Power Trading Internship/Entry-level roles

I am a PhD student in Electrical and Computer Engineering with a Power Systems focus at an Ivy League school. In addition to power, I have a solid background in math (think probability, statistics and ML needed for a quant research position). I've done significant work on very detailed power modeling (expanding on the "traditional" OPF, Power Flow, SCUC/ED modeling) and natural gas. Also, in my research I developed large-scale datasets for power and gas networks in the US, by pulling data from public sources, and I did a bit of work on forecasting renewables.

I am interested in getting into the power trading business, specifically front-office roles (virtual bids, FTR/CRRs, transmission modeling, etc).

  1. What roles and companies tend to concentrate more PhDs? I have the impression from the job description that FTR Analyst positions tend to like PhDs.

  2. I wasn't able to find internship programs targeted towards PhDs (perhaps something similar to what Two Sigma, Citadel or DE Shaw have). I checked DC Energy, Macquarie, EDF and a few more, but all their programs are for undergrads. This will be my last summer before graduation, and it'd be nice to get some exposure.

If you could provide some help, it'll be greatly appreciated




 

Quia repellendus laudantium tempore aut. Officia repudiandae sed qui eos.

Aperiam labore tempora nihil ut laudantium consequatur. Labore assumenda ipsam ab quasi. Assumenda numquam voluptas a fugiat assumenda.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”