Power Modeling Analyst I or II
Basin Electric Power Cooperative
**Job Description**
**Position Title:** Power Modeling Analyst I or II
**OPEN UNTIL FILLED**
**Department/Location:** Resource Planning & Rates/Bismarck, ND
**Company:** Basin Electric Power Cooperative
**Position Purpose:**
Assists in analyzing market strategies using simulation software to identify and quantify system impacts and support energy position development. This position is responsible for the modification and maintenance of complex inputs into the simulation model for electricity Regional Transmission Organization (RTO) markets. This position must work closely with several departments within the Cooperative to coordinate and analyze model outputs, including frequent back casting to improve accuracy of delivered outputs. This position will use the model to project energy revenue and costs associated with energy and capacity obligations, including predicting generation from Basin Electric facilities, integrating long- term power contracts, whether purchases or sales, as well as predicting short term balancing needs for the same period. The incumbent will facilitate the integration of model outputs from this process into financial forecasting models for multiple long-term scenario runs, and shorter-term projections.
**Essential Duties:**
+ Modify and maintain complex inputs for electricity markets based on pertinent market research and understanding of LMP’s, transmission market data, including supply and demand, transmission congestion, capacity allocation, and pricing mechanisms within the multiple markets Basin Electric transacts in.
+ Assist in the analysis of market strategies using market simulation software of PLEXOS, AURORA, or similar platforms, to identify and quantify impacts of strategy considered.
+ Assist in the coordination of monthly generation modeling. Collaborate with internal teams and external stakeholders to gather relevant data and inputs for market analysis. Work closely with Commodity Risk Management, Financial Planning and Reporting, and Asset Management, Resource Planning, and Rates to coordinate and analyze model outputs, including back casting activities to improve accuracy of delivered outputs.
+ Initiate modeling and process of projecting revenue associated with energy and capacity obligations, including predicting generation from Basin Electric facilities, and integrating long-term power contracts, whether purchases or sales. Perform statistical analysis and data mining techniques to extract insights and patterns from large datasets.
+ Obtain a general understanding of the Cooperative’s power supply system to accurately present the modeling results for the Cooperative and to understand the broader regional power supply system to model, maintain, and update within the power supply model.
+ Acquire knowledge of resource strategy concepts and considerations, including electric generation resource types and characteristics, and respective costs, risks, operating characteristics, and fuel supply considerations.
+ Obtain knowledge and skills in the areas of fundamental electricity supply and demand drivers, energy market dynamics, and risk and valuation techniques for predicting and evaluating energy market outcomes.
+ Research and gain an understanding of RTO market updates, services, requirements, operations, projected loads, new generation, transmission additions, and any other pertinent information potentially used in accurately modeling and forecasting generation and market prices. May participate in RTO working groups, conferences, meetings, webinars, or other available resources.
**Qualifications** **:**
**Power Modeling Analyst I:**
+ Four-year degree in Mathematics, Economics, an Engineering Accreditation Commission/Accreditation Board for Engineering and Technology (EAC/ABET) accredited Engineering program, finance, or software engineering or development related degree.
**Power Modeling Analyst II:**
+ Four-year degree in Mathematics, Economics, an Engineering Accreditation Commission/Accreditation Board for Engineering and Technology (EAC/ABET) accredited Engineering program, finance, or software engineering or development related degree.
+ Three years of experience with regional generation dispatch and transmission modeling, and project implementation.
+ Proficient in data analysis and visualization tools such as Python, R, Tableau, or similar software is preferred.
**Other Requirements:**
+ Strong interpersonal skills enabling the incumbent to work effectively in a team setting.
+ Able to demonstrate effective written and verbal communication skills.
+ Proficient with personal computers and Microsoft Word, Outlook, and Excel
+ Strong interpersonal skills enabling the incumbent to work effectively in a team setting.
+ Able to demonstrate effective written and verbal communication skills.
+ Proficient with personal computers and Microsoft Word, Outlook, and Excel.
+ Resume required.
+ The above statements are intended to describe the general nature and level of work being performed in this job. This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for personnel in this position. The incumbent is responsible for performing all duties in a safe and efficient manner in compliance with safe work procedures and safety regulations.
**Typical Physical/Mental/Environmental Demands:**
This position requires the ability to remain in a stationary position and to move about the office building, occasional reaching below and above shoulder level, constant use of keyboard/computer and other office productivity machinery, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination. This position requires the ability to communicate and must be able to clearly exchange accurate information. It also requires the ability to develop plans, procedures, and goals; present information to others; and work under stress to complete projects within deadlines. The incumbent travels occasionally on behalf of the Cooperative, attending training sessions on generation dispatch and electricity market modeling and other job-related functions.
**Applicants interested in this opening should go to https:** //www.basinelectric.com to apply.
Employees must apply through Inside Basin, by clicking on a position and signing into the Infor Application.
Basin Electric is an Equal Employment Opportunity Employer regarding race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and veterans status.
**Position** Power Modeling Analyst I or II
**Category** Asset Management, Resource Planning and Rates
**Employment Type** Full-Time
**Location** US:ND:BISMARCK
**Req ID** 2071
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