Engineer, Transmission & Market Fundamentals

Deriva Energy•Charlotte, NC

7d•Onsite

About The Position

Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations. As an Engineer, within the Transmission & Market Fundamentals team, you will collaborate with team leadership and senior colleagues to execute critical functions that underpin the successful development, construction, and operation of utility-scale solar, wind, and battery energy storage (BESS) projects.

Requirements

Bachelor's degree in electrical engineering or other closely related discipline
Three (3) years or more of experience in related fields in addition to degree (for Engineer III)
Five (5) years or more of increasingly diverse or complex experience in related field in addition to degree (for Senior Engineer)

Nice To Haves

Bachelor's degree in electrical engineering with an emphasis in power systems
Master’s degree in electrical engineering or similar discipline
Two (2) years or more of experience performing steady state/production cost/market operations analysis at an ISO, transmission owner or technical consultant
A PhD degree may substitute for three (3) years of work experience
Experience using power flow or production cost modeling tools like Power World, TARA, PSS/E, UPLAN, PORMOD, PROBE
Experience understanding and/or performing ISO system impact studies and transmission owner facilities studies
Excellent problem-solving skills, attention to detail, and the ability to translate complex technical concepts to a variety of stakeholders
Ability to work independently while providing subject matter expertise in a collaborative team environment
Self-motivated with a high level of initiative and accountability
Excellent written and oral communication and organizational skills

Responsibilities

Revise mid- to long-term production cost models to reflect changes in generation and transmission topologies
Conduct medium- and long-term production cost analyses to establish an internal perspective on congestion trends for both greenfield and acquisition projects
Evaluate the commercial implications for projects arising from planned generation additions or retirements, transmission infrastructure development, and changes in energy market fundamentals
Provide support for project interconnection activities with ISOs, TPs, and TOs during the project's study phase by reviewing and analyzing studies submitted by ISOs, TPs, and third-party consultants
Engage in collaborative discussions with external consultants to facilitate the preparation of independent reports on transmission, congestion, and curtailment in support of project financing initiatives
Facilitate project offtake activities by conducting internal production cost analyses and/or reviewing assessments provided by third-party consultants
Revise short- to medium-term production cost models to reflect changes in market dynamics and grid conditions
Conduct production cost analyses across various market footprints to internally assess near- and mid-term congestion trends
Assist the trading team by conducting scenario-based analyses to mitigate market risks associated with operational projects through participation in Day-ahead and FTR/CRR/TCR markets
Stay informed about evolving market regulations that may affect the commercial viability of projects
Engage in relevant stakeholder forums across various ISOs and RTOs
Evaluate the implications of market design modifications on both operational and development projects
Establish an internal projection of long-term Energy, Capacity, and REC prices, based on anticipated shifts in supply and demand dynamics within the relevant market footprint