Transmission Production Cost Analyst

Xcel Energy•Minneapolis, MN

10d•$97,600 - $138,600•Hybrid

About The Position

Join Xcel Energy as a Transmission Production Cost Modeling Analyst, preparing and directing economic transmission planning using PROMOD and other tools. The work supports electric power system planning, native customer demand and energy requirements, regulatory filings, customer cost reduction, and corporate budgeting. The analyst supports regulatory testimony and responses to agency information requests about wholesale energy market plans related to the transmission system, and develops techniques to improve economic transmission planning. The role also supports transmission planning, including evaluation of interregional projects and congestion cost mitigation opportunities.

Requirements

Bachelor of Science or Bachelor of Arts degree in electrical engineering, economics, mathematics, physics, quantitative analysis, business, or a related discipline, or equivalent experience.
At least 5 years of experience analyzing transmission systems, including 3 years of experience in wholesale energy markets using financial tools or production simulation software.
Advanced quantitative analysis skills.
Extensive knowledge of the systems and software required for the analyses.

Nice To Haves

Experience with production cost modeling software or equivalent.
Advanced skills using spreadsheet and database software.
Extensive knowledge of asset performance, operations, and modeling, preferably involving Xcel Energy's assets.

Responsibilities

Assist in developing energy market forecasts for electric transmission development to support long-range plans and regulatory filings and reduce congestion.
Support development of direct testimony for regulatory proceedings.
Work with senior modelers to respond to regulatory agency information requests concerning wholesale energy market plans and modeling of Xcel Energy's transmission system.
Direct independent analyses to respond to or support regulatory agency reviews of Xcel Energy's transmission system.
Support development of production cost inputs for electric system transmission modeling and produce electric system production cost uploads needed for Integrated System Planning.
Prepare forecasts of off-system impacts to congestion and curtailment.
Work with senior modelers to conduct electric system transmission modeling analyses that independently evaluate operating company activities related to transmission assets, regional planning, competitive transmission development, transmission, and environmental issues from a Risk Management perspective.
Prepare independent evaluations of regional transmission plans and initiate analysis of existing and new transmission system limitations.
Perform monthly assessments of resource congestion and curtailment.
Support responses to regulatory group and state regulatory agency requests and questions.
Investigate and develop new techniques to improve economic transmission planning processes.
Maintain and verify input data for the transmission production cost modeling team, including transmission and generation system ratings, flow gates, fuel costs, production capabilities, and contract terms.
Optimize existing programs and develop new programs to post-process output.