Resource Planning Analyst II or Senior

Xcel Energy•Denver, CO

1d•$97,600 - $159,400•Hybrid

About The Position

Analyze, develop and implement resource expansion plans to meet electric system growth requirements for the Xcel operating utility companies, all within the resource bidding / integrated resource planning requirements of each state. The successful candidate will be placed at a level that is commensurate with the candidate's skills and experience. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Requirements

Bachelors degree in engineering, finance, economics, operations research, mathematics, business.
At least five years utility experience in work functions such as plant engineering or operations, forecasting, rates, load research, or similar function that provides candidate with understanding of generation planning and system modeling techniques
Bachelor's degree in engineering, mathematics, economics or quantitative analysis.
At least eight years utility experience in work functions such as plant engineering or operations, forecasting, rates, load research, or similar function that provides candidate with understanding of generation planning and system modeling techniques.
At least three years modeling experience with expansion or production simulation models.

Nice To Haves

Graduate work in engineering, business administration, finance, economics, operations research or decision analysis preferred.
Modeling experience in EnCompass, Plexos or similar platforms; or nodal analysis tools such as PROMOD or similar platforms; or electric and natural gas markets and price forecasting OR
Experience in generation project development, including origination, scoping, design, or execution
Strong proficiency in Excel and Python
Master’s Degree in engineering, finance, economics, operations research, mathematics, business administration.
Extensive system knowledge of at least one of the larger Xcel Energy utilities.

Responsibilities

Develop comprehensive plans to obtain or add new capacity and energy resources in the most cost effective manner. Such plans and processes must be developed for each company and state, within resource planning / acquisition rules that govern the expansion of the system / addition of new generation and/or purchased power resources.
Interface with regulators, intervenors, including political and special interest groups, customers, and power suppliers to obtain consensus, support, and/or regulatory approval of optimal resource plans. This includes filing of testimony, negotiations and presentations.
Plan and perform expansion plan and production cost economic modeling of alternative supply plans and resources to develop optimal portfolios, incorporating consideration of various scenarios and risks (e.g. fuel prices, electric market prices, reliability criteria, environmental requirements, technology development scenarios, etc.)
Interface and work with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations and other Xcel groups to incorporate short-term and long-range considerations into the optimal resource plans, including transmission constraints, growth forecasts, fuel and electricity market price risks, etc.
In conjunction with Risk Management, ensure that the expansion plan and production cost modeling of the utility power systems is accurate and current in terms of fuel costs, production capability (heat rates, capacity, starting and variable operating cost, etc.), contract terms (scheduling flexibility, constraints, availability, etc.).
Design and execute solicitations for new long term capacity and energy resources. Evaluate offers using financial, economic, environmental and other criteria using expansion and production cost models, decision analysis and other quantitative tools. Recommend best offers that meet need and criteria to senior executives for contract negotiation and execution.