Senior, Energy Transactions & Solicitations Analyst

Requisition ID # 157550 

Job Category: Business Operations / Strategy 

Job Level: Individual Contributor

Business Unit: Energy Policy & Procurement

Work Type: Hybrid

Job Location: Oakland

 

 

Department Overview

The Energy Policy and Procurement (EPP) organization procures energy-related products and manages PG&E’s policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.

 

The Structured Energy Transactions (SET) Department is responsible for structuring, negotiating, and managing the procurement and the solicitation processes for PG&E’s wholesale electric portfolio structured energy transactions. SET is responsible for an extraordinary range of agreements- from procuring for storage, solar, biomass, geothermal, wind, and more and must execute these duties in a way that is fair to the market and protects our customer’s interests. We are executing the transactions to help the state meet its reliability, greenhouse, and other policy goals. To do this, SET must have a deep understanding of our policy and procurement landscape, implement rigorous processes to run solicitations, learn the marketplace, and dive deeply into quantitative and contract details to achieve commercial excellence.

 

The Energy Transactions & Solicitations Team, within SET, is responsible for procuring the Company’s wholesale power purchase contracts including those specifically for renewable energy and storage resources.  The team manages procurement program solicitations, each of which must be designed to procure specific energy and capacity products to satisfy the policy objectives at minimum cost.

 

Position Summary

As a key contributor to the Energy Transactions & Solicitations team, this individual will administer various procurement solicitations, negotiate commercial terms and conditions of energy contracts, and contribute in other areas of PG&E's structured energy procurement efforts.  This person will bring a passion for commercial excellence and customer service to help PG&E transact across energy products. This role may be responsible for leading various commercial activities to procure renewable energy, distributed resources, or storage capacity for example.  This role will work closely with other teams including Energy Settlements and Contract Management (back office), Short Term Electric Transactions (front office), Portfolio Management, Law, Risk, and Regulatory Affairs.   Success in this position will require the ability to motivate and influence the work of others and working across teams within the Energy Policy and Procurement organization, and throughout the company.

 

This position is hybrid, working from your remote office and your assigned work location based on business need. The preferred work location is Oakland, CA.

 

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors.​ This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.  

 

A reasonable salary range is:​

 

Bay Area Minimum: $109,000

Bay Area Maximum: $175,000

 

 

Job Responsibilities

• Originates highly structured long-term power purchase and sales agreement by leading the execution of the most complex solicitations including solicitations for new and innovative product offerings.
• Negotiates of terms and conditions of power purchase or power sale agreements.
• Drafts strategy papers and PRG presentations, drafts testimony, and supports requests from the Independent Evaluator.
• Builds and manages relationships with new and existing entities in the market area of focus.
• Evaluates offers resulting from solicitations and bilateral negotiations, leads counter-offer preparation, prepares analysis of offers, and manages overall procurement Acts as a significant contributor in the development of strategy or resolution of complex issues.
• Participates in identification, devel