Lead Analyst, Energy Supply
10/15/2024Locations Westwood, Massachusetts; Berlin, Connecticut
Job Description
Lead Analyst, Energy Supply
10/15/2024Locations: Westwood, Massachusetts; Berlin, Connecticut
Role and Scope of Position:
The Lead Analyst, Energy Supply will be a key member of the Company’s wholesale power department which manages over $2 billion in annual electric power supply and Renewable Energy Credit (REC) purchases. This role will act in supervisory roles and perform key analytical tasks supporting electric power supply and REC procurements for customers in Massachusetts, New Hampshire, and Connecticut. This position will also assist in executing the ongoing strategy associated with the procurement of energy and environmental attributes under increasing clean energy and decarbonization targets instituted by the New England states as well as evaluate emerging market trends, policy initiatives, and disruptive technologies.
The applicant will join a fast paced, very collaborative work environment that is ideal for self-starters who enjoy intellectually challenging work.
Essential Functions:
- Team supervision of technical analysis and data management supporting the RFP process for procuring electric power supply and clean energy attributes.
- Track energy and REC prices in New England and provide relevant metrics and calculations to internal departments, such as accounting, treasury, and legal.
- Participates in NEPOOL and regional committees to develop recommendations affecting markets and/or reliability rulemaking.
- Support the process to sell Eversource’s Hydro Quebec Phase I/II Transmission Capacity Use Rights via a competitive RFP process.
- Support the Director and/or the Manager, Wholesale Electric Supply, in testimony and/or presentations to senior management and regulatory/state agencies on issues associated with energy strategy.
- Collaborate across multiple organizations to develop and implement plans in support of company’s strategic goals.
- Review pending energy-related legislation and provide recommendations used to develop corporate positions.
- Administer power supply contracts, including regulatory compliance and monthly invoicing.
- Work closely with regulatory, government affairs, and legal departments related to the administration of power supply and REC contracts.
- Assist in the development of presentations for Eversource senior management and outside stakeholders.
Technical Knowledge/Skill/Education/Licenses/Certifications:
Technical Knowledge
- Experience and expert knowledge in wholesale electricity markets (energy, capacity, and ancillary services) operated by ISO-New England.
- Knowledge of the utility regulatory processes in Massachusetts, New Hampshire, and Connecticut—along with the role that utilities play in decarbonization targets established by these states.
- Awareness of conventional and renewable power generation technology costs and performance profiles.
- Understanding of Renewable Portfolio Standards (RPS), Clean Energy Standards, and decarbonization targets in Massachusetts, New Hampshire, and Connecticut.
- Experience in contract administration and contract management.
- General knowledge of utility economics and finance.
Skills
- Proficiency in Microsoft Office 365 applications, with a particular emphasis on Microsoft Excel modelling and analytics.
- Excellent written and oral communication skills; ability to work well within all levels of the enterprise.
- Expert ability to research and analyze data, determine relevant factors associated, and concisely summarize both key quantitative and qualitative implications for senior management in an efficient and accurate manner.
- Ability to communicate effectively with other Eversource departments on power supply issues.
- Ability to develop testimony and answer data requests for regulatory bodies.
- Ability to communicate effectively with legal staff regarding issues that require regulatory approval or could result from or lead to litigation.
- Exceptional project management skills
- Ability to interact and develop relationships with external business partners.
- Proficiency in evaluating RFP bids leading to contracts.
- Proficient at understanding and interpreting complex power purchase agreements.
- Ability to work independently with minimal supervision while leading various workstreams.
- Demonstrated high standard of professional technical competence related to the utility industry; energy markets, and general applicable regulatory regimes.
- Demonstrated leadership skills.
Education
- A bachelor's degree in engineering, economics, business administration or related discipline. A master’s degree in business administration, economics, is desirable.
