POSITION PURPOSE
This position is located at our Headquarters office in Bismarck, ND.
Supports the full lifecycle of long-term power supply contracting by leading the origination of commercial terms, preparation of Request for Proposals (RFPs), evaluation of bids utilizing quantitative analysis, and facilitating contract negotiations. Leads the onboarding/offboarding of power supply contracts, as well as leading sustaining contract issue resolutions. The position supervises a team of analysts to oversee the functions.
ESSENTIAL DUTIES
- Originate new long-term power supply purchase and sale contracts, including Requests for Proposals development, bid evaluation, and quantitative analysis.
- Ensure consistent terminology, documentation, and processes for long-term power supply agreements—covering wind, solar, battery storage, coal, natural gas resources, and other power supply resources as needed.
- Manage sustaining power supply contracts by resolving issues, negotiating amendments, and collaborating with internal and external stakeholders.
- Maintain a comprehensive understanding of Basin Electric’s power supply system, including power deliveries within the Southwest Power Pool (SPP), The Midcontinent Independent System Operator (MISO), and additional bilateral Western markets.
- Responsible for the onboarding/offboarding of power purchases and sales. This is a project management role that requires interfacing with adjacent functions such as transmission delivery, RTO/Market registration, metering, settlements, market operations, and IT related functions.
- Maintain external market relationships to identify future suppliers, projects, and opportunities.
- Oversight of the accurate collection of financial inputs to ensure accurate budgeting and forecasting in support of Financial Forecasts, Rate making processes, and Integrated Resource Plans.
- Supervise, coach, and develop a team of analysts supporting power supply contracting activities.
- Develop and apply economic and cost-benefit models for potential power purchases and communicate key findings to management through clear presentations and reports.
- Provides findings and makes presentations to stakeholders, committees and the Board.
- Perform other duties as assigned.
MINIMUM QUALIFICATIONS
- Bachelor’s degree in business administration, accounting, economics, finance, engineering or related field; and 8 years of related experience.
- Travel up to 5%.
PREFERRED QUALIFICATIONS
- Experience in power supply contracting.
- Experience using Allegro Energy Trading Risk Management.
- Experience with Quantitative Analysis in a Regional Transmission Organization environment.
PHYSICAL AND ENVIRONMENTAL DEMANDS
This position requires frequent sitting and standing/walking; and occasionally reaching below and above shoulder level, use of keyboard/computer, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination. This position requires good hearing and vision, and the ability to speak.
KEY SKILLS
- Excellent verbal and written communication skills.
- Good interpersonal and customer service skills.
- Basic sales and customer service skills.
- Excellent organizational skills and attention to detail.
- Excellent time management skills with a proven ability to meet deadlines.
- Strong analytical and problem-solving skills.
- Strong supervisory and leadership skills.
- Ability to prioritize tasks and to delegate them when appropriate.
- Ability to function well in a high-paced and at times stressful environment.
- Proficient with Microsoft Office Suite.
- Strong understanding of electric power markets, utility operations, and generation technologies.
- Ability to analyze complex contractual, financial, and regulatory information.
- Ability to exercise sound judgment and maintain confidentiality.