Peninsula Clean Energy
Peninsula Clean Energy

Renewable Energy Analyst

Job Title:                    Renewable Energy Analyst
Salary:                        Commensurate with experience
Job Type:                   Full-Time
Location:                    Requires California residency. Peninsula Clean Energy is a remote-first work environment. Employees will be expected to attend in-person meetings on a monthly to quarterly basis at the Peninsula Clean Energy office in Redwood City, CA.

PENINSULA CLEAN ENERGY

Peninsula Clean Energy is a joint powers authority formed by the County of San Mateo and each of its 20 cities to offer greener electricity to its residents and businesses to meet local climate action goals. In December 2020, the City of Los Banos joined Peninsula Clean Energy and started receiving service from Peninsula Clean Energy in April 2022. Peninsula Clean Energy is governed by a Board of Directors, which is comprised of a representative from the governing body of each member community.

Peninsula Clean Energy operates as a Community Choice Energy program to provide clean energy for its member communities by purchasing electricity from clean generation sources (such as solar, wind and hydropower). Electricity is still delivered over the existing transmission and distribution system, which will continue to be owned and operated by the current electric utility, PG&E. Implementing Peninsula Clean Energy’s program helps achieve local community climate actions goals. Peninsula Clean Energy serves approximately 300,000 customers.

Peninsula Clean Energy has developed a strategic plan, which includes providing 100% renewable energy on a 24/7 basis by 2025 and a white paper describing why this goal is important.  The person in this position will be part of the team that makes this a reality.

 THE POSITION

The Renewable Energy Analyst is an important member of the Power Resources team. The Power Resources team has a wide range of responsibilities related to the development and management of Peninsula Clean Energy’s energy supply portfolio to serve customers, meet regulatory requirements, and achieve the agency’s goal to be 100% renewable. This includes procuring renewable and carbon free energy and resource adequacy products, complying with Peninsula Clean Energy’s hedging and portfolio diversification strategies, achieving regulatory and legislative objectives, and maximizing benefits for our customers.

The Renewable Energy Analyst works under the direction of the Director of Power Resources and supports other managers and leadership at Peninsula Clean Energy.  In this capacity, the Renewable Energy Analyst has a wide range of responsibilities for advancing Peninsula Clean Energy’s power procurement and strategic studies.  Results of the Renewable Energy Analyst’s studies are presented to senior management, the Peninsula Clean Energy Board of Directors, key customers, stakeholders and community members.  This person will play a major role in developing a power portfolio to meet Peninsula Clean Energy’s goal to be 100% renewable by 2025.

We are seeking a candidate with solid energy analytics and modeling expertise to lead the development and maintenance of key operational energy models. The ideal candidate will bring a mix of energy modeling experience, technical acumen, and a desire to innovate and transform the energy industry.

More information is available below and at www.peninsulacleanenergy.com.

Duties and Responsibilities
The Renewable Energy Analyst will be responsible for creating complex technical models to provide analysis related to power supply planning, load forecasting, energy procurement, risk management, market monitoring, regulatory compliance and settlements. The individual in this position will develop significant subject matter expertise in Peninsula Clean Energy’s operations and will be required to work independently on various projects as they come up, including topical research and process improvement.  It also requires an understanding of technical aspects of electric energy use, and ability to research and analyze associated data.

We are looking for someone who is highly organized, has strong attention to detail and is able to manage activities across multiple projects. Specific responsibilities include:

  • Create and maintain various supply and demand-side models to support key forecasting, procurement and programmatic initiatives.
  • Build and maintain long-term valuation tool for renewable and storage offers, including RFO and unsolicited proposals.
  • Assist with the administration of power procurement processes, review and analyze proposals for electric power supply (conventional, renewable and carbon-free energy, resource adequacy, congestion revenue rights, and ancillary services).
  • Assist in preparation and presentation of information and recommendations to assist Peninsula Clean Energy staff and Board in assessing and identifying “best fit” power procurement opportunities for Peninsula Clean Energy.
  • Monitor positions and complete risk analysis for energy generation and trading portfolio.
  • Develop market and portfolio models and analyze Peninsula Clean Energy’s power supply position to effectively monitor and manage exposure to adverse market changes.
  • Conduct research and develop models to identify opportunities for portfolio optimization, budget savings, congestion cost avoidance and project development.
  • Analyze trends in electric and natural gas markets. Maintain long-term price forecasts for energy, resource adequacy, environmental products, inflation, and other key planning assumptions.
  • Build and maintain long-term resource planning tool for the development of internal and regulatory-mandated integrated resource plans.
  • Analyze risk and value around complex transactions and portfolio positions, including power generation, load forecasts and load scheduling, hedging strategies.
  • Develop expertise in and support efforts to continually improve Peninsula Clean Energy’s data systems and processes.
  • Work with IT consultants and software vendors to select, build, and maintain critical procurement functions, including deal capture, portfolio risk analysis, load management, and contract management systems.
  • Analyze procurement activities and portfolio performance for compliance with relevant regulations and assist with the preparation of regulatory compliance reports

