Market Analyst Forecasting Specialist

Status: Regular Full Time

Working Conditions: Hybrid

Education Level: Bachelor’s Degree in Meteorology, Atmospheric Physics, Econometrics, Economics, Math, Physics, Engineering or other related field

Base Location: Oshawa, ON

Temporary Work Location: Toronto, ON

Shifts(s): Days

Travel: 10%

Deadline to Apply: June 15, 2026

Salary Range: $1,664.34 - $2,583.30 Per Week

Electrify your career and help build a brighter tomorrow.

Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us as we work to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.

Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.

JOB OVERVIEW

Ontario Power Generation (OPG) is looking for a dynamic, strategic and results-driven professional to join our team in the role of Market Analyst Forecasting Specialist.

Reporting to the Senior Manager, Day Ahead Operations, this position is responsible to assist in preparing load and weather (incl. wind/solar) forecasts, conduct analysis of related data and provide written and verbal commentaries to Operations.

KEY ACCOUNTABILITIES 

• Prepare daily forecasts of short-term electricity demand in the electricity markets/control areas/zones in which OPG does business in. Regularly brief OPG staff on forecasts.
• Assist in maintaining and adapting proprietary short-term demand forecasting applications.
• Evaluate short-term electricity demand forecasts prepared by the Independent System Operators (ISOs) in the electricity markets/control areas/zones in which OPG does business in, and identify potential discrepancies relative to proprietary short-term demand forecasts.
• Assist in appraising publicly and commercially available weather model predictions and providing short­-term forecasts and assessments of potential weather impacts on OPG operations, specifically from but not exclusive to:
• Wind generation in the electricity markets/control areas/zones in which OPG does business in;
• Solar generation in the electricity markets/control areas/zones in which OPG does business in;
• Algae and debris run risks for nuclear and/or thermal generation
• Extreme weather in the electricity markets/control areas/zones in which OPG does business in;
• Anomalous precipitation risks for hydroelectric generation
• Conduct analysis of short-term electricity demand drivers and provide assessments of weather-based demand response in the electricity markets/control areas/zones in which OPG does business in.
• Provide information, as required, to support operational decision making
• Remain current with the methods used for short term electricity demand and weather forecasting; provide recommendations to management on their potential for adding value to OPG operations.
• Participate in research studies or electricity sector working groups on forecasting of electricity demand and weather and provide technical guidance, as required.
• Assist with specialized technical assignments, as required.

QUALIFICATIONS

• Bachelor’s Degree (Meteorology, Atmospheric Physics, Econometrics, Economics, Math, Physics, Engineering or an equivalent field)
• 6 years experience minimum in a similar role
• Ability to work in effectively and efficiently in a flexible hybrid office environment.
• Requires experience or knowledge of the electric utility business, to be familiar with the inherent factors and problems influencing energy use, production, and transmission.
• Requires experience or knowledge to be familiar with the evolving electricity marketplace in Ontario and neighboring power systems, as well as the interrelationship of groups in the Business Unit and OPG as a whole.
• Requires experience in consulting with management, preparing various forecasts and undertaking studies related to economic or energy market issues.
• Requires experience in the collection of data and the development and maintenance of databases for use as the primary information source for market analysis, forecasting, risk analysis and alternative scenarios.
• Requires experience with or knowledge of econometric/statistical models. Experience in interpretation of weather prediction models, analysis of short-term electricity demand drivers and weather-based demand response in power markets, econometric modeling, etc.
• Experience with MetrixND/ MetrixIDR is considered an asset

The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.

OPG is committed to fostering an inclusive, equitable, and accessible environment. If you require accommodation during the selection process, please contact AODA@opg.com

This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario.  This position will be temporarily based in Toronto, ON until the move to Headquarters in the Summer of 2025.

What makes a career at OPG different?

With operations across Ontario and the United States, OPG is one of the most diverse power producers in North America. As the largest generator in Ontario, we meet approximately 50% of the province’s electricity needs, largely from low-carbon sources like nuclear and hydro. 

As we work to achieve our vision of Electrifying life in one generation, OPG and our family of companies are also helping advance the development of new low-carbon technologies such as Small Modular Reactors (SMRs), refurbishment projects, and electrification initiatives to help power the growing demands of a growing economy. Join OPG and make history.

Please submit your application online at https://jobs.opg.com/.  OPG thanks all those who apply; however, only candidates considered for an interview will be contacted.

#LI-Hybrid 

Please note: All job postings at OPG are to fill existing vacancies within our organization. 

OPG may use artificial intelligence (AI) tools as part of the applicant screening process. However, applications will also be reviewed by a member of our Recruitment team to ensure a fair and thorough assessment.

The base salary range considers many factors including, but not limited to experience, education, and training, including any collective agreement requirements for union represented positions. It is not typical for the salary to be offered near the top of the range, and salary is dependent on numerous factors. For management roles, the base salary range does not represent the total compensation package. The total compensation package for regular full-time management roles includes pay-for-performance programs for annual and medium time periods. Maintaining a high-performance culture and excellence is a core expectation of every member of our leadership team and is rewarded through the established compensation framework.

OPG is committed to employment equity. As such, we encourage applicants from equity-seeking communities (Indigenous Peoples, racialized persons, persons with disabilities, and women). We strongly believe that alleviating the under-representation of equity-seeking individuals will create a stronger OPG team and allow us to better serve the needs of our diverse communities.

In order to fulfill the above-mentioned purpose, priority in hiring may be given to qualified persons who self-identify as a member of equity-seeking groups as identified in the application process. This initiative constitutes a special program under the Human Rights Code/Canadian Human Rights Act.