Manager Economics and Load Forecasting

51716 - Toronto
- Regular .

Hiring Salary Range: $- / year

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

We are seeking a Manager, Economics and Load Forecasting to join Hydro One Networks' forecasting team within Regulatory Affairs. Reporting to the Director, Pricing and Load Forecast, this role contributes to load forecasts development, economic analysis, and market intelligence across our regulatory submissions, business planning, and strategic initiatives. The role involves close collaboration with internal stakeholders across the business and external stakeholders such as the Independent Electricity System Operator (IESO).

Job Function:

Support the Director
- Pricing and Load Forecast in the development of a demand forecasts for Hydro One Networks transmission and distribution businesses by identifying and analyzing current and future trends, providing effective market forecasts, market analysis and market intelligence as strategic input to Hydro One Network's strategic and business planning, revenue management and regulatory submissions. Pro actively provide support to the Company’s Conservation and Demand Management projects.

Job Description:

Through collateral relationships with respect to the Director, Pricing and Load Forecast and within the context provided by the Director (i.e. Hydro One Networks strategies and policies, accountabilities, tasks, budgets and programs, compliance and performance targets, expectations for continuous improvement, etc.) provide the following:

1.Execute statutory requirements of IESO related to load forecasts and protect the integrity of corporate customer load database.
2.Develop and manage scenario analyses of strategic options, external environment scans, or special studies as support to development of Hydro One strategy.
3.Develop a provincial electricity market forecast, with analysis of energy service requirements by market segment and energy price forecasts by product for the province as a whole and for local areas of interest. This includes forecasts of sales and load for Hydro One Networks products, of transmission and distribution system loadings for capacity adequacy assessment, including simulation of demand side risks including self-generation and system bypass, in support of strategic and business planning and regulatory positioning.
4.Prepare risk ranges and alternative scenarios as required to further Hydro One risk management strategies.
5.Review and analyze the plan on an annual, or more frequent, basis to accommodate changes in the Hydro One strategy, or as required by the marketplace, the industry, and/or government.
6.Recommend and provide supplemental local area and/or short-term forecasts where critical needs are identified in support of such activities as system and investment planning, system reliability assessments, tariffs and pricing, regulatory submissions, risk assessments, and customer negotiations.
7.Develop and recommend systems and processes for providing economic assessments and forecasts.
8.Provide analytical and technical support in respect of Hydro One’s ongoing Conservation and Demand Management projects and take leading role in developing future CDM projects.
9.Negotiate and manage contracts with external data services providers (e.g. Global Insight), to accommodate changing budget requirements and provide savings to the company.
10.Recommend and monitor systems, processes, models and statistical techniques for forecasting and intelligence gathering so as to keep Hydro One's capability current. Continuously improve existing systems, processes and analytical models.
11.Execute and/or manage approved processes and programs resulting from the…