Principal Renewable and Storage Originator Analyst

Requisition # 174292

Job Category:
Business Operations / Strategy

Job Level: Manager/Principal

Business Unit:
Strategy & Growth

Work Type:
Hybrid

Job Location:

Oakland

The Energy Policy and Procurement (EPP) organization is responsible for sourcing energy products and shaping PG&E's engagement in energy-related regulatory and legislative proceedings at the state, regional, and federal levels. EPP oversees long-term energy portfolio planning, risk management, and compliance functions.

The Structured Energy Transactions (SET) Department manages wholesale power purchase agreements for renewable and storage resources, overseeing procurement programs designed to meet policy objectives cost-effectively. Within SET, the Structured Transactions (ST) Team leads the structuring, origination, negotiation, and management of PG&E's wholesale electric procurement, including solar, biomass, geothermal, wind, and energy storage. The team drives the execution of solicitations, develops power purchase agreements (PPAs), and ensures these activities support state reliability and environmental goals.

As a key contributor to the ST team, this individual will negotiate commercial terms and conditions of energy contracts, and contribute in other areas of PG&E's structured energy procurement efforts. This team may be responsible for leading various commercial activities to procure renewable energy, distributed resources, or storage capacity. This role will work closely with other teams including Energy Settlements and Contract Management (back office), Short Term Electric Transactions (front office), Energy Transactions & Solicitations, Portfolio Management, Law, Risk, and Regulatory Affairs.

Success in this position will require the ability to motivate and influence the work of others and work across teams within the Energy Policy and Procurement organization, and throughout the company.

This position is hybrid, working from your remote office and your assigned work location based on business need. The work location is Oakland, CA.

PG&E is providing the full salary/pay range for this position. The actual amount paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The range to reasonably expect will be between the minimum and the midpoint of the range. The final decision will be made on a case-by-case basis related to the factors above.

This job is also eligible to participate in PG&E's discretionary incentive compensation programs.

Bay Area Minimum: $

Bay Area Midpoint: $

Bay Area Maximum: $

• Lead the origination and negotiation of PPAs for new renewable and energy storage projects, directly supporting PG&E's clean energy objectives as the second largest buyer of clean energy in California.
• Originate and execute highly structured, long-term power purchase and sales agreements, including innovative product offerings through complex solicitations.
• Develop, manage, and negotiate wholesale power sales and procurement activities across storage capacity, renewable energy, and GHG-Free products.
• Evaluate complex power procurement contracts, synthesize key deal points, and communicate strategic insights to senior management.
• Prepare strategy papers and briefing materials for Senior Leadership as required.
• Understand project development life-cycle and how CAISO rules impact procurement and project economics.
• Builds and manages relationships with new and existing entities in the renewables and storage market.
• Leads identification, development, implementation, and resolution of issues associated with complex, cross-functional strategy and policy matters.

Minimum:

• Bachelor’s Degree with coursework in a business- related field, mathematics, engineering, or equivalent field of study; or equivalent experience
• Job- related experience, 8 years
• Minimum of four years’ experience in wholesale supply, development, or strategy/policy within the energy industry
• Strong understanding of procurement requirements for the Company’s wholesale…