Senior Day Ahead Analyst

Requisition ID # 164290 

Job Category: Energy Services / Trading 

Job Level: Individual Contributor

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland

Department Overview

PG&E’s Energy Policy and Procurement (EPP) organization procures energy-related products and manages 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 regulation and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.

Within EPP, Short Term Electric Supply (STES) manages the front office functions of managing our electricity portfolio, creating the bidding strategies of roughly 300 different generating resources, including wind, solar, battery storage, hydro, nuclear power plants, natural gas power plants, geothermal, and biomass. STES helps solve challenges that directly support California’s clean energy transition, like how to optimize battery storage and how to optimize hydroelectric resources with limited water. STES works very closely with the California Independent System Operator (CAISO), and adheres to regulatory compliance requirements, e.g., California Public Utility Commission’s (CPUC) Least Cost Dispatch mandate.

STES Planning & Strategy plays a vital role with development, management, and dynamic analysis of energy data that are essential in assuring timely and accurate Least Cost Dispatch and related compliance filings (testimony, data requests, ad hoc questions, and requests).  The team works closely with other departments to operationalize CAISO market design changes, and also develops/refines PG&E’s bidding and scheduling strategies. STES Planning & Strategy also provides technical input on commercial and policy strategy.

Position Summary

This position reports directly to the Manager of STES Planning and Strategy and will support efforts related to bidding optimization, price/load forecasting, and market design change implementation.  This position will work closely with senior analysts to utilize engineering and operations research principles to support development/review of energy market modeling that supports optimal utilization of PG&E’s generation portfolio in the CAISO markets.  The role will also support impact analysis and market simulation testing related to CAISO market initiatives. 

The positions will be 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. 

A reasonable salary range is:

Bay Area Minimum: $105,000.00

Bay Area Maximum: $169,000.00

Job Responsibilities

• Apply knowledge of CAISO Wholesale market rules to develop, maintain and improve short-term position reporting tools, pricing models and quantitative methodologies.
• Develop short-term electric procurement strategies.
• Schedule and bid resources into the CAISO markets.
• Develop and validate strategies used by Day Ahead Operations electric procurement processes to assure effectiveness of PG&E’s planned least cost optimization approach.
• Assure all recommended strategies conform to the approved procurement plan, risk management policy, delegation of authority, and CPUC decisions.
• Maintain process documentation to support regulatory filings, data requests, or internal or external audits.
• Participate in the regulatory environment to advocate PG&E’s electric procurement processes; prepare and provide testimony.

Qualifications

Minimum:

• Bachelor’s Degree in a quantitative discipline such as Engineering, Math, Economics or related discipline, or equivalent experience.

• Requires a minimum of three years of relevant experience

Desired:

• Graduate Degree or equivalent experience
• PE-Professional Engineer license

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