Modeling, Forecasting & Economic Analysis Senior Advisor

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at Southern California Edison (SCE) and build a better tomorrow. Grid Architecture Innovation leads the development of new grid architecture strategies and actionable plan, including grid modernization and digitization, to support utility's long-term goal. In this job, you will be responsible for leading efforts in modeling, forecasting, and economic analysis to support the development of various new grid architecture design options.

Economic Analysis and Business Case Development:

- Evaluate the financial impact of new grid architecture design and technology deployment and provide insights on investment opportunities.

- Conduct comprehensive cost-benefit analysis to evaluate the economic viability, which includes identifying and estimating benefits, calculating avoided costs, and assessing capital and O&M efficiency.

- Align the business case with regulatory requirements to ensure support and cost recovery. Develop strategies to address regulatory and policy considerations.

- Implement mechanisms to monitor feedback and measure the effectiveness of business case development efforts. Use insights to continuously improve strategies to SCE's long-term goals.

- Represent Grid Architecture Innovation team and support SCE's business plan development.

Grid Analysis And Alternative Solutions

- Conduct comprehensive analysis of current grid performance (from transmission to customer delivery point) and supply resources and customer trends.

- Develop future grid scenarios, including uncertainties from AI impacts, to inform and optimize the grid architecture design.

As a Modeling, Forecasting & Economic Analysis Senior Advisor, your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?

- Ensures the forecasts incorporate new distributed energy resource (including energy efficiency, demand response) forecasts, and policies

- Drives key studies to determine the financial and operational impact of changes in company assets or the business environment

- Delivers applied economic analysis and reporting on overall market performance and efficiency, the impact of proposed revisions to market rules, and market participant behavior

- Participates in the design of the framework to identify and quantify consumer detriment in relation to pricing. Uses benchmarking model to identify examples of disproportionate pricing and how we can address them

- Suggests appropriate options for preventing or resolving potential market design problems, inefficiencies, gaming, market manipulation or non-compliance with market rules

- Collaborates with internal stakeholders regarding forecast methodology and analysis and ensures our deliverables meet their needs

- Assesses the viability of new investments and the attractiveness to investors; conducts economic analyses of alternative approaches to energy and/or environmental policies;

- Sets up and executes in-house software and prediction tools to translate the long-term resource into energy production for a wide variety of equipment configurations

- Collaborates with forecasters to understand how load and price forecasts can be improved to meet new challenges

- A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications

- Ten or more years of experience performing modeling, forecasting or economic analysis and reporting.

Preferred Qualifications

- A bachelor's or master's degree in Electrical Engineering, Economics, Business Administration, or a related field.

- Seven or more years of experience in modeling, forecasting, and economic analysis, with a focus on grid architecture, grid technology deployment, or related fields.

- Deep understanding of utility business, grid planning and operations, and grid modernization technologies.

- Strong understanding of utility finance, economic principles, financial modeling techniques.

- Proven track record of successfully leading complex projects and conducting comprehensive economic analysis.

- Excellent communication or interpersonal skills, with the ability to effectively collaborate with diverse stakeholders.

Additional Information

- This position's work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days.  Unless otherwise noted, employees are required to work and reside in the state of California.  Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.

- Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!

- Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

About Southern California Edison

The people at SCE don't just keep the lights on. Our mission is so much bigger. We're fueling the kind of innovation that's changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you'll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.

Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran status.

We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at (833) 343-0727.