Energy Market Analyst - EP6203 - ENERGY MANAGEMENT ORGANIZATION
City of Denton
Job Description
Title: Energy Market Analyst
Position ID: EP6203
Department/Division: Electric/Power Supply Administration
Reports to: Energy Market Manager
FLSA Designation: Exempt
Safety Sensitive: No
DOT: No
Definition: Under supervision of the Energy Market Manager, responsible for analyses of short term and long term ERCOT energy markets.
Essential Job Functions:
As an individual contributor, under supervision, participates with members of the energy management function in delivering reliable wholesale energy supplies to Denton Municipal Electric
at competitive prices, which includes analysis of short-term and long-term load serving requirements
Uses market tools to analyze the ERCOT wholesale energy market consisting of complex programs and algorithms
Performs analysis of future market impacts due to proposed Nodal Protocol Revision Requests (NPRR)
Understands the fundamentals of energy market modeling, energy analytics, and back-cast analysis.
Familiarity with ERCOT’s Nodal Protocols and financial settlement concepts
Familiarity with the principles of designing, constructing, and implementing dashboard screens that inform the Day Ahead and Real Time desk of current market conditions
As an individual contributor, under supervision, participates as a team member with the development and implementation of DME’s wholesale energy operating strategies, inclusive of scheduling
and bidding
Performs complex analyses to project market trends based on current and future market conditions and operations
Designs, develops, implements, and maintains complex analyses that includes analysis from database queries via finished products/web publications
As an individual contributor, under supervision, assists with presentations and backup documentation, as needed, for various City of Denton and Denton Municipal Electric boards, commissions,
and councils
As an individual contributor, under supervision, participates as a team member in decisions that may have financial impacts on DME
As an individual contributor, under supervision, conducts research, provides technical expertise, and participates in ERCOT market design and development processes
Additional Duties:
Performs other duties as assigned
Minimum Qualifications / Acceptable Equivalency:
A Bachelor’s degree in Finance, Business Administration, Economics, or Engineering with 5 years of previous work experience in the ERCOT market, 2 years of which should be in the wholesale
market (Zonal or Nodal)
OR
A Master’s Degree in Finance, Business Administration, Economics, or Engineering with 3 years of previous work experience in the ERCOT market, 1 year of which should be in the wholesale
market (Zonal or Nodal)
OR
Any combination of related education, experience, certifications and licenses that will result in a candidate successfully performing the essential functions of the job
Competencies:
Must possess required knowledge, skills, abilities and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the
job can be performed
Knowledge of wholesale fuel, electric markets and evolving industry and regulatory developments in ERCOT
Knowledge of systems used to forecast, evaluate and transact business in the wholesale fuel and energy markets
Knowledge of applicable processes, techniques, and methods
Knowledge of Federal, State, Local laws, and ordinances governing fuel and energy markets
Skill in planning, organizing, and managing multiple complex projects concurrently
Skill in oral and written communication
Skill in handling multiple tasks and prioritizing work
Skill in using computers and related software applications
Skill in data analysis and problem solving
Ability to work with frequent interruptions and changes in priorities
Ability to quickly recognize and analyze irregular events
Thorough understanding of technical requirements for electric system operations and planning
Operation of the following equipment: Personal computer with Windows operating system, Microsoft Office (applications for word processing, spreadsheets, databases, and presentations),
and Microsoft Outlook email system
Excellent organizational skills with the ability to apply them to activities tracking, documentation and project management
Ability to prioritize tasks and work efficiently to cope with many deadlines
Ability to demonstrate energy market knowledge and analysis capabilities through a pre-employment screening examination
Conditions of Employment:
Must have a valid Class “C” Driver’s License prior to employment (must obtain Texas Class “C” driver’s license within 30 days of hire per state law)
Must pass a drug test, driver’s license check, criminal history background check, and social security number verification check
Preferences:
Proven track record of performing highly complex analytics in energy markets
Ability to communicate effectively both verbally and in writing
Physical Requirements:
Overall Strength Demands: The bold and italicized word describes the overall strength demand of the functions performed by the incumbent during a typical workday.
Sedentary – lifting no more than 10 pounds
Light – lifting no more than 20 pounds; carry up to 10 pounds
Medium – lifting no more than 50 pounds, carry up to 25 pounds
Heavy – lifting no more than 100 pounds, carry up to 50 pounds
Very Heavy – lifting more than 100 pounds, carry more than 50 pounds
Physical Demand Codes: The following describes if the incumbent is expected to exert the following physical demands during a typical workday and the overall frequency.
Codes for “how often”:
Y = Yes
N = No
E = extensive (100-70%)
M = moderate (60-30%)
I = infrequent (20-10%)
A = almost never (<10%)
Task: Code:
Standing: M
Sitting: M
Walking: M
Lifting: A
Carrying: I
Pushing/Pulling: A
Overhead Work: A
Fine Dexterity: M
Kneeling: A
Crouching: A
Crawling: A
Bending: I
Twisting: I
Climbing: A
Balancing: A
Vision: Y
Hearing: Y
Talking: Y
Video Display: Y
Other:
Machines, Tools, Equipment and Work Aids:
The essential functions of this position require the use of a telephone and computer.
Environmental Factors:
This position is required to work indoors in environmentally controlled areas.
This job description is not an employment agreement, contract agreement, or contract. Management has exclusive right to alter this job description at any time without notice.
Effective Date: 10/1/2013
Revision Date: 8/12/2013