Market Analyst

Number of employees

50

Madrid

Posted on: 2026-10-01

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

Modo Energy is an energy market intelligence platform that provides data, analytics, and forecasts to investors, developers, lenders, and asset managers operating in the energy transition. The company offers a suite of products including bankable revenue forecasts, FCA-regulated and IOSCO-certified benchmarks for battery energy storage and other energy assets, and AI-powered analyst tools designed to support investment-grade decision-making across global power markets. Their platform integrates real-time market data, long-term forecasts, and expert analysis to help clients underwrite, monitor, and optimize energy assets such as grid-scale battery storage and solar projects. Modo Energy's mission is closely tied to accelerating the clean energy transition by equipping the financial and development community with the rigorous, transparent intelligence needed to deploy capital into green energy infrastructure with confidence. By providing regulated benchmarks and defensible forecast methodologies, the company helps reduce the information asymmetry that has historically slowed investment in renewable and storage assets. Their work directly supports the financing of projects critical to decarbonizing electricity grids. What sets Modo Energy apart is its position as the provider of the only FCA-regulated, IOSCO-certified benchmarks for battery energy storage, giving its data a level of institutional credibility rarely found in the energy analytics space. The company also offers Ko, an AI analyst built specifically for energy investment decisions, as well as an API for data integration, a podcast, and live events, making it a comprehensive intelligence ecosystem for the global energy finance community.

About Modo Energy

The energy transition is the biggest infrastructure buildout in human history. Modo Energy is the data platform at the centre of it.

We build the benchmarking, forecasting, and valuation tools that the world's most serious energy investors, developers, and operators depend on to make decisions. If a battery gets financed, built, or traded anywhere in the world, there's a good chance Modo data was in the room.

Founded in 2019, we're 90+ people across London, New York, Sydney, and Madrid; $30M Series B, AI-native, and moving fast.

This is a rare chance to join a category-defining company at the moment it's scaling globally.

The Role

We're hiring an Iberia Market Analyst to build Modo Energy's products for Spain and Portugal. Iberia is one of Europe's fastest-moving storage markets, and our customers rely on us to understand how batteries earn revenue there.

This is a builder's role. You'll design the data workflows behind our Iberian coverage, build and ship benchmarks, and work with our European forecast team to shape the forecast product for both markets. You'll also help teach Ko, our AI analyst, to become the best source of answers on Iberia.

We're looking for a generalist. You should be as comfortable automating a data pipeline as explaining a market to a customer, and you should enjoy turning messy data into products people use.

Our coverage is battery energy storage, solar, wind and data centres, and we expect it to grow.

You'll be part of the Iberia team, reporting to the Iberia Regional Head and working closely with engineering and the European forecasting team.

What You'll Be Doing

  • Build and automate the data workflows behind our Iberian coverage, from TSOs, NEMOs, and other sources.
  • Build, maintain and ship Iberian benchmarks, working with engineering to deploy them to customers on the Modo Energy Terminal.
  • Train Ko on Iberia: Improve how useful our AI model is to clients. Expose the right datasets, improve its answers, and deepen its market knowledge.
  • Work with the European forecast team on the Spanish and Portuguese forecasts: fundamentals, market design, and how regulatory and market changes feed into the models.
  • Maintain a grid-scale asset and capacity register for Spain and Portugal.
  • Use AI to build tools and workflows that help you and the team scale.
  • Contribute market insight through research and customer calls.

What We're Looking For

The Essentials

  • You like building things, and you use AI to build tools and workflows.
  • 2+ years of experience in power markets, energy analytics, data, or a technical analyst role.
  • Strong programming skills. You can interrogate complex datasets and pick up new tools quickly.
  • Familiarity with battery energy storage or wider energy transition themes.
  • A generalist mindset: comfortable moving between data, product, and market questions.
  • Clear written communication.
  • Professional fluency in Spanish and English.
  • You're comfortable building products for a region from the ground up.

Nice To Have

  • Knowledge of Iberian electricity markets: OMIE day-ahead and intraday, REE balancing services (aFRR, mFRR, RR), and the capacity mechanism.
  • Experience with data pipelines or workflow orchestration (e.g. Airflow, Dagster, dbt).
  • Experience building data products or modelling tools, such as revenue models or dispatch optimisation.
  • A working knowledge of Portuguese.

Please note we can only consider candidates who already have the right to work in Spain, as we can't offer visa sponsorship at this time.

Equal Opportunity

Modo Energy is an equal opportunity employer. Employment decisions are made on the basis of qualifications, merit, and business need. We do not discriminate on the basis of race, colour, religion, national origin, sex, age, disability, sexual orientation, gender identity or expression, pregnancy, or any other characteristic protected by law.

If you require assistance or a reasonable accommodation during the application or interview process, please contact us at [email protected].

 

What You Can Expect From Us

At Modo Energy, we believe that exceptional work deserves exceptional reward. We're a high-performance team; ambitious, collaborative, and genuinely motivated by the scale of what we're trying to build.

You'll have real ownership from day one, work alongside some of the brightest people in the industry, and be part of a company that's defining a new category in the global energy market. We're hybrid: everyone works Tuesday to Thursday in office, with Monday and Friday flexible. We offer top-of-market compensation, equity for every employee, and the space to take your career wherever you want it to go.

We're looking for people who want to do the best work of their careers. If that's you, we want to talk.

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