This position provides analytical support to the Power System Management organization, which includes developing forecasts of electricity use for 1.1 million Long Island customers with annual sales of over 18,000 GWH and a summer peak load of 5,400 MW.
Candidates will interact with all members of Power Markets as well as colleagues in Finance, Energy Efficiency, Electric Operations and with Long Island Power Authority (LIPA), New York Independent System Operator
(NYISO) and New York State Dept. of Public Service (DPS). The range of activities for this position may run from analyzing and explaining customer electric use to acting as lead with other PSEG Long Island organizations for financial, resource and reliability planning. The candidate is expected to become the subject matter expert (SME) and to be able to coach and lead others.
More specifically, responsibilities will include, but are not limited to, the following:
Job Responsibilities
- Monitor electricity use, weather, economic and demographic results and develop variance analyses for reporting to PSEGLI, LIPA and DPS each month.
- Participate on the NYISO's Load Forecasting Task Force (LFTF) to ensure compliance with federal, regional and New York State regulatory requirements for reliability
- Prepare written testimony and exhibits supporting PSEGLl's load forecast for DPS Rate Cases
- Respond to requests from federal, regional, state and local authorities for historical and forecasted utility data and analyses
- Develop regression models for the weather normalization and probabilistic distribution of System Peak Demand
- Create spatial load, load pocket, feeder and extreme weather forecast projections to support of Distributed System Implementation Plan (DSIP) goals under the NYS DPS Reforming the Energy Vision (REV) initiative
- Prepare operational analyses and provide recommendations for deployment of real time peak load reduction programs
- Support regulatory proceedings and forecast requirements for Fuel & Purchase Power Cost Projections, Capital Budgets, PSEGLI Integrated Resource Plan, LIPA Financing & Securitization and various ISO filings including FERC 715
- Develop hourly electric load simulations for economic dispatch production cost modeling
- Support other PSEG LI organizations by providing expertise in applied mathematics
Job Specific Qualifications
Required
- Minimum of 6 years' experience in quantitative analysis, with at least five years' experience with the utility industry, working for an electric investor-owned or public utility company, a company participating in the electric power markets, as a consultant to a public or private utility, or a similarly situated government policy or regulatory body.
- Must have thorough capabilities in econometric modeling.
- Demonstrated ability to design and use complex spreadsheets.
- Highly developed programming skills in SAS or similar statistical analysis software.
- Proficient in MS Office Tools.
- Must have excellent interpersonal, verbal and written communication skills.
Desired
- Master's Degree preferred.
- Excellent analytical skills and the ability to identify trends and relationships in data.
- Conceptual thinking and creative problem solving abilities.
- Capacity to manage multiple projects and meet deadlines.
- Convincing oral and written communication skills and the ability to manage complicated processes.
Minimum Years of Experience
6 years of experience
Education
Bachelors
Certifications
None Noted
Public Service Enterprise Group (PSEG)
New York United States
www.pseg.com
