Production Cost Modeler & Term Trading Consultant or Advisor

Arizona Public Service Company; Phoenix (AZ); Hybrid; USD 120,000 - 170,000; Full time

Job summary

Arizona Public Service Company is seeking a highly skilled Production Cost Modeler & Term Trading Consultant to join the Resource Management function. You will analyze energy markets, support resource planning, and help develop strategies for hedging, budgeting, and forecasting.

The role requires strong quantitative methods and collaboration with legal, regulatory, and back-office teams. The position emphasizes expert modeling, data-driven decision making, and effective communication with senior

Qualifications

• BS/BA degree in business, engineering, economics, finance, information technology, mathematics, physics or similar quantitative field.
• Eight (8) years of related business experience or equivalent combination.
• Knowledge of economic unit commitment/dispatch, wholesale market operations and resources characteristics.

Responsibilities

• Conducts advanced energy market analyses and supports resource planning with quantitative techniques.
• Leads evaluation of resource plans and market changes across internal groups.
• Develops reports and white papers to inform leadership and external stakeholders.
• Supports hedge and fuel budget processes and market forecasting.
• Provides guidance to teams on production cost modeling and internal processes.

Skills

Economic modeling

Data analysis

Quantitative analysis

Communication skills

Education

BS/BA in quantitative field

Tools

Excel

PowerPoint

Access

Word

Job description

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Production Cost Modeler & Term Trading Consultant or Advisor

Arizona Public Service generates reliable, affordable and clean energy for 2.7 million Arizonans. As the state’s largest and longest-serving energy provider, our more than 6,000 dedicated employees power our vision of creating a sustainable energy future for Arizona.

Summary

The Production Cost Modeler & Term Trading Consultant or Advisor participates in a variety of data analysis and modeling functions including identification of resource needs and selections, evaluating wholesale markets, planning and assisting with system operations, assessing other business or operational plans or items utilizing advanced qualitative and quantitative techniques, and regulatory support. Develop resource plan alternatives based on market trends and conditions, wholesale market changes or other analytical findings critical to the business.Develops high quality decision support analysison behalf of department to present to external stakeholders and other senior level leadership. Responsibilities may include complex analysis of wholesale markets, system operations, or other business or operational plans or items utilizing advanced qualitative and quantitative techniques, in development of the corporate fuel budget and forecasts,the energy hedging program and trading decisions.Functions as a subject matter expert in production cost modeling and model setup and evaluation, strong understanding of energy analysis and decision processes.

Production Cost Modeler & Term Trading Consultant (Business Consultant Resource Management)

• BS/BA Degree in business, engineering, economics, finance, information technology, mathematics, physics or similar quantitative field
• Plus eight (8) years related business experience, or an equivalent combination of education and experience with demonstrated comparable knowledge and abilities.
• Knowledge of principles of economic unit commitment/dispatch, wholesale market operations and the functional and economic characteristics of Company power resources and the interconnected system is desired.
• Working knowledge of natural gas markets including contracts, and utilization within a power plant.
• Must have strong communication, presentation and writing skills. Must be able to lead teams in evaluations and implementation of solutions.
• Must be able to work with key internal and external stakeholders and all levels of management.
• A high level of proficient computer skills including a thorough knowledge of a commonly used industry programming language to modify large data sets and extensive experience in the applied use of Microsoft Excel, Power Point, Access, and Word is desired as required by the applicable position.

Production Cost Modeler & Term Trading Advisor (Business Consultant Resource Management)

• BS/BA Degree in business, engineering, economics, finance, information technology, mathematics, physics or similar quantitative field
• Plus ten (10) years related business experience in Energy operations, or an equivalent combination of education and experience with demonstrated comparable knowledge and abilities.
• Extensive knowledge of principles of economic unit commitment/dispatch, wholesale market operations and the functional and economic characteristics of Company power resources and the interconnected system is desired.
• Extensive knowledge of coal contracts as they relate to production cost modeling and the fuel budget process.
• Extensive knowledge of natural gas markets including contracts, and utilization within a power plant.
• Strong technical communication, presentation and writing skills. Must be able to lead teams in evaluations and implementation of solutions.
• Must be able to work with all internal and external stakeholders a management as needed.
• Requires knowledge sharing and development of department employees.
• Ability to evaluate extremely complex industry issues and provide recommendations to leaders and management.
• A high level of industry knowledge is required.
• Extensive experience in the applied use of Microsoft Excel, Power Point, Access, and Word is desired as required by the applicable position.

