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Senior Power System Analyst

Location: Sacramento, California US
Position Type:
Rqd Education: Bachelor's Degree
Rqd Experience: 2 - 5 years
Date Posted: January 6, 2023
Reference Code:

The Commodity & Operations Settlements Area at SMUD is responsible for analysis, reconciliation, and settlement of SMUD owned and contracted wholesale generation, transmission, and gas supply portfolio; to preserve SMUD’s ability to buy, sell, exchange and transport power within SMUD’s risk parameters and to meet regulatory compliance and reporting obligations. We additionally perform the contracted settlement operations for the Balancing Authority of Northern California (BANC) in partnership with our fellow BANC members.

 

The Senior Power System Analyst, for this posting, serves as a lead subject matter expert responsible for the validation and suballocation of EESC and PRSC participation in the California ISO and Western Energy Imbalance Market, dispute identification and meter data submission in accordance with CAISO Tariff Business Practices and the Energy Imbalance Market Service Agreement with BANC; ensuring work is completed by the deadlines.  

 

In this role you will work closely with internal Marketing and Transmission peers,  WEIM participating members in the Balancing Area of Northern California (BANC),  and our Settlement Software Vendor in the Daily validation, configurations maintenance, and sub-allocation of Energy Imbalance Market Entity settlements to the participating members, including Dispute resolution  and Monthly Invoicing of sub allocated amounts to BANC Participants.

Purpose

Performs advanced technical and analytical functions in the areas of energy settlements, CAISO Schedule Coordinator settlements, balancing authority functions, credit exposure, industry decisions and rulings and contract administration to preserve SMUD’s ability to buy, sell, exchange and transport power within SMUD’s risk parameters.

Nature and Scope

Serves as an advanced journey level resource in a relevant professional discipline; works independently on projects of moderate complexity; exercises independent judgment and discretion; may serve in a Lead role and assist in planning, coordinating, prioritizing, monitoring and evaluating the work results in assigned area and in selecting, training, motivating, evaluating and developing lower-level personnel.

Duties and Responsibilities

  • Supports the department’s overall directive by coordinating the department’s settlement activities; identifies discrepancies and variances; consolidates data in a consistent format; compares projections to plan; maximizes cash flow and revenue by calculating, analyzing and verifying power purchases and sales invoices; reports to management actual energy transactions compared to budget; develops financial forecasts for energy transactions, related costs and operational impact; researches and resolves meter data discrepancies; assists staff with analysis and settlement of energy transactions, generations, power flows and other associated settlement activities; assists with the implementation of new settlement systems and/or procedures.
  • Supports the purchase, sale and exchange of power by performing contract administration; verifies contract compliance by calculating and analyzing energy transactions; negotiates and implements resolution of contract discrepancies; utilizes energy trading applications; administers contracts including the verification and approval of power bills and revenue; assists SMUD in negotiating contract amendments including preparing analyses, proposals and other documents; evaluates the economic and financial impacts of alternative contract proposals, counter-proposals, amendments and dispute resolutions; analyzes and provides reporting on open receivables, payables and contracted future purchases and sales for both electric and gas and comparing to parameters as set by credit manager.
  • Supports interaction with the California ISO by following scheduling coordinator protocols and procedures; provides technical expertise with regard to proposed or amended protocols and procedures.
  • Supports Schedule Coordinator functions by analyzing California ISO charges; ensures that complex CAISO charges and payments are accurately accounted for; determines, submits, and follows up on disputes.
  • Maintains knowledge of the ISO Tariff and BPMs as amended; maintains good working relationship and communication with the CAISO; attends business and stakeholder meetings to support SMUD’s position in ISO matters.
  • Provides support to management, legal, and contract departments by offering analysis and financial interpretation of decisions, rulings and contract negotiations; represents SMUD at inter-utility meetings and industry technical conferences; provides reports to management, legal and contract departments.
  • Provides support to the legal department by offering evidence, analysis, and production of summary and detail reports for legal cases.

Additional Duties and Responsibilities

  • Maximizes SMUD’s financial opportunities by offering management historical reports and evaluating the effectiveness of current practices; performs analysis and history of past power scheduling operations; evaluates trades against established benchmarks; recommends new policies and practices; evaluates cost of transactions; outlines requirements for new or enhanced settlement hardware or software; implements enhancements.
  • Ensures the integrity of the revenue meter data and associated production reports by effectively translating, verifying and analyzing the monthly meter data; researches and resolves meter data discrepancies; maintains associated database and spreadsheet applications.
  • Supports compliance reporting by calculating, verifying, analyzing control area reliability data including reserves, CPS 1 & 2 criteria and inadvertent to confirm compliance that produce reports for WECC, CEC, DOE and others. Supports compliance reporting by analyzing, tracking and monitoring data used in other required regulatory reporting, including CARB and the CFTC.
  • Plans, coordinates, prioritizes, monitors, and guides work activities with work-unit employees to meet established task objectives and deadlines by following established policies and precedents; provides staff training; promotes staff safety and a safe work environment; assists in selecting and orienting new personnel; assists in evaluating work performance results; participates as a team member in accomplishing objectives; refers problems to supervision where solutions are not readily achievable.
  • Plans, coordinates, prioritizes, monitors, guides, reviews and conducts work activities associated with department internal/external projects in accordance with established task objectives and schedules as outlined in the project plan/contract.
  • Performs related duties as required.

