
Posted 8 days ago
Senior Load Forecast Analyst I
ColumbiaOn-siteFull-time
AI Summary
Prepares and maintains load forecasts for a power cooperative, performing econometric analysis, regression modeling, and database management to support business planning and wholesale supplier coordination.
About this role
Position Summary: Provides a wide range of forecasting and other business planning support services to Central and its Member Cooperatives. Provides delivery point forecasts. Manages the development and maintenance of a wide range of databases used in the preparation of forecasting and other services.
Essential Duties and Responsibilities:
- Prepares Central’s load forecast. Work consists of extensive econometric analysis, producing the forecast, generating the final report, and presentation of the forecast to a wide variety of stakeholders. Utilizes skills in modeling and regression analysis to assist staff in forecast preparation.
- Updates annually substation level forecasts. Reviews modeling requirements and evaluates new facilities to be included in system models. Ensures that transmission service plans are coordinated with load forecast data.
- Creates and/or reviews database required for the annual system load forecast. Provides Central data to wholesale suppliers, review the results of the forecast, and recommends approval to senior management.
- Updates the CoopData database that is the source of load forecast data for Wholesale Power Costs and Finance Department planning.
- Maintains Central’s Reserve Margin Analysis, keeping the department up to date on the capacity status of the Santee Cooper/Central Joint System.
- Coordinates between wholesale suppliers and Central staff to comply with the information sharing provisions.
- Performs analytical support to Central and Member Cooperatives.
- Ensures that Central economic, demographic, and load forecasting databases used in all the forecasts stated above and other projects are properly maintained.
- Performs other incidental and related duties as required and assigned.
Knowledge, Skills and Abilities:
- Strong quantitative analysis skills.
- Good formal presentation and technical writing abilities required.
- Ability to work under pressure and immediate deadlines.
- Strong collaborative skills
- Reports, studies, economic analyses and forecasts all require accuracy and detail.
- Strong internal drive for excellence and service orientation are preferred.
- Experience with SAE forecasting and Itron Metrix products is preferred.
Education and Work Experience:
- Bachelor’s degree in business, economics, engineering, mathematics
- 5 years prior experience in utility load forecasting
- Experience with linear regression models required
- Strong Excel skills required
Skills
CoopData DatabaseDatabase Development And MaintenanceEconometric AnalysisExcelItron MetrixLinear Regression ModelsLoad ForecastingRegression AnalysisReserve Margin AnalysisSAE ForecastingSubstation Level ForecastingTransmission Service Plan Coordination
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