Generation Model Analyst SPS

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of Do you want a workplace that will challenge you and offer you opportunities to learn and grow A position at Xcel Energy could be just what youre looking for.

Position Summary

Prepare and perform budget to meet corporate requirements. Prepare and perform risk management analyses of trading activities. Prepare probability studies of Xcel Energys portfolio risks. Prepare transaction cost information necessary to perform mark to market and risk determinations

Essential Responsibilities

• Responsible for the maintenance of all necessary data needed to prepare cost forecasts and resource analyses. Ensure power systems are accurately modeled in terms of fuel costs production capability (heat rates capacity O&M etc.) and contract terms.

• Work on developing production budget by incorporating multiple inputs such as forced outage rates fuel costs heat rates capacity upgrades demand side management capacity purchases native demand and energy forecast future RFP deals native and non-native transactions etc.

• Prepare periodic forecasts of portfolio costs incremental and decremental costs for seasonal analyses by working closely with Analysts from other business units.

• Perform probability analyses of portfolio risks. Independently prepare reports and trading recommendations using forecasts of portfolio costs.

• Review transactions independently from XCELs Energy Markets to ensure compliance with Risk Management policies.

**This role is able to be hired at either of the levels listed below**

Associate Generation Model Analyst - ($84900 to $120566)

Minimum Requirements

• Bachelors of Science or Bachelor of Arts degree in engineering mathematics physics quantitative analysis business or a related discipline OR equivalent experience.

• At least 3 years equivalent electric utility experience.

Generation Model Analyst - ($97600 to $138600)

Minimum Requirements

• Bachelors of Science or Bachelors of Arts degree in engineering mathematics physics quantitative analysis business or a related discipline OR equivalent experience.

• At least 5 years of experience in analyzing generation and transaction costs using financial tools/production simulation software.

• Must have advanced quantitative analysis skills and extensive knowledge in the systems and software required for such analyses.

Preferred Characteristics

• Previous PLEXOS experience

• Strong Excel experience

As a leading combination electricity and natural gas energy company Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy we strive to be the preferred and trusted provider of the energy our customers need. If youre ready to be a part of something big we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.

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