Manager Renewable and Carbon Portfolio Planning

Overview

Title: Manager Renewable and Carbon Portfolio Planning

Department: Renewable and Carbon Portfolio Planning

Location: Sacramento, CA, US

Category: Miscellaneous

Minimum Pay Rate: $

Maximum Pay Rate: $

Civil Service Status: Civil Service

Apply by Date: 02/02/2026

Posting Type: Open

SMUD has powered our community for over 75 years and is known as one of the nation's most progressive publicly owned electric utilities. We are committed to delivering reliable, affordable electricity while leading the clean energy transition and eliminating carbon emissions from our power supply. We offer a supportive culture, competitive pay, great benefits, and opportunities for growth.

SMUD is seeking an experienced manager to lead the Renewable and Carbon Credit Portfolio team. You’ll oversee all aspects of our RPS and carbon credit compliance, ensure regulatory requirements are met, and maximize the value of these portfolios to achieve financial and environmental goals. You will lead a cross-functional team and collaborate across the organization to support SMUD’s long-term vision.

Purpose

To provide management, expertise, and guidance by overseeing all aspects of SMUD's Renewable and Carbon credit portfolio ensuring SMUD is prepared to meet long-term regulatory compliance requirements while maximizing the value of the portfolio to achieve financial objectives of the organization; and maintaining SMUD's long term carbon compliance outlook.

This manager oversees a cross functional team within a broad scope of responsibilities; develops, implements and manages department goals, objectives, policies, and priorities in partnership with the department Director; selects, trains, motivates, evaluates, and develops staff; and ensures, alongside management peers, that department strategic objectives and priorities are achieved.

• Manage SMUD's Renewable Energy credit (REC) portfolio to maximize the value of the Renewable Portfolio Standard (RPS) and California Air Resources Board (CARB) Carbon Allowance allocations; ensure compliance with California's RPS requirements and manage RECs for SMUD's green pricing programs; develop long-term strategies for using Cap and Trade Carbon Allowances to meet financial objectives; conduct risk evaluation to determine trade-offs in decision-making;
  
  maintain RPS compliance and enforcement reports, ensuring adherence to California Energy Commission (CEC) requirements; coordinate with SMUD's Resource Planning team on REC needs for compliance.
• Oversee compliance with regulatory filings such as RPS and Power Source Disclosure (PSD); represent the department in cross-functional teams discussing renewables and carbon credits; act as the subject matter expert on new regulatory requirements proposed by CEC and CARB; assess regulatory changes and ensure new renewable contracts meet compliance requirements.
• Provide supervisory oversight for SMUD's RPS and Carbon portfolios; develop and present RPS and Carbon allowance outlook information to management; maintain models and forecasts for accurate reporting and update long-term strategies; collaborate with budget and finance teams to reflect compliance costs and forecast allowance values; support decision-making on renewable and carbon-free resources in coordination with Resource Planning.
• Ensure timely and accurate RPS and PSD compliance and annual reporting with the CEC and maintain accurate record keeping supporting compliance.
• Support SMUD's overall Integrated Resource Planning process.
• Provide supporting analytics for business practices and projects to senior management, the Board, and the public; present forecasting and market data to inform key stakeholders of economic factors affecting SMUD policy and direction.
• Direct the work of subordinates, ensuring staffing levels and work quality meet defined objectives; interpret and execute SMUD's policies and procedures, oversee and evaluate work, and ensure staff safety; hire, train, coach, mentor, and develop subordinates to solve complex problems and meet project and operational schedules and budgets.
• Monitor unit budget expenditures, identify and reconcile…