Experience
- Eight or more years of related experience
Licenses & Certifications:
- N/A
Working Conditions:
- Must be available to work emergency storm assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
Eversource Energy offers a competitive total rewards program. The annual salary range for this position is $135,770-$150,850, plus incentive. Salary is commensurate with your experience. Please check our career site for an overview of our benefits.
#corpajd
#LI-RL1
Worker Type:
RegularNumber of Openings:
1EEO Statement
Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.
VEVRRA Federal Contractor
Emergency Response:
Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
Overview
Eversource is always looking for employees who share the values that help make us one of the leading energy companies in the country. Our Corporate areas work collaboratively and strategically with all areas of the business to set policy and drive strategic direction. We create value for our business areas by delivering consistent, quality, cost-effective services, and leading change to build a more engaged workplace and a performance culture. You'll have a variety of opportunities to further your career. We have a great working environment, excellent compensation and benefit programs, and opportunities for growth and development.
Learn more about careers in IT, Finance/Accounting, Legal, Human Resources and Corporate Relations.
About us
Success Profile
What makes a successful Corporate member?
Check out the top traits we're looking for and see if you have the right mix.
- Collaborative
- Customer Focus
- Team Player
- Adaptable
- Detail Oriented
- Positive
Culture
Our goal is to remain the best energy company in the nation, and to be the first with carbon-neutral operations by 2030.
We will achieve this by valuing the diversity of employees who bring different perspectives to the table. We are committed to:
- Creating an inclusive workplace where all employees, customers and stakeholders are respected and valued.
- Leveraging the talent, unique perspectives, cultural and life experiences of every employee to ensure our continued success.
- Attracting, developing and retaining a diverse workforce that can work together to meet the changing needs of the customers we serve while delivering reliable energy and superior customer service.
Over the past year, Eversource and employees contributed:
103 events with more than 23,000 hours and 4,900 employees—that's what Eversource volunteers accomplished in 2021 to help our communities across CT, NH, and MA. Whether it was collecting food for the holidays, passing out food in a local kitchen, or pulling trash out of the Connecticut River, we were there. Take a look at some highlights in this video.
Employee Quotes
Job Description
Lead Analyst, Energy Supply
10/15/2024Locations: Westwood, Massachusetts; Berlin, Connecticut
Role and Scope of Position:
The Lead Analyst, Energy Supply will be a key member of the Company’s wholesale power department which manages over $2 billion in annual electric power supply and Renewable Energy Credit (REC) purchases. This role will act in supervisory roles and perform key analytical tasks supporting electric power supply and REC procurements for customers in Massachusetts, New Hampshire, and Connecticut. This position will also assist in executing the ongoing strategy associated with the procurement of energy and environmental attributes under increasing clean energy and decarbonization targets instituted by the New England states as well as evaluate emerging market trends, policy initiatives, and disruptive technologies.
The applicant will join a fast paced, very collaborative work environment that is ideal for self-starters who enjoy intellectually challenging work.
Essential Functions:
- Team supervision of technical analysis and data management supporting the RFP process for procuring electric power supply and clean energy attributes.
- Track energy and REC prices in New England and provide relevant metrics and calculations to internal departments, such as accounting, treasury, and legal.
- Participates in NEPOOL and regional committees to develop recommendations affecting markets and/or reliability rulemaking.
- Support the process to sell Eversource’s Hydro Quebec Phase I/II Transmission Capacity Use Rights via a competitive RFP process.
- Support the Director and/or the Manager, Wholesale Electric Supply, in testimony and/or presentations to senior management and regulatory/state agencies on issues associated with energy strategy.
- Collaborate across multiple organizations to develop and implement plans in support of company’s strategic goals.
- Review pending energy-related legislation and provide recommendations used to develop corporate positions.
- Administer power supply contracts, including regulatory compliance and monthly invoicing.
- Work closely with regulatory, government affairs, and legal departments related to the administration of power supply and REC contracts.
- Assist in the development of presentations for Eversource senior management and outside stakeholders.
