Energy Market Analyst

City of Austin•Austin, TX

14h•Hybrid

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. 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. 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 four-year college or university, plus three (3) years of experience in a related field.
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.
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 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.
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.
Designing, development and maintenance of energy market operation market system servers for data hosting and data analytics functions.
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.
Provide 24 x 7 technical support for real time and day ahead operators to provide essential job duty and other functions as needed.