Energy Resource Planning Graduate Intern - MN at Xcel Energy in Minneapolis, MN

Job description

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy. Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs. At Xcel Energy, our employees are the driving force behind our success. So we make sure that, here, you can be your best. Doing work that makes a difference for neighbors and communities. Working with a team you can count on to push you. Expanding skills, staying ready for change, and capturing opportunities to grow. All with the support, rewards and recognition you need to thrive – during your internship and beyond. Xcel Energy is seeking candidates to support the Northern Power Company (NSP) Resource Planning team in our Integrated System Planning organization in Minneapolis, MN. The paid internship provides an opportunity to showcase your analytical ability to support various resource planning workstreams in our five-state Upper Midwest service territory. The program provides practical work experience to develop your existing skillset, present to leadership, and collaborate with key internal stakeholders. The intern will be relied upon to play a role in achieving resource planning objectives and goals. The program will allow you to apply what you’ve learned in school and further enhance your knowledge through hands-on training and provide opportunities to network and learn with other interns across the Integrated System Planning organization. Typical intern responsibilities may include but are not limited to: Participate in the weekly meetings to track various resource planning workstreams Contribute to the development and approval of the NSP resource expansion plan. Responsibilities include but are not limited to: Working with internal stakeholders to gather input assumptions for modeling; Preparing presentation materials for external stakeholder engagement; Conducting research on various MISO workshops on resource accreditation, planning reserve margin and other relevant topics; Conducting research on cost assumptions for various generation types and emerging technologies; Performing data analytical work to support strategic decisions on generation asset retirement, extension and expansion; Contribute to executing Request for Proposals to solicit new long-term capacity and energy resources. Responsibilities include but are not limited to: Working with internal subject matter experts to evaluate bids using financial, economic, environmental and other criteria; Gathering bid information to support modeling effort; Preparing presentation materials for executive approval. This position is for a May 24, 2027 start date. This position may have the possibility to extend beyond the internship’s initial term based on the candidate’s successful performance and Xcel Energy’s business needs. Minimum Requirements: Current student, Graduate School Enrolled in an accredited college or university and pursuing a degree in finance, economics, operations research, mathematics, business, data analytics, engineering Able to work fu