Analyst, Energy Forecasting

Business Operations / IT Edmonton, Alberta Calgary, AB


Description

Highlights of the job

 

EPCOR’s Commercial Services, Energy Management (EEM) group is excited to welcome an Analyst, Energy Forecasting [a Full-time Permanent position] working out of Calgary or Edmonton office. This role is ideal for a curious, data driven analyst who enjoys solving complex forecasting challenges and wants to contribute meaningful work that shapes energy outcomes for today and the future.

 

As an Analyst, Energy Forecasting, you play a key role in shaping how EPCOR understands and prepares for future electricity and natural gas demand across Alberta and other jurisdictions. Your work directly supports reliable, cost-effective energy planning for the communities we serve, influencing pricing, hedging decisions, portfolio risk management, budgeting, and long-term planning.

 

You will work at the intersection of data, energy markets, and operational decision making, while combining analytical depth with practical insight that help translate weather patterns, economic drivers, and market signals into actionable load forecasts and models for EPCOR’s front office and internal stakeholders.

 

This opportunity is open to internal and external candidates and is eligible to participate in EPCOR’s Where We Work hybrid program subject to business needs and eligibility. Current EPCOR Employees, please ensure that you are using your @epcor.com email address.

 

What you’d be responsible for

Reporting to the Manager, Energy Forecasting, this position will be responsible for the following (but not limited to):

 

  • Providing input that supports energy forecasting plans and alignment with EPCOR Energy Management’s goals as well as completing forecasting deliverables within the business plan.
  • Producing short, medium, and longterm electricity and natural gas load forecasts for EPCOR portfolios.
  • Identifying resources, tools or data requirements needed for effective forecasting and model development.
  • Ensuring accuracy and effectiveness against key performance indicators or metrics such as forecast error targets, volumetric thresholds, profit and loss (P&L) timelines and operational timelines.
  • Ensuring forecasting processes comply with EPCOR policies, standards, risk mitigation practices and regulatory expectations.
  • Contributing to the development, testing, and refinement of advanced forecasting and statistical models, including scenario and sensitivity planning.
  • Tracking and improving forecast accuracy using metrics such as mean absolute error and bias, and analyzing drivers of error.
  • Preparing recurring dashboards and reports that summarize forecast outcomes, key assumptions, and risk drivers for stakeholders such as trading, risk, and finance.
  • Monitoring weather patterns, economic indicators, and market fundamentals to incorporate into forecasting assumptions and support hedging, risk, and operational decisions.
  • Performing scenario and sensitivity analyses (e.g., weather, economic factors, market conditions) to quantify uncertainty and support hedging and operational decisions.

 

What’s required to be successful

Qualifications & Experience

  • Bachelor’s degree in Statistics, Mathematics, Computer/Data Science, Engineering, Economics, or Finance or related field.
  • 2+ years of experience in data analytics, energy forecasting, market analytics, or a related quantitative field
    • Individuals including new graduates with less than the required experience may be considered in a developmental capacity based on demonstrated ability to meet the core responsibilities of the role.
  • Experience developing load and/or price forecasts, including model development, validation, back-testing, and KPI reporting.

 

Technical Skills

  • Proficiency in SQL, Python (pandas, NumPy; statistics/time-series libraries), and advanced Excel; experience using Power BI or other visualization tools.
  • Experience with time-series and weather-normalized modeling, scenario analysis and back-testing.

 

Soft Skills

  • Strong analytical reasoning with the ability to communicate technical concepts to diverse audiences.
  • Strong attention to accuracy and quality, demonstrated through consistently delivering high-quality work.
  • Ability to work cross functionally and manage multiple priorities in a dynamic and agile environment.
  • Being curious and has a passion for solving complex forecasting challenges that have real impact on EPCOR’s customers and communities.

 

Assets [Nice to Have]

  • A Master’s degree.
  • Exposure to electricity and/or natural gas markets (e.g., market operations, load/price fundamentals, commodity risk).
  • Familiarity with cloud/data platforms (e.g., Azure, Databricks, SQL Data Warehouse)

 

Other important facts about this job

 

Jurisdiction: PROF

Hours of work: 80 hours biweekly

 

EPCOR Employees: Please ensure that you are using your “@epcor.com” email address.

 

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Please note the following information:

  • A requirement of working for EPCOR is that you are at least 18 years of age, successfully attained a high school diploma (GED, or equivalent level of secondary education) and legally entitled to work in Canada in a permanent full-time position. (A copy of a valid work permit may be required.)
  • If you are considered for the position, clearance on all applicable background checks (which may include criminal, identity, educational, and/or credit) and professional reference checks is required. Some EPCOR positions require an enhanced level of background assessment, which is dictated by law. These positions require advanced criminal record checks that must also be conducted from time to time after commencement of employment.
  • A technical/practical assessment may be administered during the selection process and this exercise will be used as a part of the selection criterion.