The California ISO is looking for an advanced analytics professional to support data-driven policy decisions and the development of market design. The role involves analyzing energy market data to identify trends, provide insights for business decisions, and ensure policy and software business rules provide intended solutions.
Requirements
- Strong analytical and quantitative skills, with experience in data science.
- Knowledge of energy markets, energy policies, and regulations.
- Exposure and experience with applied optimization principles and techniques, power system operations and market design.
- Experience with programming languages such as R, Python, or SQL.
- Familiarity with data visualization tools and techniques.
- Strong mathematical analytical skills are required, including the ability to communicate effectively complex technical and mathematical materials and concepts.
Responsibilities
- Develops data science algorithms for predictive analytics and supports the successful development of market design and policies.
- Performs descriptive analytics for the energy market including day-ahead and real-time, energy and reliability services, congestion revenue rights as well as operational performance.
- Develops and implements business solutions such as new market products and/or new market constraints and procedures.
- Supports the production activities for default energy bid (DEB) calculations, commitment costs, including complex analysis of all components of the default bids and commitment costs, to ensure the accuracy of the inputs and the calculation of the bids, and its impact on the market outcomes.
- Leverages engineering principles, production cost modeling, and generation simulation to evaluate market participant requests for adjustments to major maintenance adders, while analyzing resource operating characteristics, market operations, and price volatility.
- Utilizes complex mathematical optimization models to compute opportunity costs for gas-based units, ensuring adherence to ISO Tariff regulations and business practice manuals.
- Monitors, analyzes and reports on market results, its efficiency and effectiveness.
Other
- Bachelor's degree (BA, BS) or equivalent education, training or experience in Electrical Engineering, Data Science, Computer Science, Statistics, Mathematics, Economics or related field. Master Degree preferred.
- Equivalent years of education and training, plus two (2) or more years related experience.
- Strong verbal and written communication and documentation skills required, with a demonstrated attention to detail.
- Ability to use deductive reasoning and analytical thinking with sound judgment and decision-making skills.
- Must be self-starting and willing and able to work independently in a dynamic corporate organization under pressure of tight deadlines and aggressive expectations.
