Load Forecasting Specialist

PSEG; Hicksville (NY); Hybrid; USD 67,000 - 106,000; Full time

Benefits offered by this job

Health insurance

401(k)

Tuition reimbursement

Paid time off

Paternal leave and family leave

Job summary

PSEG Long Island is seeking a Load Forecasting Specialist to support the Power System Management group. The role involves developing forecasts of electricity use for 1.1 million Long Island customers, interacting with Finance, Energy Efficiency, and NYISO, and leading SME-driven analyses.

Responsibilities include regression modeling, spatial load projections, and regulatory testimony preparation. Strong quantitative skills and SAS proficiency are required for modeling and reporting.

Qualifications

• Bachelor's degree in a quantitative field.
• Minimum of 3 years' experience in quantitative analysis in the utility sector.
• Must have skill in regression analysis.
• Demonstrated ability to design and use complex spreadsheets.
• Proficient with SAS or similar statistical tools.

Responsibilities

• Monitor electricity use, weather, economic and demographic results and develop monthly variance analyses.
• Participate on NYISO LFTF to ensure regulatory compliance.
• Prepare testimony and exhibits for DPS Rate Cases.
• Develop hourly load simulations for production cost modeling.
• Provide expertise in applied mathematics to other PSEG LI teams.

Skills

Regression analysis

Complex spreadsheets

MS Office

SAS

Interpersonal communication

Education

Bachelor's degree in Mathematics, Economics, Engineering, or other quantitative field

Tools

SAS

Job description

Load Forecasting Specialist

Requisition: 82652

PSEG Company: PSEG Long Island

Salary Range: $67,200 - $106,400

Work Location Category: Hybrid - Hicksville, NY

• Hybrid: A blend of remote and onsite work, with at least three onsite days per week required.

As an employee, if you are regularly scheduled to work 20 or more hours per week, you will have access to a wide range of comprehensive benefits designed to support your total well-being: medical, dental, vision, paternal leave and family leave programs, behavioral health programs, 401(k), life insurance, tuition reimbursement, and generous paid time off.

More than 13,000 people already call PSEG their work home, taking pride in providing safe, reliable service to millions of customers. If you're looking for a place where you can build a meaningful career and help power and support our communities, we'd love to welcome you to the team.

PSEG is not offering visa sponsorship for this position.

Job Summary:

This position provides analytical support to the Power System Management organization, which includes developing forecasts of electricity use for 1.1 million Long Island customers with annual sales of over 18,000 GWH and a summer peak load of 5,400 MW. Candidates will interact with all members of Power Markets as well as colleagues in Finance, Energy Efficiency, Electric Operations and with Long Island Power Authority (LIPA), New York Independent System Operator (NYISO) and New York State Department of Public Service (DPS). The range of activities for this position may run from analyzing and explaining customer electric use to acting as lead with other PSEG Long Island organizations for financial, resource and reliability planning. The candidate is expected to become the subject matter expert (SME) and to be able to coach and lead others.

More specifically, responsibilities will include, but are not limited to, the following:

Job Responsibilities:

• Monitor electricity use, weather, economic and demographic results and develop variance analyses for reporting to PSEGLI, LIPA and DPS each month.
• Participate on the NYISO's Load Forecasting Task Force (LFTF) to ensure compliance with federal, regional and New York State regulatory requirements for reliability.
• Prepare written testimony and exhibits supporting PSEGLI's load forecast for DPS Rate Cases.
• Respond to requests from federal, regional, state and local authorities for historical and forecasted utility data and analyses.
• Develop regression models for the weather normalization and probabilistic distribution of System Peak Demand.
• Create spatial load, load pocket, feeder and extreme weather forecast projections to support of Distributed System Implementation Plan (DSIP) goals under the NYS DPS Reforming the Energy Vision (REV) initiative.
• Prepare operational analyses and provide recommendations for deployment of real time peak load reduction programs.
• Support regulatory proceedings and forecast requirements for Fuel & Purchase Power Cost Projections, Capital Budgets, PSEGLI Integrated Resource Plan, LIPA Financing & Securitization and various ISO filings including FERC 715.
• Develop hourly electric load simulations for economic dispatch production cost modeling.
• Support other PSEG LI organizations by providing expertise in applied mathematics.

Job Specific Qualifications:

• Bachelor's degree in Mathematics, Economics, Engineering, Computer Science, or a similar quantitative major.
• Minimum of 3 years' experience in quantitative analysis, with at least three years' experience with the utility industry, working for an electric investor-owned or public utility company, a company participating in the electric power markets, as a consultant to a public or private utility, or a similarly situated government policy or regulatory body.
• Must have skill in regression analysis.
• Demonstrated ability to design and use complex spreadsheets.
• Proficient in MS Office Tools.
• Must have excellent interpersonal, verbal and written communication skills.
• Proficient programming skills in SAS or similar statistical analysis software.

Desired:

• Master's Degree preferred.
• Excellent analytical skills and the ability to identify trends and relationships in data.
• Conceptual thinking and creative problem solving abilities.Capacity to manage multiple projects and meet deadlines.
• Convincing oral and written communication skills and the ability to manage complicated processes.

Some positions at PSEG require access to information covered by the Department of Energy's regulation 10 CFR 810 (Part 810). If applicable, the successful applicant must prove they are: (1) a citizen or national of the USA; OR (2) a lawful permanent resident of the United States (Non-Conditional Permanent I-551 / Green Card / Permanent Resident Card holder); OR (3) a citizen, national, or permanent resident of a "Generally Authorized" destination on the attached list and not also a citizen, national, permanent resident of any country not listed; OR (4) a "Protected Individual" under the Immigration and Naturalization Act (8 U.S.C 1324b(a)(3)).

As an employee of PSEG Long Island, you should be aware that during storm/outage restoration efforts, you may be required to perform functions different from normal operations and work extended hours beyond your regular work schedule. You may also be required to work on premise or in an alternate location as directed by the company.

For all roles, PSEGLI's drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing.

Employees who are hired or transfer into a federally regulated role (including positions covered by USDOT, PHMSA, or NRC regulations) are subject to random drug and alcohol testing, inclusive of marijuana. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and medically, the use of these products are prohibited for employees in federally regulated roles. Please note that the use of CBD products may result in a positive drug test for THC/Marijuana and such use is not a legitimate medical explanation for a positive result.

If you are a current PSEG employee and offered an opportunity with PSEG Long Island, you will be treated as a new hire. Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires. Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits will change and generally be consistent with other similarly situated new hires of that company.

PSEGLI is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

PSEGLI is committed to providing reasonable accommodations to individuals with disabilities. Please call 973-430-3845 or email [e-mail].

If you need to request a reasonable accommodation to perform the essential functions of the job, email [e-mail]. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.