Wabash Valley Power Alliance · 5 hours ago
Analyst, Power Supply & Portfolio Optimization
6702 Intech Blvd, Indianapolis, IN 46278, USA
Full-time
Hybrid
Mid Level
3+ years expWabash Valley Power Alliance is a not-for-profit electric cooperative headquartered in Indianapolis, Indiana. The Analyst, Power Supply & Portfolio Optimization role involves planning, developing, and maintaining analytic systems to understand and optimize the power supply portfolio, while supporting strategies to address risks and opportunities.
AssociationEnergyNon ProfitRenewable Energy
Responsibilities
Analyze portfolio activity, including monitoring market interface of Wabash Valley Power resources, reviewing power invoices, and assessing cost requirements
Monitor and maintain appropriate registrations in organized markets for Wabash Valley Power resources and loads
Develop requirements and arrange sources for Financial Transmission Rights (FTRs) to reduce costs associated with transmission congestion
Prepare compliance filings related to power load and capacity regulations
Conduct special projects as assigned by the Executive VP, Power Supply
Support key commercial analytical functions to enable data-driven decision making, discover insights, enhance margin, and refine strategy across Wabash Valley Power’s portfolio
Develop knowledge of industry trends, policy changes, market dynamics, and opportunities/threats, performing analysis to support strategy and policy development
Manage data and analytics associated with the portfolio of generation, fuel, load, hedges, and related commodities to understand and maintain positions, volatilities, correlations, risk exposures, and opportunities
Identify and assess alternative commercial strategies and portfolio positions, evaluating their impact to optimize variable margin and manage risk exposures
Provide fundamental market intelligence and analysis to support commercial activities, including evaluating third-party supply/demand analyses, facilitating development of market views, and identifying emerging value opportunities
Develop and implement systems to monitor, evaluate, and report the performance of the power supply portfolio
Serve as an interface between Wabash Valley Power and various power and transmission associations such as ACES Power Marketing, Midwest ISO, and PJM
Assist other company functions with analysis and evaluation of strategic initiatives, including member rate structure, energy efficiency, budgeting and forecasting, and demand response
Perform other duties as assigned
Qualification
Required
Minimum of 3 years of experience in the energy sector required
Preferred
Bachelor's Degree in Business, Economics, or Engineering preferred
Prior power supply market experience, along with knowledge of electric utility processes, practices, issues, and policies preferred
Experience in risk management preferred
Strong cross-functional skill sets preferred, including:
Valuation and quantitative analysis
Commercial mindset
Understanding of markets, instruments, and market rules
Understanding correlation of risks and opportunities
Familiarity with market data sources, analytical tools, and systems
Benefits
Continuing education
Flex time
Health benefits
A 401(k) match and pension plan
Wellness program
Payroll credit for medical insurance
On-site fitness center
Extra vacation days for participating
Fitness device reimbursement
Flexible schedule
In-house training
Ongoing development through our internal GROW program
Generous vacation time, to the tune of up to five weeks off a year
Company
Wabash Valley Power Alliance
Wabash Valley Power Alliance (WVPA) is a not-for-profit generation and transmission cooperative created out of the need for reliable, affordable electricity in America's heartland.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Jeff Conrad
President and CEO
Recent News
Inside INdiana Business
2022-03-26
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