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CVEC - Central Virginina Electric Coooperative logo
Company Name:
Approximate Salary:
Not Specified
Lovingston, Virginia
United States
Position type:
Full Time
Experience level:
5+ years
Education level:
Bachelor's Degree

Electric Energy Portfolio Analyst

CVEC is looking for an experienced Electric Energy Portfolio Analyst to provide oversight and leadership to optimize the CVEC power supply portfolio in alignment with CVEC power supply strategic plan. Assure adequate, reliable, competitively priced electricity is available to all members. Manage ancillary power costs to minimize impact on retail rates. Assist COO with overall data analysis and cost analysis of projects and processes.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Responsible for the accuracy of monthly power invoices from suppliers, generation resources and the PJM Regional Transmission Operator (RTO).

Analyzes data from PJM RTO reporting system and generate monthly power supply purchase reports.

Participates in power supply related meetings with agencies supporting the development of CVEC's power supply portfolio. (AMP, Blue Ridge Power Agency, PJM, SEPA)

Represents CVEC as voting delegate in generation resource participant meetings and other agency meetings.

Monitor and report PJM Regional Transmission Operator regulation changes and filings with the Federal Energy Regulatory Commission (FERC)

Work with power supply consultants on power purchase arrangements and planning the power supply portfolio.

Work with legal counsel to coordinate the execution, amendment and tracking of power purchase contracts.

Schedule energy purchase live pricing with consultants. Maintains records of executed purchase confirmations.

Work with engineering and operations regarding the development of behind the meter generation and load control capabilities.

Lead the operation of demand management and transmission/capacity cost control programs. Monitor, record and report the results of the programs.

Monitor system loads during transmission and capacity peak hours and work with agencies providing peak hour notification.

Utilize PJM market data to develop monthly billing for large power market rate customers.

Monitor and evaluate the various PJM markets, reporting requirements, and settlement practices.

Serve as PJM Certified Account Manager (CAM) to manage employee and supplier access to CVEC's PJM account information.

Manage CVEC's Generation Asset Tracking System (GATS) account to monitor, retire, and sell Renewable Energy Credits (REC's) generated by solar resource contracts.

Review energy scheduling reports and manage contract of power supply scheduling services.

Work with consultant to determine bids in the Financial Transmission Right (FTR) auctions.

Support other departments in performing data analysis of customer load data, electric system reliability data, metering data, construction and maintenance cost data.

Support other departments in the generation of reports and dashboards from engineering and operations databases.

Salary $75,000 - $92,000 Depending on Experience


Bachelor of Science in a technical field

5-10 years' experience in electric utility industry and/or power supply markets

Equivalent combination of education and experience


Ability to analyze data and present performance trends and measures.

Strong analytical, writing, communication and organizational skills.

Proficient in using spreadsheet and database software

Position will work primarily in an office, with usual office working conditions. Travel to power supply related meetings, meetings with consultants, etc. is required. Occasional work outside of normal business hours is also required.

CVEC offers a comprehensive benefits package which includes: Health/Dental/Vision Insurance; Life/Disability Insurances, Elective & Non-Elective 401k Retirement Plan; along with Generous Annual Paid Time Off.

Central Virginia Electric Cooperative will not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity (including gender expression), national origin, age, marital status, genetic information, pregnancy, disability, family, military or veteran status, or any other status protected by state or federal law.

EOE/AA - CVEC reserves the right to alter, change, modify, and/or terminate this job posting at any time without notice, or obligation, to any party.


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