Basic Purpose
The role is responsible for overseeing and directing the economic analyses of the Company’s electric systems. Key responsibilities include forecasting total system fuel and purchased power costs, unit production, and natural gas and coal requirements for fuel procurement, regulatory proceedings, and business plan development. The role also involves performing research to support market fundamentals analysis and resolving complex pricing, financial, economic, regulatory, or legislative issues. Additionally, the role requires operating and maintaining pricing models used for forward price curve development, asset valuation, and resource planning activities, as well as making pricing and regulatory decisions that impact company policy and revenues.
Essential Duties and Responsibilities
- Conduct complex, multidisciplinary research and analysis to support resource planning activities.
- Prepare and present clear, concise, and accurate reports to consultants, managers, executives, and regulators.
- Maintain and execute computer models that support major resource decisions, including procurement, operations, retirements, and integrated resource plans.
- Prepare and communicate written summaries of resource modeling inputs and results.
- Perform ad-hoc market analysis to support resource investment, acquisition, and commercial transaction opportunities.
- Participate in meetings and proceedings with stakeholders, providing technical input and representing modeling assumptions and analysis.
- Provide regulatory support on behalf of the Company, including preparing written testimony for regulatory filings and responding to data requests.
- Serve as an expert witness in regulatory proceedings.
- Conduct industry research to identify major trends for future regulatory filings.
- Participate in workshops and explain analysis results to team members, management, and external stakeholders.
- Coordinate, mentor, and train junior Resource Planning staff. Act on behalf of the Director in their absence.
- Ensure compliance with all relevant policies, codes, and regulations.
- Perform related duties as assigned.
Requirements
Education and Work Experience
- Bachelor’s degree from an accredited university.
Specialized Knowledge and Skills
- In-depth knowledge of generation, transmission, gas transportation, wholesale power markets, environmental regulation, and renewable energy.
- Understanding of the impact of changes in model inputs and assumptions on results.
- Proficiency in various modeling, analytical, statistical, monitoring, or reporting software.
Demonstrated Skills
- Quantitative analysis
- Project management
- Communication and presentation
- Planning and time management
- Decision-making and organization
- Modeling and prioritizing
- Interpersonal skills
