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Electra

Senior Techno-Economic Analysis (TEA) Analyst

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Boulder, CO
Boulder, CO

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Who we are:  

Electra is reinventing iron production to tackle the nearly 10% of global carbon dioxide emissions produced from iron and steelmaking. Its patented process uses chemistry and renewable energy to transform a variety of grades of iron ore into environmentally responsible pure iron at scale. By maximizing the value of Earth’s resources and minimizing our environmental footprint and carbon emissions, Electra is forging a green future from the ground up. With a collaborative culture and passion for disrupting the status quo, careers at Electra offer challenge, reward, and the opportunity to bring to market solutions that dramatically improve the health of the planet. 


What you will do:  

The Technology Analyst will regularly perform mission critical cost estimations, techno-economic analyses, capital cost estimating, project delivery planning and project procurement strategy. 

 

Responsibilities include:  

  • Build and maintain complex TEA models   
  • Perform rapid technology scoping and techno-economic analysis to evaluate new product concepts, production cost modeling, techno-economic feasibility assessments, and literature reviews.  
  • Produce reports and sensitivity analyses from economic models to capture tradeoffs between varying business scenarios.  
  • Model value chains in industry, especially iron from mining through to steel production, to understand where cost is incurred and how value is created.   
  • Research and evaluate value chains and markets to identify potential customers and map product price potentials.   
  • Produce detailed techno-economic analysis of competitive product markets.  
  • Perform scale-up analysis, flowsheet and plant configuration options analysis, CAPEX/OPEX assessments, and economic analyses from Class 5/Scoping to Class 3/FEED levels.  
  • Perform audits of Class 5 to Class 1 cost estimates from EPCs for Electra’s project deployments.  
  • Assist with tracking and incorporation of experimental data used to develop, inform, and update techno-economic models. 
  • Assist with incorporation of techno-economic models into detailed financial models and scenarios analyses for site specific deployment of Electra’s technology.  
  • Gather equipment and process cost benchmarks from the industry and maintain a database of these costs for reference by economic models.  
  • Maintain disciplined revision control and change management of Electra’s models. 

 


What we need you to bring to the team:   

  • Bachelor's degree in a related field
  • 8+ years of related experience in techno-economic modeling or related 
  • Experience producing Class 5 through Class 3 cost estimates for industrial plants  
  • Experience utilizing CEPCI and other cost benchmarking data including correcting for currency and escalation of historical costs  
  • Strong organizational and project management skills  
  • Strong verbal and written communication skills  
  • Advanced proficiency with Microsoft Office suite of programs including Word, Excel, PowerPoint, Outlook, OneDrive, and SharePoint.  
  • Brings a strong technical ‘go to’ network from R&D, nonferrous sector operating plants   
  • Plant operations experience in Zn, Cu processing and EW plants  
  • EPCM experience building detailed engineering and bids for non-ferrous metals [Zn, Cu, Ni etc.] plant projects  
  • Prior Start-up experience preferred

Compensation:   

  • This position's anticipated starting pay range is $120,000-$132,000 and may be more or less depending upon skills, experience, and education.  

Benefits For You:  

  • 100% paid premiums across all medical, dental, vision, telemedicine, short-term disability, long-term disability, and basic life insurance plans 
  • Reasonable use PTO 
  • $1,800 in annual employer HSA contributions (health savings account) 

Benefits For Your Family:  

  • 100% paid premiums across all medical, dental, vision, and telemedicine plans 
  • 12 weeks of paid parental leave 

Benefits For Your Future:  

  • 401k with up to 5% matching contributions which vest 100% on day one  
  • Eligibility for incentive stock options 


HQ

Electra Boulder, Colorado, USA Office

6400 Lookout Road, Boulder, Colorado, United States, 80301

What you need to know about the Colorado Tech Scene

With a business-friendly climate and research universities like CU Boulder and Colorado State, Colorado has made a name for itself as a startup ecosystem. The state boasts a skilled workforce and high quality of life thanks to its affordable housing, vibrant cultural scene and unparalleled opportunities for outdoor recreation. Colorado is also home to the National Renewable Energy Laboratory, helping cement its status as a hub for renewable energy innovation.

Key Facts About Colorado Tech

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  • Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
  • Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
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