Senior Transmission Cost Modeling & Planning Analyst

Xcel Energy Inc; Minneapolis (MN); Hybrid; USD 98,000 - 139,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Dependant Care Reimbursement Account

Health Savings Account (HSA)

401(k) plan

Paid time off

Job summary

Xcel Energy Inc is seeking a Transmission Production Cost Modeling Analyst to shape the future of our electric power system. You will prepare and direct economic transmission planning using PROMOD and other tools to serve regulatory filings, reduce costs, and support budgeting.

You will work with senior modelers on transmission analyses, data verification, and forecasting to ensure accurate assessments of congestion, curtailment, and system impacts across planning horizons.

Qualifications

• Bachelor's degree in electrical engineering, economics, mathematics, physics, quantitative analysis, business or related discipline or equivalent experience.
• At least 5 years of experience in analyzing transmission systems including 3 years in wholesale energy markets using financial tools/production simulation software.
• Must have advanced quantitative analysis skills and extensive knowledge in the systems and software required for such analyses.

Responsibilities

• Assist in development of energy market forecasts for electric transmission development to support long range plans, regulatory filings, and reduce congestion.
• Support the develop production cost inputs into transmission modeling for electric system planning purposes.
• Work with senior Modelers to perform electric system transmission modeling analyses to independently evaluate activities of Xcel Energy's operating companies, from a Risk Management perspective.
• Perform monthly assessment of resource congestion and curtailment.
• Investigate and develop new techniques to improve economic transmission planning processes.
• Maintain and verify all input data for the transmission production cost modeling team.

Skills

Advanced quantitative analysis

Regulatory/market knowledge

Education

Bachelor's degree in electrical engineering, economics, mathematics, physics, quantitative analysis, business or related discipline

Tools

PROMOD

Spreadsheet software

Database software

Job description

Xcel Energy Inc is seeking a Transmission Production Cost Modeling Analyst to shape the future of our electric power system. You will prepare and direct economic transmission planning using PROMOD and other tools to serve regulatory filings, reduce costs, and support budgeting.

You will work with senior modelers on transmission analyses, data verification, and forecasting to ensure accurate assessments of congestion, curtailment, and system impacts across planning horizons.