Senior Resource Planning & Modeling Analyst

Xcel Energy; Denver (CO); On-site; USD 84,000 - 159,000; Full time

Benefits offered by this job

Medical/Pharmacy Plan

Dental

Vision

Pension

401(k) plan

Paid time off

Holidays

Tuition reimbursement

Job summary

Xcel Energy is seeking a Resource Planning Analyst at multiple levels to develop and run long-range models, analyze generation options, and support regulatory filings. You will work with forecasting, risk, trading, gas and coal supply teams to integrate short- and long-term considerations into optimal resource plans.

The role emphasizes quantitative analysis, stochastic optimization, and keeping pace with evolving generation technologies and policy changes.

Qualifications

• Bachelor’s degree in engineering, finance, economics, operations research, mathematics, or business.
• Two years energy industry experience or equivalent with large optimization/forecasting models.
• Five or more years related work experience for Analyst II.
• Eight years utility experience for Senior Analyst with modeling experience.

Responsibilities

• Develop, run, and maintain long-range resource planning models.
• Produce quantitative analyses for executives and regulatory filings.
• Implement stochastic simulations to assess cost variance across generation options.
• Coordinate with Forecasting, Risk Management, Trading, Gas and Coal Supply for planning.
• Ensure fuel costs and production costs reflect current contract terms and capabilities.
• Research new quantitative optimization techniques for resource planning.
• Maintain knowledge of emerging generation technologies and policy developments.

Skills

Resource planning

Monte Carlo simulations

Quantitative analysis

Forecasting

Cross-functional collaboration

Education

Bachelor’s degree in engineering, finance, economics, operations research, mathematics, or business

Tools

EnCompass

PLEXOS

Aurora

EGEAS

Job description

Xcel Energy is seeking a Resource Planning Analyst at multiple levels to develop and run long-range models, analyze generation options, and support regulatory filings. You will work with forecasting, risk, trading, gas and coal supply teams to integrate short- and long-term considerations into optimal resource plans.

The role emphasizes quantitative analysis, stochastic optimization, and keeping pace with evolving generation technologies and policy changes.