Energy Market Analyst

City of Rochester, MN

Rochester, MN

JOB DETAILS
SALARY
$103,003–$151,474 Per Year
SKILLS
Accounting, Alternative Energy, Analysis Skills, Background Investigation, Bidding, Billing, Business Administration, Business Analysis, Business Plan, Contract Analysis, Contract Approval, Contract Negotiation, Cost Analysis, Data Analysis, Data Entry, Diversity, Driver's License, Economics, Electrical Utility, Employee Benefits, Environmental Design, Environmental Protection Agency (EPA), Federal Laws and Regulations, Finance, Financial Analysis, Financial Planning, Forecasting, High School Diploma, Maintain Compliance, Market Analysis, Market Tracking, Market Trend Analysis, Marketing Strategy, Microsoft Excel, Microsoft Office, Microsoft SharePoint, Microsoft Visual Basic, Operations Processes, People Management, Performance Analysis, Performance Metrics, Physical Demands, Policy Development, Portfolio Analysis, Power BI, Power Generation, Procedure Development, Process Development, Product Positioning, Public Finance, Python Programming/Scripting Language, Quantitative Analysis, Regulations, Regulatory Requirements, Reporting Skills, Retirement Plan, Return on Investment (ROI), Risk Analysis, Sales, State Laws and Regulations, Strategic Planning, System Operations, Systems Analysis, Technical Support, Usage Analysis, Wholesale Industry
LOCATION
Rochester, MN
POSTED
30+ days ago

