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PSEGLI Load Forecast Specialist

Date: Jun 5, 2019

Location: Hicksville, NY, US

Company: PSEG

Requisition ID:  54761 

Job Function/Category:  Power Markets 

Employment Type:  Non-Exempt Full Time 

This is an exciting time to be joining PSEG. Our commitments, which include safety, integrity, customer focus, and diversity & inclusion, are the fabric of our culture and help drive the success of our business. We are fortunate to have an outstanding workforce of diverse and highly skilled talent who move us forward in our operational excellence journey.  PSEG has more than 12,000 employees who are dedicated to the communities we serve and embody our vision: People providing Safe, Reliable, Economic and Greener Energy.

 

PSEG is a diversified energy company headquartered in Newark, N.J. Established in 1903. The company has long had a key role in fueling New Jersey's economy and supporting the state's quality of life. Public Service Electric and Gas (PSE&G) is New Jersey's largest provider of electric and gas service – serving 2.2 million electric customers and 1.8 million gas customers. Another member of the PSEG family of companies, PSEG Long Island, operates the electric transmission and distribution system of the Long Island Power Authority, with 1.1 million customers.

PSEG also owns and operates a diverse fleet of power plants with approximately 10,600 megawatts of generating capacity located primarily in the Mid-Atlantic and Northeast regions and has solar energy facilities throughout the United States.

PSEG is a Fortune 500 company included in the S&P 500 Index and is a decade-long member of the Dow Jones North America Sustainability Index. PSEG has approximately 13,000 employees, who are carrying forward a proud tradition of dedicated service that has continued over more than 100 years.

 

Position Description:

This position provides analytical support to the Power Markets organization, which includes developing forecasts of electricity use for 1.1 million Long Island customers with annual sales of over 18,000 GWH and a summer peak load of 5,400 MW.

 

Candidates will interact with all members of Power Markets as well as colleagues in Finance, Energy Efficiency, Electric Operations and with Long Island Power Authority (LIPA), New York Independent System Operator (NYISO) and New York State Dept. of Public Service (DPS). The range of activities for this position may run from analyzing and explaining customer electric use to acting as lead with other PSEG Long Island organizations for financial, resource and reliability planning. The candidate is expected to become the subject matter expert (SME) and to be able to coach and lead others. 

 

Duties include (but not limited to):

  • Monitor electricity use, weather, economic and demographic results and develop variance analyses for reporting to PSEGLI, LIPA and DPS each month.
  • Participate on the NYISO’s Load Forecasting Task Force (LFTF) to ensure compliance with federal, regional and New York State regulatory requirements for reliability.
  • Prepare written testimony and exhibits supporting PSEGLI’s load forecast for DPS Rate Cases.
  • Respond to requests from federal, regional, state and local authorities for historical and forecasted utility data and analyses.
  • Develop regression models for the weather normalization and probabilistic distribution of System Peak Demand.
  • Create spatial load, load pocket, feeder and extreme weather forecast projections to support of Distributed System Implementation Plan (DSIP) goals under the NYS DPS Reforming the Energy Vision (REV) initiative.
  • Prepare operational analyses and provide recommendations for deployment of real time peak load reduction programs.
  • Support regulatory proceedings and forecast requirements for Fuel & Purchase Power Cost Projections, Capital Budgets, PSEGLI Integrated Resource Plan, LIPA Financing & Securitization and various ISO filings including FERC 715.
  • Develop hourly electric load simulations for production cost modeling.
  • Support other PSEG LI organizations by providing expertise in probability & statistics.

 

Education and Qualifications (required):

  • Bachelor’s degree in Mathematics, Economics, Engineering, Computer Science, or a similar quantitative major.
  • Proficient in Microsoft Excel.
  • High competence with SAS, R, S-Plus, MATLAB, SPSS, Python or another statistical software package.
  • Strong analytical skills and attention to detail.
  • Excellent problem solving and decision making ability.
  • Excellent organizational skills with ability to handle multiple duties simultaneously.
  • Ability to effectively communicate at all levels.
  • Candidate must foster an inclusive work environment and respect all aspects of diversity.
  • Successful candidate must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices.
  • This position requires driving to company locations and off-site assignments and events, applicants must possess a valid driver’s license with a safe and satisfactory driver history.
  • Immigration Support will not be provided in association with this position now or in the future

     

Desired:

  • Master’s degree in a quantitative discipline and/or MBA.
  • Familiarity with Energy and/or Utility Industry. 
  • Industry experience with regression and econometric modeling.
  • Strong general understanding of electric load forecasting, load research and energy efficiency.
  • Working knowledge of NYISO.

 

If an internal candidate is selected they will move laterally at their current grade level and will not be eligible for a promotion at the time of accepting this position.  This applies to candidates moving within the same career path (e.g., analyst, supervisor, engineer), or to a different career path (e.g., analyst to engineer, supervisor to analyst).  The selected candidate will have an opportunity to be promoted within the career path during an annual review.

 

As an employee of PSE&G or PSEG Long Island, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

This site (http://www.pseg.com) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through empower which can be accessed through the mypseg homepage by clicking on the employee center tab, then under the empower header, choose careers.

Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.

Certain positions at the Company may require you to have access to Part 810-Controlled Information.  Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information.  Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made.  If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.

Public Service Enterprise Group (PSEG) is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legal protected characteristic. Legally protected characteristics included, race, color, religion, national origin, sex, age, marital status, sexual orientation, disability, or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

Need to request an accommodation?

If you have a disability and need assistance submitting your resume, applying for a position or registering for a test, please call 973-430-3845. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.


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