Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow?  A  position at Xcel Energy could be just what you’re looking for.

Position Summary

Essential Responsibilities

• Design and perform quantitative studies of historical and forecasted prices, system loads, fuel costs, and determination of the natural position of XE's power system portfolios. Support trading and risk management activities through quantifying the natural position of each XE regulated operating company. Troubleshoot daily operation of XE's regulated electric operating companies and provide technical support to real-time traders during daily operation of the systems. Assist Fuels in the determination of forward fuel requirements and the daily gas nomination process.

• Identify opportunities to improve system operations. Design and create analytical studies to model opportunities and determine costs/savings (e.g. rescheduling plant maintenance, alternative operating strategies for certain resources, etc.). Help plant operations personnel understand the market implications of plant operating decisions.

• Create and run modeling scenarios to optimize daily unit commitment, additional purchases/sales, and long-term energy limited or constrained seasonal purchases. Verify accuracy of results through extensive post-analysis of XE system performance. Develop short-term load forecasts, current plant/contract availability, fuel costs, and market conditions. Determine quantities of energy to buy/sell, optimal scheduling of constrained resources, and optimal commitment decisions for plants/contractual resources. Bid load and offer generation into organized markets on behalf of the company.

• Design and perform post-analysis models of previous day system operation to determine opportunities for dispatch efficiency and purchase/sales improvements. Perform benchmarking of models as appropriate to assure analysis integrity. Verify accuracy of sales costing.

• Seek improvements to processes and analyses used for purchasing/selling commodities, scheduling of contracted resources, and commitment/dispatch of XE generation assets.

• Perform pricing and costing of Real-Time Pricing Program sales and wholesale sales.

• Develop knowledge of regulatory requirements. Identify opportunities to automate solutions for data transfers. Recommend trading strategies based on technical and fundamental market analysis.

Minimum Requirements

• Bachelor's degree in mathematics, engineering, applied sciences, or related fields.

• Prefer mechanical engineering background or individuals with power plant operations experience coupled with strong computer skills and analytical thinking.

• Preference given to individuals with at least 6 months experience with generation cost modeling software such as Plexos, Aurora, Prosym, Promod, or Gentrader.

Preferred Requirements

• Experience in organized wholesale electricity markets, commodity trading, portfolio management, risk management, or utility operations. 

• Knowledge of nodal electricity markets, LMP formation, transmission congestion, binding constraints, and ISO/RTO settlements.  

• Familiarity with FTRs, ARRs, congestion hedging, transmission rights, or ISO/RTO auction markets.  

• Knowledge of MISO or another organized wholesale electricity market.  

• Experience using SQL, R, Power BI, Tableau, Git, APIs, automated data pipelines, or similar analytical technologies.  

• Experience with Python analytical libraries such as pandas, NumPy, SciPy, statsmodels, scikit-learn, or comparable tools.  

• Experience analyzing large market, operational, settlement, financial, or time-series datasets.  

• Experience with generation-cost, production-cost, or power-flow modeling software such as PLEXOS, Aurora, PROMOD, ProSym, Gentrader, DAYZER, PowerWorld, GridView, UPLAN, or comparable applications.  

• Experience developing repeatable analytical tools, automated processes, dashboards, or decision-support models.  

• Demonstrated commercial judgment or trading instincts, including the ability to connect quantitative results with market risks and potential opportunities.  

• Intellectual curiosity and a demonstrated willingness to question assumptions, investigate anomalies, and understand the fundamental drivers of market outcomes.  

• Ability to communicate technical findings effectively to traders, management, regulatory personnel, and other stakeholders. 

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [email protected].

Non-Bargaining

The anticipated starting base pay for this position is: $84,900.00 to $120,566.66 per year

This position is eligible for the following benefits: 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

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation.  You will not be penalized for redacting or removing this information.

Deadline to Apply: 09/16/26

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

 

ACCESSIBILITY STATEMENT

Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.