Senior Load Forecasting Specialist

PSEG•Hicksville, NY

13h•Hybrid

About The Position

This position provides analytical support to the Power System Management organization by developing forecasts of electricity use for 1.1 million Long Island customers. The service territory has annual sales of more than 18,000 GWH and a summer peak load of 5,400 MW. The role interacts with Power Markets, Finance, Energy Efficiency, Electric Operations, the Long Island Power Authority (LIPA), the New York Independent System Operator (NYISO), and the New York State Department of Public Service (DPS). Activities range from analyzing and explaining customer electric use to leading work with other PSEG Long Island organizations on financial, resource, and reliability planning. The successful candidate is expected to become a subject matter expert and coach and lead others. The position is hybrid, with at least three onsite days per week. During storm or outage restoration, the employee may be required to perform functions outside normal operations, work extended hours, and work onsite or at an alternate location as directed. PSEG is not offering visa sponsorship for this position.

Requirements

At least 6 years of experience in quantitative analysis, including at least 5 years in the utility industry in a qualifying utility, electric power market, consulting, or government policy/regulatory role.
Thorough capabilities in econometric modeling.
Demonstrated ability to design and use complex spreadsheets.
Highly developed programming skills in SAS or similar statistical analysis software.
Proficiency in Microsoft Office tools.
Excellent interpersonal, verbal, and written communication skills.

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.
Capacity 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 variance analyses for monthly reporting to PSEGLI, LIPA, and DPS.
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’s load forecast for DPS Rate Cases.
Respond to requests from federal, regional, state, and local authorities 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 to support Distributed System Implementation Plan goals under the New York State 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 Long Island organizations with expertise in applied mathematics.
Become a subject matter expert and coach and lead others.