Commonwealth Fusion Systems (CFS) is on a mission to deliver clean fusion energy to the planet fast enough to matter for humanity’s biggest challenges.
It’s urgent. The gap between the energy we need and the energy we have is widening every day. Fusion is a critical part of the energy transition away from fossil fuels, a new chapter for the world’s energy supply.
We’re committing to delivering fusion power plants and a full-fledged fusion energy industry as we’ve delivered on other promises. Like the world’s strongest high-temperature superconducting magnet, the game-changing technology that’s making commercial fusion energy a reality.
We’ve raised over $2 billion in capital — more than any other fusion energy company — and attracted top talent to design, build, and deliver commercial fusion power plants. And we’re working with policymakers and suppliers to make fusion energy available globally.
As we push toward the fusion-energy future, we’ll keep setting and meeting milestones, sharing and validating our progress, and encouraging others to do the same.
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, we’re designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.
We’re in the best position to make it happen. Since 2018, we’ve raised nearly $3 billion in capital, making us the largest and leading private fusion company in the world.
Now we’re looking for more thinkers, doers, builders, and makers to join us. People who’ll bring new perspectives, solve tough problems, and thrive as part of a team.
If that’s you and this role fits, we want to hear from you.
Join the power movement as a Senior Techno-economics 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.
#LI-Onsite
At CFS, we excel in fast-paced environments, driven by our values of integrity, execution, impact, and self-critique. As we grow, we’re 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.
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 plantIncorporate expectations for learning and experience benefits as the company develops additional power plantsEstablish and maintain company best practices and lessons learned related to analytical methods and models. Systematically work to improve models and analysis over timeDevelop and assess ARC pricing and go to market approaches, including alternative applications of ARC beyond electricityTrack and maintain current assessment of ARC competitiveness compared to other energy solutionsModel the economic impact of ARC power plants for communities, regions, and statesSupport individual project level analysis, including regional and local specifics, financing structures, and incentivesExpand economic modeling to target foreign markets to help inform go-to-market strategiesWork closely with the Scientific Software team to maintain the modeling tools and their underlying assumptions over timeCollaborate 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 fidelityProvide support for non-power plant business functions and other duties as assignedPrepare briefing materials, write and publish research results in internal technical reports and public facing presentations, including collaborations with key external partnersSupport 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 systemsIdentify key areas of risk, uncertainty, and variability within models and develop mitigation strategies with the business to alleviate where possibleServe as a feedback loop to the R&D and engineering organizations to understand the key levers to continuously drive down ARC costs and LCOESynthesize 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 ARCModel the first-of-a-kind and future generations of fusion power plants under a wide range of development and deployment scenariosSupport the evaluation of new R&D opportunities, Open Innovation pathways, technology advancement, and market opportunitiesRespectfully raise concerns, providing a sound rationale or data to support perspectivesSupport potential customers, sponsors, partners, and investors in diligence processesSupport management in developing scope, budget, and schedule for new projects based on matching expertise and capabilities to research needs and project opportunitiesWhat we're looking for:
Bachelor’s Degree in Engineering, Engineering Technologies, Business, Finance, Economics, Math, Physics or a related fieldExposure to or professional knowledge of energy systemsExperience working on quantitative analysis with probabilistic modelsExperience working in cross-functional teams and facilitating collaboration across domainsExperience managing stakeholder relationships, including prioritizing and executing disparate sets of deliverables on tight timelines with clear communicationMS Excel - Mastery MS Power Point - ProficiencyProbabilistic modeling and forecastingAbility 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 definedUnderstand 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 equityProfessional knowledge and understanding of thermodynamics and engineering fundamentals, with ability to solve analytical problems related to energy usage and plant optimization from first principlesGenerates work plans, defines milestones for own tasks, and helps define processes that impact direct work. Contributes to process improvementStrong organizational abilities to manage many various cases and scenariosAbility to map out and understand complex interconnected systemsExquisite attention to detail applied across a multitude of systems, ensuring comprehensive analysis and identification of gaps in quality or detailReliable and persistent work ethic, seeing tasks through to completion. Stays determined in the face of uncertainty and setbacksAbility 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 specificationsAdaptability to a start-up environment, capability to take initiative, develop own tasks and timelines, and solve broad, ambiguous problemsOperates with general guidance from management and increasingly takesBonus points for:
5-10 years of relevant industry experienceExperience with detailed process modeling of emerging technologies and techno-economic models of new technologies and systemsCross-functional experience in energy system engineering, business development, and financial modelingExperience developing probabilistic models with a focus on energy system modeling and optimizationComfort with mathematical modeling and tool development in pythonMust-have requirements:
Ability to lift up to 50 lbs occasionallyPerform activities such as typing, standing, and sitting, for extended periods of timeWillingness to occasionally travel or work required nights/weekends/on-callWork in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics