Job Information
UNS Energy Corporation Energy Market & Forecast Analyst, Senior, or Lead in Tucson, Arizona
Energy Market & Forecast Analyst, Senior, or Lead
Company Tucson Electric Power
Location Tucson, AZ
Requisition ID 5772
About Us
UNS Energy Corporation (http://www.uns.com) , headquartered in Tucson, Arizona, is a subsidiary ofFortis Inc. (https://www.fortisinc.com) , the largest investor-owned electric and gas distribution utility in Canada. Our public utility subsidiaries, Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., power our economy by providing electric and gas service to nearly 700,000 customers in Arizona.
We embrace a spirit of giving, dedicated to improving quality of life in the communities we have served for generations, and in TEP’s case, since the 1890s. We’re building a cleaner, greener grid, with more wind and solar power than ever before, while maintaining safe, reliable, and affordable service.
Your Employer of Choice
Our culture is rooted inshared core values (https://www.tep.com/careers/#values) that define how we work and who we are. Our team of innovative professionals bring their authentic selves to work each day to power our vision and make a difference. Be Part of Our Story.
We create opportunities for employees to thrive through:
Continual growth: In an industry changing faster than ever before, our commitment to professional growth and leadership development means we never stop challenging ourselves to explore new possibilities.
Active Engagement: We support a collaborative environment, with peer-to-peer learning and employee-driven groups that foster an inclusive culture.
Total compensation: UNS Energy Corporation also offers a competitive compensation and benefits package that includes a 401k plan with a generous company match, a company-sponsored pension plan, affordable individual and family health insurance plans, tuition assistance, life insurance, long-term disability insurance and much more.
Hear from some of our employees,here (https://youtu.be/hpknvJPLuoc) andhere (https://youtu.be/7BECywu-Re4) .
Job Description - Energy Market & Forecast Analyst, Senior, or Lead
Check us out. We believe you will like it here!
Be Part of Our Story. (https://docs.tep.com/rewarding-careers/)
· Do you want to be part of a company culture founded on safety, teamwork, collaboration, and positive leadership?
· Do you want the opportunity to grow yourself in your current job and beyond?
· Do you want to live in the heart of the Sonoran Desert, with beautiful landscapes all around and a city immersed in culture and diversity?
If you answered "Yes" to any of these questions, read on. We want to know of your interest. If you apply, you are not just a number, you are a possible team member! Our culture is at the heart of our success and we are looking for talented individuals for the position of Energy Market and Forecast Analyst, Senior, or Lead to bring their skills and experience to the table while enriching our already strong culture.
What you will do
Analyzing the company’s Western Energy Imbalance Market (EIM) daily dispatch decisions, including evaluating plant performance, demand forecasts , and market imbalances, and communicating findings to management.
Conduct analysis on regulatory impacts, and supply-demand and research business process changes to formulate recommendations.
Participate in working groups to assist in developing Day-Ahead Market protocols, monitor energy policy, and provide analytical feedback.
What you bring
Bachelors of Science degree in engineering, economics, business administration or comparable quantitative field.
Two years of experience in wholesale power marketing or relevant utility industry experience.
Strong data analysis, benchmarking, monitoring, and business/financial analysis skills required.
If this sounds like the opportunity for you, apply now!
Position Description
Member of the Wholesale Power Marketing team that supports the Energy Imbalance Market, Emerging Markets, and Wholesale Activities: where you will leverage analytic skills to drive operational excellence and market efficiency
This position involves analyzing the Company’s Western Energy Imbalance Market (EIM) daily dispatch decisions, including evaluating plant performance, demand forecasts, and market imbalances, and communicating findings to management. Responsibilities include analyzing sub-hourly data for CAISO’s EIM settlement resolution process.
The role also entails monitoring wholesale power market trends, assessing their impact on EIM performance, and utilizing insights to adjust strategic bidding plans. The individual will contribute to Emerging Energy Markets, track policy changes, and assess their impact on TEP. They will also participate in working groups to assist in developing Day-Ahead Market protocols, monitor energy policy, and provide analytical feedback.
Additionally, the position requires representing TEP on safety rules, contractual commitments, and utility practices while ensuring adherence to regulatory standards and conduct.
Position-Related Responsibilities
Collects, analyzes and interprets market and operational data to create reports, prepare presentations, and wholesale power market commentaries.
Performs forecast to actual variance analysis and reports results to EIM personnel.
Develop load and renewable generation forecasts for TEP, UNS Electric, and UNS Gas. Generate load & renewable generation projections on a monthly, daily and hourly basis
Maintains and updates generation values, pricing and corporate data required in the planning and forecasting process. Perform variance analysis to validate forecast and explain deviations to management.
Monitors and analyzes market performance, market participant behavior and compliance with market rules.
Performs power market modelling, interpreting results and summarizing trends and strategic implications.
Develops, implements and reviews operational processes and procedures to meet the needs for business area compliance with Western EIM standards, requirements and agreements.
