Resource Planning Analyst I or II
About The Position
The Resource Planning Analyst I or II position at Xcel Energy involves developing, running, and maintaining long-range resource planning models for the company's three operating companies. The role requires preparing quantitative analysis on new generation resources, assessing their impacts on system cost, environment, and capital budgets. Additionally, the analyst will provide long-range estimates of power generation costs and market purchases, calculate revenue requirement streams for large capital investments, and apply stochastic analysis techniques to quantify risks associated with generation alternatives. The successful candidate will be placed at a level commensurate with their skills and experience, with Analyst II requiring more advanced skills and experience.
Requirements
- Bachelor's degree in engineering, finance, economics, operations research, mathematics, or business.
- For Analyst I: Two years of energy industry experience or equivalent experience working with large optimization/forecasting models.
- For Analyst II: Five or more years of related work experience.
Nice To Haves
- Graduate work in finance, economics, operations research, or decision analysis.
Responsibilities
- Develop, run, and maintain long-range resource planning models.
- Ensure accuracy of model input assumptions and verify simulation/optimization functionality.
- Produce comprehensive quantitative analysis for executives and regulatory filings, including energy production, emission, and capital budget forecasts.
- Implement stochastic (Monte Carlo) simulations to analyze total system costs variance around various generation alternatives.
- Interface with various Xcel groups (Forecasting, Risk Management, Trading, Supply, Transmission Operations) to incorporate short-term and long-range considerations into optimal resource plans.
- Ensure accuracy and currency of the expansion plan and production cost modeling, including fuel costs, production capability, and contract terms.
- Research new techniques in quantitative optimization for resource planning analysis.
- Maintain working knowledge of emerging generation technology.
- Follow developments in major federal and state policies affecting the company's resource plan.
Benefits
- Annual Incentive Program
- Medical/Pharmacy Plan
- Dental
- Vision
- Life Insurance
- Dependent Care Reimbursement Account
- Health Care Reimbursement Account
- Health Savings Account (HSA) (if enrolled in eligible health plan)
- Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
- Transportation Reimbursement Account
- Short-term disability (STD)
- Long-term disability (LTD)
- Employee Assistance Program (EAP)
- Fitness Center Reimbursement (if enrolled in eligible health plan)
- Tuition reimbursement
- Transit programs
- Employee recognition program
- Pension
- 401(k) plan
- Paid time off (PTO)
- Holidays
- Volunteer Paid Time Off (VPTO)
- Parental Leave
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
