Requisition ID # 15189
Job Category : Energy Services / Trading
Job Level : Individual Contributor
Business Unit: Strategy and Policy
Job Location : San Francisco
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 informationor any other factor that is not related to the job.
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-, short-term Resource Adequacy (RA) capacity, energy, Congestion Revenue Rights (CRR) 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 sales/procurement, including Low Carbon Fuel Standard (LCFS) credit sales 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 conducting sales/procurement in accordance with PG&E's Risk Management Policy.
The Analyst position in Portfolio Management is anticipated to support portfolio analysis associated with managing PG&E’s commercial activities involving RA, energy, and LCFS credit sales, and supporting the monthly RA compliance and reporting obligations to the CPUC and CAISO. This position is expected to collaborate with internal and external stakeholders to perform detailed analyses on one or more relevant sales/procurement topics. The position may be required to fulfill other duties as appropriate to any portion of the overall department.
- Develop, execute, and troubleshoot a variety of tasks related to wholesale power sales/procurement activities, including understanding of portfolio open positions, RA compliance requirements, and sales/procurement planning.
- Interface with other teams in Portfolio Management and Energy Policy and Procurement (EPP) to manage capacity and energy position.
- Support development of tools or automation of internal processes to effectively manage procurement strategies or compliance requirements.
- Support team members on researching emerging regulatory and policy issues and preparing communication materials to diverse audiences.
- Proactively develop and document existing and new sales/procurement planning and compliance business processes.
- Participate in other elements of the ongoing work of the wider Portfolio Management team.
- Bachelor’s Degree with coursework in a business-related field, mathematics, engineering; or equivalent field of study
- Requires a minimum of one year of relevant job experience
- Advanced degree
- Knowledge of the various components of wholesale energy portfolio, electric trading, or power purchase agreements
- Ability to integrate industry knowledge into business practices and decision making
- Experience in bilateral negotiations with any resource that potentially offers value to PG&E’s customers
- Knowledge of RA and energy products and regulations
- Knowledge of utility departments, business units and functions and how their roles interrelate with Portfolio Management
- Actively seek out ways to improve processes, systems, and/or procedures to help reduce errors and improve efficiency
- Ability to prioritize, plan, perform and clearly articulate points and findings in both written and verbal form to leadership teams
- Ability to solve complex problems with little guidance and sometimes incomplete information
- Ability to work with an independent mindset to drive resolutions, not requiring hands-on supervision for all tasks
- Attention to details and understanding of key drivers affecting business results, sometimes with limited information/data
- Self-directed, team player, focused on delivering high quality results consistently and on a timely basis
- Excellent time management skills and ability to manage multiple projects