Identifies process and procedure improvements to strengthen market participation and efficiency.
Develops methods, reports and automates analysis where appropriate to streamline the tracking of important indices and metrics.
Assists department in development and implementation of training procedures for changes in EIM duties to increase the knowledge and effectiveness of Wholesale Marketing personnel.
Forecasts load and develop plan to fulfill load requirements using available TEP/UNSE and market generating resources.
Study and interpret data, reports, maps, photographs, and charts to predict long- and short-range weather conditions.
Compile, process and generate monthly, daily and hourly renewable generation forecast projections.
Perform forecast/actual variance analysis reports.
Maintains an active role in EIM activities, boards, committees, and groups, including the Regional Issues Forum and other stakeholder meetings.
Stays up-to-date on WECC, NERC and FERC compliance requirements.
Supports department during internal and external audits.
Performs other job-related duties as assigned by management.
Position-Related Responsibilities specific to Analyst
Develops complex financial models and market research methodologies.
Provides Data-driven recommendations to support business objectives.
Participates in various Market working group & asses the impacts for wholesale.
Conducts Analysis on regulatory impacts and supply-demand dynamics.
Research business process changes, protocol development to formulate recommendations.
Collaborates with cross-functional teams to integrate market insights into strategic planning.
Position-Related Responsibilities specific to Analyst Senior
All responsibilities of Analyst apply plus the following:
Leads major market research projects and initiatives.
Presents findings and strategic recommendations to senior leadership.
Oversees the development of advanced analytical tools and techniques.
Develops long-term market analysis strategies and goals.
Position-Related Responsibilities specific to Analyst Lead
All responsibilities of Analyst Senior apply plus the following:
Leads the market analysis team and coordinates efforts across departments.
Plans multiple project assignments and coordinates priorities with team leads and clients. Works as business lead on large projects under the leadership of the Management Team.
Leads wholesale’s interest in Market/Policy changes as a subject matter expert.
Provides both analytical/technical leadership, training, and guidance to less experienced members and exhibit leadership qualities to the department and corporation.
Represents the company in high-level industry forums and conferences.
Drives innovation in market analyst practices and tools.
Knowledge, Skills & Abilities
(Equivalent combination of education and experience will be considered.)
Analyst – Minimum Qualifications
· Bachelor of Science degree in engineering, economics, business administration or comparable quantitative field.
· Two years of experience in wholesale power marketing or relevant utility industry experience.
· Excellent written and verbal communication, analytical and organizational skills.
· Ability to multitask effectively and to work in an environment with ambiguity.
· Must have knowledge of wind & solar renewable generation.
· Ability to comprehend and analyze meteorological data.
· Strong data analysis, benchmarking, monitoring and business/financial analysis skills required.
· Must have knowledge of utility scale generation and transmission systems.
· Must have an advanced working knowledge of Microsoft Excel Word and PowerPoint.
Preferred Qualifications
· Prior experience with the Western EIM, CASIO Market or other wholesale power markets preferred.
· Knowledge of varied analytical methods preferred.
· Demonstrated ability to solve complex problems and ability to identify solutions.
· Ability to manipulate and analyze large data sets.
· Strong communication and writing skills, including the ability to effectively communicate complex technical materials and concepts.
· Ability to provide practical and feasible solutions to problems while taking multiple conflicting considerations into
Senior – Minimum Qualifications
· Minimum qualifications for Analyst plus:
· Superior analytical, relationship management, facilitation, project management, and problem-solving skills.
· Ability to develop management style reporting and presentations (e.g., PowerPoint, Excel).
· Demonstrated ability to work with all levels of management and workforce.
· Project management skills including ability to multitask, prioritize, set and meet deadlines, work independently, and perform tasks with emphasis on accuracy and attention to detail.
· Demonstrates deep understanding of at least a few business areas and technology used in those areas.
· Successfully engages in multiple initiatives simultaneously.
Preferred Qualifications
· 5 years of utility experience in a related business area.
Lead – Minimum Qualifications
· Minimum qualifications for Analyst Senior plus:
· Demonstrated strong project management capabilities, including the ability to prioritize and meet deadlines, with emphasis on accuracy and attention to details.
· Demonstrated ability to maintain project budget and stay within budget.
· Demonstrated ability to recommend innovative solutions to support complex business requirements.
· Has the ability to lead large business process initiatives and continuous improvement efforts.
· Provides mentoring and support to other analysts on the team.
· Highly proficient at understanding the needs of clients from a business perspective.
· Can look at business areas from a strategic perspective and recommend forward-thinking solutions.
· Demonstrated leadership and innovative skills.
Preferred Qualifications
· 8-10 years of utility experience in a related business area
Pay Rate: Competitive salary based on a combination of skills and experience
All job offers are contingent on successful completion of a pre-employment drug screen and background check.
California Job Applicants -click here (https://www.tep.com/california-job-applicant-and-independent-contractor-privacy-notice/) to see our Job Applicant Privacy Notice.