Principal Analyst Wholesale Power
Avangrid
Lead wholesale power procurement, contracts, reporting, and renewable energy initiatives.
15 days ago ago
$125,766 - $138,000
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Orange, CT
Office Full-Time
Company Size
7,999 Employees
Service Specialisms
Renewable Energy
Power Generation
Transmission
Distribution
Energy Storage
Engineering
Project Management
Operations & Maintenance
Sector Specialisms
Energy
Renewable Energy
Electricity Transmission
Electricity Distribution
Smart Grids
Grid Infrastructure
Power Generation
Natural Gas Utilities
Role
What you would be doing
contract negotiation
pricing analysis
certificate administration
market reporting
budget management
regulatory filings
- Leading the process to select and negotiate contracts with bidders for wholesale power and renewable/clean energy procurement processes, including those which may be associated with the Connecticut Low and Zero Emission Renewable Energy Credit Program, Shared Clean Energy Facility Program, and Renewable Energy Solutions Programs, or other long term clean energy procurements, and Standard Service/Last Resort Service procurements.
- Reviews and analyzes Renewable Energy Purchase Agreements and reconciles complex pricing and accounting to ensure appropriate reporting.
- Administer each Renewable Energy Certificate account and develop plans to ensure compliance.
- Independently assesses/develops/produces multiple transactional/variance reports and manages/tracks programs associated with various market/hedging activities and identifies opportunities to reduce costs and risks to UI’s customers.
- Develops reports and presentations for various internal and external parties, including UI senior management.
- Plans and manages the logistics of Budgeting activities and ensures appropriate accounting and budgeting estimates are prepared and updated as necessary.
- Works collaboratively with internal and external stakeholders to achieve Connecticut’s statutory clean energy goals, including assisting with Connecticut State’s Clean Energy Renewable Portfolio Standard (RPS) implementation plans and ensuring compliance with all regulatory RPS obligations.
- Support the development and filing of the Avangrid Triennial Market Based Rates filing, FERC Electric Quarterly Reports and FERC Change in Status Reporting.
- Solves complex problems and performs analytics that responds to inquiries related to pricing, supply, demand, credit risk and the interaction between various markets.
- Anticipates customer and stakeholder needs; assesses requirements and identifies new solutions.
- Resolves complex problems in non-standard situations and develops creative solutions.
- Prepares reports and regulatory filings.
- May be required to represent AVANGRID orally or in writing to regulatory, public and industry focused entities, including the New England Independent System Operator, the Public Utilities Regulatory Authority (PURA) and the Department of Energy and Environmental Protection (DEEP).
What you bring
excel
sap
bachelor's
renewable energy
analytical
team management
- Excellent analytical, interpersonal, verbal and written communication skills.
- Communicates difficult concepts related to renewable energy/wholesale energy/hedging activities to internal and external parties.
- Flexibility & Globalization - Advanced
- Innovation & Creativity - Advanced
- Customer Focus - Advanced
- 3. Managing People: Team Management – Advanced
- Ability to perform detailed data verification efficiently and accurately.
- Strong business and departmental focus.
- Team Work - Advanced
- Relevant experience includes one or more of the following areas: energy (electric/gas) procurement, wholesale energy trading/marketing, energy supply planning, renewable energy, NEISO markets, and regulatory planning/strategy.
- Proficiency with complex spreadsheet analysis.
- Advanced Microsoft Office suite experience including MS Excel and Access.
- Similar experience with corporate purchasing and contract management, energy accounting and/or experience with SAP functions related to purchasing, supply management and accounting may be partially substituted for experience with energy markets and contracts.
- Communicating & Influencing - Advanced
- Bachelor’s Degree from an accredited college/university in a related analytic discipline, including but not limited to, Accounting, Finance, Business, Environmental, Energy with a minimum of 7 years relevant experience.
- This position requires minimally an associate’s degree from an accredited college/university in a related analytic discipline, including but not limited to, Accounting, Finance, Business, Environmental, Energy, or the equivalent with a minimum of 10 years relevant experience.
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Interview process
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Company
Overview
47 Billion
Assets Under Management
Total value of company assets across all operations.
3.3M+ Customers
Electric & Gas Users
Over 3.3 million customers served across New York and New England.
10.0 GW
Power Generation Capacity
Combined electricity output from owned and operated facilities.
- Born in 2015 from a merger with UIL Holdings, creating a national powerhouse from regional utilities.
- Headquartered in Orange, Connecticut, with operations in 24 U.S. states.
- Its utilities arm manages eight electric and natural gas systems.
- Projects include onshore wind, solar, biomass, thermal plants, and grid upgrades.
- Fully acquired by Iberdrola in late 2024, enhancing investment potential.
- Key ventures include the nation's largest offshore wind project and the Maine Power upgrade.
- Combines local legacy with large-scale clean energy ambition.
- Sustainable: We seek to be a model of inspiration for creating economic, social and environmental value in our communities and we act positively to affect local development, generate employment, and give back to the community.
- Agile: We act efficiently and with passion to drive innovation and continuous improvement at both the local and global level.
- Collaborative: We work together toward a common purpose and mutual benefit while valuing each other and our differences.
By 2030
Carbon Neutrality Target
The company aims to achieve carbon neutrality for Scopes 1 and 2.
9.3 GW
Emissions-Free Capacity
Installed capacity in wind and solar energy.
10 GW
Energy Goal
Target to generate 10 GW of emissions-free energy capacity by 2025.
70%
Emissions Reduction Goal
Aim to reduce emissions intensity by 70% by 2030 compared to 2015 levels.
- One of the country’s cleanest utilities.
- Compliance Leader Verification certification by Ethisphere Institute for third consecutive term.
2024
Forbes Recognition
Recognized as one of Forbes America’s Best Employers for Diversity in the 2024 ranking.
300M Spend
Supplier Diversity Goal
Aim to increase spend with certified diverse suppliers to $300 million by 2025, up from $195 million in 2022.
- DEI strategy focus areas: increasing diverse representation (especially in leadership), promoting equitable growth opportunities, establishing pathways for community and connection.
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