Senior Techno-economic Analyst job opportunity at Commonwealth Fusion Systems.



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Commonwealth Fusion Systems Senior Techno-economic Analyst
Experience: 10-years
Pattern: On Site
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Salary:
Status:

Analyst

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degreeBachelor's (B.Eng.)
loacation Devens, Massachusetts, United States Of America
loacation Devens, Massac..........United States Of America

Join the power movement as a Senior Techno-economic #Analyst For fusion power plants to be successful they must be economically competitive with other power generation #technologies. The techno-economic analyst is responsible for developing models critical to evaluating fusion power plants' financial viability and commercial desirability. The candidate will work closely with internal #CFS team members to create and evolve economic models, run sensitivity analysis, identify opportunities for improvement and provide input to design, engineering, and R&D on impacts. This role will serve an important function within the business development team supporting communicating the benefits of fusion energy to customers and key stakeholders. __ What you'll do: Deliver: Continue the development of techno-economic modeling at CFS to characterize the future costs and benefits of ARC, the world’s first commercial fusion power plant Incorporate expectations for learning and experience benefits as the company develops additional power plants Establish and maintain company best practices and lessons learned related to analytical methods and models. Systematically work to improve models and analysis over time Develop and assess ARC pricing and go to market approaches, including alternative applications of ARC beyond electricity Track and maintain current assessment of ARC competitiveness compared to other energy solutions Model the economic impact of ARC power plants for communities, regions, and states Support individual project level analysis, including regional and local specifics, financing structures, and incentives Expand economic modeling to target foreign markets to help inform go-to-market strategies Work closely with the Scientific Software team to maintain the modeling tools and their underlying assumptions over time Collaborate closely with Research and Development (R&D), Engineering, Manufacturing, Scientific Software, System Engineers, Finance, Business Development, and external stakeholders to collect primary data, populate techno-economic models, productionalize the model, and validate model fidelity Provide support for non-power plant business functions and other duties as assigned Prepare briefing materials, write and publish research results in internal technical reports and public facing presentations, including collaborations with key external partners Support Investor Relations, Business Development, Corporate Finance, and Engineering teams as needed, and on-demand with queries and reports __ Strategize: Work closely with procurement to refine estimates for costs for the power plant and associated systems Identify key areas of risk, uncertainty, and variability within models and develop mitigation strategies with the business to alleviate where possible Serve as a feedback loop to the R&D and engineering organizations to understand the key levers to continuously drive down ARC costs and LCOE Synthesize quantitative results to provide insight into potential future technology research and development opportunities and design decisions __ Problem Solve: Apply quantitative and qualitative research, case studies, literature reviews, and learnings from internal and external subject matter experts to identify key variables and sensitivities important to determining the costs and value of ARC Model the first-of-a-kind and future generations of fusion power plants under a wide range of development and deployment scenarios Support the evaluation of new R&D opportunities, Open Innovation pathways, technology advancement, and market opportunities Respectfully raise concerns, providing a sound rationale or data to support perspectives Support potential customers, sponsors, partners, and investors in diligence processes Support management in developing scope, budget, and schedule for new projects based on matching expertise and capabilities to research needs and project opportunities __ Must-have requirements: Perform activities such as typing, standing, and sitting, for extended periods of time Willingness to occasionally travel or work required nights/weekends/on-call Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics __ Bonus points for: 5-10 years of relevant industry experience Experience with detailed process modeling of emerging technologies and techno-economic models of new technologies and systems Cross-functional experience in energy system engineering, business development, and financial modeling Experience developing probabilistic models with a focus on energy system modeling and optimization Comfort with mathematical modeling and tool development in python

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