35 applicants

This job has closed.

Company

Original Job Post

Pacific Gas and Electric Company · 1 week ago

Portfolio Management Analyst

Oakland, CA

Full-time

Hybrid

Entry, Mid Level

$44.71/hr - $66.83/hr

1+ years exp

Wonder how qualified you are to the job?

EnergyEnergy Efficiency

Insider Connection @Pacific Gas and Electric Company

Discover valuable connections within the company who might provide insights and potential referrals, giving your job application an inside edge.

Responsibilities

Ability to participate and contribute to sophisticated tasks such as development of forward electric position, development of procurement plans, or the evaluation of alternatives for mitigating PG&E’s risk exposure at the wholesale energy portfolio level.

Contribute to critical compliance reporting efforts, including compliance filings for Resource Adequacy and Greenhouse Gas Emissions

Perform review and contribute to development of Power Purchase Agreements and Commission advice letter drafting.

Participate in negotiation and execution the vital agreements and documents associated with a transaction or trade.

Support strategy development and execution in commercial activities

Drives continuous improvement processes.

Invest in PG&E management and regulatory approval process for specific transactions.

Researches and communicates regulatory or policy issues.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Relevant job experienceWholesale Energy MarketsEnergy Procurement ContractsEnergy TradingDemand Side Electricity MarketsEnergy StorageGHG EmissionsDemand ResponseDistributed GenerationMS Office SuitePythonVBACost AnalysisRisk AnalysisNatural Gas PricesElectricity PricesQuantitative TechniquesISO/RTO/Balancing Authority MarketsElectric Utility OperationsMarket Risk ManagementCredit Risk ManagementUtility Revenue RequirementRate-Making ProcessesOptionsDerivativesBilateral NegotiationsData VisualizationProcess ImprovementSystems ImprovementPhysical Gas Market Fundamentals

Required

Bachelor’s Degree with coursework in a business-related field, mathematics, engineering, or equivalent field of study.

1 years of relevant job experience

Preferred

Master’s Degree

Knowledge of wholesale energy markets, power/gas products (e.g., RA, Energy, GHG, CRR, LCFS), energy procurement contracts, energy trading, and regulations

Familiarity with supply and demand side electricity markets including nuclear, hydro, fossil, solar, wind, energy storage, QF/CHP, biomass, GHG emissions and offsets, energy efficiency, demand response, and/or distributed generation.

Strong technical capabilities including:

Advanced skill with MS Office Suite

Programming capability, particularly in Python or VBA

Experience with any/all the following activities:

Perform cost, benefit, and risk analysis at the individual and the portfolio asset levels.

Analyzing natural gas or electricity prices.

Developing analytics for optimizing operations in natural gas or electricity businesses.

Researching and applying quantitative techniques in dealing with issues in natural gas or electricity businesses.

ISO/RTO/Balancing authority market issues.

Understanding of supply stack and loading order.

Electric Utility operations.

Market and credit risk management.

Utility revenue requirement and rate-making processes; or

Physical, financial, and real options and derivatives

Ability to participate in bilateral negotiations with resources with potential value to PG&E’s customers.

Ability to prioritize, perform, and articulate findings in written and verbal form to internal and external audiences.

Interpret and explain the analytical results to technical and non-technical audiences using data visualization and effective communication techniques.

Demonstrate subject matter expertise regarding the anticipation and resolution of sophisticated issues involving senior management, cross-department interactions, and limited information.

Self-directed, collaborator, with ability to aim to high quality results consistently and on a timely basis.

Actively seek out ways to improve processes, systems, and/or procedures to help reduce errors and improve efficiency.

Demonstrate knowledge of physical and financial gas and electric market fundamentals

Strong understanding of the regulatory environment in California including CPUC, CAISO, CARB, and CEC regulations

Benefits

Discretionary incentive compensation programs

Company

Pacific Gas and Electric Company

Pacific Gas and Electric Company, incorporated in California in 1905, is one of the largest combination natural gas and electric utilities in the United States.

Founded in 1905

San Francisco, California, USA

10,001+ employees