Senior Load Forecast Analyst I

Central Electric Power Cooperative, Inc.; Columbia (SC); On-site; USD 98,000 - 110,000; Full time

Job summary

Central Electric Power Cooperative, Inc. in Columbia, South Carolina seeks a forecasting professional to provide a wide range of forecasting and business planning support.

You will deliver delivery-point forecasts and manage a broad set of databases used in forecasting and planning efforts. The role requires strong quantitative andExcel skills, 5 years of utility load forecasting experience, and the ability to communicate complex analyses to stakeholders.

Qualifications

• Bachelor’s degree in business, economics, engineering or mathematics.
• 5 years of utility load forecasting experience.
• Experience with linear regression models required.
• Strong Excel skills required.

Responsibilities

• Prepares Central’s load forecast using econometric analysis and presents results to stakeholders.
• Updates annual substation level forecasts and coordinates with system models.
• Maintains database for annual system load forecast and provides data to wholesale suppliers.
• Updates CoopData database used for wholesale power costs and planning.
• Monitors Reserve Margin Analysis and capacity status of the Joint System.
• Coordinates information sharing with wholesale suppliers and Central staff.
• Provides analytical support to Central and Member Cooperatives.
• Ensures forecasting databases are accurate and up-to-date.
• Performs other duties as assigned.

Skills

Quantitative analysis

Presentation skills

Technical writing

Deadline pressure

Collaboration

Forecasting experience (SAE)

Itron Metrix

Education

Bachelor's degree in business/economics/engineering/mathematics

Tools

SAE forecasting

Itron Metrix

Job description

Position Summary

Provides a wide range of forecasting and other business planning support services to Central and its Member Cooperatives. Provides delivery point forecasts. Manages the development and maintenance of a wide range of databases used in the preparation of forecasting and other services.

Employment Type

Full-Time

Compensation

$98,000 - $110,000

Department

Power Supply

Location

Columbia, South Carolina

Essential Duties and Responsibilities

• Prepares Central’s load forecast. Work consists of extensive econometric analysis, producing the forecast, generating the final report, and presentation of the forecast to a wide variety of stakeholders. Utilizes skills in modeling and regression analysis to assist staff in forecast preparation.
• Updates annually substation level forecasts. Reviews modeling requirements and evaluates new facilities to be included in system models. Ensures that transmission service plans are coordinated with load forecast data.
• Creates and/or reviews database required for the annual system load forecast. Provides Central data to wholesale suppliers, review the results of the forecast, and recommends approval to senior management.
• Updates the CoopData database that is the source of load forecast data for Wholesale Power Costs and Finance Department planning.
• Maintains Central’s Reserve Margin Analysis, keeping the department up to date on the capacity status of the Santee Cooper/Central Joint System.
• Coordinates between wholesale suppliers and Central staff to comply with the information sharing provisions.
• Performs analytical support to Central and Member Cooperatives.
• Ensures that Central economic, demographic, and load forecasting databases used in all the forecasts stated above and other projects are properly maintained.
• Performs other incidental and related duties as required and assigned.

Knowledge, Skills And Abilities

• Strong quantitative analysis skills.
• Good formal presentation and technical writing abilities required.
• Ability to work under pressure and immediate deadlines.
• Strong collaborative skills
• Reports, studies, economic analyses and forecasts all require accuracy and detail.
• Strong internal drive for excellence and service orientation are preferred.
• Experience with SAE forecasting and Itron Metrix products is preferred.

Education And Work Experience

• Bachelor’s degree in business, economics, engineering, mathematics
• 5 years prior experience in utility load forecasting
• Experience with linear regression models required
• Strong Excel skills required