Price Forecasting Advisor

Typical Responsibilities: Provide operational coverage for forecasting short-term Locational Marginal Prices and Ancillary Service (e.g. Regulation Up, Regulation Down, Spinning Reserve, and Non-Spinning Reserve) prices; Support and maintain existing statistical forecast models and develop new models to improve forecast performance; Analyze current pricing trends and propose, vet, and implement resource and load bidding strategies in partnership with Senior Leadership; Provide operational coverage for forecasting short-term load forecasts as needed Provide system development and maintenance support for SCE's forecasting models and other analytical tools; Partner and collaborate with the Trading, Day-ahead & Real-Time Operations, and Resource Optimization groups within EPM to perform and manage short-term procurement tasks, including, but not limited to power trading, gas scheduling, position management, and resource bidding; Work collaboratively across the entire organization, supporting efforts with subject matter experts (e.g. Portfolio Planning and Analysis groups) Partner and collaborate with the Strategy, Planning, and Operational Performance organization to shape and forecast longer term forecasts used in position management; Partner and collaborate with the Customer Programs and Services organization to develop price forecasts for behind-the-meter DERs; Support EPM's Systems and Analytics group as needed; Maintain a safety conscious work environment by following Edison safety protocols and safe work practices; and Perform other duties and responsibilities as assigned. Qualifications   Minimum Qualifications Bachelor's (BA/BS) degree in Engineering, Economics, Statistics, Mathematics, Operations Research, Computer Science, or a related quantitative field; Seven years of electric experience in power procurement, power systems operations, and/or wholesale power market operations, particularly in California; Five years of statistical and quantitative analysis experience; Three years of project direction and/or project managementexperience in large complex work environments; Experienceforecasting, planning, and analyzing market trends; and Experience with leading teams, communication, presentation, and negotiating  to build consensus with stakeholders to develop and maintain partnerships with support organizations and senior management. Desired Qualifications Graduate degree in  Engineering, Economics, Statistics, Mathematics, Operations Research, Computer Science, or a related quantitative field; Seven or more years in quantitative analytics related to energy markets; Experience developing financial models for valuing assets in competitive power, capacity, and natural gas markets; Basic understanding of security-constrained unit commitment and economic dispatch as well as transmission level impact to market prices; and PMP or equivalent project/program management credentials. 71023220
Salary Range: NA
Minimum Qualification
8 - 10 years

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