Energy Market Analyst Salary $103,003.00 - $151,474.00 Annually Location Rochester MN 55906, MN Job Type Regular FT Job Number 20260035 Department Rochester Public Utilities Opening Date 04/20/2026 Description Benefits Questions POSITION DESCRIPTION The City of Rochester invites applications for: Energy Market Analyst Rochester Public Utilities The City of Rochester is committed to a community where all members feel a sense of belonging. We commit to recognizing the diversity of our community members, listening to ALL voices and providing equitable services to create an inclusive place to live, play and work. We believe EQUITY should be at the center of all our work. We strive to represent our community in our teammates, as we know that diverse and inclusive teams are more innovative, and have an empowering impact on the work, progress and culture of our community. It takes us all working together. Nature of Work Under general direction, the Energy Market Analyst is responsible for analyzing data, monitoring electric, energy and environmental markets and forecasting future needs to support RPU's optimization of wholesale power markets. Responsibilities include, but are not limited to, conducting modeling and analysis of RPU's energy portfolio and market consumption; preparing regular monitoring reports and assisting in developing bidding strategies. This position provides work products, data input, and analysis of RPU's portfolio used to craft and implement strategies that maximize the margin on sales and purchases out of and into the wholesale power market and from RPUs joint action agency as well as assuring compliance with federal, state and local regulatory agencies. This position also engages in the day-to-day market activities and executes strategies that provide the maximum amount of return on the Citys investment in power generation assets and that effectively utilizes demand side management assets to reduce purchased power. Work requires the use of independent judgment. Work Schedule - The regular work schedule is Monday through Friday from 8:00 am to 5:00 pm. This position may be eligible for remote work up to two days a week after the initial 6-month probationary period. Pay - The starting salary range is $103,003 to $121,180, with advancement to $151,474. This is based on 2025 figures and will be adjusted when a 2026 contract is implemented. Benefits - This position is eligible for benefits offered by the City of Rochester. Please check out the benefits tab at the top of the page for more details. To have your application considered for the first round of interviews, please apply by Sunday, May 17, 2026, at 11:59 PM CST. Applications will be accepted until the position is filled. The City of Rochester will not sponsor or transfer visas for this position including F1 OPT STEM. DUTIES AND RESPONSIBILITIES Perform detailed quantitative analysis Conduct modeling and analysis of the energy portfolio and energy consumption to forecast performance. Perform financial analysis on wholesale energy commodity transactions, including day ahead, real time ancillary services and capacity markets. Prepare regular market monitoring reports and propose strategy recommendations. Perform post-analysis of actual dispatch, demand response and system operations. Perform analysis of system energy usage and demands. Development and execute bidding strategies under the direction of the Manager Monitor and analyze energy portfolio performance and identify risks and report areas of concern. Monitor, analyze and report on energy market conditions, interactions and trends. Support contract negotiations by providing technical assistance. Utilize after-the-fact analysis to enhance the planning process, strategies, tools and overall utilization of RPU's portfolio. Maintain knowledge of MISO resource adequacy rules and capacity accreditation processes. Ensure sales and purchases comply with external regulations and internal procedures. Maintain current knowledge of regulatory requirements, including FERC, NERC, MISO, EPA state, local and federal regulations. Analyze multi-departmental strategies to effectively execute transactions. Understand and review MISO settlement statements with Manager Perform other duties as assigned or necessary. ESSENTIAL FUNCTIONS MINIMUM QUALIFICATIONS Education and Experience A Bachelors degree from an accredited four-year college or university with major course work in Economics, Finance, Business Administration, Accounting, Engineering, or other related field and 4 years of full-time work experience in the utility industry or data analytics. OR An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job may also be considered. Licenses and Certifications Valid Minnesota drivers license DESIRABLE QUALIFICATIONS Specific training in any/all of the following: General business, economic & financial knowledge MISO, ASM, LMP market strategies and transaction protocol Functions necessary to participate in an Independent System Operator market including bidding, settlements, shadow settlements, metering, and ancillary services. If this work interests you but you are unsure if you meet all the job requirements listed above, please apply anyway! Your experience is likely more applicable to the role than you think, and the City is interested in candidates who can bring not only technical expertise but a variety of lived experience to the team. ADDITIONAL INFORMATION PHYSICAL AND ENVIRONMENTAL CRITERIA In compliance with the Americans with Disabilities Act, the following represents the physical and environmental demands for this position. The employee must be able to perform the essential functions with or without accommodation. In consideration of the overall amount of physical effort required to perform this position, the work is best described as Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met. Physical demands that may be required continuously (2/3 or more of the time), frequently (1/3 to 2/3 of the time), and occasionally (up to 1/3 of the time) are noted below: Continuous demands: fine dexterity, sitting Frequent demands: walking, standing Occasional demands: lifting, reaching. Sensory requirements necessary in the performance of the essential functions of this position include: sight, hearing, and touch Environmental conditions that may exist in the performance of the essential functions of this job include: NONE (not substantially exposed to environmental conditions) EMPLOYEE BENEFIT AND RETIREMENT SUMMARY 01 By completing your application and supplemental questions you are attesting all information is true, accurate, and verifies your relevant education and experience. Your submitted materials will be used to determine your employment eligibility. Do you understand and agree with this statement? Yes No 02 What is your preferred name? 03 Will you now or in the future require sponsorship for employment visa status (e.g., H-1B visa status)? Yes No 04 Do you have a valid drivers license? Yes No 05 Which of the following best describes your level of education? High school diploma or equivalent G.E.D. Less than 2 years post-secondary training Completion of a 2 year program or degree Completion of a 4 year program or degree Completion of a Masters degree or higher None of the above 06 Other than your High School diploma/GED, which of the following best describes the field of study for your degree? Economics Finance Business Administration Accounting Engineering A field of study closely related to the above My degree is in an area NOT RELATED to any of the above N/A - I do not have a degree 07 Which of the following best describes your years of full-time employment experience in the utility industry and/or data analytics? No experience Less than 2 years More than 2 years, but less than 4 More than 4 years, but less than 6 More than 6 years, but less than 8 More than 8 years, but less than 10 10 or more years 08 Tell us how your professional, educational and lived experiences would help you be successful in this role. 09 Select all of the areas you have utility experience in. Generation systems Transmission systems Distribution systems Billing/Metering Finance/Accounting I have not experience in any of these areas 10 Did your years of experience in the utility industry include performing any of the following? (Select all that apply) Negotiating electric utility contracts Developing and analyzing energy reports Providing guidance in rate design Negotiating renewable generation contracts Analyzing energy market prices and trends Comprehend and apply capacity and energy processes Developing and following dispatch strategies Presenting complex data to public groups. Financial analysis, cost analysis, hedging, evaluating rates. N/A - I have no experience in any of these areas 11 Which of the following best describes your years of experience with MISO market operations, renewable energy credits, or regulatory compliance oversight? No experience Less than 2 years More than 2 years, but less than 4 More than 4 years, but less than 6 More than 6 years, but less than 8 More than 8 years, but less than 10 10 or more years 12 Please indicate the current versions of software that you are PROFICIENT in using: (select all that apply) Power BI Microsoft Office Excel Microsoft Visual Basic Microsoft SharePoint Development applications/languages (dax, python, etc.) None of the above 13 Select all of the following work tasks that you have experience doing. Review data and write reports Gather and analyze business plans, financial plans, and operating procedures. Supporting the development of Kay Performance Indicators (KPIs) Making data-based recommendations to improve policies, procedures, and operations 14 CONDITIONS OF EMPLOYMENT: If selected as a finalist, are you willing to undergo a background investigation which may include, but not limited to: verification of employment and educational records, identification verification, drivers license record and a criminal history? Yes * No Required Question Employer City of Rochester Address 201 4th Street SE Rochester, Minnesota, 55904 Phone (507) 328-2555 Website https://www.rochestermn.gov/employment

About the Company

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City of Rochester, MN