ARUNIKA CHANDRA
CV
Professional Summary
Arunika Chandra is a clean energy professional with over nine years of experience across U.S., ASEAN, and Indian power markets. She has worked at firms including Arevon Energy and KPMG Singapore, specializing in interconnection, transmission, and production cost modeling. Her expertise spans PLEXOS, Locational Marginal Price (LMP) forecasting, and ISO policy engagement, with a track record of shaping M&A strategies, interconnection processes, and transmission planning. Arunika has also contributed to international projects on renewable integration, data center impacts, and energy policy, combining technical rigor with a global perspective on market design and grid reform.
Skills
Energy economics Power markets Energy & emissions modeling
Statistical data analysis Market research Excel modeling Stata R Tara PLEXOS MS Project
Work Experience
Sept 2025 - present
Research Manager (US Power Markets), Wood Mackenzie
Nov 2024 - April 2025
Assistant Manager, KPMG SIngapore
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Led energy and technology analysis for Indonesia’s energy transition strategy under Australia-Indonesia partnership for development.
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Conducted market research on solar, wind, hydro, and CCUS technologies across ASPAC and assessed their impact on ASEAN Power Grid
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Led proposal development for energy and utilities projects across ASEAN, driving key partnerships and supporting key strategic priorities.
Jan 2024 - Nov 2024
Sr. Associate - Transmission, Arevon Energy
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Developed basis studies and forecasted Locational Marginal Prices (LMP) using PLEXOS to evaluate M&A opportunities in WECC & ERCOT.
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Synthesized ISO-specific market research and price analytics to support investment strategy and origination in RFPs across 6 markets.
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Developed ISO-wide pre-screening tools to streamline M&A assessment value chains and improve efficiency by over 60%.
Jan 2023 - Dec 2023
Sr. Associate - Interconnection, Arevon Energy
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Led Interconnection processes and studies including new Interconnection Requests, Material Modifications, and POI change for WECC.
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Monitored regulatory changes and developed comments on interconnection, resource adequacy, and wholesale market related policies.
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Partook in stakeholder proceedings through 3 trade associations and 5 ISO's Working Groups to evaluate the impact of policy changes.
March 2021 - Dec 2022
Associate - Interconnection, Arevon Energy
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Managed Interconnection processes for 60 utility-scale solar and storage projects in MISO, SPP, NVE, Southern Company, and TVA regions
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Coordinated with Development, Origination, and Finance teams to develop interconnection-related model assumptions & RFP materials.
June 2019 - Aug 2019
EDF Climate Corps Fellow, Mayo Clinic
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Identified energy conservation opportunities by assessing building HVAC system data for Mayo’s most energy intensive building
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Conducted Financial analysis to identify most profitable conservation project and calculated annual savings worth almost $500,000 and annual reduction of CO2 emissions (location-based) worth 3,500 MT by working independently as a consultant
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Conducted rigorous market research on energy efficiency initiatives in the state of Minnesota to curate outreach programs with key actors including Mayo’s sustainability team, Rochester Public Utility, energy efficiency and HVAC equipment manufacturers
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Developed a best practices module to document industry norms and made recommendations to local policies and product offerings to foster participation in energy efficiency programs
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Presented financial analysis and business case justification for project opportunities through a presentation to senior leadership
April 2015 - April 2018
Project Portfolio Manager, Freyr Energy Services
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Led development of RFP responses, conducted market research in emerging energy markets within India and Africa, identified opportunities to develop solar rooftop projects worth INR 150 million or roughly $2 million.
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Managed development of 900 PPA and rooftop solar & 220 microgrid projects across India, Ghana, & Nigeria.
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Aided in developing renewable energy pipelines for hotels, industrial plants, and corporates in India and Africa to accelerate their roadmaps towards their renewable energy targets to cumulatively mitigate 1.5 million MT CO2.Estimated serviceable market sizes in India and Africa for different product lines under the Stanford SEED program.
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Liaised with government agencies, blue chip solar companies and non-profits for PPP and CSR opportunities and provided inputs as an advisory for reforms in clean energy regulations and policies.
Education
2023 - 2024 (not completed)
Ottawa University
Executive MBA
2018 - 2020
Duke University - Nicholas School of the Environment
Masters of Environmental Management
2009 - 2013
Osmania University
Bachelors of Engineering - Civil Engineering
Certifications
2024
PLEXOS Power Core Certification
Energy Exemplar
2023
Certification in North American and European Power Purchase Agreements
Infocus International
2022
Policy in Action Program
Young Leaders for Active Citizenship (YLAC)
2022
CELI fellowship
Clean Energy Leadership Institute (CELI)
2021
Certification in Development Research and Practice
World Bank Group
Projects
Aug 2025
America's Oldest Electric Market Operator Is Flashing a Long-Ignored Systemic Warning
Author (Tech Times) | Click here for Op-ed
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Published an op-ed on PJM’s capacity market auctions, examining how interconnection delays, stakeholder governance structures, and status quo bias exacerbate reliability risks and distort long-term market signals
FERC Order 2222: Participation in Electricity Markets by Distributed Energy
RE+ Conference Panelist
Sept 2023
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Presented at RE+ 2023 Conference on FERC Order 2222 from the IPP perspective, discussing market opportunities and challenges.
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Conducted a comparative analysis of different markets, highlighting the integration of DERs into wholesale markets.
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Provided thought leadership and strategic insights on regulatory and operational challenges for optimizing DER participation.
June 2022 - Nov 2022
Evaluation of global electric market designs to facilitate renewables, Clean Energy Leadership Institute (CELI)
Fellow
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Analyzed existing electricity market structures in US, China, and India to contrast approaches in the Global North and South.
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Evaluating the inadequacies of the capacity, ancillary, and energy services markets in the US to generate new products ideas.
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Developing strategic pathways for coal phase outs in India and China; evaluating means to reform public sector market designs and present opportunities for revenue creation and market expansion thereby facilitating larger adoption of renewables.
Aug 2019 - May 2020
FERC Order 841: Analysis of actions by wholesale Market Operators to incorporate energy storage, Scott Madden
Student Consultant
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Worked with Scott Madden on understanding the legislation and the order’s wholesale market rules. Created custom market analysis through qualitative data analysis for integrated resource planning under each ISO’s participation models for energy, capacity, and ancillary markets by reviewing the regulatory proposals and whitepapers.
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Developed market maturity models, case studies, and heat maps, and also conducted scenario analysis to compare ISOs and assess how markets can be optimized.
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Made recommendations for power sector reform and utility improvements in each jurisdiction through the analysis
Dec 2019 - April 2020
Carbon Option+: Development of a carbon price hedging derivative, Kellogg-Morgan Stanley Sustainable Investing Challenge
Finalist
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Developed an idea for global investment vehicle that enables companies to hedge against carbon prices and whose revenues fund carbon offset programs in countries with new ETS markets. Competed as one of 12 finalists out of 95 participants.
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Proposed pipeline development process of 25,000 ha of reforested land-based offsets through the proof of concept in Latin American countries such as Colombia after developing detailed financial and emissions models
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Conducted market research and economic modeling for energy efficiency project-based offsets in upcoming ETS markets
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Pitched to investors at Morgan Stanley through a detailed presentations and strong communications and presentation skills