What are the responsibilities and job description for the Energy Business Development (Analyst - Analyst Sr.) - New Generation Development & Analysis position at AEP Service Corporation?
Job Posting End Date
02-15-2025Please note the job posting will close on the day before the posting end date
Job Summary
Position is responsible for conducting analysis and collaborating with business unit experts to develop new regulated business models. Perform financial modeling to analyze various scenarios of renewable and new technology build plans across the AEP footprint. Support company planning processes around the identification, analysis, and pre-screening of system and customer needs with a focus on modular generation and resiliency focused resources. Continually look for connections between existing plans, customer needs, technology attributes and regulatory paradigms to add incremental value and increase the likelihood of project success.Job Description
Work Designation -- hybrid from Columbus, OH. On June 1, 2025, this opportunity may transition to fully-onsite.
Based on education, experience and interview, this opportunity will be filled commensurately at either title. For this posting, minimum requirements are written at lower grade. Increased expectations are at the higher grade.
Energy Business Development Analyst Sr. (grade 8)
Energy Business Development Analyst (grade 7) = bachelor's degree four (4) years of experience
ESSENTIAL JOB FUNCTIONS:
- Perform financial modeling of investments and assess how they fit within the context of current and future operating company plans and customer needs.
- Interface with various operating company and service corp. experts, suppliers, and customers, to refine analyses.
- Stay abreast of current technologies and market participants in the power generation sector.
- Develop and maintain a thorough knowledge and database of technology pricing, trends, and risks.
- In addition, maintain active summary of developers in the new generation market along with status of applications for new projects in the RTO (PJM & SPP) interconnection queues.
- Assist and coordinate as necessary due diligence activities associated with the addition of generation resources, including coordination with internal and external subject matter experts, tracking and documenting due diligence materials, and providing summary reports as requested to management.
- Gather information and model customer preferences to assist in the development of new products and services.
- Develop presentations, reports, and other internal and external communication tools to convey the detailed aspects of our plans to audiences across a wide range of backgrounds.
- Support the regulatory approval process as needed
MINIMUM REQUIREMENTS:
Education requirements: Bachelor's Degree in Business, Finance, Accounting, Economics, Engineering or related field of study.
Work Experience: A minimum of four (4) years of energy sector experience in an engineering, business development, financial and/or business strategy role.
OTHER REQUIREMENTS:
- Fundamental knowledge of performance characteristics and economics of various renewable generation options.
- Regulated cost recovery experience a plus.
- Strong analytical, oral and written communication and presentation skills are required.
- Demonstrated ability to successfully interact with a diverse set of internal and external personnel is required, including executive-level interaction.
- Experience working with cross-functional teams, customers, vendors or partners is preferred.
- Experience in financial modeling, economic forecasting, or similar analytical experience is a plus.
- Additional analytical tools capabilities in Excel, MS Project, ArcGIS, or other analytical tools preferred.
INITIAL POSITION / BASE SALARY FUNDING: approximately ($86,000 - $124,000/year) spanning this title/grade range.
In addition to base salary, AEP offers competitive Total Rewards including: discretionary annual incentive, 401(k), pension, health insurance, life/AD&D insurance, educational assistance, etc.
#AEPCareers
Compensation Data
Compensation Grade:
SP20-007Compensation Range:
$85,081.00-106,352.50 USDHear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one.
It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex, age, national origin, ethnicity, ancestry, veteran or military status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.Salary : $86,000 - $124,000