Major Accountabilities

1. Conducts advanced analysis of energy markets, system operations, or other business or operational plans or items utilizing advanced qualitative and quantitative techniques, in order to affect the corporate fuel budget development and provide traders guidance and insight into the M&T hedging program.As well as trains and supports team members in less complex analysis.
2. Plays a pivotal role as Subject Matter Expert, analyst, providing direction and/or training to less experienced analysts on production cost modeling and internal processes.
3. Develops and presents information and/or presentations to leaders and executives with minimal management oversight and a high degree of autonomy, highlighting or recommending resource plan alternatives based on market trends and conditions, wholesale market changes or other analytical findings critical to the business.
4. Leads teams in evaluating resource plans, market changes or other complex analysis that requires input from Legal department, Regulatory, Resource Management, Fossil Generation, and/or Middle and Back Office, etc.
5. In a highly professional manner, performs analysis to optimize the timing of generation outages, determine economic power transactions, and assist traders in developing strategies for serving APS load obligations in the most cost effective manner that also supports system reliability.
6. Performs advanced quantitative analysis using production cost models to develop a comprehensive resource plan, support trading and fuel procurement, implement the hedge plan or produce the corporate Fuel Budget.
7. Researches and analyzes historic and forecasted market data, including pricing and trends to develop forecasts and analytical and mathematical models and analysis to support business unit performance improvement plans and efforts.
8. With minimal review but a high degree of autonomy, develops detailed and complex reports, such as the Integrated Resource Plan or topic specific white papers, to support business unit initiatives and decision making involving capital expenditures, major commercial commitments and changes in operating strategy.
9. Provides technical and advanced quantitative methods in support of system operations, trading, middle office, and risk management functions.
10. Provides leadership to produce effective project teams, and ensures the development of a cooperative culture that supports team accomplishments and eliminates barriers and roadblocks.
11. With significant autonomy, influences the strategic direction of the Companys planning efforts and provides project management among numerous APS departments regarding the planning and eventual implementation of such resources
12. Maintains and focuses others on ahigh awareness and understanding of key internal business functions, personnel, business improvement opportunities, key industry issues, key stakeholders, regulators, and technology trends.
13. With a high degree of autonomy and credibility (due level of expertise), participants in industry forums involving activities that affect the energy markets to provide input for changes and to understand impacts to APS.

Export Compliance / EEO Statement

This position may require access to and/or use of information subject to control under the Department of Energy's Part 810 Regulations (10 CFR Part 810), the Export Administration Regulations (EAR) (15 CFR Parts 730 through 774), or the International Traffic in Arms Regulations (ITAR) (22 CFR Chapter I, Subchapter M Part 120) (collectively, 'U.S. Export Control Laws'). Therefore, some positions may require applicants to be a U.S. person, which is defined as a U.S. Citizen, a U.S. Lawful Permanent Resident (i.e. 'Green Card Holder'), a Political Asylee, or a Refugee under the U.S. Export Control Laws. All applicants will be required to confirm their U.S. person or non-US person status. All information collected in this regard will only be used to ensure compliance with U.S. Export Control Laws, and will be used in full compliance with all applicable laws prohibiting discrimination on the basis of national origin and other factors. For positions at Palo Verde Nuclear Generating Stations (PVNGS) all openings will require applicants to be a U.S. person.

Pinnacle West Capital Corporation and its subsidiaries and affiliates ('Pinnacle West') maintain a continuing policy of nondiscrimination in employment. It is our policy to provide equal opportunity in all phases of the employment process and in compliance with applicable federal, state, and local laws and regulations. This policy of nondiscrimination shall include, but not be limited to, recruiting, hiring, promoting, compensating, reassigning, demoting, transferring, laying off, recalling, terminating employment, and training for all positions without regard to race, color, religion, disability, age, national origin, gender, gender identity, sexual orientation, marital status, protected veteran status, or any other classification or characteristic protected by law.

For more information on applicable equal employment regulations, please refer to EEO is the Law poster. Federal law requires all employers to verify the identity and employment eligibility of every person hired to work in the United States, refer to E-Verify poster. View the employee rights and responsibilities under the Family and Medical Leave Act (FMLA).

In compliance with the Drug Free Workplace Act of 1988, the Company is committed to a work environment that is free from the effects of alcohol and controlled substances, and free from the abuse or inappropriate use of prescribed and over-the-counter medications. The Company requires employees to be subject to drug and alcohol testing that is job-related and consistent with business necessity, regulatory requirements and applicable laws.

Hybrid:Employees in hybrid roles work both in their home offices (virtually) and alongside their colleagues (in person).

In order for employees to build strong relationships and to promote meaningful in-person interactions, hybrid employees are expected to work about 40% of their time in-person at an APS or other (non-home office) location.

• Employees are expected to reside in Arizona (or New Mexico for Four Corners-based employees).
• Working from a home office requires adequate technology and an appropriate ergonomic set up.
• Role types are subject to change based on business need.

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