Transmission Economic Specialist

Application due date: March 14, 2025

Location: Maple Grove, MN (Eligible for hybrid schedule)

Applicants must be authorized to work in the U.S. without restriction. Visa sponsorship is not available.

We are the people we power. As Minnesota’s not-for-profit electric cooperative, our member-owners and their members impact every decision we make. Because their needs are our needs, and their dreams are our dreams.

Summary:

Conduct economic analyses for transmission rate setting, cost allocation, and pricing initiatives. This individual will play a key role in shaping the utility’s wholesale transmission pricing strategies and ensuring compliance with regulatory requirements at the state and federal levels. Individual will support the development of the transmission division budgets and the MISO wholesale transmission rates.

Total Rewards:

A typical starting range for this position is $102,000 - $140,000 + annually. We offer market competitive base pay and adjust our offer accordingly based upon the value of the candidate’s knowledge, skills and experience. In addition, our Total Rewards strategy focuses on recognizing individual performance and rewarding business results. Our robust Total Rewards package includes exceptional benefits and retirement, a focus on continuous engagement, recognition, personal and professional development, and an emphasis on work-life effectiveness.

Responsibilities: Job responsibilities include, but are not limited to:

• Assist with complex economic analysis and analytical reviews on various transmission financial issues that may have a major financial impact to GRE.
• Develop and maintain transmission pricing models to analyze the economic impact of rate changes on members and non-member wholesale transmission customers.
• Support development of the division’s annual inter-utility budget, MISO transmission rates and financial analysis in support of the transmission division.
• Prepare and report various transmission financial analysis and forecasting to transmission leadership for decision making purposes.
• Assist in preparing and filing transmission rates with Federal Energy Regulatory Commission (FERC) and regional transmission organizations (RTOs).
• Assist with market research, financial analysis, deterministic modeling, presentation development, business plan preparation and development of complex business assessment models.

Qualifications:

• Four-year degree in finance, economics, mathematics, statistics, data/decision sciences or engineering required.
• 3-5 years of professional experience performing economic analysis and/or data/financial analytics for decision making purposes required.
• 3-5years of progressive work experience involving optimization/economic modeling, conducting data/financial analysis in an industry with comparable context to the electrical utility industry or within the utility industry required.
• Experience leading independent analysis.
• 1+ years of experience performing economic analysis and/or experience in regulatory affairs within energy or utility sector required.
• Power BI or other related data analysis/visualization tool experience required.
• Python or other programming language experience preferred to leverage modeling automation.
• Skills in the following areas: data mining, data analysis, predictive analysis, analytical reporting, data visualization, business intelligence, and data science.
• Deterministic modeling experience preferred.
• Transmission specific knowledge preferred.
• Knowledge of project assessment, market research techniques, issue analysis and business planning.
• Knowledge of econometric techniques and associated software to support analysis efforts.
• Ability to create financial models, test against various scenarios, extrapolate likely outcomes, and communicate results.
• Ability to perform market research and develop presentations to communicate information to internal and external stakeholders.
• Ability to collaborate with peers to arrive at the appropriate conclusion using compromise, persuasion, rationale, and diplomacy.
• Ability to build & maintain effective work relationships and establish credibility with stakeholders.
• Ability to effectively develop and communicate technical information with individuals and groups.
• Skill, ability and high degree of facility with Excel (e.g. Complex formulas, linking spreadsheets, pivot tables, V-lookup, etc.) and PowerPoint.

Apply: Qualified candidates please apply at www.greatriverenergy.com (under the Careers tab) by March 14, 2025. GRE values diversity, equity and inclusion and we are an equal employment opportunity employer. 

About Great River Energy

Powering what’s possible Great River Energy is a not-for-profit electricity provider owned by our 26 distribution cooperatives in Minnesota and Wisconsin for which we generate and transmit electricity. We provide wholesale electric service to our member owners who distribute electricity to approximately 660,000 member consumers - or about 1.7 million people. A diverse mix of generation resources - Our power plants generate more than 2,800 megawatts of electricity and several solar arrays capable of producing 650 kilowatts. In addition, we purchase wind and hydroelectric energy. Your electricity is delivered through power lines to you. Every time you plug in your toaster, television or other electrical device, a system of power lines goes to work to bring you the power you need. Our job at Great River Energy is to keep the lights on by providing a safe & reliable supply of electricity.

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