Senior Power Supply Analyst

Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11-member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. Our home office is located in Glen Allen, Virginia.

Purpose of Job:

This impactful position coordinates and develops components of engineering economic analyses as it relates to ODEC’s strategic plan.  Focused under Power Supply, the analysis includes evaluation of existing resources and selection of future resource options.  This individual will compile and disseminate material necessary to develop and evaluate future power supply plans; manage, create and use fuel, energy, capacity and allowance price databases to develop and document planning assumptions and spreadsheets; and operate, analyze and report results of complex production cost simulation models to support project evaluations, budget and financial forecast development.  The Senior Power Supply Analyst has an opportunity for a hybrid work schedule in 2024 - 3 days in ODEC's Glen Allen, Virginia office to include Wednesdays and 2 remote days .

Essential responsibilities include:

• Leading long-term corporate planning studies and financial forecasts associated with power supply.
• Leading and performing economic and statistical analyses to assist in power plant development, origination and evaluation of structured power supply contracts, generating plant acquisitions and other generation options.
• Assisting in the validation of mid-term/long-term planning and power supply studies performed by ACES consultants.
• Working with consultants and ODEC staff to ensure integrity of power supply informational databases, fuel, energy and capacity.
• Leading and performing economic evaluations of the impact of regulatory and market changes to ODEC’s portfolio.
• Preparing Power Supply’s portion of the annual budget and assisting with development of Purchase Power Demand Cost portion.
• Maintaining verification process of annual changes and helping prepare responses to on-going variance analysis queries of actual versus budget.

Work Experience: 

• Minimum 6 years power industry experience
• Minimum 3 years maintaining power supply databases with practical application of power supply quantitative analysis and forecasting techniques/concepts.

Critical Knowledge, Skills and Abilities:

• Must understand power supply and natural gas portfolio cost and risk.
• Must have a working knowledge of power and fuel markets.
• Must have a minimum of intermediate level Microsoft Excel proficiency or similar analytical tools.
• Must have proficiency working with production cost and/or capacity expansion models.
• Must have effective oral and written communication skills and the ability to report large quantities of data.

Preferred Knowledge, Skills and Abilities:

• Experience producing or reviewing an integrated resource plan or similar strategic document.
• Knowledge of environmental and other regulatory policies impacting the energy industry

Education:  Bachelor’s degree in Math, Computer Science, Physics, Business, Economics, Engineering or related technical/analytical degree, or equivalent professional work experience

Travel details: Occasional travel required for meetings and conferences via automobile and/or commercial airline.

Working Conditions and Physical Demands: 

• Ability to enter data using hand-eye coordination and look at a computer monitor for long periods of time.
• Interact effectively with others through oral communication in person, over the phone and via video chat and in writing via email, text and Microsoft Teams chat.
• Work full days (8 hours) in an office environment and work weekends during peak periods.
• ODEC currently offers a hybrid 3-2 work schedule (three days in the office to include Wednesdays and two days teleworking) to accommodate the need for flexibility.

We offer a competitive salary, defined benefit retirement security (pension) plan, medical, dental, vision, 401(k) company match, vacation based on relevant years of experience, generous sick time accrual and holiday pay in addition to many other benefits offerings. Please apply via this link www.odec.com/careers for consideration. 

ODEC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

No Phone Calls or Agencies Please

About Old Dominion Electric Cooperative

Incorporated in 1948, Old Dominion Electric Cooperative (ODEC) provides reliable, cost-effective, environmentally balanced, wholesale electric services to our 11 member distribution cooperatives in Virginia, Maryland and Delaware. Our core business is generating, purchasing and delivering electricity to our members. ODEC is a not-for-profit generation and transmission cooperative that operates for the benefit of our members, who are our owners. Our corporate headquarters is located in Glen Allen, Virginia.

Connections working at Old Dominion Electric Cooperative