Energy Market Analyst Senior - Market Systems

About This Position

This position performs a variety of tasks related to the optimization of electric power generation, fuel usage and energy purchases and sales.

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following.

Other related duties may be assigned.

• Determines optimum solutions for short-term and long-term generating capacity requirements.
• Designs, develops and implements complex load forecasting systems (based on unique time horizons) for use in Fuel and Electric Operations Planning.
• Designs, develops and implements software and solutions to facilitate wholesale power, fuel and hedging transactions.
• Develops and recommends optimum strategies to hedge transmission congestion risk.
• Designs, develops and implements solutions to facilitate Electric Reliability Council of Texas (ERCOT) Qualified Scheduling Entity (QSE) functions including scheduling, bidding, settlement and market monitoring .
• Provides technical expertise and participates in the ERCOT market design and development process.
• Determines unit commitment schedules for generating resources using generation simulation software.
• Determines dispatch schedules for generating resources using generation simulation software.
• Projects short-term and long-term energy consumption, energy cost, and generation requirements to serve Austin Energy (AE) system load.
• Performs quantitative analysis of the financial impacts of various power, fuel and hedging transaction opportunities.
• Procures, administers and utilizes AE's Electric System Generation Simulation/Production Costing models.
• Evaluates economics of projects related to Conservation, Renewable Energy and other projects that support AE's Strategic Plan.
• Provides the analytics for determining the sales of excess generation capacity and energy.
• Analyzes and validates generating unit heat rate curves and performance data.
• Conducts research and provides technical expertise regarding weather impacts to customer demand and power requirements.

• May provide leadership, work assignments, evaluation, training, and guidance to others.

• Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
• Knowledge of AE's wholesale fuel and energy requirements.
• Knowledge of the impacts of recent deregulation trends in the fuel and energy markets.
• Knowledge of applicable processes, techniques, and methods.
• Knowledge of Federal, State, and Local laws and ordinances governing fuel and energy markets.
• Skill in communicating effectively both orally and in writing to convey information in a clear and concise manner.
• Skill in handling multiple tasks in a fast pace environment.
• Skill in using computers and related software applications.
• Skill in analyzing complex data and solving problems.
• Ability to work with frequent interruptions and changes in priorities.
• Ability to quickly recognize and analyze irregular events.
• Ability to cross train in related areas.

• Graduation with a Bachelor’s degree from an accredited college or university, plus five (5) years of experience in a related field
• Graduation with a Master's degree from an accredited college or university with major course work in a field related to the job may substitute for experience up to one (1) year
• Graduation with a PhD. from an accredited college or university with major course work in a field related to the job may substitute for experience up to two (2) years

• Experience in energy market…