Market Operations Engineer/Analyst

ERCOT•Austin, TX

2d•Hybrid

About The Position

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.

Requirements

0 years of experience is required (Engineer Level 1)
Minimum 1 year job related work experience in excess of degree requirements (Engineer Level 2)
Minimum 3 years job related work experience in excess of degree requirements (Engineer Level 3)
Minimum 5 years job related work experience in excess of degree requirements (Senior Level Engineer)
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

SQL and/or SAS
Experienced with data analysis using Python

Responsibilities

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
Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed
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