Energy Market Analyst

City of Austin•Austin, TX

1d•Onsite

About The Position

Under general direction, this position performs a variety of tasks related to the optimization, nomination, balancing, and invoicing of fuel and electrical energy sales, purchases and transportation.

Requirements

Knowledge of AE's wholesale fuel and energy requirements.
Knowledge of applicable processes, techniques, and methods.
Knowledge of federal, state, local laws, and ordinances governing fuel and energy markets.
Skill in purchasing and selling wholesale power and fuel.
Skill in communicating effectively both orally and in writing to convey information in a clear and concise manner.
Skill in using computers and related software applications.
Skill in analyzing detail and complex data to make sound decisions.
Ability to handle multiple tasks in a demanding and face pace environment.
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.
Graduation with a Bachelor's degree from an accredited four-year college or university, plus three (3) years of experience in a related field.
Graduation with a Master's degree with major course work in a field related to the job may substitute for experience up to one (1) year.
Graduation with a PhD. with major course work in a field related to the job may substitute for experience up to two (2) years.
NERC Clearance.
Requires the use of an ERCOT Digital Certificate (EDC) and therefore will require a Security Review to determine if the candidate meets all the requirements for issuance of the EDC.

Nice To Haves

Experienced in designing and developing RESTful Web Service applications or other APIs and their security feature.
Experienced in managing, scripting and troubleshooting Windows and Linux based systems.
Proficient with SQL or other database query language, database management, and clean, prepare, explore, analyze data and provide visualization and reporting.
Proficient with Java/Jsp, Python, VBA or other coding languages and experienced in development of software applications.
Experience with ERCOT Market Operations.

Responsibilities

Projects short- and long-term electric energy and fuel requirements.
Assists with forecasting daily wholesale power and fuel prices and market trends.
Optimizes power and fuel purchases among multiple supply and transportation options.
Allocates wholesale power and fuel purchases in accordance with contractual obligations.
Assists with daily, monthly, and other purchases of wholesale power and fuel; the execution of energy risk management transactions, the planning and designing of energy risk management strategies: wholesale power and fuel contracts and agreements.
Nominates and schedules daily wholesale power and natural gas purchase and transportation volumes.
Monitors daily natural gas consumption and re-nominates as needed.
Monitors and controls natural gas transportation imbalance accounts.
Performs Qualified Scheduling Entity (QSE) bidding and scheduling functions.
Monitors Electric Reliability Council of Texas (ERCOT) transmission congestion and determines impacts to Austin Energy (AE) energy schedules.
Issues generating unit dispatch and commitment orders to the power plants.
Monitors and coordinates generating unit status and performance among affected parties.
Supports ERCOT market design and development process.
Analyzes monthly wholesale power and fuel purchases, sales, and risk activity reports.