The New York Independent System Operator (NYISO) needs to define and lead research and development activities to achieve long-term market vision, develop and evolve market technology solutions, and ensure applications software is functional to operate markets in accordance with market rules and reliability criteria, managing projects that handle emerging technologies for New York State renewable power goals.
Requirements
- Knowledge of power system operations, system planning and electricity markets; computer systems, optimization modeling, application software development, data engineering, scripting and shell programming.
- Ability to work with mathematical concepts such as probability and statistical inferences and fundamentals of plane and solid geometry and trigonometry, understand and apply optimization techniques.
- Ability to comprehend and apply principles of advanced calculus, modern algebra, and advanced statistical theory. Ability to work with concepts such as limits, rings, quadratic and differential equations, and proofs of theorems.
- Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.
- Knowledge and understanding of how market software works and the process of IT software development
- Provide support and direction to projects that include proof of concept testing for changes of the core algorithm in the unit commitment and dispatch software
- Provide technical support for the evolution of resource adequacy models like GE-MARS, ICAP auction models, capacity expansion models and capacity accreditation models.
Responsibilities
- Define and lead studies of future market products and technologies by prototyping and simulations, using historical data or other sound technical approaches, to validate the completeness and accuracy of requirements, robustness of the available technology, evaluate the potential market outcomes and consumer impacts, consider potential market behavioral risks and to confirm that all applicable compliance objectives are met by the requirements.
- Provide technical leadership to prepare market enhancements in response to the findings of the State of the Market Report
- Provide technical leadership to prepare market enhancements in response to the Stakeholders and Regulators
- Provide solution and technical leadership in consultation with vendors
- Develop mathematical models for all market projects in the organization including energy, capacity and TCC markets.
- Supervise, train, and develop Market Research and Engineering staff to be able to develop and test software changes to the Unit Commitment and economic dispatch algorithm used in the ISO Energy Markets.
- Administer and provide guidance on software modifications to the Security Constrained Unit Commitment (SCUC) and Real-Time Scheduling (RTS) programs.
Other
- Collaborate with market design, project implementation, IT and Operations teams and act as a liaison between the different teams through the market design phase of a project.
- Present and defend new designs and solutions to stakeholders, regulators and senior
- Collaborate with other ISOs / RTOs in technology and business solutions evaluation and development.
- Must have excellent verbal and written communication and management skills.
- Excellent interpersonal, organizational and teamwork skills needed.
