Requisition ID # 157403
Department Overview
The Energy Policy and Procurement (EPP) organization procures energy-related products and leads PG&E's policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations, and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E's energy portfolio.
All employees are responsible for performing their jobs in accordance with PG&E's vision and values and for conducting sales/procurement in accordance with PG&E's Risk Management Policy.
Position Overview
The Analyst position performs portfolio analysis to support leading PG&E's commercial activities involving RA, Energy, CRR, GHG, and LCFS procurement and support various compliance reporting obligations to the CPUC, CEC, CARB, and CAISO. The position collaborates with internal and external partners to perform detailed analyses on one or more relevant compliance or procurement topics. Participate in commercial activities to ensure sales/procurement meets various regulatory requirements at reasonable costs. The position will fulfill other duties as appropriate to any portion of the overall department.
This position is hybrid, working from your remote office and your assigned work location based on business need. The preferred work location is Oakland, CA.
PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E's discretionary incentive compensation programs.
The hourly rate for this position ranges from $44.71 to $66.83
Job Responsibilities
- Ability to participate and contribute to sophisticated tasks such as development of forward electric position, development of procurement plans, or the evaluation of alternatives for mitigating PG&E's risk exposure at the wholesale energy portfolio level.
- Contribute to critical compliance reporting efforts, including compliance filings for Resource Adequacy and Greenhouse Gas Emissions
- Perform review and contribute to development of Power Purchase Agreements and Commission advice letter drafting.
- Participate in negotiation and execution the vital agreements and documents associated with a transaction or trade.
- Support strategy development and execution in commercial activities
- Drives continuous improvement processes.
- Invest in PG&E management and regulatory approval process for specific transactions.
- Researches and communicates regulatory or policy issues.
Qualifications
Minimum:
- Bachelor's Degree with coursework in a business-related field, mathematics, engineering, or equivalent field of study.
- 1 years of relevant job experience
Desired:
- Master's Degree
- Knowledge of wholesale energy markets, power/gas products (e.g., RA, Energy, GHG, CRR, LCFS), energy procurement contracts, energy trading, and regulations
- Familiarity with supply and demand side electricity markets including nuclear, hydro, fossil, solar, wind, energy storage, QF/CHP, biomass, GHG emissions and offsets, energy efficiency, demand response, and/or distributed generation.
- Strong technical capabilities including:
- Advanced skill with MS Office Suite
- Programming capability, particularly in Python or VBA
- Experience with any/all the following activities:
- Perform cost, benefit, and risk analysis at the individual and the portfolio asset levels.
- Analyzing natural gas or electricity prices.
- Developing analytics for optimizing operations in natural gas or electricity businesses.
- Researching and applying quantitative techniques in dealing with issues in natural gas or electricity businesses.
- ISO/RTO/Balancing authority market issues.
- Understanding of supply stack and loading order.
- Electric Utility operations.
- Market and credit risk management.
- Utility revenue requirement and rate-making processes; or
- Physical, financial, and real options and derivatives
- Ability to participate in bilateral negotiations with resources with potential value to PG&E's customers.
- Ability to prioritize, perform, and articulate findings in written and verbal form to internal and external audiences.
- Interpret and explain the analytical results to technical and non-technical audiences using data visualization and effective communication techniques.
- Demonstrate subject matter expertise regarding the anticipation and resolution of sophisticated issues involving senior management, cross-department interactions, and limited information.
- Self-directed, collaborator, with ability to aim to high quality results consistently and on a timely basis.
- Actively seek out ways to improve processes, systems, and/or procedures to help reduce errors and improve efficiency.
- Demonstrate knowledge of physical and financial gas and electric market fundamentals
- Strong understanding of the regulatory environment in California including CPUC, CAISO, CARB, and CEC regulations
Pacific Gas and Electric Company
77 Beale St
San Francisco
California United States
www.pge.com
