Resource Planning Analyst (Principal - Staff) | INTEGRATED RESOURCE PLANNING (IRP)

AEP

Columbus (OH)

Hybrid

USD 99,000 - 151,000

Full time

7 hours ago
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Job summary

American Electric Power is seeking a Resource Planning Analyst to advance Integrated Resource Planning, optimizing generation portfolios including renewables, BESS, and traditional resources. You will build model inputs, evaluate plans, and present findings to management, while collaborating with regulatory staff and external stakeholders.

The role requires handling complex resource planning studies, developing reports for CPCN filings, and contributing to regulatory testimony.

Qualifications

  • Bachelor's degree in an analytical field is required.
  • Minimum three years of resource planning experience is required.
  • Experience with production cost and resource optimization models is preferred.

Responsibilities

  • Initiate and conduct complex resource planning studies and analyses.
  • Develop inputs for production cost models, RFP evaluations and CPCN filings.
  • Prepare testimony and support witnesses for regulatory proceedings.
  • Collaborate with state regulatory staff and other stakeholders.
  • Communicate complex resource planning concepts to internal and external groups.

Skills

Advanced data analysis
Regulatory communication
Stakeholder collaboration

Education

Bachelor's degree in engineering, mathematics, computer science, or business

Tools

PLEXOS
Promod
Aurora
Power BI
Python
R
MATLAB
SAS
SQL

Job description

Location: Columbus, OH

Category : Accounting & Finance

Job Summary

Are you ready to shape the future of energy? Join American Electric Power's Integrated Resource Planning (IRP) team and play a pivotal role in transforming how we meet growing electricity demands across our service territories. As a Resource Planning Analyst, you'll be at the forefront of evaluating and optimizing the mix of power generation resources including renewables, battery energy storage systems (BESS), nuclear resources including small modular nuclear reactors, gas turbines, and emerging technologies that will power millions of homes and businesses.

In this role you will be actively engaged in planning for the energy portfolios of tomorrow by managing the preparation of Integrated Resource Plans by obtaining plan content from contributors outside of the Resource Planning organization and developing model input. Evaluating power supply alternatives and presenting findings to higher levels of management. Designing and performing other modeling related studies and analyses. Developing testimony and supporting witnesses in regulatory proceedings.

Participate in meetings with outside stakeholders when required by state specific rules in developing operating company resource plans.

Job Description

WHAT YOU'LL DO

This position is considered an expert in this area within the organization and will initiate, direct and complete power generation resource planning activities including the preparation of inputs to, and the analysis of outputs from, detailed production cost and resource optimization models and the associated analyses for existing and new generation resources, energy efficiency alternatives, fuel and purchased power projections used in Integrated Resource Planning filings, Request for Proposal (RFP) evaluations, corporate strategy discussions, Certificate of Public Convenience and Necessity (CPCN) filings, and other regulatory proceedings.

  • Initiate and conduct complex generation resource planning studies and analyses.
  • Complete power generation resource optimization and production cost modeling simulation studies for IRPs, RFPs, corporate strategy, and other purposes.
  • Possess an expert knowledge of modeling resources and techniques to be used in completing resource planning analyzes and to implement process improvements.
  • Possess an expert knowledge of Regional Transmission Organization (RTO) rules, policies and procedures and ensure modeling efforts incorporate and reflect those requirements.
  • Possess an expert knowledge of various generation supply and demand side alternatives utilized in resource planning analyses, including modeling energy efficiency, demand response, and intermittent resources (renewables) for production costing and resource planning purposes.
  • Develop, prepare, guide and approve reports and analyses in support of regulatory reporting requirements, including Integrated Resource Plans and interrogatory responses.
  • Collaborate with Resource Planning key stakeholders, including state regulatory staff personnel, to address Integrated Resource Planning issues or concerns.
  • Communicate complex resource planning concepts, data and analyses to internal and external stakeholder groups as a part of the resource plan development process.
  • Participate as an AEP resource planning expert in RTO or reliability council working groups or tasks forces.
  • Develop methodologies for measuring or analyzing portfolio related risks (stochastics) and be able to apply and document risk analyses for resource planning purposes.
  • Develop process improvement processes that add efficiencies to the model input, optimization and results reporting.
  • Develop testimony and support witnesses in regulatory proceedings.
  • Develop professional working relationships with Operating Company staff and AEPSC departments that are interacted with on a regular basis including Regulatory Services, Commercial Operations; Fuel, Emissions & Logistics; Engineering; Financial Forecasting; Finance; Environmental Services; and Strategic Policy Analysis.
  • Develop a working relationship with software technical support personnel to resolve modeling issues and make recommendations to enhance modeling performance.
  • Research and manage industry issues/developments that may impact resource planning or production costing studies and analyses.

