Power Portfolio Manager

Orange County Power Authority’s Power Resources team seeks a seasoned, collaborative energy professional to

oversee OCPA’s wholesale power supply portfolio, planning and procurement for short, mid and long-term activities, including load forecasting, complex energy and capacity transactions. In addition, the candidate will coordinate OCPA’s power scheduling coordination and work with staff and advisors on power-related compliance filings and strategies.

About OCPA:

OCPA is a dynamic, new agency, serving the public in the space of clean, and more affordable green energy.

As a new Community Choice Aggregator (CCA) in California, phased electric service was launched in April 2022. Currently, the Authority serves over 177,000 customer accounts in Southern California Edison territory. We currently serve three member agencies (Buena Park, Fullerton, and Irvine). The City of Fountain Valley has joined OCPA with service to begin in 2026. More expansion throughout the region is to come. OCPA’s projected retail sales exceed 2,100 gigawatt-hours in 2025 and will increase with additional members. For more information, please visit our website at www.ocpower.org.

Submissions Process:

 Candidates should send a cover letter and resume with a minimum of three professional references to recruitment@ocpower.org. Submissions will be accepted and reviewed on a continuous basis with selections for interviews being made when a sufficient number of qualified submissions have been received.

Remote or Hybrid? OCPA currently utilizes a hybrid work schedule, however this position may be worked remotely

. The hybrid schedule includes three days per week in-office, Monday, Tuesday and Thursday. This schedule is subject to change due to agency events or special meetings.

The Power Portfolio Manager will

oversee OCPA’s wholesale power supply portfolio, planning and procurement for short, mid and long-term activities, including load forecasting, complex energy and capacity transactions; portfolio optimization, integrated resource planning, hedging strategy, and renewable and greenhouse gas-free power resources procurement and compliance. In addition, the candidate will coordinate OCPA’s power scheduling coordination and work with staff and advisors on power-related compliance filings and strategies.

About the Position:

Examples Of Duties / Functions:

Management reserves the right to add, modify, change, or rescind the work assignments of different positions and to make reasonable accommodation so that qualified employees can perform the essential functions of the job. Duties and responsibilities include, but are not limited to:

·   Developing overall power supply portfolio procurement strategies based on OCPA’s strategic goals, service offerings, revenue requirements, market intelligence, and risk management policies.

·        Proposing and implementing power portfolio management and analytic tools and services to plan, prioritize, organize, and maintain all of OCPA power supply contracts; overseeing short- and long-term load forecasting; and supporting California regulatory compliance filings.

·        Conducting complex market analysis and portfolio modeling and optimization of OCPA power portfolio positions to effectively monitor exposure and manage associated risks from volatile market changes.

·        Working with consultants, vendors, the scheduling coordinator, staff, and management to analyze risk and value around complex transactions, including different types of renewable generation and storage system resources.

·        Leading procurement efforts to meet various OCPA objectives and/or compliance requirements including energy hedges, resource adequacy, carbon-free and Renewable Portfolio Standard.

·        Preparing solicitations/requests for offers of energy and capacity products, supplier/developer communications, and provide analytical support during proposal/bid evaluation and contract negotiations.

·        Preparing solicitations/requests for professional services, products, and offerings including advanced technology platforms to develop OCPA’s power supply portfolio management ecosystem.

·        Supporting the power supply contract administration effort, including monitoring contract milestones and deliverables.

·        Monitoring energy market activities, including pricing trends and forward curves related to wholesale power, renewable energy, and capacity.

·        Supporting OCPA’s integrated resource planning activities, including submission of the CPUC’s biennial integrated resource plan compliance filing.

·        Providing data analysis and support in preparing various other regulatory compliance reports such as California’s Power Source Disclosure Program.

·        In collaboration with OCPA’s finance and technology team, preparing financial analysis and modeling, especially with regard to power supply costs, assisting in budgeting and rate setting activities.

·        Establishing and maintaining standard operating procedures, protocols, and safeguards to ensure procurement team decision making processes are aligned with agency goals.

Qualifications

Experience/Education:

Any combination demonstrating the ability to effectively and successfully perform the duties of the position is considered qualifying. A typical combination is as follows:

A Bachelor's degree from an accredited college or university in business, economics, mathematics, engineering or related field and at least five years of progressive experience in electric utility/CCA power procurement, renewable power procurement, or in a closely related field.