Load Forecasting Specialist

PSEG•Hicksville, NY

1d•Hybrid

About The Position

The Load Forecasting Specialist provides analytical support to the Power System Management organization, developing forecasts of electricity use for 1.1 million Long Island customers. The role works with Power Markets, Finance, Energy Efficiency, Electric Operations, and external organizations including LIPA, NYISO, and the New York State Department of Public Service. Work ranges from analyzing and explaining customer electric use to leading cross-organizational support for financial, resource, and reliability planning. The specialist is expected to become a subject matter expert and coach and lead others. The position is based in Hicksville, New York, with a hybrid schedule requiring at least three onsite days per week. During storm or outage restoration efforts, employees may be assigned functions different from normal operations, work extended hours, and report onsite or to another location as directed.

Requirements

Bachelor's degree in Mathematics, Economics, Engineering, Computer Science, or a similar quantitative major.
At least 3 years of experience in quantitative analysis.
At least 3 years of utility-industry experience in an electric investor-owned or public utility, an electric power markets participant, a consultant to a public or private utility, or a similarly situated government policy or regulatory body.
Skill in regression analysis.
Demonstrated ability to design and use complex spreadsheets.
Proficiency in MS Office tools.
Excellent interpersonal, verbal, and written communication skills.
Programming proficiency in SAS or similar statistical analysis software.

Nice To Haves

Master's degree preferred.
Excellent analytical skills and ability to identify trends and relationships in data.
Conceptual thinking and creative problem-solving abilities.
Ability to manage multiple projects and meet deadlines.
Convincing oral and written communication skills and ability to manage complicated processes.

Responsibilities

Monitor electricity use, weather, economic, and demographic results and develop monthly variance analyses for PSEGLI, LIPA, and DPS reporting.
Participate in the NYISO Load Forecasting Task Force to support compliance with federal, regional, and New York State reliability requirements.
Prepare written testimony and exhibits supporting PSEGLI load forecasts for DPS rate cases.
Respond to federal, regional, state, and local authority requests for historical and forecast utility data and analyses.
Develop regression models for weather normalization and probabilistic distribution of System Peak Demand.
Create spatial load, load pocket, feeder, and extreme-weather forecast projections in support of DSIP goals under the NYS DPS Reforming the Energy Vision initiative.
Prepare operational analyses and recommend deployment of real-time peak load reduction programs.
Support regulatory proceedings and forecast requirements for Fuel & Purchase Power Cost Projections, Capital Budgets, the PSEGLI Integrated Resource Plan, LIPA Financing & Securitization, and ISO filings including FERC 715.
Develop hourly electric load simulations for economic dispatch production cost modeling.
Provide other PSEG LI organizations with expertise in applied mathematics.
Coach and lead others as a subject matter expert.
During storm or outage restoration efforts, perform functions different from normal operations, work extended hours, and work onsite or at an alternate location as directed.