Base Power Company
Hiring now
Quantitative Developer Intern
On-site · Austin, Texas, United StatesInternshipPosted 6 weeks ago
Base Power Company
ApplyBase Power Company
Hiring now
On-site · Austin, Texas, United StatesInternshipPosted 6 weeks ago
Base Power Company
ApplyBase is America’s next-generation power company. We’re rebuilding the foundation of modern civilization–electricity–by deploying a vast network of distributed batteries that is transforming today’s fragile, centralized grid into a resilient and abundant system. We are engineers, operators, and creatives solving some of the most complex, interdisciplinary challenges of our time.
We’re looking for a highly motivated, intellectually curious, mission-driven software engineer to join our Markets team. As an intern, you’ll work on high-impact problems critical to Base’s success and deliver solutions alongside full-time team members.
Algorithms & Optimization:
At Base, we operate distributed energy resources that trade in real-time electricity and ancillary service markets. You’ll help design and implement sequential decision algorithms that determine when and how to trade. Responsibilities will include:
Designing algorithms for trading a fleet of energy storage resources in ERCOT.
Validating physics- and economics-based models in a simulation environment.
Implementing and deploying new algorithms to our production trading stack.
Risk & Trading:
Base also enters into financial contracts to hedge against volatility in electricity markets. You’ll help identify, evaluate, and automate new hedging strategies. Responsibilities will include:
Quantifying long-term financial risk under different operating strategies.
Identifying and assessing new products and contract structures.
Developing software to automate valuation and execution of trades.
First-principles thinker with a strong problem-solving mindset.
Expertise in optimization techniques and sequential decision-making algorithms.
Proficiency in statistics, machine learning, and data-driven decision-making.
Strong software engineering skills, including test-driven development and CI/CD workflows.
Proficiency in Python and SQL; ability to write clean, maintainable, and scalable code.
Knowledge of energy markets, energy systems, or wholesale power trading.
Experience in commodities, equities, or derivatives trading.
The Markets team at Base is tasked with ensuring the grid-support performance and profitability of Base’s distributed battery fleet. This encompasses device communications with balancing authorities, telemetry analysis, algorithms for fleet aggregation and economic dispatch, through to financial portfolio management in wholesale energy markets. Our team is made up of physicists, economists, computer scientists, and engineers; the best candidates will bring the day-over-day intensity of an operator with the foresight to drive the long term development of simpler, more performant automated control. Success looks like building the airplane as it falls out of the sky.
Please note: Base is a startup, which means priorities shift and evolve quickly. Your role may expand or change based on the needs of the business at any given time, so the responsibilities listed may not be exhaustive.
First Principles Thinking: Question assumptions. Principles > rules.
Operate at Base Pace: Focus on what matters, act quickly, and learn by doing.
Give & Get Feedback: Be direct, be humble, and maintain a growth mindset.
Everyone’s an Owner: Follow through on commitments and own results.
Strong Opinions, Loosely Held: Drive clarity and make calls with imperfect information.
Committed to the Mission: Rebuilding the grid is a big challenge. We work hard because we care deeply about the impact we’re creating. We work in-person. It’s not a 9-to-5. We are all-in.
Fun & Optimism Coexist with Grit: Collaboration and celebration coincide with the intensity of building real things.