Asset Evaluation Engineer/Analyst

Description

Asset Evaluation Engineer/Analyst

Generation Planning & Development, System Planning

Work Location

• This position will be based out of Birmingham, AL, however candidates living outside of the area may be considered with the expectation that they could successfully telework and would be willing to travel to work and/or field location on a routine (to be determined) and as-needed basis.

• Flexible work environment with hybrid (both in-office and telecommute) work options available.

• Relocation assistance is available (unless you live in the Birmingham area)

Position Summary

The Asset Evaluation team within Generation Planning & Development is integral to the development of the Company’s generation and regulatory strategy. The team provides cost/benefit and business case analysis to inform executive decisions for each retail Operating Company. The team will specifically provide economic evaluations and system planning support for major regulatory requests, including but not limited to, Integrated Resource Plan (IRP) filings, supply-side certifications, unit retirements, resource upgrades, evaluation of new renewable and storage opportunities, and other major investment decisions.

This position works closely with numerous organizations and all levels of the SCS and Retail Operating Company operations and planning organizations. Therefore, the successful candidate must be able to effectively communicate complex concepts clearly and concisely with diverse audiences.

Position Responsibilities

• Perform financial and risk analysis of major capital expenditure options in support of SCS and OpCo executive decision making. This includes cost-effectiveness studies, least-cost compliance studies, alternative technology cost-benefit studies, asset retirement studies, and other cost reducing/risk mitigating strategies

• Development of economic analysis in support of a cost-effective and reliable fleet transition. Economic analysis includes, but is not limited to, assessments of renewable resource technologies, energy storage technologies, existing asset optimization and retirement strategies, transmission system implications, fuel conversions, and new carbon-free resource needs that meet evolving business & customer requirements

• Work on cross functional teams in collaboration with System Planning, Transmission Planning, Research and Environmental Affairs, Fuels, Finance, and Operations (through both SCS and each Operating Company).

• Support OpCo IRP, rate cases, certifications, and other filing requests as they pertain to major supply-side decision making

• Maintain and optimize analytical tools as needed to perform and/or improve work products and efficiency

Position Qualifications (Education, Experience, Knowledge, Skills)

• Bachelor’s degree in Finance, Economics, Engineering, or an equivalent analytical field is required

• Advanced degree in one of these areas or a related field is desirable

• Experience in one or more of the following areas: financial analysis or planning, production cost modeling, economic evaluations, and generation is desirable

• Experience or understanding of power system (or related) modeling and optimization efforts. Prior experience with Aurora (electric system modeling software from Energy Exemplar) is a plus

• Proven analytical skills and the ability to communicate complex topics verbally and in written form

• Proficiency with standard analytical and business software such as Microsoft Office applications is required

• Experience with VBA, Power BI, and production cost models is preferred

• Knowledge of integrated resource planning, utility finance (including revenue requirements and cash flow analysis), engineering economics, life cycle cost analysis, avoided and marginal cost concepts, economic dispatch, production cost modeling, generation and transmission planning processes, generation technologies and operation, risk analysis, utility regulatory accounting, and utility financial analysis techniques is a plus

• Exposure to areas of economic and financial risk analysis, fleet operations, utility revenue requirements, and/or forecasting is a plus

Behavioral Attributes

• Exhibit Our Values of safety first, unquestionable trust, superior performance, and total commitment at all times

• Customer focused

• Possess a strong work ethic and personal accountability

• Must be a self-starter with the ability to prioritize work and maintain a positive attitude in a challenging and dynamic environment

• The ability to work effectively in a team setting

Travel Requirements

• This position can require some travel – typically less than 25% per year.

• Travel includes both daytrip and overnight travel, primarily within the Southern Company retail footprint, but may include anywhere in the intercontinental US.

Benefits

• Competitive Pay

• Excellent benefits packages which includes:

• Medical and dental coverage

• Defined Pension/Cash Balance Benefit Plan

• Performance-sharing plan

• 401(k) plan with a generous company match

• Bonus opportunities

• Tuition Reimbursement

*Please submit an updated resume with your application*

Southern Company (NYSE: SO ) is America's premier energy company, with 46,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in four states, natural gas distribution companies in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Through an industry-leading commitment to innovation, Southern Company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including carbon-free nuclear, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers. Southern Company has been named by the U.S. Department of Defense and G.I. Jobs magazine as a top military employer, recognized among the Top 50 Companies for Diversity by DiversityInc, listed by Black Enterprise magazine as one of the 40 Best Companies for Diversity and designated a Top Employer for Hispanics by Hispanic Network. The company has earned a National Award of Nuclear Science and History from the National Atomic Museum Foundation for its leadership and commitment to nuclear development and is continually ranked among the top energy companies in Fortune's annual World's Most Admired Electric and Gas Utility rankings. Visit our website at www.southerncompany.com .

Southern Company is an equal opportunity employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law.

#LI-Hybrid

Job Field: Engineering

Job Type: Standard

Primary Location: Alabama-Metro Birmingham/Eastern AL-Birmingham

Operating Company: Southern Company Services

Other Locations: Alabama, United States

Job Type: Standard

Travel (Up to...): Yes, 25 % of the Time

Work Location(s):

APC Corporate Headquarters - 600 North 18th Street (600BIRMINGHAM)

600 North 18th Street

Birmingham, 35203

Req ID: SCS2010524