Energy Market Analyst I, II, III, Sr

Basin Electric Power is hiring an Energy Market Analyst (I, II, III, Sr) in Beulah, ND. The role involves modeling, analyzing, and reporting on technical, environmental, and economic conditions related to energy markets. Candidates need a degree in a quantitative field and varying years of experience depending on the level. Responsibilities include data analysis, report compilation, and forecasting within energy markets.
Job Description

Position Title: Energy Market Analyst I, II, III, or Sr

OPEN UNTIL FILLED

Department/Location: Energy Market & DCC/Bismarck, ND

Company: Basin Electric Power Cooperative

Position Purpose:

This is an entry level position that assists in the modeling, analyzing, quantifying, and reporting the technical, environmental, and economic conditions of Basin Electric Power Cooperative’s (BEPC) various commodities, short and midterm positions, electric load and renewable generation forecasts, and general commodity market intelligence. The incumbent will develop a broad understanding of the Cooperative’s energy position within separate and distinct electric regions and markets and will apply the principles accordingly. The incumbent assists in providing support analysis and interacts with groups on various projects that require market transaction data, support for variable cost analysis, and support for short and mid-term sold/purchased power expenses.

Essential Functions:
• Assist in analyzing and comparing Basin's diverse fleet of generating resources forecast performance with actual results and explain variances.
• Assist in compiling reports to evaluate portfolio performance by developing and applying an understanding of the technical and economic data attributable to participation in a Regional Transmission Organization (RTO) and bilateral trading environment.
• Assist in the scheduling of daily and monthly load-related Midcontinent Independent System Operator (MISO) financial schedules and load related Southwest Power Pool (SPP) bilateral schedules.
• Learn the navigation and appropriate use of several different Energy Trade and Risk Management (ETRM) software systems, including, but not limited to, Allegro, PCI, and OATI.
• Assist in planning, scheduling, and developing short-term and mid-term load and wind forecasts using the Itron MetrixIDR's advanced neural network and regression model specifications based on linear and non-linear interactions between load, weather, and calendar information.
• Work with team to develop an understanding of the Cooperative’s member electric sales and various WAPA allocations.

Qualifications :

Energy Market Analyst I:
• Bachelor’s degree in mathematics, economics, statistics, or a quantitative related field.

Energy Market Analyst II:
• Bachelor’s degree in mathematics, economics, statistics, or a related quantitative field.
• 3 years of related work experience.

Energy Market Analyst III:
• Bachelor’s degree in mathematics, economics, statistics, or a related quantitative field.
• 5 years of related work experience.

Energy Market Analyst Sr:
• Bachelor’s degree in mathematics, economics, statistics, or a related quantitative field.
• 7 years of related work experience.

Other Requirements:
• Have knowledge of statistical analysis.
• A valid driver’s license.
• Understanding the Cooperative’s energy position.
• Able to demonstrate excellent written and verbal communication skills.
• Proficient with Microsoft Word, Outlook, Excel, and personal computers.
• Able to perform in a team environment.
• Able to communicate and clearly exchange accurate information
• Able to develop plans, procedures, and goals, and present information to others

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.

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 Energy Market Analyst I, II, III, Sr

Category Energy Markets

Employment Type Full-Time

Location US:ND:BEULAH

Req ID 2190