Energy Market Analyst Senior - Market Systems

City of AustinAustin, TX
Hybrid

About The Position

This position performs a variety of tasks related to the optimization of electric power generation, fuel usage and energy purchases and sales. This position will serve as technical expert in designing, development and maintenance of energy market operation market system servers for data hosting and data analytics functions. The position will interact regularly with internal and external stakeholders to support front office, middle office and back office personnel and provide technical support using ERCOT market operation knowledge with software application and data support. The position is an senior level role and will require training, mentoring and supervision of junior level analysts. This position requires 24 x 7 technical support for real time and day ahead operators to provide essential job duty and other functions as needed. This position has been designated as a Critical Employee position. Critical Employees are considered necessary and vital and supports activities that impact City or department operations. This work can be done while at a designated work site or while working at an alternate work location. Critical employees who are able to work at an alternative work location are required to do so. Schedules may be modified, and employees may be reassigned to another area during extraordinary situations or emergency conditions to provide essential services.

Requirements

  • Graduation with a Bachelor’s degree from an accredited college or university, plus five (5) years of experience in a related field
  • 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.
  • NERC Clearance.
  • Security Review to determine if the candidate meets all the requirements for issuance of the ERCOT Digital Certificate (EDC).

Nice To Haves

  • 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
  • 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.
  • Familiar with SQL or other database query language and clean, prepare, explore, analyze data and provide visualization and reporting.
  • Familiar with Java/Jsp, VBA or other coding languages and experienced in development of software applications.

Responsibilities

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

Benefits

  • Generous leave
  • Work-life balance programs
  • Extensive benefits
  • City of Austin Employees' Retirement System
  • Access to public transit
  • Bike-friendly infrastructure
  • Wellness programs
  • On-site fitness centers
  • Mental health support
  • Professional development
  • Leadership opportunities
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