Senior Analyst – Transmission Production Cost Modeling

Xcel Energy

Senior Analyst role in Transmission Production Cost Modeling supporting regulatory filings and energy market forecasting for Xcel Energy. Engaging with stakeholders and improving transmission systems.

Posted 6/5/2026full-timeDenver • Colorado, Minnesota • 🇺🇸 United StatesSenior💰 $112,200 - $159,400 per yearWebsite

About the role

Key responsibilities & impact

Prepare and perform production cost modeling analyses using PROMOD and other tools to serve Xcel Energy's electric power system planning functions to meet customer demand and energy requirements and support regulatory filing and corporate budgeting requirements
Prepare direct testimony for regulatory proceedings and provide responses to regulatory agencies information requests pertaining to wholesale energy market-based plans related to the transmission
Investigate and develop new techniques to improve production cost and transmission modeling processes
Develop energy market forecasts for electric transmission development to support long-range plans, regulatory filings, and reduce congestion
Provide responses to regulatory agencies information requests pertaining to wholesale energy market-based plans and modeling of Xcel Energy's transmission system
Perform independent analyses to respond to or support regulatory agencies review of Xcel Energy's transmission system
Develop production cost input and transmission modeling for electric system planning purposes
Prepare forecasts of system impacts to congestion and curtailment
Engage with external transmission planning organization (MISO, SPP, etc.) models and policies to verify model accuracy, identify strategic transmission projects and strategic processes to reduce customer congestion costs
Perform electric transmission modeling analyses to independently evaluate activities of Xcel Energy's operating companies, from a Risk Management perspective, pertaining to transmission assets, resource additions, regional planning processes, competitive transmission development, and environmental issues
Prepare independent evaluations of regional transmission plans, and analysis of existing and new transmission system limitations
Perform monthly assessment of resource congestion and curtailment
Support responses to regulatory group and state regulatory agencies requests and questions, work on proactive congestion mitigation measures to reduce customer cost
Maintain all input data necessary for the transmission production cost model
Ensure transmission and generation systems are accurately modeled in terms of ratings, flow gates, fuel costs, production capability (heat rates, capacity, VOM, etc.) and contract terms in order to provide accurate analysis of transmission system impacts
Optimize existing and write new programs to post process output, as well as develop visualizations to communicate the story from the data to internal and external partners

Requirements

What you’ll need

Bachelor's of Science or Bachelor's of Arts degree in systems or electrical engineering, economics, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience
At least 8 years of experience in analyzing transmission systems including 5 years analyzing wholesale energy markets using financial tools/production simulation software
Must have advanced quantitative analysis skills and extensive knowledge in the systems and software required for such analyses
Extensive knowledge of the performance, operations and modeling of assets, preferably Xcel Energy's assets, is desired
Experience with PROMOD or GridView Production Cost Modeling software or equivalent (preferred)
Advanced skills using spreadsheet and database software (preferred)
Demonstrated technical communication (preferred)

Benefits

Comp & perks

Annual Incentive Program
Medical/Pharmacy Plan
Dental
Vision
Life Insurance
Dependent Care Reimbursement Account
Health Care Reimbursement Account
Health Savings Account (HSA) (if enrolled in eligible health plan)
Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
Transportation Reimbursement Account
Short-term disability (STD)
Long-term disability (LTD)
Employee Assistance Program (EAP)
Fitness Center Reimbursement (if enrolled in eligible health plan)
Tuition reimbursement
Transit programs
Employee recognition program
Pension
401(k) plan
Paid time off (PTO)
Holidays
Volunteer Paid Time Off (VPTO)
Parental Leave

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

production cost modelingquantitative analysiselectric transmission modelingenergy market forecastingdata visualizationprogram optimizationfinancial toolssimulation softwarecongestion mitigationrisk management

Soft Skills

technical communication