An example of a recent Integrated Resource Plan and the associated Public Stakeholder Process can be found here: Indiana and Michigan Integrated Resource Plan

Technical Skills and Tools

Candidates should demonstrate strong proficiency in:

  • Energy Planning Platforms (such as PLEXOS, Promod, Aurora) – developing and executing the optimization of energy resources
  • Microsoft Office product suite (Excel, Word, PowerPoint) – advanced data analysis and presentation development
  • Programming – Proficient in programming languages such as Python, R, MATLAB, SAS or SQL.
  • Familiarity with Power BI is preferred

WHAT WE'RE LOOKING FOR

Based on education, experience, interview and internal equity, this opportunity will be filled commensurately at either title. For this posting, minimum requirements are stated at the lower grade. Increased expectations are at the higher grade.

Resource Planning Analyst Staff (grade (9): base salary = $117K - $151K)

Resource Planning Analyst Principal (grade 8) : base salary = $99K - $128K

Education: Bachelor's degree in an analytical-field such as engineering, mathematics, computer science, or business (e.g. accounting, finance, economics); OR,

Bachelor's degree in a non-analytical field with two (2) years of analytical experience.

Experience:

  • Three (3) years as a Resource Planning Analyst Sr OR nine (9) years of related resource planning experience (in addition to the experience identified above),
  • Specifically in generating plant operations or construction, renewable energy, energy efficiency, commercial operations, RTO operations, or transmission engineering/operations.
  • An advanced degree in an analytical field such as engineering, mathematics, computer science, or business (e.g. accounting, finance, economics) will be considered to be two (2) years of relevant experience.

OTHER REQUIREMENTS:

  • Ability to work occasional overtime (weekend/evenings) and/or work remotely
  • Occasional overnight travel may be required.

WHAT YOU'LL GET

Base Salary: $99K - $151K

In addition to base salary, AEP offers competitive Total Rewards including: discretionary short-/long-term incentives, 401(k), pension, health insurance, vacation, educational assistance, etc.

WHO WE ARE

At AEP, we're more than just an energy company - we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!

AMERICAN ELECTRIC POWER (on-site)

$99K - $151K / Year

Compensation

$98,993.00 - $128,000.00

Physical Demands

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

Equal Employment Opportunity

It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

AEP offers an outstanding group of people to be a part of. The AEP culture values your integrity and awards your hard work.

The Tax Manager / Tax Senior Manager - Accounting and Reporting is responsible for supporting income tax accounting matters, including the monthly income tax provision, quarterly/annual reporting, and SOX controls processes. They will plan, organize, and lead a team focusing on staff development and process improvements. They will also lend support in areas such as tax forecasting, tax compliance, audits and legislative impacts, and regulatory matters.

Supports the O&M and Capital budgeting process, reprojections, variance/other standard/ad-hoc reporting and analysis, and the improvement requisition process for a business unit(s), corporate group(s), operating company(ies) and/or for AEP Consolidated. Includes providing support of the related planning, budgeting and reporting applications and the billing/allocation processes. Note: A Sr. budget analyst will be required to support all activities and will typically support multiple groups.

Prepare financial forecasts, variance analyses, regulatory filings, and ad hoc analysis of strategic opportunities. Analyze and make recommendations on regulatory and general business strategy. Develop/manage staff.

AEP offers generous time off, competitive pay, and educational opportunities to help employees advance their careers.

Our culture is purpose-driven and team-oriented: we combine innovation with a customer-first focus to deliver reliable energy and brighter futures.

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