Resource Planning Analyst I or II

Position Summary

Develop, run, and maintain long range resource planning models for Xcel Energy's three operating companies. Prepare quantitative analysis new generation resources, identifying system cost, environmental, and capital budget impacts for various generation alternatives. Provide long range estimates of power generation costs and market purchases. Calculate revenue requirement streams for large capital investments. Apply stochastic analysis techniques to quantify the risk associated with particular generation alternatives.

• Develop/run/maintain long range resource planning model. Ensure accuracy of model input assumptions and verify that simulations and optimizations are functioning correctly.
• Produce comprehensive quantitative analysis for executives and regulatory filings. Analysis includes energy production, emission, and capital budget forecasts.
• Implement stochastic (Monte Carlo) simulations around areas of significant uncertainty to identify total system costs variance around various generation alternatives.
• Interface and work with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations and other Xcel groups to incorporate short-term and long-range considerations into the optimal resource plans, including transmission constraints, growth forecasts, fuel and electricity market price risks, etc.
• Ensure that the expansion plan and production cost modeling of the utility power systems is accurate and current in terms of fuel costs, production capability (heat rates, capacity, starting and variable operating cost, etc.), contract terms (scheduling flexibility, constraints, availability, etc.).
• Research new techniques in quantitative optimization for application to resource planning analysis.
• Maintain working knowledge of emerging generation technology with the potential for future inclusion in the company's generation portfolio.
• Follow developments in major federal and state policies that affect the company's resource plan (i.e. emission regulations and renewable energy standards.

• Bachelor's degree in engineering, finance, economics, operations research, mathematics, business (two years professional experience related experience equivalent to one year of college).
• Two years of energy industry experience or equivalent experience working with large optimization / forecasting models.

• Bachelor's degree in engineering, finance, economics, operations research, mathematics, business.
• Five or more years related work experience.

• Graduate work in finance, economics, operations research or decision analysis.

This position is eligible for the following 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

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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