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Market Operations Analyst Job

Job Grade: R
Hierarchy:  No - We can only hire at the posted level 
Union Position: Non-Bargaining

 

 

Position Summary
Design and perform quantitative analysis to evaluate the impact of changes in the resource portfolio. Propose plans to optimize seasonal, monthly, balance-of-month, and daily resource commitment schedules and portfolio positions to provide the most economic operations of the power system portfolios. Perform post-analysis of actual dispatch and system operations for each of the Xcel Energy power system portfolios to determine opportunities for efficiency improvements. Advise management on modeling results, portfolio options, regulatory impacts, and opportunities. Adhere to business rules and understand the regulatory environment.

Essential Responsibilities

 

  • Design and perform quantitative studies to identify opportunities to increase optimization of existing resources. Support operations, planning, and risk management activities through evaluation of system capacity/energy requirements, future needs, and resource capabilities. Troubleshoot the daily operation of XE’s regulated electric operating companies and provide technical support to improve daily system operations. Assist Fuels in the determination of forward fuel requirements and the daily gas nomination process.
  • Identify opportunities to improve system operations and reduce customer costs. Design and create analytical studies to model opportunities and determine costs/savings (rescheduling plant maintenance, alternative operating strategies for certain resources, etc.). Help plant operations personnel understand the market implications of plant operating decisions. Understand mechanical aspects of power plants and the potential optionality in the various power generation technologies. Understand electrical system constraints and operations.
  • Create and run modeling scenarios to evaluate the efficiency of daily unit commitment, benefits of purchases and sales, and utilization of energy limited resources. Interpret results of modeling assignments and advise management. Verify the accuracy of results through extensive post-analysis of XE system performance. Review and verify short-term load forecasts, current plant/contract availability, fuel costs, and market conditions in analysis.
  • Design and perform post-analysis models of previous day system operation to determine opportunities for increasing dispatch efficiency and customer cost reductions. Perform benchmarking of models as appropriate to assure analysis integrity and advise the team of issues. Verify the accuracy of sales costing.
  • Continuously seek improvements to processes and analyses used to optimize resources and improve the performance of generation assets.
  • Stay abreast of regulatory requirements. Identify opportunities to implement automated solutions for data transfers and improved data integrity. Identify operating inefficiencies and recommend solutions based on technical market analysis. Research energy market trends and energy optimization techniques/tools.


Minimum Requirements

 

 

  • Bachelor’s degree in mathematics, engineering, applied sciences, or related fields.
  • Minimum 4 years experience in operating mathematical models, data mining, and analytics.
  • Prefer previous work experience in the electricity industry, including one year in energy commodity trading operations and knowledge of power plant operations.
  • Preference is given to those with at least 1 year of experience with generation costs modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrader.

 

Preferred Qualifications

  • An understanding of federal, state, and local regulatory issues and trends in the wholesale energy environment.
  • Experience with technical writing.

 

 

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Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.

 

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.
    

 

Posting Notes:  CO - Denver || CO - Denver || United States (US) || Operations || 25224:Market Operations || Full-Time || Non-Bargaining ||
 

The anticipated starting base pay for this position is: $87,000 to $123,666 per year

 
This position may also be eligible for the following benefits and/or pay components: Pay - Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave

 

Click here to see our benefits

 

Requisition Number: 42176

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com

 

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ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

 

 

 

 

 

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