Energy Market Analyst Senior - Market Systems

About This Position

 

This position performs a variety of tasks related to the optimization of electric power generation, fuel usage and energy purchases and sales.

 

Job Description:

Duties, Functions and Responsibilities: 

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

• Determines optimum solutions for short-term and long-term generating capacity requirements.

• Designs, develops and implements complex load forecasting systems (based on unique time horizons) for use in Fuel and Electric Operations Planning.

• Designs, develops and implements software and solutions to facilitate wholesale power, fuel and hedging transactions. Develops and recommends optimum strategies to hedge transmission congestion risk.

• Designs, develops and implements solutions to facilitate Electric Reliability Council of Texas (ERCOT) Qualified Scheduling Entity (QSE) functions including scheduling, bidding, settlement and market monitoring . Provides technical expertise and participates in the ERCOT market design and development process.

• Determines unit commitment schedules for generating resources using generation simulation software. Determines dispatch schedules for generating resources using generation simulation software.

• Projects short-term and long-term energy consumption, energy cost, and generation requirements to serve Austin Energy (AE) system load.

• Performs quantitative analysis of the financial impacts of various power, fuel and hedging transaction opportunities. Procures, administers and utilizes AE's Electric System Generation Simulation/Production Costing models.

• Evaluates economics of projects related to Conservation, Renewable Energy and other projects that support AE's Strategic Plan.

• Provides the analytics for determining the sales of excess generation capacity and energy. Analyzes and validates generating unit heat rate curves and performance data.

• Conducts research and provides technical expertise regarding weather impacts to customer demand and power requirements.

Responsibilities - Supervisor and/or Leadership Exercised: 

May provide leadership, work assignments, evaluation, training, and guidance to others.

Knowledge, Skills, and Abilities: 

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of AE's wholesale fuel and energy requirements.

• Knowledge of the impacts of recent deregulation trends in the fuel and energy markets.

• Knowledge of applicable processes, techniques, and methods.

• Knowledge of Federal, State, and Local laws and ordinances governing fuel and energy markets.

• Skill in communicating effectively both orally and in writing to convey information in a clear and concise manner.

• Skill in handling multiple tasks in a fast pace environment.

• Skill in using computers and related software applications.

• Skill in analyzing complex data and solving problems.

• Ability to work with frequent interruptions and changes in priorities.

• Ability to quickly recognize and analyze irregular events.

• Ability to cross train in related areas.

Minimum Qualifications: 

• Graduation with a Bachelor’s degree from an accredited college or university, plus five (5) years of experience in a related field

• Graduation with a Master's degree from an accredited college or university with major course work in a field related to the job may substitute for experience up to one (1) year

• Graduation with a PhD. from an accredited college or university with major course work in a field related to the job may substitute for experience up to two (2) years

Preferred Qualifications:

• Experience in energy market operations or its related area.

• Experience designing or developing RESTful Web Service applications or other APIs and the security handling feature.