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City of Austin - JOB DESCRIPTION

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Energy Market Analyst


FLSA: Standard/Exempt EEO Category: (20) Professionals
Class Code: 13444 Salary Grade: ZG1
Approved: August 20, 1998 Last Revised: April 04, 2017


Purpose:
 

Under general direction, performs a variety of tasks related to the optimization, nomination, balancing and invoicing of fuel and electrical energy sales, purchases and transportation.

Duties, Functions and Responsibilities:
  Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
  1. Projects short and long-term electric energy and fuel requirements.
  2. Assists with forecasting daily wholesale power and fuel prices and market trends. Optimizes power and fuel purchases among multiple supply and transportation options.
  3. Allocates wholesale power and fuel purchases in accordance with contractual obligations.
  4. Assists with daily, monthly and other purchases of wholesale power and fuel; the execution of energy risk management transactions, the planning and designing of energy risk management strategies: wholesale power and fuel contracts and agreements.
  5. Nominates and schedules daily wholesale power and natural gas purchase and transportation volumes.
  6. Monitors daily natural gas consumption and re-nominates as needed. Monitors and controls natural gas transportation imbalance accounts.
  7. Performs Qualified Scheduling Entity (QSE) bidding and scheduling functions. Monitors Electric Reliability Council of Texas (ERCOT) transmission congestion and determines impacts to Austin Energy (AE) energy schedules.
  8. Issues generating unit dispatch and commitment orders to the power plants. Monitors and coordinates generating unit status and performance among affected parties.
  9. Supports ERCOT market design and development process.
  10. Analyzes monthly wholesale power and fuel purchases, sales, and risk activity reports.
Responsibilities - Supervisor and/or Leadership Exercised:
 

None

Knowledge, Skills, and Abilities:
  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 AE's wholesale fuel and energy requirements.
  • Knowledge of applicable processes, techniques, and methods.
  • Knowledge of federal, state, local laws, and ordinances governing fuel and energy markets.
  • Skill in purchasing and selling wholesale power and fuel.
  • Skill in communicating effectively both orally and in writing to convey information in a clear and concise manner.
  • Skill in using computers and related software applications.
  • Skill in analyzing detail and complex data to make sound decisions.
  • Ability to handle multiple tasks in a demanding and face pace environment.
  • Ability to work with frequent interruptions and changes in priorities.
  • Ability to quickly recognize and analyze irregular events.
  • Ability to cross train in related areas.
Minimum Qualifications:
 
  • Graduation with a Bachelor's degree from an accredited four-year college or university,plus three (3) years of experience in a related field.
  • Master's degree with major course work in a field related to the job may substitute for experience up to one (1) year.
  • PhD. with major course work in a field related to the job may substitute for experience up to two (2) years.
Licenses and Certifications Required:
 

None


This description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of duties and responsibilities shall not be held to exclude other duties not mentioned that are of similar kind or level of difficulty.