Senior Analyst – Transmission Production Cost Modeling

Role Overview

• Prepare and perform production cost modeling analyses using PROMOD and other tools to serve Xcel Energy's electric power system planning functions to meet customer demand and energy requirements and support regulatory filing and corporate budgeting requirements
• Prepare direct testimony for regulatory proceedings and provide responses to regulatory agencies information requests pertaining to wholesale energy market-based plans related to the transmission
• Investigate and develop new techniques to improve production cost and transmission modeling processes
• Develop energy market forecasts for electric transmission development to support long-range plans, regulatory filings, and reduce congestion
• Provide responses to regulatory agencies information requests pertaining to wholesale energy market-based plans and modeling of Xcel Energy's transmission system
• Perform independent analyses to respond to or support regulatory agencies review of Xcel Energy's transmission system
• Develop production cost input and transmission modeling for electric system planning purposes
• Prepare forecasts of system impacts to congestion and curtailment
• Engage with external transmission planning organization (MISO, SPP, etc.) models and policies to verify model accuracy, identify strategic transmission projects and strategic processes to reduce customer congestion costs
• Perform electric transmission modeling analyses to independently evaluate activities of Xcel Energy's operating companies, from a Risk Management perspective, pertaining to transmission assets, resource additions, regional planning processes, competitive transmission development, and environmental issues
• Prepare independent evaluations of regional transmission plans, and analysis of existing and new transmission system limitations
• Perform monthly assessment of resource congestion and curtailment
• Support responses to regulatory group and state regulatory agencies requests and questions, work on proactive congestion mitigation measures to reduce customer cost
• Maintain all input data necessary for the transmission production cost model
• Ensure transmission and generation systems are accurately modeled in terms of ratings, flow gates, fuel costs, production capability (heat rates, capacity, VOM, etc.) and contract terms in order to provide accurate analysis of transmission system impacts
• Optimize existing and write new programs to post process output, as well as develop visualizations to communicate the story from the data to internal and external partners

Requirements

• Bachelor's of Science or Bachelor's of Arts degree in systems or electrical engineering, economics, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience
• At least 8 years of experience in analyzing transmission systems including 5 years analyzing wholesale energy markets using financial tools/production simulation software
• Must have advanced quantitative analysis skills and extensive knowledge in the systems and software required for such analyses
• Extensive knowledge of the performance, operations and modeling of assets, preferably Xcel Energy's assets, is desired
• Experience with PROMOD or GridView Production Cost Modeling software or equivalent (preferred)
• Advanced skills using spreadsheet and database software (preferred)
• Demonstrated technical communication (preferred)

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