Required Education

  • A Bachelor’s degree from an accredited college or university with major course work in business administration, economics, accounting, statistics or a related field or equivalent experience. If no degree, eight (8) years of experience is required

Required Experience Qualifications

  • Four (4) years of experience as a Power System Analyst Journey or five 5 plus or more years of progressively responsible relevant work experience in energy settlements, wholesale power markets, and/or contract administration, for a large public utility.

Knowledge Of

Federal, state and local laws, codes and regulations governing energy accounting and energy trading; SMUD operations related to contract administration and energy trading; principals of information systems; methods for inter-utility energy accounting practices; energy transaction accounting principals; electrical theory and terminology; power generation and transmission theory and principals; inter-utility settlement practices; power scheduling and power system operations, principles and terminology; Schedule Coordinator practices and protocols; electrical metering methods, terminology and translation practices; energy settlement principles; language and technical terminology used in power contracts; network systems such as energy management system, local area network, meter data acquisition system and mainframe system; methods and techniques for planning, organizing and overseeing work activities; methods and techniques for report preparation and writing; techniques and practices for negotiating; principles and practices for contract management; interrelationships between SMUD???s operations and relevant external entities; methods and techniques for record keeping; safety policies, practices and procedures; standard operating procedures for modern office equipment including a computer and applicable software; English grammar, punctuation and vocabulary standards.

Skills To

Perform energy settlements activities such as calculating and analyzing transmission losses, area and system loads, inadvertents, deviations, spinning reserves, energy paybacks, ramp rates and incremental costs; develop new and revised policies and procedures to provide for the effective operation of the unit; interpret SMUD power purchase contracts, policies, procedures, and/or other special agreements; plan, oversee and review the work of others; compile and prepare technical, statistical and/or analytical reports and presentations; explain complex and/or controversial policies, regulations, procedures and/or activities internally/externally; schedule and prioritize own work assignments to meet expected timeframes; utilize a personal computer and/or computer terminal, systems and software relevant to the job; communicate effectively orally and in writing internally/externally; establish and maintain effective working relationships internally/externally.

Sacramento Municipal Utility District (SMUD) - Who We Are

As the nation's sixth-largest community-owned electric service provider, we're proud of our reputation as one of the best places to work in Sacramento. Our employees tell us in our engagement surveys they're "Happy, satisfied and engaged" which helps create a workplace that best serves our customers. Sacramento was named as the 2nd happiest place to work in America by Forbes Magazine. Lake Tahoe, San Francisco and the world-renowned Napa Valley are within easy driving distance of our locations.

 

California Equal Pay Act

Diversity, equity and inclusion (DE&I) are a part of who we are and how we do things. Supporting efforts that promote pay equality is part of that. Salary placement for the selected candidate will be determined in alignment with the California Equal Pay Act or the applicable MOU. Determination for salary placement of internal candidates will be made without respect to current classification or compensation, and will be based upon the candidate's qualifications as compared to those performing substantially similar work. In the event there is a guaranteed pay progression outlined in an applicable MOU, the MOU takes precedence.   

 

Our Commitment to Diversity & Inclusion

SMUD respects, values and celebrates the unique attributes, characteristics and perspectives that make each person who they are. Diversity and inclusion are guiding principles to deliver a culture that reflects the broader values of the community and our customers. Our Board's policy for Employee Relation sets our commitment to developing and maintaining a high quality, inclusive workplace that engages and inspires employees to commit to SMUD's purpose, vision and values.

 

Why Sacramento, California?

The capitol of California, Sacramento is the state's sixth-largest city, and the 35th largest in the U.S. Local universities include California State University, University of the Pacific's McGeorge School of Law, and the University of California, Davis and several competitive community colleges. The UC Davis Medical Center, a world-renowned research hospital, is one of more than a dozen hospitals and shared services centers in the Sacramento region. Part of the agriculturally-rich Central Valley, Sacramento is at the forefront of the farm-to-fork food movement. Northern California is home to some of the country's top technology companies, including Google and LinkedIn, and a multitude of startups in many industries. Sacramento is home to the NBA Kings, the River Cats (AAA baseball), the Republic FC (soccer) and the San Francisco Giants, NBA Warriors and NFL 49er's aren't far away. Sacramento offers an affluent liberal arts community with Broadway, Mondavi Center, Crocker Museum and summer musical theater to name a few.