Fuels and Fleet or Senior Fuels and Fleet Reliability Analyst: Power Generation Business Analysis

Duke Energy Corporation; Charlotte (NC); Hybrid; USD 85,000 - 130,000; Full time

Job summary

Duke Energy Corporation is seeking an analytically driven professional to support fuel procurement and power generation trading and dispatch models. The role focuses on reliability, forecasting fuel needs, and optimizing economics for a large, multi-portfolio fleet.

Key responsibilities include conducting model-based analyses, communicating results to technical and business audiences, and shaping outage scheduling and scenario planning with internal stakeholders.

Qualifications

• Bachelor’s degree in Business, Engineering, Accounting, Data Science or related field.
• In lieu of a degree, four years of related work experience.

Responsibilities

• Production Cost Modeling: define inputs, run stochastic/reliability models, summarize results for audiences.
• Stakeholder Engagement: build relationships with internal teams and advise.
• Model Accuracy & Improvement: identify process improvements and evaluate forecasts.

Skills

Communication skills

Analytical thinking

Education

Bachelor’s degree

Master’s degree

Tools

Power BI

QlikView

Job description

More than a career - a chance to make a difference in people's lives.

Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

“Depending upon the desired qualifications of the successful applicant, the hiring manager may elect to fill this position at a higher/lower level within the job hierarchy”

Position Summary

This position is responsible for providing analytical support for fuel procurement and power generation trading and dispatch models used to support the economic planning and operation of Duke Energy’s $6B multi-commodity fuel & power portfolio and 50 GW+ regulated thermal and renewable generation fleet. Primary areas of responsibility include quantifying reliability of the generation portfolio, forecasting fuel requirements, evaluating the impact of renewables, optimizing economics of battery storage, and providing outage scheduling support using production cost models.

Responsibilities

• Production Cost Modeling: Define and update key inputs, run stochastic / reliability models, and summarize and present results for both technical and business audiences. Reliability analysis include resource adequacy, ELCC, LOLH, solar integration service charge (SISC), and screening operating reserve studies
• Stakeholder Engagement: Build and maintain relationships with internal stakeholders across Fuels & System Optimization, Resource Planning, Engineering, Rates, Financial Planning, Wholesale, Environmental, and Accounting teams. Engage with resource adequacy industry working groups. Advise and advocate for the company as applicable
• Model Accuracy & Improvement: Identify and implement process improvements to enhance efficiency and accuracy. Evaluate model performance by comparing forecasts to actuals.
• Ad-Hoc Analysis: Conduct analyses to support outage scheduling, deal evaluation, scenario planning, and integration of renewable energy technologies.
• Visualization: Create tools to clearly communicate changes in model inputs and outputs.
• Author technical documents and white papers for internal and external audiences; create compelling visualizations and contribute to regulatory filings and testimony.

Required/Basic Qualifications For Analyst Level

• Bachelor’s degree in Business, Engineering, Accounting, Data Science or Other Related Degree
• In lieu of Bachelor’s degree(s), High School/GED AND four (4) or more years related work experience

Required/Basic Qualifications For Senior Level

• Bachelor’s degree in Business, Engineering, Accounting, Data Science or Other Related Degree
• In addition to required degree, five (5) or more years related work experience
• In lieu of Bachelor’s degree(s) AND five (5) or more years related work experience listed above, High School/GED AND nine (9) or more years related work experience

Desired Qualifications

• Master’s Degree in Business, Engineering, Accounting, Data Science or Other Related Degree
• Highly proficient with Excel and data visualization tools such as Power BI, Qlikview
• Excellent communication and presentation skills with ability to communicate technical subjects to a wide range of audiences.
• Experience with reliability and resource adequacy modeling including loss of load, capacity accreditation, reserve margin, and ancillary reserves.
• Programming skills in data science/mathematical software packages and/or interest in Python, Matlab

Additional Preferred Qualifications

• A general understanding of electric, gas, oil or coal industries
• Experience with mathematical optimization techniques and production cost models such as SERVM and PowerSimm.
• Understanding of probability distributions, stochastic processes, tail risk estimation
• Practical experience managing data in traditional (Oracle, SQL Server) and/or cloud databases (AWS). Able to create tables/views and query large databases

Working Conditions

• Hybrid – Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable commute to the designated Duke Energy facility, not greater than 50 miles one way. Employees are expected to report to their assigned Duke Energy facility as required and directed by their manager, on average 3 full workdays per regular workweek.
• Highly collaborative working office environment

Travel Requirements

5-15%
Relocation Assistance Provided (as applicable)
No
Represented/Union Position
No
Visa Sponsored Position
No. This is not a Visa Sponsored Position. This role requires the ability to work lawfully in the U.S. without employment-based immigration sponsorship, now or in the future.

Please note that in order to be considered for this position, you must possess all of the basic/required qualifications.