Xcel Energy

Manager (Energy Supply & Market Modeling)

LocationDenver, CO
Salary$125,900-$178,766

About This Job

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.


Position Summary

Responsible for managing the modeling and analysis functions associated with performing the resource planning activities for all four operating companies. Supervise the development and maintenance of the Company's Encompass resource planning models, ensuring the models accurately represent the Company's existing generation portfolio, the generation options for the future, and the emission profiles for each company. Manage the development, maintenance, and documentation of the model's input data and assumptions to ensure consistent use of data. Supervise the development and evaluation of multiple portfolio scenarios, including supply and demand-side resource options, retirement options, and emission related projects. Review modeling results for accuracy and provide adequate documentation of assumptions, analysis, and decisions.



Essential Responsibilities

Manage the development, maintenance and use of the Encompass models. Ensure that the models accurately represent the current generation portfolios and emission profiles. Make sure the models are ready to be used in analyzing a number of generation options on an ongoing basis and that is quick to respond to requests. Complete all Encompass analysis as required.
Manage the need to continuously update the models' input files and operating data. Ensure the accuracy of the base models and the data contained in the models. Perform comparison analysis with other models used by the Company and back cast the performance of Encompass against actual results. Ensure there is consistency of data used across all operating companies and provide support for rate cases and corporate budgeting
Review and validate the model output and analysis ensuring the accuracy of the analysis being completed. Provide direct management oversight on the review of modeling analysis, emphasizing the importance of timely and accurate analysis.
Manage the documentation of resource decisions and RFP analysis, including the assumptions used in the analysis, the options considered, and the results (decisions) that were obtained.
Complete other financial and regulatory analysis as required.
Perform the management functions of the department including the development of personnel.


Minimum Requirements

Degree in engineering, business or equivalent.
5 years of direct experience related to the planning, operations and modeling of electric generation systems using the Encompass model, or equivalent analytical tools.
Must be very detail oriented and have good written and oral communication skills.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.


Non-Bargaining

The anticipated starting base pay for this position is: $125,900.00 to $178,766.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.


Deadline to Apply: 04/11/25

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)


ACCESSIBILITY STATEMENT

Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.


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