Energy Market Analyst Senior - Market Systems

City of Austin

$95K — $115K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in a related field with 5-7 years of experience or relevant graduate degree substituting for experience.
  • Familiarity with energy market operations and deregulation trends.
  • Experience in software development, especially in RESTful services or APIs.
  • Proficiency in SQL or similar database query languages.
  • Strong analytical skills to process complex data and generate insights.

Responsibilities

  • Determine optimal short- and long-term generating capacity solutions.
  • Design and implement load forecasting systems for energy operations.
  • Develop software for power, fuel transactions, and risk hedging strategies.
  • Oversee ERCOT QSE functions, including market participation.
  • Project energy consumption and generation requirements for Austin Energy.
  • Analyze financial impacts of power transactions and services.
  • Provide analytics to assess excess generation capacity sales.

Benefits

  • Opportunity for mentorship and leadership in a technical role.
  • Exposure to critical operations in a prominent energy market.
  • Collaborative environment with internal and external stakeholders.
  • Engagement in the latest market design and development processes.
Full Job Description

About This Position

This position performs a variety of tasks related to the optimization of electric power generation, fuel usage and energy purchases and sales.


 

Job Description:Duties, Functions and Responsibilities: 

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

  • Determines optimum solutions for short-term and long-term generating capacity requirements.

  • Designs, develops and implements complex load forecasting systems (based on unique time horizons) for use in Fuel and Electric Operations Planning.

  • Designs, develops and implements software and solutions to facilitate wholesale power, fuel and hedging transactions. Develops and recommends optimum strategies to hedge transmission congestion risk.

  • Designs, develops and implements solutions to facilitate Electric Reliability Council of Texas (ERCOT) Qualified Scheduling Entity (QSE) functions including scheduling, bidding, settlement and market monitoring . Provides technical expertise and participates in the ERCOT market design and development process.

  • Determines unit commitment schedules for generating resources using generation simulation software. Determines dispatch schedules for generating resources using generation simulation software.

  • Projects short-term and long-term energy consumption, energy cost, and generation requirements to serve Austin Energy (AE) system load.

  • Performs quantitative analysis of the financial impacts of various power, fuel and hedging transaction opportunities. Procures, administers and utilizes AE's Electric System Generation Simulation/Production Costing models.

  • Evaluates economics of projects related to Conservation, Renewable Energy and other projects that support AE's Strategic Plan.

  • Provides the analytics for determining the sales of excess generation capacity and energy. Analyzes and validates generating unit heat rate curves and performance data.

  • Conducts research and provides technical expertise regarding weather impacts to customer demand and power requirements.

Responsibilities - Supervisor and/or Leadership Exercised: 

May provide leadership, work assignments, evaluation, training, and guidance to others.

Knowledge, Skills, and Abilities: 

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

  • Knowledge of AE's wholesale fuel and energy requirements.

  • Knowledge of the impacts of recent deregulation trends in the fuel and energy markets.

  • Knowledge of applicable processes, techniques, and methods.

  • Knowledge of Federal, State, and Local laws and ordinances governing fuel and energy markets.

  • Skill in communicating effectively both orally and in writing to convey information in a clear and concise manner.

  • Skill in handling multiple tasks in a fast pace environment.

  • Skill in using computers and related software applications.

  • Skill in analyzing complex data and solving problems.

  • Ability to work with frequent interruptions and changes in priorities.

  • Ability to quickly recognize and analyze irregular events.

  • Ability to cross train in related areas.

Minimum Qualifications: 
  • Graduation with a Bachelor’s degree from an accredited college or university, plus five (5) years of experience in a related field

  • Graduation with a Master's degree from an accredited college or university with major course work in a field related to the job may substitute for experience up to one (1) year

  • Graduation with a PhD. from an accredited college or university with major course work in a field related to the job may substitute for experience up to two (2) years

Preferred Qualifications:
  • Experience in energy market operations or its related area.

  • Experience designing or developing RESTful Web Service applications or other APIs and the security handling feature.

  • Familiar with SQL or other database query language and clean, prepare, explore, analyze data and provide visualization and reporting.

  • Familiar with Java/Jsp, VBA or other coding languages and experienced in development of software applications.


 

Notes to Candidate:

This position will serve as technical expert in designing, development and maintenance of energy market operation market system servers for data hosting and data analytics functions. 

The position will interact regularly with internal and external stakeholders to support front office, middle office and back office personnel and provide technical support using ERCOT market operation knowledge with software application and data support. 

The position is an senior level role and will require training, mentoring and supervision of junior level analysts.

This position requires 24 x 7 technical support for real time and day ahead operators to provide essential job duty and other functions as needed.

This position has been designated as a Critical Employee position. Critical Employees are considered necessary and vital and supports activities that impact City or department operations. This work can be done while at a designated work site or while working at an alternate work location. Critical employees who are able to work at an alternative work location are required to do so. Schedules may be modified, and employees may be reassigned to another area during extraordinary situations or emergency conditions to provide essential services.

Work Location: 4815 Mueller Blvd., Austin, TX 78723

Work Hours: Monday through Friday 8:00 a.m. to 5:00 p.m.

May work evenings, weekends or holiday to support the 24-hour Utility operations.

Salary: Based on experience and approved City of Austin pay scales/ranges


Employment Application:

  • The City of Austin employment application is an official document; incomplete applications will not be considered.

  • Please be sure to detail on the application all current and previous employment that you wish to be considered as part of your qualifications.

  • The Employment Record should be complete with job titles, employment dates, job duties, functions, and responsibilities for each position held. Starting salary will be based on overall relevant experience from your application.

  • Statements such as “see résumé” will not be accepted. You may use “N/A” for fields that are not applicable.

  • Please note that Austin Energy may close the job posting at any time after 7 days from the date of the initial advertisement. Once the job posting has closed, applications cannot be changed.


If you are selected as a top candidate:

  • Verification of your education (which may include high school graduation or GED, undergraduate and/or graduate degrees) will be required. You must provide proof of education from an accredited organization/institution. You must also provide proof of your professional licenses or certifications.

  • If you are identified as a top candidate and are in the military or a veteran, you will need to provide a copy of your DD-214 prior to confirming a start date.

This position requires a criminal background investigation.

NERC
This position will require a NERC Clearance.

ERCOT
This position requires the use of an ERCOT Digital Certificate (EDC) and therefore will require a Security Review to determine if the candidate meets all the requirements for issuance of the EDC.

Important Note to Applicants:
Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.

We also recommend that you save or print a copy of the job posting for your records. Once a posting has closed, it will no longer be viewable in the system.

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