 

QUALIFICATIONS

Required Qualifications:

  • BA/BS degree in engineering, environmental studies, economics, business or other related fields.
  • 5+ years’ experience in energy analysis and modeling.
  • Advanced Excel modeling skills; highly proficient with Microsoft Excel and ability to build reports and work with large volumes of data
  • Strong quantitative skill set, including expertise with Microsoft Office and data analytics tools (such as Python, SQL, VBA, GAMS, R, SAS, MatLab, etc.).
  • Demonstrated experience with financial and/or quantitative analysis, including forecasting and performing cost/benefit and trend analyses.
  • Excellent verbal and written communications skills, including the ability to synthesize and communicate complex quantitative and statistical analysis topics to technical and non-technical audiences.
  • Knowledge of energy generation technologies, including carbon neutral electric energy, conventional energy and renewable energy.
  • Efficient implementation of projects and utilization of time with a high level of attention to detail.
  • Management of multiple priorities and quickly adapt to changing priorities in a fast-paced dynamic environment.
  • Familiarity with the California energy industry and electric power markets.
  • Intrinsic curiosity and motivation to understand new concepts, tackle hard problems, and ask hard questions.

 

Additional Preferred Qualifications

  • Experience working with software tools and applications relevant to the energy/utility industry is highly desirable.
  • Demonstrated experience with production simulation and statistical forecasting modeling, trading software, and other procurement software and systems.
  • General understanding of basic data science methods & approaches.
  • Advanced degree or equivalent experience in project management, environmental studies, or clean energy business.
  • Familiar with mission and goals of Peninsula Clean Energy.

Ability to:

  • Deliver excellent written products with strong logistical and quantitative analysis.
  • Deliver excellent public speaking across diverse audiences including translating complex technical or analytical concepts.
  • Exercise sound judgment, creative problem solving, effective dispute resolution, and commercial awareness.
  • Manage multiple priorities, meet deadlines, and quickly adapt to changing priorities in a fast-paced dynamic environment.
  • Take responsibility and work independently, as well as coordinate team efforts.
  • Be thorough and detail-oriented; demonstrate patience, tact, and courtesy.
  • Establish and maintain effective working relationships with persons encountered during the performance of duties.
  • Work as needed to attend evening and weekend meetings and presentations.
  • Interact professionally and effectively with customers, commercial partners, Peninsula Clean Energy staff, Citizens Advisory Committee, and Board of Directors.
  • Work with intermediate and advance MS Office functions, including Word, Excel, Outlook, and PowerPoint.
  • Be part of a team of committed people.

Supervisory Responsibilities
No direct supervisory role anticipated at this time, but this could change as PCE grows over time.  The incumbent will be expected to provide some guidance, mentorship and training to more junior analysts as appropriate.

Remote Working Model

At the current time, Peninsula Clean Energy has adopted a remote-first policy with work primarily performed from a home office.  Office space is available in Redwood City if preferred. Employees are expected to live within 100 miles of the Redwood City office, but exceptions can be made with approval of the employee’s supervisor and the CEO. Employees will be expected to attend in-person meetings on a monthly to quarterly basis.

SALARY AND BENEFITS

Compensation commensurate with experience. Peninsula Clean Energy offers a generous benefits package, including

  • Individual, family and domestic partner health insurance
  • Retirement and Employer Matching Contributions
  • Health and dependent care flex spending account
  • Cell phone and internet stipend for remote work
  • Paid Parental Leave
  • Paid Vacation

APPLICATION PROCESS

Submit application materials to:

hr@peninsulacleanenergy.com

with a subject line: “RE Analyst: ”

The application materials must include:

  • Cover Letter
  • Resume
  • Responses to the four Supplemental Questions listed below

Supplemental Questions

  1. Please describe how your education and experience have prepared you for this position, and how the position fits into your career goals and aspirations.
  2. Please describe your familiarity and experience with various analytical tools (Excel, SQL, Python, R, VBA, etc.).  How would this experience help you in this position and how would you use these tools to further PCE’s mission?
  3. Please provide an example of a complex analysis you performed and how you communicated the results to non-technical audiences.
  4. In this position, you will be part of a small, but growing, team of professionals. Describe your experience working as part of a team and indicate how you add value to the team. If you have managed or supervised employees, please describe that experience as well.

Peninsula Clean Energy is an Equal Opportunity Employer.