Senior Techno-economic Analyst

About Commonwealth Fusion Systems :

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.

Combining decades of research top talent and new technologies were designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.

Were in the best position to make it happen. Since 2018 weve raised nearly $3 billion in capital making us the largest and leading private fusion company in the world.

Now were looking for more thinkers doers builders and makers to join us. People wholl bring new perspectives solve tough problems and thrive as part of a team.

If thats you and this role fits we want to hear from you.

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 youll do :

Deliver :

Continue the development of techno-economic modeling at CFS to characterize the future costs and benefits of ARC the worlds 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

What were looking for :

• Bachelors Degree in Engineering Engineering Technologies Business Finance Economics Math Physics or a related field
• Exposure to or professional knowledge of energy systems
• Experience working on quantitative analysis with probabilistic models
• Experience working in cross-functional teams and facilitating collaboration across domains
• Experience managing stakeholder relationships including prioritizing and executing disparate sets of deliverables on tight timelines with clear communication
• MS Excel - Mastery
• MS Power Point - Proficiency
• Probabilistic modeling and forecasting
• Ability to work collaboratively in a team environment as well as autonomously to close gaps.
• Capable of executing on mid to long-term assignments that are loosely defined
• Understand the calculation derivation and drivers of variability of key industry metrics including but not limited to levelized cost of energy overnight capital costs internal rate of return and utility return on equity
• Professional knowledge and understanding of thermodynamics and engineering fundamentals with ability to solve analytical problems related to energy usage and plant optimization from first principles
• Generates work plans defines milestones for own tasks and helps define processes that impact direct work. Contributes to process improvement
• Strong organizational abilities to manage many various cases and scenarios
• Ability to map out and understand complex interconnected systems
• Exquisite attention to detail applied across a multitude of systems ensuring comprehensive analysis and identification of gaps in quality or detail
• Reliable and persistent work ethic seeing tasks through to completion. Stays determined in the face of uncertainty and setbacks
• Ability to identify the right level of detail for a given task and flexibility to adapt to modeling both rough quick estimates for establishing development priorities and detailed reliable models for finalizing project specifications
• Adaptability to a start-up environment capability to take initiative develop own tasks and timelines and solve broad ambiguous problems
• Operates with general guidance from management and increasingly takes

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

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

$110000 - $185000 a year

Salary range for this full-time position equity benefits . The actual salary will depend on level location qualifications and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations. Benefits include :

Competitive compensation with equity

12.5 Company-wide Holidays

Flexible vacation days

10 sick days

Generous parental leave policy

Health dental and vision insurance

401(k) with employer matching

Professional growth opportunities

Team-building activities

#LI-Onsite

At CFS we excel in fast-paced environments driven by our values of integrity execution impact and self-critique. As we grow were eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.

We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally regardless of race color national origin ancestry citizenship status protected veteran status religion physical or mental disability marital status sex sexual orientation gender identity or expression age or any other basis protected by law.

This role requires compliance with U.S. laws concerning the export of controlled or protected technologies or information (collectively Export Control Laws). Any offer of employment will be contingent on the need for compliance with such Export Control Laws.

Required Experience :

Senior IC

Key Skills

Athletics,Academics,Facility Management,Light Bus And Heavy Bus,Data Analysis,AutoCAD 2D

Employment Type : Full-Time

Experience : years

Vacancy : 1