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American Electric Power

Procurement, Contract & Operations Specialist (Mid - Sr) - fuel/coal (Commercial

American Electric Power, Columbus, Ohio, United States, 43224

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Job Posting End Date 01-13-2026 Please note the job posting will close on the day before the posting end date. Overview

The Commercial Analyst position is responsible for market evaluations, forecast planning, counterparty negotiations, contract development, and operational management. This role supports the procurement and transportation of fuel (coal, natural gas, fuel oil, and reagents) for AEP's regulated operating companies. Responsibilities include managing each plant's fuel supply and transportation to obtain the lowest reasonable cost to generate electricity. The Commercial Analyst coordinates with internal and external stakeholders to schedule deliveries and minimize fuel-related operational and quality issues. This position requires understanding AEP\'s regulatory environment and the jurisdictional requirements of each transaction to ensure fuel/environmental cost recovery. The analyst will assist other functions within a team environment. What you’ll do

Identify fuel needs for AEP\'s regulated generating units and help develop procurement plans for a reliable, flexible, and competitively priced supply and transportation portfolio.

Negotiate contracts with counter-parties and actively manage fuel portfolios to maintain a reliable, diverse, and flexible fuel supply at the lowest delivered cost, while ensuring compliance with contractual terms.

Perform timely and accurate fuel supply nominations on web-based nomination/scheduling systems according to transporter procedures and deadlines.

Must be available 24/7, including weekends and holidays if called upon to procure and schedule fuel supplies.

Enter and ensure the integrity of data records in internal IT systems (ComTrac, FuelWorks, Position Manager, Consumables Management, etc.).

Monitor and manage fuel deliveries, inventory, imbalance/demurrage positions, railcar leases and maintenance, and related activities in line with short- and long-term strategies.

Stay informed of market pricing trends, contracting methods, supply availability, transportation connections/alternatives, and potential operational constraints.

Coordinate with Production Optimization, Day Ahead Operations, Generation Dispatch, and plant personnel to understand fuel requirements and develop cost information for each unit.

Maintain knowledge of transporters, contracts, tariffs, and related obligations and charges.

Provide updates to appropriate personnel on fuel supply and transportation operating conditions and maintenance and how conditions affect receipt and delivery of fuel.

Develop and maintain relationships with fuel suppliers and transporters to provide low-cost, reliable fuel arrangements with appropriate flexibility.

Market excess fuel, terminal and railcar capacity, and Coal Combustion By-Products.

Be aware of legal, accounting, regulatory issues and initiatives that may impact fuel supply and transportation; recommend contract pricing provisions when necessary.

Coordinate with regulatory, environmental, generation, contract administration, plant personnel, settlements, accounting, and confirmations to resolve all fuel issues.

Prepare fuel testimony schedules and work papers to support fuel/environmental cost recovery and related regulatory proceedings.

Communicate ideas and recommendations to key stakeholders for coordinated solutions across Regulated Commercial Operations.

Support other AEP units with routine fuel cost reporting, special projects, SOX testing, audit coordination, and other duties as assigned.

Assist in developing procurement strategies and preparing analyses and presentations for senior-level evaluation.

What we\'re looking for

Based on education, experience, and internal equity, this opportunity will be filled at an internal title. For this posting, minimum requirements are stated at the lower grade; higher expectations apply at the higher grade. Fuel Buyer Sr. (grade 7):

base salary =

$88K - $109K Fuel Buyer (mid-level) (grade 6):

base salary =

$75K - $93K Education:

Bachelor\'s Degree in Engineering, Business, Finance, Accounting, Geology, Earth and Mineral Sciences or equivalent experience; MBA or professional certification is a plus. Work Experience:

Minimum of three (3) years in the energy or electric utility industry with fuel procurement, contract negotiations, plant and transportation operations, and regulatory cost recovery experience preferred. Other Requirements:

Availability to work overtime, call-out overtime, shift work; travel 10-25% typical; physical demand often sedentary; strong communication and Microsoft Office skills; may require up to 15-20% travel seasonally; 24/7 availability as needed; self-starter. What you\’ll get

Base Salary:

$75K - $109K In addition to base salary, AEP offers competitive Total Rewards including discretionary incentives, 401(k), pension, health insurance, vacation, and educational assistance. Who we are

American Electric Power (AEP) is an on-site employer focused on safe, reliable, and innovative energy solutions. We strive to deliver customer-first service and continuous improvement. If you\'re passionate about making a meaningful impact, consider joining us. Compensation Data: SP20-006; Range: $74,551.00 - $109,543.00 Equal Employment Opportunity:

It is the policy of American Electric Power to provide Equal Employment Opportunity in all aspects of the employer-employee relationship, including recruiting, hiring, upgrades, training programs, and promotions, without discrimination based on race, color, religion, sex, national origin, age, veteran or military status, disability, genetic information, or any other status protected by law.

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