Resource Planning Analyst I​/II​/Senior

• Develop, run, and maintain long-range resource planning models for Xcel Energy's three operating companies
• Prepare quantitative analysis of new generation resources, including system cost, environmental, and capital budget impacts
• 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 risk associated with generation alternatives
• Ensure model input assumptions are accurate and simulations and optimizations function correctly
• Produce quantitative analysis for executives and regulatory filings, including energy production, emissions, and capital budget forecasts
• Implement Monte Carlo simulations to identify total system cost variance around generation alternatives
• Collaborate with Forecasting, Risk Management, Trading, Gas Supply, Coal Supply, Transmission Operations, and other Xcel groups
• Incorporate transmission constraints, growth forecasts, fuel risks, and electricity market price risks into optimal resource plans
• Maintain accurate and current fuel costs, production capability, and contract terms in expansion plan and production cost modeling
• Research quantitative optimization techniques for resource planning analysis
• Maintain working knowledge of emerging generation technology
• Follow federal and state policies affecting the company's resource plan

• Analyst I:
  Bachelor's degree in engineering, finance, economics, operations research, mathematics, or business; two years professional related experience is equivalent to one year of college
• Analyst I:
  Two years of energy industry experience or equivalent experience working with large optimization / forecasting models
• Analyst II:
  Bachelor's degree in engineering, finance, economics, operations research, mathematics, or business
• Analyst II:
  Five or more years related work experience
• Senior Analyst:
  Bachelor's degree in engineering, mathematics, economics, or quantitative analysis
• Senior Analyst:
  At least eight years utility experience in plant engineering or operations, forecasting, rates, load research, or similar functions providing understanding of generation planning and system modeling techniques
• Senior Analyst:
  At least three years modeling experience with expansion or production simulation models
• Senior Analyst:
  Extensive system knowledge of at least one of the larger Xcel Energy utilities
• Experience running capacity expansion modeling in EnCompass, PLEXOS, Aurora, EGEAS, or equivalent preferred
• Graduate work in finance, economics, operations research, or decision analysis preferred

Demonstrates expertise in quantitative analysis, resource planning, and modeling techniques within the energy sector, with a strong focus on optimizing generation costs and risk assessment. Proficient in utilizing advanced simulation tools and collaborating across multiple departments to ensure accurate forecasting and compliance with regulatory standards.

• Quantitative Analysis
• Resource Planning
• Monte Carlo Simulations
• Capacity Expansion Modeling
• Energy Industry Experience

• Stochastic Analysis
• Optimization Techniques
• Modeling Experience
• Forecasting
• Cost Analysis

• Collaboration
• Communication

• Energy Sector
• Generation Planning
• Utility Experience
• Regulatory Compliance
• Capital Budgeting

• En Compass
• PLEXOS
• Aurora
• EGEAS