Senior Strategic Analyst (Oakland, CA)
Requisition ID # 136219
Job Category: Business Operations / Strategy
Job Level: Individual Contributor
Business Unit: Energy Policy & Procurement
Job Location: Oakland
Energy Policy & Procurement (EPP) secures electricity and natural gas from wholesale markets for PG&E customers to ensure system reliability. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio. EPP also actively participates in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulation and policy.
The Senior Strategic Analyst position resides within EPP’s Portfolio and Resource Forecasting (PRF) team. PRF is responsible for forecasting volumes, costs and impacts of demand- and supply-side energy resources, and portfolio positions for commodity market products and services and compliance instruments. The team is also responsible for market intelligence and assessment of supply-side and demand-side energy resources. PRF supports long-term planning for supply-side and demand-side resources, electric transmission and distribution infrastructure, and business strategies to meet the future energy needs of PG&E’s customers reliably, at a reasonable cost, and consistent with company and regulatory/legislative environmental policies.
PG&E is seeking a highly motivated Senior Analyst with experience in electric portfolio forecasting analytics, capacity expansion and production simulation modeling, supply-side resources, utility business model, and business process management. The analyst will work closely with stakeholders to develop forecasts of electric portfolio positions; generation and costs associated with utility owned and contracted generation resources; and costs associated with other market transactions that are required to serve PG&E’s bundled electric load. The analyst will generate high-value business insights by identifying, framing and executing analyses related to the business impacts of forecasts.
As part of this work, the analyst will systematically evaluate and recommend improvements to the forecasting process, models, inputs and platforms for production and delivery of forecasts.
The candidate will be capable of developing and managing cross-functional projects, products or processes. The candidate will also have excellent written and verbal communication skills, and demonstrated experience informing and influencing senior leadership and external stakeholders.
- Forecasting: Develop forecasts of electric portfolio positions; generation and costs associated with utility owned and contracted generation resources; and costs associated with other market transactions that are required to serve PG&E’s bundled electric load. Ensure that the forecast is systematically and appropriately integrated into long-term planning strategic, policy and planning processes. Conduct research to inform/validate inputs, assumptions and scenarios. Conduct market and policy research to identify critical uncertainties and inform the key inputs, assumptions, and the range of scenarios to be forecasted.
- Market Intelligence and Assessment: Perform market assessment of supply-side and demand side energy resources for electricity.
- Analysis: Produce analytics that guide PG&E’s resource planning, infrastructure planning, strategic planning and/or public policy position development. The successful candidate will have a broad understanding of the California utility regulatory context and PG&E’s business model to help contextualize the forecasts. Communicate results to client organizations.
- Continuous Improvement: Drive continuous improvement to forecasting to increase the efficiency, persuasiveness and pervasiveness of electric portfolio forecasting. Provide support for the development and implementation of a roadmap to systematically identify improvements to the forecasting processes, analytics, inputs and capabilities. Research and document forecasting best practices, client use-cases, product specifications, analytical methods, processes, and platforms for production and delivery of forecasts.
- Policy Advocacy: Help develop analysis and testimony, work papers and exhibits to support policy position development with respect to forecasting. Review, analyze and respond to interveners' testimony, comments, etc. to ensure the best possible outcome.
- Bachelor’s Degree in Economics, Engineering, Statistics, Mathematics, Finance, Business, Physics or related disciplines or equivalent work experience
- 4 years of job related experience
- Advanced degree in a relevant discipline
- Demonstrated experience performing energy-related quantitative analysis, probabilistic dispatch modeling, production simulation modeling, technology market or program assessments or similar functions
- Demonstrated project, process or product management experience
- Three years working at electric or natural gas utilities, independent power producers, wholesale energy market participants, regulatory agencies, consulting firms, or similar organizations
- Knowledgeable about PG&E’s business model, including interdependencies and interrelationships of the electric and natural gas industries and supply/demand-side businesses
- Familiarity with California regulatory context for investor-owned utilities
- Excellent oral and written communication skills, including communicating with technical and managerial audiences
- Demonstrated experience performing advanced Excel modeling. Working knowledge of Word and PowerPoint. Prior exposure to data-base management techniques.
- Working knowledge of advanced applications programming: R, SQL, SAS, Stata, Matlab or other data analysis/statistical software