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Resource Planning and Valuation Specialist
2 months ago
Company: PacifiCorp
Overview:
PacifiCorp is dedicated to fostering a culture that prioritizes customer service excellence, environmental stewardship, and a commitment to diversity, equity, and inclusion. We are looking for analytical professionals to join our team.
Role Summary:
This role is responsible for the operation and maintenance of optimization models that are essential for long-term resource planning, asset valuation, production cost analysis, and resource procurement.
Key Responsibilities:
As a Resource Planning and Valuation Specialist, your duties will include:
1. Maintaining and operating optimization models to support the integrated resource plan (IRP), asset valuation assessments, production cost analysis, and resource procurement activities.
2. Ensuring that model assumptions are accurate and up-to-date, including factors such as load forecasts, unit specifications, fuel pricing, environmental regulations, transmission considerations, resource retirements, and additions.
3. Documenting model inputs and outputs meticulously.
4. Troubleshooting any model-related errors that arise.
5. Reviewing forecast/model results to ensure quality control.
6. Updating models in accordance with new software releases.
Additionally, you will:
7. Compile and interpret extensive data sets.
8. Conduct ad-hoc analyses to support resource investment and procurement decisions.
9. Prepare written documentation that outlines model methodologies, assumptions, and outcomes.
10. Engage in assignments that require analytical thinking, integration, and creativity, even when objectives and methods are not clearly defined.
11. Assist in creating communication materials that convey moderately complex information to both internal and external stakeholders, including written reports and presentations.
12. Recommend enhancements to modeling and database processes.
13. Gather data and perform analyses to accurately fulfill external reporting requirements as mandated by regulatory bodies.
14. Support discovery and regulatory inquiries related to modeling activities.
Qualifications:
To be considered for this position, candidates should possess:
- A Bachelor’s Degree in Accounting, Economics, Finance, or a related discipline, or an equivalent combination of education and experience.
- A minimum of 2-3 years of experience in analytical roles.
- Familiarity with economic and production cost modeling principles and techniques.
- Knowledge of relevant company policies and applicable federal, state, and local regulations.
- Strong analytical and planning skills, with the ability to manage multiple priorities and meet deadlines.
- Proficiency in personal computing applications, including spreadsheets, databases, word processing, and presentation software.
- Excellent communication and interpersonal skills, with the ability to consult effectively with internal and external stakeholders.
- A collaborative mindset, capable of working with diverse teams and presenting alternatives and recommendations.
Preferred Qualifications:
Ideal candidates may also have:
- Experience with optimization models, production cost analytics, and forecasting energy prices within the Western U.S.
- Familiarity with PacifiCorp's transmission network and knowledge of the bulk electric transmission system in the Western U.S.
- Understanding of power system economics and experience in a regulated environment.
Additional Information:
PacifiCorp is an equal opportunity employer, committed to diversity, equity, and inclusion. All qualified applicants will receive consideration for employment without regard to any protected status. Offers of employment are contingent upon successful completion of background checks and drug screenings.
