Resource Planning Analyst I or II or Senior

Xcel Energy•Amarillo, TX

1d•$84,900 - $159,400•Hybrid

About The Position

Xcel Energy is seeking a Resource Planning Analyst (I, II, or Senior) to join their team. This role involves analyzing, developing, and implementing resource expansion plans to meet the electric system growth requirements for Xcel's operating utility companies, adhering to resource bidding and integrated resource planning regulations in each state. The company offers opportunities for growth, skill development, and participation in the clean energy transition, with meaningful rewards and support. Xcel Energy supports a hybrid work model, with many roles expected to be onsite three days a week, though specific expectations may vary.

Requirements

Bachelor's degree in engineering, finance, economics, operations research, mathematics, or business.
Two years of energy industry experience or equivalent experience working with large optimization/forecasting models (for Analyst I).
Five or more years of related work experience (for Analyst II).
Bachelor's degree in engineering, mathematics, economics, or quantitative analysis (for Senior Analyst).
At least eight years of utility experience in functions such as plant engineering or operations, forecasting, rates, load research, or similar, providing an understanding of generation planning and system modeling techniques (for Senior Analyst).
At least three years of modeling experience with expansion or production simulation models (for Senior Analyst).
Extensive system knowledge of at least one of the larger Xcel Energy utilities (for Senior Analyst).

Nice To Haves

Graduate work in finance, economics, operations research, or decision analysis.

Responsibilities

Develop comprehensive plans to obtain or add new capacity and energy resources in the most cost-effective manner, tailored for each company and state within governing resource planning/acquisition rules.
Interface with regulators, intervenors, political and special interest groups, customers, and power suppliers to gain consensus, support, and regulatory approval for optimal resource plans, including filing testimony, negotiations, and presentations.
Plan and perform expansion plan and production cost economic modeling of alternative supply plans and resources to develop optimal portfolios, considering various scenarios and risks (e.g., fuel prices, electric market prices, reliability criteria, environmental requirements, technology development scenarios).
Interface and collaborate with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations, and other Xcel groups to integrate short-term and long-range considerations into optimal resource plans, accounting for transmission constraints, growth forecasts, and fuel/electricity market price risks.
Ensure the accuracy and currency of expansion plan and production cost modeling of utility power systems in terms of fuel costs, production capability, and contract terms, in conjunction with Risk Management.
Design and execute solicitations for new long-term capacity and energy resources, evaluating offers using financial, economic, environmental, and other criteria with expansion and production cost models, decision analysis, and quantitative tools.
Recommend best offers that meet needs and criteria to senior executives for contract negotiation and execution.