Based in San Francisco, Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. And we deliver some of the nation's cleanest energy to our customers in Northern and Central California. For PG&E, "Together, Building a Better California" is not just a slogan. It's the very core of our mission and the scale by which we measure our success. We know that the nearly 16 million people who do business with our company count on our more than 24,000 employees for far more than the delivery of utility services. They, along with every citizen of the state we call home, also expect PG&E to help improve their quality of life, the economic vitality of their communities, and the prospect for a better future fueled by clean, safe, reliable and affordable energy.
Pacific Gas and Electric Company is an Affirmative Action and Equal Employment Opportunity employer that actively pursues and hires a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information or any other factor that is not related to the job.
The men and women of Electric Operations ensure the delivery of safe and reliable electric service to our customers. Electric Operations is responsible for every aspect of PG&E's electric distribution and transmission operations, including planning, engineering, maintenance and construction, asset management, business planning, restoration and emergency response.
The Portfolio Management group is primarily responsible for managing PG&E's wholesale power portfolio in order to meet the Company's electric load obligations in a reliable and economic manner. This responsibility involves:
(1) determining the Company's long, intermediate, and short-term capacity, energy and greenhouse gas (GHG) compliance product needs;
(2) developing strategies to meet those needs;
(3) transacting in the wholesale electric markets to execute those strategies;
(4) amending, modifying, and terminating agreements as necessary to maintain PG&E's power portfolio;
(5) complying with procurement and reporting requirements; and
(6) supporting the development of energy policy with the objective of implementing such policy at the least cost and ensuring compatibility with the supply/demand portfolio.
All employees are responsible for performing their jobs in accordance with PG&E's vision and values and for acting in accordance with PG&E's Risk Management Policy.
The Senior Portfolio Management Analyst position will support commercial activities involving congestion revenue rights (CRRs), resource adequacy, GHG compliance instruments, and electric hedging activities. Commercial activities must be managed to ensure that procurement meets various regulatory requirements at reasonable costs. The position may be required to fulfill other duties as appropriate in other areas of the overall department.
•Bachelor's Degree with coursework in business, mathematics, engineering or equivalent field of study.
•Three years of relevant work experience.
Desired Qualifications: •Advanced degree in business, mathematics, engineering or equivalent field of study.
•Familiarity with wholesale electric power contracts, electric trading, and power purchase agreements.
•Familiarity with California Independent System Operator (CAISO) and western energy markets.
•Familiarity with electric power procurement rules of the California Public Utility Commission.
•Strong analytical skills, ability to solve moderate to complex problems, sometimes with limited information/data.
•Familiarity with Lean Six Sigma methods.
•Strong oral and written communication skills with the ability to clearly communicate abstract and technical concepts.
•Able to work independently with limited guidance.
•Excellent time management skills and ability to manage multiple projects and initiatives.
•Advanced Excel skills, including VBA
•Proficient in MATLAB
•Lead or support the implementation of PG&E's CRR procurement plan in the CAISO's monthly and annual procurement processes.
•Lead or support commercial activities related to compliance with Cap-and-Trade Regulations.
•Lead or support the procurement of energy and/or capacity from resources through processes such as request for offers (RFOs) or other competitive solicitations.
•Develop optimization and other models used in RFOs and other procurement activities.
•Perform analyses on large data sets to support compliance reporting and determine performance of portfolio.
•Develop, execute, and troubleshoot business processes necessary for accomplishing wholesale power procurement activities and meeting external and internal filing and reporting requirements.
•Lead efforts to continually improve procurement processes and tools.
•Provide technical and commercial guidance on relevant procurement topics to internal and external stakeholders.
•The successful candidate should be able to:
o Promote a work environment that fosters collaboration, information and experience sharing, and strong intra- and inter-group communication.
o Promote and support an environment of continuous process improvement.
o Ensure that procurement strategies are aligned with company goals.
o Develop a deep understanding and expertise of CAISO market rules and CPUC procurement rules.
o Identify unresolved questions on complex technical or operational issues, and independently research answers.
o Act as a recognized resource and subject matter expert on issues related to PG&E's wholesale power, GHG, and/or CRR portfolio.
o Clearly articulate highly technical information effectively and persuasively to diverse internal and external stakeholders.
o Manage successful internal and external meetings.