Senior Renewable Market Design Analyst
Requisition ID # 145760
Job Category: Accounting / Finance
Job Level: Individual Contributor
Business Unit: Energy Policy & Procurement
Work Type: Hybrid
Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Washington; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City
The Energy Policy and Procurement (EPP) organization procures electricity, capacity, and ancillary services to serve the needs of bundled electric customers. In addition, EPP procures natural gas, pipeline capacity, and storage capacity on behalf of residential and small commercial customers, and for both utility-owned and contracted third-party electric generation. EPP is responsible for the front office and back-office functions associated with power and gas procurement. Front-office functions entail planning, contracting, trading, scheduling, and dispatching electricity and natural gas for PG&E’s customers. Back-office functions entail administering procurement agreements and ensuring timely and accurate payments to the CAISO and third-party power and gas suppliers. EPP also actively participates in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulation and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.
Supports CAISO Market Design and Analysis in Energy Procurement to understand and shape electric
market rules, FERC Policy, and CAISO policy to address challenges related to renewable integration,
distributed resources, and storage technologies. Identify and advocate positions to help ensure
reliable, affordable and clean electricity service.
Leads CAISO stakeholder initiatives. Develops and advocates market design strategies, policies, and
rules. Ensures market design initiatives have clear benefits for customers relative to implementation
and other costs. Disseminates knowledge of the wholesale electric and other relevant markets,
including operational elements, capacity markets, ancillary service markets. Supports FERC refunds
processes as needed. Stay up to speed with renewable (e.g. solar and wind) and storage technologies
to identify market changes that need to be addressed.
Performs ad hoc market analysis and monitoring functions.
This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory.
PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.
A reasonable salary range is:
Bay Area Minimum: $98,000
Bay Area Maximum: $146,000
California Minimum: $93,000
California Maximum: $139,000
Have Strategic View of Future Market Developments and Impacts on PG&E Portfolio – Analyst works on a range of strategic and cross-functional areas related to the significant changes expected in the next few years in the California energy markets such as increased level of wind, solar, and storage resources. This strategic work requires an understanding of a wide range of commercial activities within Energy Procurement and an understanding of how our portfolio needs may evolve with changes in market conditions. Analyst will be responsible for driving issues to conclusion.
Enhance Communication / Teamwork among Various Internal and External Stakeholders – Analyst works closely with other stakeholders in Energy Procurement and beyond. In addition to having a working understanding of these different groups, it is critical for the Expert Analyst to actively foster good working relationships with these stakeholders and to clearly communicate sometimes complex issues in ways that tailor messaging based on the audience. Analyst will be responsible for working with all levels within the organization including making presentations to Officers and leading cross-functional teams.
Shape Electric Market Design – Analyst develops and advocates market design strategies, policies, and rules to minimize costs and risks to PG&E customers in CAISO, FERC, CPUC, and other wholesale market forums. Positions advocated by FERC/CAISO Policy reflect a consensus view of Energy Procurement and PG&E stakeholders and require Expert Analyst to become proficient with significant portions of the CAISO tariff and operations as well as PG&E’s energy procurement activities.
A Senior Analyst is expected to; 1) Become proficient with significant portions of CAISO tariff and practices and CPUC rules, 2) become proficient with knowledge of industry, PG&E activities, the California wholesale electricity market and market participants., 3) take the lead in monitoring certain CAISO and CPUC activities / initiatives., and 4) participate in stakeholder meetings and conference calls without direction.
- Bachelor’s Degree with coursework in a business- related field, mathematics, engineering, or equivalent field of study; or equivalent experience
- Minimum of three years of utility or relevant industry experience
- Advanced degree in a quantitative discipline desirable.
- Strong analytical skills, ability to solve abstract problems, attention to detail.
- Advanced understanding of industry and market concepts, especially related to California markets and regulators (CAISO, FERC, and CPUC).
- Excellent oral and written communication skills with the ability to clearly communicate abstract and technical concepts.
- Able to solve moderate to complex problems, sometimes with limited information/data.
- Able to work independently with limited guidance.
- Able to provide new perspectives/approaches on existing tasks/solutions.
- Excellent time management skills and ability to manage multiple projects and initiatives
- Provides new perspectives on existing tasks/solutions
- Able to manage projects and initiatives