Contract Origination Analyst - CPE

Requisition ID # 153842 

Job Category: Business Operations / Strategy 

Job Level: Individual Contributor

Business Unit: Energy Policy & Procurement

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Washington; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Energy Policy and Procurement (EPP) organization procures energy-related products and manages PG&E’s policy activities for energy proceedings, actively participating in regulatory and legislative proceedings that shape the design and implementation of state, regional, and federal energy regulations, and policy. In addition, EPP is responsible for long-term planning, risk management, and compliance functions related to PG&E’s energy portfolio.

The Central Procurement Entity (CPE) team is responsible for the procurement of wholesale energy and capacity products to support local reliability of California’s electric grid on behalf of the company’s electric distribution customers. The CPE team structures, negotiates, and manages various procurement solicitations and power purchase contracts for a wide variety of resource technologies, including renewable energy, energy storage and distributed energy resources to help California meet its energy policy objectives at minimum cost.

Position Summary:

As a key contributor to the CPE team, this individual will provide support to senior team members as they administer various procurement solicitations through Requests for Offers (RFOs), negotiate commercial terms and conditions of energy contracts, execute commercial procurement activities, provide timely reporting to the CPE team and EPP senior leadership on status of negotiations, and contribute to other areas of the company's central energy procurement efforts. This role will work closely with other teams including Contract Management, Settlements and Reporting (back office), Short Term Electric Supply (front office), Law, Market and Credit Risk Management (middle office), and Regulatory Affairs. This role will also work with external parties including, but not limited to, California Public Utilities Commission (CPUC), CPUC Load Serving Entities (LSEs), California Independent System Operator (CAISO), project developers, electric generator owners, and energy capacity brokers. Success in this position will require the ability to self-motivate, influence the work of others and work across teams throughout the organization. This person will bring a passion for commercial excellence and customer service to help the CPE transact across multiple energy products.

This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.

A reasonable salary range is:

Bay Area Minimum: $102,000.00

Bay Area Maximum: $162,000.00

and/or

California Minimum: $97,000.00

California Maximum: $154,000.00

Job Responsibilities

• Supports the execution of procurement solicitations for new and emerging product offerings.
• Supports senior transactors as they negotiate contract terms for energy and capacity products from renewable, energy storage, natural gas-fired and distributed energy resources.
• Supports evaluation process of offers resulting from solicitations and bilateral negotiations.
• Builds and manages relationships with new and existing electric generation (i.e., Power Plants) owners and developers.
• Assists in preparation of strategy papers and presentations, testimony, and supports requests from internal and external parties, including the California Public Utilities Commission and other regulatory agencies.
• Participates in identification, development, implementation, and resolution of issues associated with complex, cross-functional strategy and policy matters.

Qualifications:

Minimum Qualifications:

• Bachelor’s Degree with coursework in a business-related field, mathematics, engineering, or equivalent field of study; or equivalent experience
• One year of relevant work experience
• Experience in wholesale energy and capacity markets (preferred)

Desired Qualifications:

• MBA or Master’s degree in related field
• Two years of work experience in the wholesale supply side, development side, or strategy/policy side of the energy industry
• Ability to present moderately complex data and findings to diverse audiences; to lead Company development activities and to represent CPPE in discussions of electric procurement issues
• Ability to influence key decision makers
• Ability to manage cross functional projects and initiatives
• Excellent project management skills.
• Ability to analyze complex problems and recommend solutions despite incomplete information and limited time
• Excellent communication skills – interpersonal, written and presentation, including experience and ability to deliver executive level briefings – taking complex concepts and describing them thoroughly and succinctly.
• Ability to maintain a work environment that fosters teamwork, information and experience sharing, constructive communication and professional and individual development
• Knowledge and experience with California’s wholesale energy and capacity (resource adequacy) markets
• Understanding of energy markets (fossil, renewable, energy storage, etc.) including commercial aspects, policy aspects, and the role/business model of a utility
• Understanding of Western Energy and CAISO market rules, energy products and compliance obligations
• Understanding of the meaning and rationale of PG&E contract provisions; typical counterparty concerns; and the impact of specific contract language
• Knowledge of the procurement needs for the company’s wholesale energy portfolio, the impacts of, the company’s competitive position, and rules and regulations that impact procurement
• Knowledge of utility ratemaking, cost recovery and other regulatory matters