Energy Market Analyst - Denton, United States - City of Denton, TX

Description

Salary:
Depends on Qualifications


Location :
Denton, TX


Job Type:
Full-Time


Job Number:

Department:
Electric


Division:
Energy Management Organization

Opening Date:

04/05/2024

Closing Date:

5/5/2024 11:59 PM Central


FLSA:
Exempt

Summary

This requisition expires on May 5, 2024, but may close earlier if the position is filled prior to the expiration date.

Responsible for analysis, operational management and commercial execution within Energy Management Organization for the DME energy portfolio and its QSE in ERCOT.

The portfolio comprises the customer load requirements and the supply resources including dispatchable generation and renewable resources, wholesale markets and congestion.

Key areas of focus will be impacts of market changes and the utilization of tools to facilitate optimal outcomes.

Essential Functions and Other Important Duties


Essential Job Functions:
Actively participates with members of the energy management function in delivering reliable wholesale energy supplies to Denton Municipal Electric at competitive prices, which includes analysis of short-term through long-term load serving requirements Provides thought leadership for the implementation and integration of market tools to analyze the ERCOT wholesale energy market consisting of complex programs and algorithms

Analysis of future market impacts due to Nodal Protocols Revision Requests (NPRRs)

Understands the fundamentals of energy market modeling, energy analytics, and back-cast analysis Familiarity with ERCOT's Nodal Protocols and financial settlement concepts Provides thought leadership for designing, constructing, and implementing dashboard screens that inform the Day Ahead and Real Time desk of current market conditions Participates as a thought leader and as a contributing team member with the development and implementation of DME's wholesale energy operating strategies, inclusive of scheduling and bidding

Leads and performs complex analyses to project market trends based on current and future market conditions and operations Designs, develops, implements, and maintains complex analyses that includes analysis from database queries via finished products/web publications

Assists with presentations and backup documentation as needed for various City of Denton and Denton Municipal Electric boards, commissions, and councils Participates as a thought leader and as a contributing team member for decisions that may impact DME

Conducts research, provides technical expertise, and participates in the ERCOT market design and development process

Maintains regular and punctual on-site attendance


Additional Duties:
Performs other duties as assigned

Job Requirements


Minimum Qualifications / Acceptable Equivalency:
A Bachelor's degree in Finance, Business Administration, Economics, or Engineering with 8 years of previous work experience in the ERCOT market, 3 years of which should be in the wholesale market (Zonal or Nodal)

OR
A Master's Degree in Finance, Business Administration, Economics, or Engineering with 6 years of previous work experience in the ERCOT market, 2 years of which should be in the wholesale market (Zonal or Nodal)

OR
Any combination of related education, experience, certifications and licenses that will result in a candidate successfully performing the essential functions of the job


Competencies:
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed Knowledge of wholesale fuel, electric markets and evolving industry and regulatory developments in ERCOT Knowledge of systems used to forecast, evaluate and transact business in the wholesale fuel and energy markets Knowledge of applicable processes, techniques, and methods Knowledge of Federal, State, Local laws, and ordinances governing fuel and energy markets Skill in planning, organizing, and managing multiple complex projects concurrently Skill in oral and written communication Skill in handling multiple tasks and prioritizing work Skill in using computers and related software applications Skill in data analysis and problem solving Ability to work with frequent interruptions and changes in priorities Ability to quickly recognize and analyze irregular events Thorough understanding of technical requirements for electric system operations and planning Operation of the following equipment: Personal computer with Windows operating system, Microsoft Office (applications for word processing, spreadsheets, databases, and presentations), and Microsoft Outlook email system

Excellent organizational skills with the ability to apply them to activities tracking, documentation and project management Ability to prioritize tasks and work efficiently to cope with many deadlines Ability to demonstrate energy market knowledge and analysis capabilities through a pre-employment screening examination Ability to communicate effectively both verbally and in writing


Preferences:
Proven track record of performing highly complex analytics in energy markets


Conditions of Employment:
Must have and maintain a valid Class "C" Driver's License and valid state required minimum automobile liability insurance prior to employment (must obtain Texas Class "C" driver's license and state required minimum automobile liability insurance within 90 days of hire per state law) Must pass a drug test, driver's license check, criminal history background check, and social security number verification check

Environmental Factors and Conditions/Physical Requirements


Physical Requirements:

Overall Strength Demands:
The

bold and italicized word describes the overall strength demand of the functions performed by the incumbent during a typical workday.

Sedentary - lifting no more than 10 pounds

Light - lifting no more than 20 pounds; carry up to 10 pounds

Medium - lifting no more than 50 pounds, carry up to 25 pounds Heavy - lifting no more than 100 pounds, carry up to 50 pounds Very Heavy - lifting more than 100 pounds, carry more than 50 pounds

Physical Demand Codes:
The following describes if the incumbent is expected to exert the following physical demands during a typical workday and the overall frequency


Codes for "how often":
Y = YesN = NoE = extensive %)M = moderate (60-30%)I = infrequent (20-10%)A = almost never (

Standing:
M Sitting: M Walking: M Lifting:
ACarrying: I


Pushing/Pulling:

A

Overhead Work:

A

Fine Dexterity:
M Kneeling:
ACrouching:
ACrawling:
ABending: I Twisting: I Climbing:
ABalancing:
AVision: E Hearing: E Talking: M

Video Display:
E Other

Machines, Tools, Equipment and

Work Aids:
The essential functions of this position require the use of a telephone and computer


Environmental Factors:
This position is required to work indoors in environmentally controlled areas.

This job description is not an employment agreement, contract agreement, or contract. Management has exclusive right to alter this job description at any time without notice.
ADA/EOE/ADEA

The City of Denton maintains competitive benefit options. Details are available here.

01

Do you believe you meet the minimum qualifications as outlined in the job description?

Yes
No

02

Which best describes your highest completed level of education?

High School Diploma or GED
Associate Degree or Technical Certification
Bachelor's Degree
Master's Degree or higher
None of the above

03

How many years of paid, professional-level experience do you have in this field?

Less than 6 months
6 months to less than 1 year
1 year to less than 2 years
2 years to less than 3 years
3 years to less than 4 years
4 years to less than 5 years
5 years to less than 6 years
6 years to less than 7 years
7 years to less than 8 years
8 years to less than 9 years
9 years to less than 10 years
10 years or more

04

Check the boxes next to the systems/software in which you are proficient:

Microsoft Word
Microsoft Excel
Microsoft Outlook
Microsoft PowerPoint
Microsoft Teams

VBA

SQL
None

05

Do you possess a Class "C" Driver's License?

Yes
No

06

Do you have experience working within an ERCOT QSE, diverse energy portfolio, its operations and management, incl commodity, operational, price and volumetric risks?

Yes
No

Required Question
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