Location: San Francisco, CA
Supports PG&E’s Market Design and Analysis team in Energy Procurement to understand and shape electric market rules, FERC Policy, and CAISO policy to address challenges related to renewable integration, distributed resources, and storage technologies. Identify and advocate positions to help ensure reliable, affordable and clean electricity service.
Supports CAISO stakeholder initiatives. Become familiar with market design strategies, policies, and rules. Under guidance , ensures market design initiatives have clear benefits for customers relative to implementation and other costs. Disseminates knowledge of the wholesale electric and other relevant markets, including operational elements, capacity markets, ancillary service markets. Supports FERC refunds processes as needed. Keep current with renewable (e.g. solar and wind) and storage technologies to identify market changes that need to be addressed.
Assists with ad hoc market analysis and monitoring functions.
Assists with PG&E’s process associated with expected refunds stemming from the 2000-2001 California Energy Crisis.
The Energy Policy and Procurement (EPP) organization procures electricity, capacity, and ancillary services to serve the needs of bundled electric customers. In addition, EPP procures natural gas, pipeline capacity, and storage capacity on behalf of residential and small commercial customers, and for both utility-owned and contracted third-party electric generation. EPP is responsible for the front-office and back-office functions associated with power and gas procurement. Front-office functions entail planning, contracting, trading, scheduling, and dispatching electricity and natural gas for PG&E’s customers. Back-office functions entail administering procurement agreements and ensuring timely and accurate payments to the CAISO and third-party power and gas suppliers. EPP also actively participates in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulation and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.
Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric companies in the United States. Based in San Francisco, our 24,000 employees deliver safe, reliable, affordable and clean energy to nearly 16 million people throughout our Northern and Central California service area, stretching from Eureka to Bakersfield and from the Pacific Ocean to the Sierra Nevada.
- Have Strategic View of Future Market Developments and Impacts on PG&E Portfolio – Analyst works on a range of strategic and cross-functional areas related to the significant changes expected in the next few years in the California energy markets such as increased level of wind, solar, and storage resources. This strategic work requires an understanding of a wide range of commercial activities within Energy Procurement and an understanding of how our portfolio needs may evolve with changes in market conditions. Analyst will be responsible for driving issues to conclusion.
- Enhance Communication / Teamwork among Various Internal and External Stakeholders – Analyst works closely with other stakeholders in Energy Procurement and beyond. In addition to having a working understanding of these different groups, it is critical for the Associate Analyst to actively foster good working relationships with these stakeholders and to clearly communicate sometimes complex issues in ways that tailor messaging based on the audience. Analyst will be responsible for working with all levels within the organization including making presentations to Officers and leading cross-functional teams.
- Shape Electric Market Design – Analyst develops and advocates market design strategies, policies, and rules to minimize costs and risks to PG&E customers in CAISO, FERC, CPUC, and other wholesale market forums. Positions advocated by MIDAS reflect a consensus view of Energy Procurement and PG&E stakeholders and require Associate Analyst to become familiar with significant portions of the CAISO tariff and operations as well as PG&E’s energy procurement activities.
- FERC Refunds – Supports FERC refunds processes including litigation and settlements as needed.
- Bachelor’s Degree in Business, Economics, Finance, Mathematics, Engineering or related discipline
- Advanced degree in a quantitative discipline desirable.
- Strong analytical skills, ability to solve abstract problems, attention to detail.
- Advanced understanding of industry and market concepts, especially related to California markets and regulators (CAISO, FERC, and CPUC).
- Excellent oral and written communication skills with the ability to clearly communicate abstract and technical concepts.
- Able to solve moderate to complex problems, sometimes with limited information/data.
- Able to work independently with limited guidance.
- Able to provide new perspectives/approaches on existing tasks/solutions.
- Excellent time management skills and ability to manage multiple projects and initiatives.
To apply for this job please visit careers.pge.com.