Stephen Parrish Email & Phone Number

Charlotte, North Carolina, Us

Leading a talented, multi-disciplined team in providing a number of oversight, software development and reporting services for operating business units.-- Assisting with employee leadership in continuous improvement for key elements of Operational Excellence, including Observation, Corrective Action, Assessments, Benchmarking and Lessons-Learned Programs.-- Supporting team in development of in-house forms application for performance oversight, including Observations and Assessments.-- Engaging in oversight activities, including effectiveness reviews, performance and metrics evaluation, and business unit assessments.

Charlotte, North Carolina, Us

Led cross-disciplinary assessments of business unit performance and practices.-- Maintained and updated Operational Excellence management system to incorporate key operational leadership behaviors and expectations.-- Developed and facilitated training of company leaders in the management system at Duke Energy.-- Briefed and reported out to company senior leadership findings from assessments.-- Coordinated and managed response by business units to assessment findings for continuous improvement.

Charlotte, North Carolina, Us

Led talented team in developing and realizing the Enterprise Risk Management Program.-- Established governance for Enterprise Risk Management with the Board of Directors for the company.-- Program resulted in developing company-wide framework, including technology development for risk identification, assessment and escalation.-- Set forth Enterprise Risk Management expectations for Project, Financial and Transaction, Strategic and Operational Risks and supporting framework to manage, monitor and report.Provided thought leadership to Risk Appetite and Tolerance frameworks developed in workshops with senior company leadership.

Charlotte, North Carolina, Us

Responsible for reviewing and validating valuation models employed throughout the enterprise, including production cost simulation models, option pricing models, transaction models and project finance models.Facilitate risk assessments by business units across the enterprise to identify and characterize operational risks to achieving business objectives, including a framework to assess low probability high impact events through multi-disciplinary self-assessments.Helped craft the annual Enterprise Risk Assessment presented to the Board of Directors. Work included evaluation of disruptive technology, load vulnerability, major accident, and access to capital among other key risks to the company.

Charlotte, North Carolina, Us

Responsible for valuing and structuring long-term fixed load shape, partial and full requirements service agreements, backstand, peaking, instantaneous and other option-type power supply deals such as put, call and heat rate. Including valuing and providing recommendations to manage recovery risks associated with cost allocation risks and rate case timing.-- Structured long-term power supply agreement producing $6 billion in revenue and $1.6 billion in EBIT.-- Structured synthetic portfolio of resources to emulate a system for service to customers external to the Duke Energy Carolinas Balancing Area Athority, including a coal block, intermediate cycling resource, peaking and balancing to create an attractive product for the counterparty and mitigate risks to Duke.-- Structured backstand agreement to recover eroded revenues and produce upside EBIT opportunity of $2 million per year.Assist in maintaining and employing a formula rate for system average energy and demand cost allocation and pricing for requirements wholesale customers.Evaluate power purchase agreements and physical plant acquisition, including nuclear, combined cycle, combustion turbine and a variety of renewable energy resources including wind, solar, poultry, swine and land-fill gas.-- Structured power purchase agreements employing option analysis techniques to save ratepayers $40 million in purchase power costs.-- Evaluated wheeled wind opportunities and drove costs down of contracted supply by 20%.Employed Planning and Risk (PAR) and PROSYM production cost models in evaluation of power supply agreements and power plant valuation. Familiar with the LIM/MIMIC data aggregator software for market valuation.

Charlotte, North Carolina, Us

Responsible for developing sales forecasts for the day-ahead and real-time Bulk Power Marketing organization.Developed budget and variance analysis.Evaluated impact to short-term sales to optimize outage scheduling, value long-term wholesale deals, emissions and fuels costs.Supported the Bulk Power Marketing trading floor with historical indices analysis and evaluate risk and opportunity in forward positions in the PJM market.Valued financially traded instruments and physical assets, including monthly and daily call options for energy, heat rate energy options for physical and synthetic power plants, capacity pricing and physical plant modifications.Employed Planning and Risk (PROSYM) in analysis of capacity purchases and requirements supply sales.

Charlotte, North Carolina, Us

Performed a variety of complex transient thermal hydraulic simulations such as plant accident, pipe break energy release, and fuel assembly sub-channel DNB analyses.Developed and helped to license improved Safety Analysis methods that provided enhanced thermal and plant operational margins. Produced quality deliverables satisfying all station and NRC requirements on schedule, meeting reload licensing and project commitments. Generated 10 CFR 50.59 screens and evaluations to support plant modifications, analytical analyses and UFSAR revisions.Effectively documented analyses in Engineering Calculations consistent with license and design bases.Developed and maintained effective working relationships within design, plant Engineering and Operations. Served as the Safety Analysis representative on cycle reloads, developing the reload safety evaluation.

Strong emphasis in analysis of complex, integrated systems in support of plant licensing and design bases, incl.: Chapter 15, component and system design bases and 50.59.Successfully coordinated issue resolution by interfacing with and incorporating input from a diverse array of individuals including operations, licensing, system engineering and plant management.

Master Of Science - Ms, Mathematical Finance

Master Of Engineering - Meng, Nuclear Engineering

Bachelor Of Engineering - Be, Nuclear Engineering