Pacific Gas & Electric Company Market Design Analyst, Senior in San Francisco, California
Market Design Analyst, Senior
Date: Apr 18, 2018
Location: San Francisco, CA, US, 94105
Company: Pacific Gas And Electric Company
Requisition ID # 12707
Job Category : Energy Services / Trading
Job Level : Individual Contributor
Business Unit: Strategy and Policy
Job Location : San Francisco
Based in San Francisco, Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States.
And we deliver some of the nation's cleanest energy to our customers in Northern and Central California. For PG&E, Together, Building a Better California is not just a slogan.
It's the very core of our mission and the scale by which we measure our success. We know that the nearly 16 million people who do business with our company count on our more than 24,000 employees for far more than the delivery of utility services.
They, along with every citizen of the state we call home, also expect PG&E to help improve their quality of life, the economic vitality of their communities, and the prospect for a better future fueled by clean, safe, reliable and affordable energy.
Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color,
national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information
or any other factor that is not related to the job.
The Energy Policy and Procurement (EPP) organization procures electricity, capacity, and ancillary services to serve the needs of bundled electric customers. In addition, EPP procures natural gas, pipeline capacity, and storage capacity on behalf of residential and small commercial customers, and for both utility-owned and contracted third-party electric generation. EPP is responsible for the front-office and back-office functions associated with power and gas procurement. Front-office functions entail planning, contracting, trading, scheduling, and dispatching electricity and natural gas for PG&E’s customers. Back-office functions entail administering procurement agreements and ensuring timely and accurate payments to the CAISO and third-party power and gas suppliers. EPP also actively participates 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.
Supports Market Design and Monitoring in Energy Procurement to shape electric market design, FERC Policy, and CAISO policy. Leads stakeholder initiatives. Develops and advocates market design strategies, policies, and rules. Ensures market design initiatives have clear benefits for customers relative to implementation and other costs. Disseminates knowledge of the wholesale electric and other relevant markets, including operational elements, capacity markets, ancillary service markets. Supports FERC refunds processes as needed.
Have Strategic View of Future Market Developments and Impacts on PG&E Portfolio – MIDAS works on a range of strategic and cross-functional areas related to the significant changes expected in the next few years in the California energy markets. This strategic work requires an understanding of a wide range of commercial activities within Energy Procurement and an understanding of how our portfolio needs may evolve with changes in market conditions. Senior Analyst will be responsible for driving issues to conclusion.
Enhance Communication / Teamwork among Various Internal and External Stakeholders – MIDAS works closely with other stakeholders in Energy Procurement and beyond. In addition to having a working understanding of these different groups, it is critical for the Senior Analyst to actively foster good working relationships with these stakeholders and to clearly communicate sometimes complex issues in ways that tailor messaging based on the audience. Senior Analyst will be responsible for working with all levels within the organization including making presentations to Officers and leading cross-functional teams.
Shape Electric Market Design – MIDAS develops and advocates market design strategies, policies, and rules to minimize costs and risks to PG&E customers in CAISO, FERC, CPUC, and other wholesale market forums. Positions advocated by MIDAS reflect a consensus view of Energy Procurement and PG&E stakeholders and require Senior Analyst to become proficient with significant portions of the CAISO tariff and operations as well as PG&E’s energy procurement activities.
FERC Refunds - Supports FERC refunds processes including litigation and settlements as needed.
Bachelor’s Degree in Business, Economics, Finance, Mathematics, Engineering or related discipline
3 years of relevant experience
Advanced degree in a quantitative discipline desirable.
Strong analytical skills, ability to solve abstract problems, attention to detail.
Advanced understanding of industry and market concepts, especially related to California markets and regulators (CAISO,FERC, and CPUC).
Excellent oral and written communication skills with the ability to clearly communicate abstract and technical concepts.
Able to solve moderate to complex problems, sometimes with limited information/data.
Able to work independently with limited guidance.
Able to provide new perspectives/approaches on existing tasks/solutions.
Excellent time management skills and ability to manage multiple projects and initiatives.
Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland