What are the responsibilities and job description for the Production Cost Modeling Specialist - PLEXOS Energy Modeling Software position at Macpower Digital Assets Edge Private Limited?
Job Description
Job Description
Annual Bonus Available : YES, Eligible for 20% Annual Incentive Award Bonus in addition to posted annual salary.
Sign-On Bonus Available : YES
Job Summary :
Oversees and directs economic analyzes of Company's electric systems.
Forecasts total system fuel and purchased power costs, unit production, and natural gas and coal requirements used for fuel procurement, regulatory proceedings, and business plan development.
Performs research in support of market fundamentals analysis and resolves complex pricing, financial, economic, regulatory or legislative issues.
Operates and maintains pricing models used for forward price curve development, asset valuation, and other resource planning activities.
Makes pricing and regulatory decisions that impact company policy and revenues.
Ideal candidate should have eight plus years of experience in performing resource planning including production cost modeling for an electric utility (ideally using PLEXOS software) including evaluating results and troubleshooting concerns, making decisions regarding appropriate assumptions and strategy, communicating with others regarding this work, making presentations and testifying before a public utility commission .
Essential Duties and Responsibilities :
Conducts research and provides complex and multidisciplinary analysis to support resource planning activities.
Presents clear, concise, and accurate reports to consultants, managers, executives, and regulators.
Maintains and executes computer models that support major resource decisions and strategies including resource procurement, resource operations, resource retirements and integrated resource plans.
Prepares and communicates written summary resource modeling inputs and results.
Completes ad-hoc fundamental market analysis in support of resource investment, resource acquisition, and structured commercial transaction opportunities.
Participate in meetings and proceedings with stakeholders requiring technical input and the representation of modeling assumptions and analysis.
Provides regulatory support on behalf of the Company.
Prepares written testimony in support of regulatory filings and provides responses to data requests used to support resource planning activities.
Participates as expert witness in regulatory proceedings.
Complete industry research and identify major trends to be included in future regulatory filings.
Participates in workshops and interprets and explains results of analyses to other team members, management and external stakeholders.
Coordinates, mentors, and trains junior Resource Planning staff.
Acts in the Director's behalf in the absence of the Manager.
Ensures all compliance aspects of position are known and followed; understands and complies with all policies, codes and regulations applicable to position and company.
Performs other related duties as assigned.
Skills and Certifications :
Bachelor's degree
8-12 years of related experience in utility production cost modeling, energy supply fundamentals and regional market behaviors.
have performed production cost modeling for an electric utility.
Have evaluated / troubleshot the results of electric utility production cost modeling.
Experience of resource planning for an electric utility.
Various modeling, analytical, statistical, monitoring, or reporting software.
Other Functional Skills : Generation, transmission, gas transportation, wholesale power markets, environmental regulation, and Quantitative, Project Management, Planning, Presentation, Interpersonal organization skills.
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