Technical Knowledge/Skill/Education/Licenses/Certifications:
Technical Knowledge
- Experience and expert knowledge in wholesale electricity markets (energy, capacity, and ancillary services) operated by ISO-New England.
- Knowledge of the utility regulatory processes in Massachusetts, New Hampshire, and Connecticut—along with the role that utilities play in decarbonization targets established by these states.
- Awareness of conventional and renewable power generation technology costs and performance profiles.
- Understanding of Renewable Portfolio Standards (RPS), Clean Energy Standards, and decarbonization targets in Massachusetts, New Hampshire, and Connecticut.
- Experience in contract administration and contract management.
- General knowledge of utility economics and finance.
Skills
- Proficiency in Microsoft Office 365 applications, with a particular emphasis on Microsoft Excel modelling and analytics.
- Excellent written and oral communication skills; ability to work well within all levels of the enterprise.
- Expert ability to research and analyze data, determine relevant factors associated, and concisely summarize both key quantitative and qualitative implications for senior management in an efficient and accurate manner.
- Ability to communicate effectively with other Eversource departments on power supply issues.
- Ability to develop testimony and answer data requests for regulatory bodies.
- Ability to communicate effectively with legal staff regarding issues that require regulatory approval or could result from or lead to litigation.
- Exceptional project management skills
- Ability to interact and develop relationships with external business partners.
- Proficiency in evaluating RFP bids leading to contracts.
- Proficient at understanding and interpreting complex power purchase agreements.
- Ability to work independently with minimal supervision while leading various workstreams.
- Demonstrated high standard of professional technical competence related to the utility industry; energy markets, and general applicable regulatory regimes.
- Demonstrated leadership skills.
Education
- A bachelor's degree in engineering, economics, business administration or related discipline. A master’s degree in business administration, economics, is desirable.
Experience
- Eight or more years of related experience
Licenses & Certifications:
- N/A
Working Conditions:
- Must be available to work emergency storm assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
Eversource Energy offers a competitive total rewards program. The annual salary range for this position is $135,770-$150,850, plus incentive. Salary is commensurate with your experience. Please check our career site for an overview of our benefits.
#corpajd
#LI-RL1
Worker Type:
RegularNumber of Openings:
1EEO Statement
Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.
VEVRRA Federal Contractor
Emergency Response:
Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
Benefits
Eversource employees are committed to providing reliable energy and superior customer service—and that's why we are committed to providing our employees with a highly competitive total rewards package. In addition to wages and salaries, the benefit programs Eversource offers its employees and family members are a significant part of the total rewards.
Healthcare, Wellness & Disability Protection for you and your Family
- Comprehensive Medical, Prescription, Dental, and Vision Plans, choose the coverage that is right for you and your family
- High deductible health plan option, with generous health savings account (HSA), employer contribution, ($500 individual; $1,000 employee +1 or more)
- Company-paid employee life and accident insurance and options to purchase additional coverage for you and your family
- An award-winning Wellness Program provides up to $200 annually for employees and spouses to adopt and maintain healthy lifestyles
- Health and Dependent care reimbursement accounts
- Sick Time, Short-Term & Long-Term Disability Plans
Work/Life Balance Benefit Programs
- Employee Assistance Program (EAP)
- Multi-faceted Behavioral Health Program
- Care@Work Program (child/elder care), membership/stipend for emergency services
- Adoption Assistance (eligible employees)
- Tuition Reimbursement, Student Loan Refinancing & Student Debt Counselling
- Voluntary benefits platform to access discounted home & auto, identity protection and pet insurance
- Charity donation gift matching
- Volunteer hours at local charities with rewards to our Wellness Program
- Generous time off
- Business Resource Groups for social connection and career development
Retirement Benefits for a Secure Future
- 401k: Up to 100% Employer Match on first 3% of employee's contributions
- K-Vantage: Additional Employer Contribution to the 401k based on age and years of service (2.5% to 6.5%)
- Med-Vantage HRA: Age 40+, receive annual $1,000 contribution to an HRA for post-employment qualified medical expenses