The company needs to validate market outcomes and ensure software business rules comply with ISO Tariff and FERC requirements, addressing market participant disputes and inquiries related to price validation, electricity market applications, and power systems operations.
Requirements
- Experience in the design, development or implementation of computational methods of market models.
- Exposure and experience with applied optimization principles and techniques, power system operations and market design.
- Strong mathematical analytical skills are required, including the ability to effectively communicate complex technical and mathematical materials and concepts.
- Ability to think technically and provide practical and feasible solutions to problems keeping multiple conflicting considerations into account.
Responsibilities
- Performs mathematical and economics analysis of market software and power systems applications results to determine validity of prices and congestion, and optimality of solutions with respect to the market model, incurred cost and impact on reliability of the power system grid.
- Supports the validation and testing of market outcomes to address market participant’s disputes or inquiries, assists in the evaluation of problems and their alternative courses of action.
- Performs duties needed to supplement the design of market operations software, processes, and policies, provides technical expertise related to cost optimization technologies, market clearing economic principles, transmission system, resource operating characteristics, and price analysis.
- Assists in identifying and resolving implementation, design and integration-related problems or potential problems within assigned areas, and may propose solutions to such issues.
- May participate in market design and development efforts to identify new measures necessary to validate market results and leverage opportunity for incorporating features that will improve market solution quality.
- Supports our Grid Operations Control Room with analysis and validation in a remote and in-person capacity.
Other
- Under the general direction of the Manager, the Market Validation and Quality Analyst (internal title) works on complex mathematical and market analytical assignments.
- Provides technical expertise to other departments and external entities related to price validation, electricity market applications, and power systems operations.
- Supports the department to ensure software business rules comply with the ISO Tariff and FERC requirements.
- Bachelor's degree (BA, BS) or equivalent education, training or experience in Engineering with a Power Systems focus, Operation Research, Economics, Finance, or related field. Master Degree preferred
- Must be able to work effectively in a team environment as facilitator and team member.
- Strong interpersonal, communication, and writing skills.
- Must be able to handle a dynamic and changing work environment, and work independently with minimal supervision.
