Distributed Energy Resource Analyst
Company: Albertsons Companies
Posted on: January 13, 2022
About The Company
Albertsons Companies is at the forefront of the revolution in
retail. With a fixation on innovation and building culture, our
team is rallying our company around a unique vision: forging a
retail winner that is admired for national strength, deep roots in
the communities we serve, and a team that has passion for food and
delivering great service.
Albertsons is one of the largest retail employers, providing
approximately 300,000 jobs across 2,200 stores, 22 distribution
centers, 20 food and beverage plants and various support offices.
We operate in 34 states and the District of Columbia under the
Albertsons banner, as well as Safeway, Tom Thumb, Jewel Osco,
Shaw's and many more recognizable names.
We have an exciting opportunity here at Albertsons within our
Strategic Sourcing Team as a Distributed Energy Resource Analyst
that is based out of our Boise, ID, Pleasanton, CA or Dallas, TX
This position reports directly to the Vice President of Energy
Procurement and indirectly to the Senior Sourcing Managers - Energy
Procurement. Responsibilities include monitoring, analyzing and
evaluating distributed energy resources (DER) and new energy
technologies and the corresponding electric supply structures
including solar, wind, fuel cells, storage, cogeneration and
microgrids. Also included are evaluating proposed deal structures
such as power purchase agreements and virtual power purchase
agreements, capital and operating leases and Albertsons Companies,
Inc. (ACI) direct ownership. The position will vet DER financial
proformas and models to validate all assumptions, including utility
rate schedule components, forward energy market price curves,
federal and state incentive streams as well as proforma/model
accuracy. Duties also encompass project management lead on approved
DER opportunities of high-performing projects which will mitigate
electricity price risk and/or meet corporate sustainability
In addition to DG technology analysis and opportunity vetting
activities, the position will assist the Energy Procurement team in
the daily operations of 3rd party competitive electric and natural
gas supply, including telecom, metering, account "add-drop", and
analysis of billing and utility energy data under the supervision
of designated personnel. Additionally, the position will provide
support to the Energy Procurement team to implement the approved
risk management, procurement, and sustainability strategies. The
DER Analyst will work with utilities to understand electric and
natural gas rate schedules and rules and the associated impacts on
project proformas and models.
This position will collaborate and partner with other internal
stakeholders such as Corporate FP&A, the National Accounting
Service Center (NASC), Accounting, Maintenance, Supply Operations,
Energy Operations, Manufacturing, Division Operations; and others.
This position will also interact under supervision with serving
electricity and natural gas utilities, metering and telecom
companies, and 3rd party electric and natural gas suppliers.
Key Accountabilities Include
Review, analyze, create (where appropriate) and run sophisticated
pricing and economic models (Excel/Access/Python/R/SQL/Power BI)
for distributed energy resources (DER) and energy storage
opportunities to assess project viability under a variety of use
Evaluate project economics based on utility savings, grid-services
revenue, financing costs, price to beat, etc.
Validate DER and energy storage requirements for Regional
Transmission Organization (RTO), Independent System Operator (ISO),
and utility market participation for ancillary services, capacity,
demand response, energy arbitrage and critical peak period
Build relationships with utility service providers to understand
rates and rules that apply to distributed generation and energy
Track electric and natural gas rate changes for impact on DG
project opportunities and proformas.
Support Energy Procurement in drafting and reviewing contract
language related to distributed generation and storage
Maintain, monitor, and track designated tasks, milestones, and
KNOWLEDGE AND EXPERIENCE:
4-year college degree. B.S. preferred (or equivalent practical
Engineering and/or Financial discipline preferred.
2+ years of hands-on experience with DER project proforma/modeling
development and/or analysis in a technical or quantitative role
(finance, sales engineering, consulting, etc.).
Experience modeling contracted and merchant asset cash flows in
competitive and non-competitive energy markets.
Understanding of industry standard techniques for modeling DER
and/or storage economics
Energy market knowledge to include derivatives and risk management
Basic understanding of electric and natural gas utility rate
CEM a plus.
Skills And Experiences
Advanced Microsoft Excel (High Proficiency), Word and PowerPoint
proficiency a must.
Experience with building financial models, preferably in the
renewable and/or energy storage industry.
Understanding of general accounting and finance principles
Knowledge of utility billing determinants and tariff design
Ability to work autonomously with excellent time management skills,
focusing on key outcomes amidst competing priorities and tight
Comfortable embracing ambiguity in a fast paced, collaborative
Excellent problem solving, analytical and organizational skills
Strong interpersonal, oral and written communication skills
Grocery Retail experience a plus.
Experience with ESG and carbon reporting a plus.
Preferred Skills And Experience
Direct experience in energy industry, preferably with DER or Energy
Storage developer, retail energy services provider, energy marketer
or consultant level experience or other related services focusing
on energy market analytics and project proforma evaluation.
Knowledge of competitive RTO/ISO market fundamentals.
Experience in large-scale energy project development or project
finance; renewable energy focus a plus.
Experience and familiarity with industry standard techniques and
modeling tools for Solar + Storage (for example, Energy Toolbase,
Familiarity with common data science languages (Python/R) to
leverage existing tools and run ad-hoc analyses.
Familiarity with 3rd party industry tools such as Xendee,
Helioscope, ReOpt, etc.
Experience evaluating pros and cons of distributed generation and
storage sizing and use cases.
MBA or Masters Degree in a related field a plus.
Most work is performed in a temperature-controlled office
Incumbent may sit for long periods of time at desk or computer
Incumbent will visit and spend some time at Retail, Manufacturing
and Distribution facilities.
Incumbent may use calculators, keyboards, telephone, and other
office equipment in the course of normal workday.
Stooping, bending, twisting, and reaching may be required in
completion of job duties.
What it is like at Albertsons?
Albertsons Culture Principles
Compassion : We always treat each other with kindness and
Team : We always support and recognize each other
Inclusive : We always value everyone's perspective
Learning : We always strive to grow and develop ourselves and
Competitive : We always act with integrity to win over the
Ownership : We always take actions to drive our success
Keywords: Albertsons Companies, Boise , Distributed Energy Resource Analyst, Professions , Boise, Idaho
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