About The Energy Authority

The Energy Authority is a public power-owned, nonprofit corporation with offices in Jacksonville, Florida, and Bellevue (Seattle), Washington. TEA provides public power utilities with access to advanced resources and technology systems so they can respond competitively in the changing energy markets. Through partnership with TEA, utilities benefit from an experienced organization that is singularly focused on deriving the maximum value of their assets from the market.

TEA Values

TEA employees share a common sense of purpose. When TEA accomplishes its mission, the result is improved quality of life for the citizens and businesses of the communities our clients serve.

TEA employees exceed the expectations of those they serve, deliver services with the highest standards of fair, honest, and ethical behavior, set the standard for service and expertise in our industry, embody a spirit of collaboration, and embrace TEA’s founding entrepreneurial spirit by seizing opportunities to deliver value.

If you are self-motivated, driven to deliver excellence, and passionate about your career, TEA is the perfect place for you.

It’s YOUR Future. It’s OUR Future.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Stochastic Risk Models to enable our customers to make smart hedging decisions.
• Simulation models for analyzing production costing and transmission congestion conditions.
• Trading Analysis and Asset Valuation to facilitate profitable trading.
• Economic Advice to our customers and senior management regarding portfolios and strategic decision making.
• Forecasting of key market drivers.
• Fundamentals analysis of power, natural gas, and coal markets and utilizing such analysis to developing and promote insights across the Trading Department

• Basic Skills– TEA expects all analysts to have or develop all of the following skills
  • Strong working knowledge of MS Office productivity and automation software, especially Microsoft Excel.
  • Strong knowledge of industry fundamentals.
  • Strong knowledge of bilateral, exchanged traded, and RTO energy markets.
  • Understanding of basic statistics and probability.
  • Strong knowledge of finance and business analysis.
  • Strong oral and written communication skills.

• 
  Advanced Skills– TEA expects that analysts will have or work to acquire some or all of the following skills as they advance through the organization.
  • Strong working knowledge of database query and programming capability.
  • Strong working knowledge of one or more object-oriented development languages (Visual Basic, C#, etc.)
  • Stochastic Math / Monte Carlo modeling.
  • Ability to build fundamental-based models for asset, trade valuation.
  • Ability to build probability-based models for asset, trade valuation.

• Entry Level/Junior Portfolio Analyst - Ability to Operate & Maintain Models
  • Operate & maintain models to support routine analysis.
  • Develop & maintain a strong working knowledge of the tools used by TEA.
  • Acquire a strong knowledge of functions performed by various areas of TEA.
• Qualified Portfolio Analyst - Ability to Design the Models & Evaluate their Effectiveness
  • Develop & maintain a strong working knowledge of the theory and practice of complex analytical models.
  • Design, build and evaluate basic models.
  • Maintain and upgrade complex models – evaluate their performance.
  • Not on the bleeding edge but more “fast followers”
• Senior Portfolio Analyst - Provide knowledge support to TEA’s senior team to assist in making strategic decisions for TEA
  • All of the above plus:
  • Have developed professional networks across TEA’s staff, the staff of TEA’s Members and Partners, and the electric utility industry
  • Prepare reports, presentations, and other materials that provide senior management of TEA, Clients, and industry parties the results of analyses performed by the analyst or other team members
  • Support TEA’s business development efforts
  • Responsible for project schedules and budgets
• All Portfolio Analysts
  • Monitor FERC, EPA, and relevant State regulatory agencies to understand their existing and proposed rules and tariffs
  • Develop in-depth knowledge of the relevant analytical tools utilized within TEA’s Strategic Innovations & Analytics department and be prepared to use these tools and applications on an as-needed basis. These tools and applications may include some or all of the following:
    • Machine Learning
    • eSmart Systems’ Connected Grid
    • R
    • Python
    • Gurobi
    • MatLab
    • Cambridge Energy Solutions’ Dayzer
    • ABB’s E7 Suite of applications
      • PROMOD
      • Portfolio Optimizer
      • Capacity Expansion
      • Velocity Suites
    • EPIS’ AuroraXMP
    • YES Energy
    • Genscape
    • HedgeFox
    • Transmission powerflow applications such as PSS/E or Powerworld
  • Assist TEA’s staff, and the staff of TEA’s Members and Partners, in the review and analyses of potential industry changes that could impact our Members and Partners
  • The ability and willingness to travel for team meetings, project meetings, and conferences on an as-needed basis.

Education and/or Experience