Energy Transactions & Solicitations Analyst

Pacific Gas and Electric Company; Oakland (CA); Hybrid; USD 102,000 - 162,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation

Job summary

Pacific Gas and Electric Company in Oakland, CA, is seeking a role within the Energy Transactions & Solicitations team to support procurement solicitations and strategic energy procurement activities. The position emphasizes commercial excellence, cross-functional collaboration, and learning across back and front office functions.

The role requires a business-related bachelor's degree and at least one year of relevant experience, with strong negotiation and analytical skills.

Qualifications

• Bachelor’s degree or equivalent experience in business/related field or engineering/mathematics.
• 1 year of relevant work experience.
• Experience with procurement processes and energy markets is a plus.

Responsibilities

• Supports project management of procurement solicitations.
• Assists negotiation of terms for power purchase or sale agreements.
• Drafts strategy papers and presentations; supports requests from evaluators.
• Builds relationships with market participants and evaluates solicitations.

Skills

Project management

Negotiation

Strategic thinking

Analytical skills

Cross-functional collaboration

Communication

Regulatory affairs knowledge

Education

Bachelor’s Degree in business/related field or equivalent experience

One year of relevant work experience

Job description

Requisition ID# 175009

Job Category: Business Operations / Strategy

Job Level: Individual Contributor

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Energy Policy and Procurement (EPP) organization procures energy-related products and manages PG&E’s policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.

The Structured Energy Transactions (SET) Department is responsible for structuring, negotiating, and managing the procurement and the solicitation processes for PG&E’s wholesale electric portfolio structured energy transactions.SET is responsible for an extraordinary range of agreements- from procuring for storage, solar, biomass, geothermal, wind, and more and must execute these duties in a way that is fair to the market and protects our customer’s interests. We are executing the transactions to help the state meet its reliability, greenhouse, and other policy goals. To do this, SET must have a deep understanding of our policy and procurement landscape, implement rigorous processes to run solicitations, learn the marketplace, and dive deeply into quantitative and contract details to achieve commercial excellence.

The Energy Transactions & Solicitations Team, within SET, is responsible for procuring the Company’s wholesale power purchase contracts including those specifically for renewable energy and storage resources. The team manages procurement program solicitations, each of which must be designed to procure specific energy and capacity products to satisfy the policy objectives at minimum cost.

Position Summary

As a key contributor to the Energy Transactions & Solicitations team, this individual will learn and back up various procurement solicitations, and contribute in other areas of PG&E's structured energy procurement efforts. This person will bring a passion for commercial excellence and customer service to help PG&E transact across energy products. This role may be responsible for learning various commercial activities to procure renewable energy, distributed resources, or storage capacity for example. This role will work closely with other teams including Energy Settlements and Contract Management (back office), Short Term Electric Transactions (front office), Portfolio Management, Law, Risk, and Regulatory Affairs. Success in this position will require the ability to learn about PG&E’s procurement goals, SET’s procedures, motivate and influence the work of others and working across teams within the Energy Policy and Procurement organization, and throughout the company. Information about the work that this position is responsible for can be found on www.pge.com/rfo.

This position is hybrid, working from your remote office and your assigned work location based on business need. The work location is Oakland, CA.

PG&E is providing the full salary/pay range for this position. The actual amount paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The range to reasonably expect will be between the minimum and the midpoint of the range. The final decision will be made on a case-by-case basis related to the factors above. This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

Bay Area Minimum: $102,000.00

Bay Area Midpoint: $132,000.00

Bay Area Maximum: $162,000.00

Job Responsibilities

• Supports the team in project management of the all solicitations.
• Supports the negotiation of terms and conditions of power purchase or power sale agreements
• Supports the drafting of strategy papers and PRG presentations, drafts testimony, and supports requests from the Independent Evaluator.
• Builds and manages relationships with new and existing entities in the market area of focus.
• Evaluates offers resulting from solicitations and bilateral negotiations, leads counter-offer preparation, prepares analysis of offers, and manages overall procurement.
• Acts as a contributor in the development of strategy or resolution of complex issues.
• Participates in identification, development, implementation, and resolution of issues associated with complex, cross-functional strategy and policy matters.

Qualifications

Minimum:

• Bachelor’s Degree with coursework in a business- related field, mathematics, engineering, or equivalent field of study; or equivalent experience
• One year of relevant work experience

Desired:

• Knowledge of the procurement needs for the Company’s wholesale energy portfolio, the impacts of procurements, the company’s competitive position, and the rules and regulations that impact procurement
• Understanding of meaning and rationale of PG&E contract provisions; typical counterparty concerns; and the impacts of contract language
• Ability to lead negotiations and to develop new procurement products and contract documents
• Ability to present moderately complex data and findings to diverse audiences; to lead Company development activities and to represent Structured Energy Transactions in discussions of electric procurement issues
• Knowledge of organizational structures, decision making and governance procedures regarding commercial procurement
• Ability to influence key decision makers
• Ability to manage projects and initiatives
• Ability to analyze complex problems and recommend solutions despite incomplete information and limited time
• Ability to maintain a work environment that fosters teamwork, information and experience sharing, constructive communication and professional and individual development
• Demonstrated focus on quality, efficiency, and continuous improvement.
• Excellent communication skills – interpersonal, written and presentation, including experience and ability to deliver executive level briefings – taking complex concepts and describing them thoroughly and succinctly.
• Excellent project management skills.
• Demonstrated ability to work effectively in a team environment, be self-motivated, and be detail oriented.