Market Operations Analyst 1

ERCOT•Austin, TX

1d•Hybrid

About The Position

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career. ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future. Engineering support for the wholesale electricity market in Texas. Monitors system conditions and market performance. Works closely with both internal and external stakeholders concerning issues related to the wholesale market construct within the ERCOT Protocols. Helps ensure consistency and stability of the market. Acquires the skills and knowledge to provide engineering and analytical support for the wholesale market and grid operations. Prepares and validates models of the electric power systems. Applies principles of electricity market theory to understand market behavior and outcomes. Investigates methods for data analysis to develop improved analytical tools. Monitors and analyzes the wholesale electricity market. Generates and maintains market reports per requests and protocols. Assists the management team and senior experts in providing technical assistance to PUCT, industry and stakeholder groups. Recommends, reviews and tests proposed changes to the ERCOT wholesale market systems and design. Under supervision, helps to ensure all wholesale market activities have been successfully completed per protocols and works closely with Market Participants to resolve issues concerning wholesale market and grid operations. JOB DUTIES Market Operations Analyst 1 Understands and applies principles, theories and concepts related to the profession and ERCOT's culture. Exercises judgment within defined procedures and practices to determine appropriate action. Impact is generally limited to specific assignments or projects. May respond to inquiries and/or provide assistance and/or guidance to lower-level workers. ADDITIONAL JOB DUTIES Market Operations Engineer 2 Develops understanding and knowledge of competitive energy markets and trends Develops and maintains knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs Acquires the skills and knowledge to begin to anticipate and resolve issues within the ERCOT wholesale market and grid operations using power engineering knowledge Generates and maintains market reports per requests and protocols Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups With guidance from senior team members and/or management, assists in addressing Market Participant questions pertaining to the daily market and grid operations activities Attends stakeholder, industry, and PUCT meetings under the direction of the ERCOT management team Escalates issues to the Supervisor and/or Manager in a timely manner when necessary Develops strong working relationships with other internal departments Performs engineering studies using the ERCOT network models to analyze conditions and events on the system Tests and validates changes to market applications Market Operations Engineer 3 (above plus) Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed Develops and maintains extensive knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs Anticipates and resolves issues within the ERCOT wholesale market and grid operations using power engineering knowledge and experience Proposes and creates new solutions for data acquisition and reporting Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups Attends stakeholder, industry, and PUCT meetings and provides input when requested Uses judgment and provides remedies for Market Participants disputes within the ERCOT market Addresses Market Participant questions pertaining to the daily market and grid operations activities Works independently and escalates issues to the Supervisor and/or Manager in a timely manner when necessary Market Operations Engineer Senior (above plus) Serves as Subject Matter Expert Uses expert judgment to provide remedies for Market Participants disputes within the ERCOT market Communicates frequently and upon own initiative to stakeholders regarding the application of protocols Generates and/or reviews presentation materials for stakeholder, industry, and ERCOT board meetings Lends professional expertise to guide projects and help teammates as assigned by management

Requirements

Analyst Level 1: 0 years of experience is required
Bachelor's Degree: Electrical Engineering or related field (Required) or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

Nice To Haves

Demonstrates proficient technical skills
SQL and/or SAS
Experienced with data analysis using Python

Responsibilities

Monitors system conditions and market performance.
Works closely with both internal and external stakeholders concerning issues related to the wholesale market construct within the ERCOT Protocols.
Helps ensure consistency and stability of the market.
Acquires the skills and knowledge to provide engineering and analytical support for the wholesale market and grid operations.
Prepares and validates models of the electric power systems.
Applies principles of electricity market theory to understand market behavior and outcomes.
Investigates methods for data analysis to develop improved analytical tools.
Monitors and analyzes the wholesale electricity market.
Generates and maintains market reports per requests and protocols.
Assists the management team and senior experts in providing technical assistance to PUCT, industry and stakeholder groups.
Recommends, reviews and tests proposed changes to the ERCOT wholesale market systems and design.
Under supervision, helps to ensure all wholesale market activities have been successfully completed per protocols and works closely with Market Participants to resolve issues concerning wholesale market and grid operations.
Understands and applies principles, theories and concepts related to the profession and ERCOT's culture.
Exercises judgment within defined procedures and practices to determine appropriate action.
Impact is generally limited to specific assignments or projects.
May respond to inquiries and/or provide assistance and/or guidance to lower-level workers.

Benefits

ERCOT offers an excellent benefits package, which includes health, dental, vision, life insurance, long/short-term disability insurance, long-term care insurance, Section 125 Flexible Spending Account, and a Retirement Savings Plan.
The medical, dental, vision, and quality-of-life benefits offered by ERCOT are second to none.
Full-time employees are eligible to enroll in benefits on the first of the month following the date of hire.
Additionally, 401(k) plans are available to help employees plan for the future.

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