North Carolina Electric Membership Corporation
Summary Description: The Portfolio Analyst will work in the Portfolio and Resource Optimization group analyzing, implementing, and executing near-term strategies within the NCEMC portfolio. This position requires strong analytical aptitude and utilization of problem-solving skills to provide qualitative and quantitative backed solutions. Position involves data analytics, portfolio optimization, working with numerous internal and external teams, extensive software and digital tools, and a complex portfolio of power supply resources.
Academic and Trade Qualifications: Bachelor’s degree is required. Degree in related field such as Economics, Finance, Business, or Data Analytics preferred. Experience with electric utilities, PJM RTO, Energy Services, Demand Response, Trading, or Electric Cooperatives is strongly preferred.
Work Experience: 5 years in business analytics, energy market optimization and forecasting, or Electric Utility Portfolio Optimization.
- Gather and analyze data related to NCEMC’s electric portfolio using Microsoft Excel, Access, and other internal tools
- Coordinate with trading group on daily and contribute to near-term optimization strategy for NCEMC generation, contract execution, and RTO participation
- Leading tasks and coordinating with integration teams to deliver portfolio optimization solutions
- Utilize analytical tools and execute strategies to improve precision and increase accuracy in the portfolio optimization function
- Optimize and coordinate the design and implementation of NCEMC Demand Response (DR) and Distributed Energy Resources (DER) with diverse group of stakeholders
- Assist with integration and expansion of new DR and DER programs and assets
- Support NCEMC Energy Operations and Resource Planning
- Facilitate necessary contract obligations and market commitments for data, testing, and performance
- Manage and support data and information requirements for NCEMC PJM RTO participation
- Report on portfolio metrics and recommend improvement strategies to increase portfolio optimization value
- Create presentations and reports that clearly communicate programs, strategies, and results to management
- Perform other duties as directed
Job Knowledge: Analytical problem-solving knowledge and an understanding of optimization concepts are required. Understanding of energy markets, power purchase agreements, renewables, energy storage, and managing complex projects is strongly preferred.
Abilities and Skills:
- Analytical mindset with a desire to problem solve and increase portfolio optimization value
- Financial analysis using Microsoft Excel and other tools
- Active, engaging, and enthusiastic team contributor
- Ability to prioritize and plan multiple projects while achieving firm milestones
- Desire to improve internal processes using automation and other lean techniques
- Ability to work with diverse and numerous internal and external teams
- Able to be effective and decisive when addressing real-time issues
- Demand Response, Distributed Energy Resource Management System, and Cooperative experience
- Experience with Microsoft Office: Word, Excel, PowerPoint, and Access (VBA a plus)
- Able to work in normal office conditions both remote and in-person
- Perform well both individually and within a team
- Able to be responsible for a project from start to finish
- Strong communications skills with an emphasis on conveying concise conclusions verbally and visually
Relationships and Contacts:
- Reports to Manager of Near-Term Optimization
- Serve as project lead to facilitate work with internal and external groups
Working Conditions: Normal office conditions with occasional overtime and minimal travel. Work in a hybrid office environment which includes in office and remote work. Due to the nature of a 24/7 service, work may be required after typical business hours including weekends or holidays.
Company Profile: North Carolina’s Electric Cooperatives (http://ncemcs.com/about/ncemc.htm) is the brand for the family of organizations formed to support the state’s 26 local electric cooperatives, including: North Carolina Electric Membership Corporation, the power supplier to many of the electric cooperatives; North Carolina Association of Electric Cooperatives, the cooperatives’ trade association; and Tarheel Electric Membership Association, Inc. (TEMA), a central purchasing and materials-supply cooperative.
North Carolina Electric Membership Corporation provides equal employment opportunities (EEO) to all applicants for employment.
About this Employer
North Carolina Electric Membership Corporation (NCEMC) is one of the largest generation and transmission electric cooperatives in the nation, providing reliable, affordable electricity to its 25 member cooperatives. NCEMC owns power generation assets, purchases electricity through contracts, identifies innovative energy projects and coordinates transmission resources for its members.