Engineer I or Engineer II - Market Design, Markets+

Southwest Power PoolLittle Rock, AR
144d$80,000 - $98,000Hybrid

About The Position

Southwest Power Pool (SPP) is about more than power. We're about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas' Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on! We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way. The Market Design Engineer is responsible for understanding and analyzing the current Markets+ market design, evaluating the impact of proposed modifications, and leading efforts to resolve market issues. This role involves facilitating market design changes through the SPP stakeholder process, interacting with various working groups, and providing market analysis to support these changes.

Requirements

  • Bachelor of Science in Engineering from an ABET accredited university or a graduate degree from a college that has ABET accreditation.
  • Degree should be in a calculus-based engineering field, preferred programs are Electrical Engineering, Computer Engineering, Industrial Engineering, Mechanical Engineering, or Systems Engineering.
  • Engineer I - No experience necessary; Engineer II - 2 years of experience.
  • Competent with administrative and communication tools for word processing, spreadsheet development, and time keeping.
  • Strong knowledge of several power systems analysis tools applicable to power system steady state, dynamic, short circuit, or database management systems.
  • Strong inter-personal and teamwork skills along with good written and verbal communication skills.
  • Excellent working skills with communication and data handling software such as Microsoft Office© Word, Excel, Access.
  • Understanding and compliance with SPP Policies and Procedures.

Nice To Haves

  • A Professional Engineer License.
  • Advanced degree in related field of study.
  • Electric Utility Industry experience.
  • Proficient with most SPP power systems analysis tools with a solid command of several SPP tools and/or processes.
  • Sound understanding of the SPP Open Access Transmission Tariff, FERC & NERC governing documents, SPP By-Laws, SPP Criteria and the SPP Committee structure.

Responsibilities

  • Apply a thorough understanding of SPP's market rules and policies to ensure consistent execution of business functions.
  • Engage with SPP market participants and member companies to discuss and coordinate market design issues and changes.
  • Recommend market design changes to management, facilitating them through the SPP stakeholder process and ensuring alignment with market policy.
  • Conduct detailed market analysis to identify weaknesses and areas for improvement, and create comprehensive market reports and metrics.
  • Work closely with SPP Operations, Legal, Regulatory, Settlements, and Congestion Hedging teams to ensure market design consistency and compliance with FERC regulations.
  • Assist in supporting FERC filings by providing relevant data and supporting the drafting of testimony and filing letters.
  • Research and analyze market designs from other RTOs/ISOs and Western Market initiatives to identify potential improvements or opportunities for innovation.
  • Develop educational materials on market design topics and support the training and development of junior market design staff.
  • Lead internal and external discussions to resolve market issues and present market design changes to SPP stakeholder committees and working groups.

Benefits

  • Competitive and transparent pay with bonus opportunities.
  • Excellent insurance package including three great medical plans to choose from, employer-paid short-term disability, long-term disability, and life insurance.
  • Relocation bonus (if applicable).
  • Hybrid working environment for positions that are eligible.
  • Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a pension (defined benefit plan) fully funded by SPP.
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