Energy Portfolio Analyst (Day Ahead Trading)
About The Position
OUC - The Reliable One, is presently seeking a Energy Portfolio Analyst (Day Ahead Trading) to join the Electric & Water Production division. At OUC, we don’t just work – we’re building a bright future of innovation and transformation for future generations. We are seeking a detail-oriented, analytical professional to support operational planning and wholesale energy marketing for the Florida Municipal Power Pool (FMPP). In this role, you will support day-ahead and hourly energy market activities, assist with unit commitment and load forecasting, and help execute cost-effective energy transactions that support reliable system operations. This position works collaboratively with internal teams, FMPP members, and the Energy Control Center (ECC) to develop daily operational plans, evaluate market conditions, and support portfolio optimization activities in a fast-paced, deadline-driven environment. OUC is an industry leader and the second largest municipal utility in Florida committed to innovation, sustainability, and our community, OUC’s mission is to provide exceptional value to our customers and community by delivering sustainable and reliable services and solutions. Join a team of visionary Change Agents, Strategists, and Community Ambassadors who understand the vital role of diverse experiences in powering creativity and industry transformation. At OUC, each position contributes to the success and achievement of our goals. Click here to learn more about what we do. Job Purpose: Responsible for performing the Operational Planning and Wholesale Energy Marketing functions for the Florida Municipal Power Pool (FMPP). This includes, but is not limited to, load forecasting, unit commitment, providing fuel consumption forecasts, engaging in profitable (or cost-saving) energy transactions, and coordinating with FMPP generation owners, transmission planners, and the Energy Control Center (ECC).
Requirements
- Bachelor’s Degree in Engineering, Business, or related field of study from an accredited college or university. In lieu of a degree, equivalent combination of education, experience, certification may be substitutable.
- Minimum of three (3) years of experience in Bulk Power Operations, Unit Commitment, Energy Marketing, or Power Plant Control Center Operations
- Working knowledge of all, but not limited to, the following: Bulk Power Operations; Engineering principles related to: Power Production and Bulk Power (i.e. Incremental and Average Heat Rates, MWh, mmBTU); Unit Commitment and Economic Dispatch; Market Position Analysis (Production and Avoided Costs); Load Forecasting; NERC Standards;
- Familiarity with all, but not limited to, the following: Wholesale Energy Trading Software Applications Production cost modeling software (GenTrader preferred); OATI OASIS OATI eTag OATI webTrader Power Pool Operations Network Integration Transmission Service (NITS)
- Related industry, organizational and departmental policies, practices, and procedures; legal guidelines, ordinances, and laws
- Effective written and verbal communications skills
- Strong negotiation skills and ability to discover near term market conditions to optimize our profitability in the wholesale energy market through transactions traded around our generation assets and resources
- Strong analytical skills and ability to draw reasonable conclusions and make recommendations based on available data, facts, and uncertainty
- Ability to: Apply a variety of procedures, policies, and/or precedents; Participate in cross-functional teams, analysis, and projects; Make arithmetic computations using whole numbers, fractions and decimals; compute rates, ratios, and percentages; Use Microsoft Office Suite (Word, Excel, Outlook, etc.) and standard office equipment (telephone, computer, copier, etc.).
Nice To Haves
- MBA preferred
- Experience in unit commitment and/or trading and scheduling utility commodities (preferred)
- NERC System Operator Certification with a minimum level of “Balancing and Interchange Operator” (preferred).
Responsibilities
- Perform all aspects of Unit Commitment, Next Day Energy Marketing, and Hourly Energy Marketing tasks with minimal supervision
- Support multiple and concurrent FMPP members’ requests for unit/resource availability (outages), and testing requirements to ensure most cost-effective solution is developed and implemented
- Evaluate multiple sources of weather forecasts and develop Native Load Forecast for the Florida Municipal Power Pool (FMPP) Balancing Authority (BA)
- Collect and review Transmission Service Provider offerings and limitations for connecting the multiple areas of FMPP and integrate into daily operational plans
- Analyze and develop optimized daily operational plans to serve FMPP demand
- Interact with external wholesale energy market, analyze routine transactions, and execute transactions that maximize profit and savings
- Generate and submit Transmission Service Requests (TSR) and e-Tags as required by Wholesale Market activity and Network Customer requirements
- Implement all daily Network Customer plans for FMPP BA members and deliver required reports to Network Transmission Providers as appropriate
- Compose required data to populate Energy Accounting Tools with accurate records of wholesale market and intra-Pool activities for proper financial balancing and invoicing
- Develop and deliver fuel consumption forecasts in support of daily operational plans
- Participate in team discussion and evaluation of complex energy transactions
- Advise the FMPP Generation System Operator on economic dispatch of the BA
- Participate in team discussions and objective evaluation of daily resource planning, optimization, and market interactions to be presented to various FMPP committees
- Develop, create, and deliver reports of daily operational plans and market activity
- Perform callout duties, as required, due to significant changes in system conditions – including, but not limited to, interaction with wholesale market, redeveloping daily operational plan, and delivering adjusted fuel consumption forecasts
- Coordinate multiple FMPP member Network Customer requirements for the BA
- Assist the FMPP Clearinghouse Price (CHP) Administrator in troubleshooting any balancing or financial departures within the FMPP settlement process
- Participate in ad-hoc analysis in support of FMPP (Sub)Committee and Task Force requests
- Participate in development, testing, and maintaining tools required to perform above duties effectively and efficiently
- Perform other duties as assigned
Benefits
- Competitive compensation
- Low-cost medical, dental, and vision benefits and paid life insurance premiums with no probationary period.
- OUC’s Hybrid Retirement Program includes a fully-funded cash balance account, defined contribution with employer matching along with a health reimbursement account
- Generous paid vacation, holidays, and sick time
- Paid parental leave
- Educational Assistance Program, to include tuition reimbursement, paid memberships in professional associations, paid conference and training opportunities
- Wellness incentives and free access to all on-site OUC fitness facilities
- Access to family-oriented recreational areas
- Paid Conference and Training Opportunities
- Free downtown parking
- Hybrid work schedule
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
