Market Operations Engineer - Day Ahead

ERCOT • Taylor, TX

2d • 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. JOB SUMMARY 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 Engineer 1 & 2 - DAM Executes the Day-Ahead Market daily, and validates the inputs and results Works shifts for Day-Ahead Market operations desk, which operate 10 hours a day on a rotation that includes some holidays and weekends Assists in monitoring and analyzing the ERCOT wholesale market Assists in the creation of network models of the ERCOT system for the Day-Ahead Market Acquires the skill and knowledge of ERCOT procedures and business functions related to the Day Ahead Market program and other ERCOT operations 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 Escalates issues to the Supervisor and/or Manager in a timely manner when necessary Develops strong working relationships with other internal departments Market Operations Engineer 3 - DAM Executes the Day-Ahead Market daily, and validates the inputs and results Works shifts for Day-Ahead Market operations desk, which operate 10 hours a day on a rotation that includes some holidays and weekends Assists in the creation of network models of the ERCOT system for the Day-Ahead Market Tests and validates changes to the applications used by the team to execute the market 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 Generates and maintains market reports per requests and protocols 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 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 Develops strong working relationships with other internal departments

Requirements

• Education: Bachelor’s degree in Electrical Engineering or related field, or a combination of education and experience that provides the applicant with knowledge equivalent to a major in such fields.
• Work Experience Required Engineer 2 – Minimum 1 to 2 years (in excess of degree requirements stated above) of progressively responsible experience as a power system engineer or similar type role.
• Experience within the electric utility industry preferred.
• Engineer 3 - Minimum 3 years (in excess of degree requirements stated above) of progressively responsible experience as a power system engineer or similar type role.
• Experience within the electric utility industry preferred.

Nice To Haves

• Experience within the electric utility industry preferred.
• Experience within the electric utility industry preferred.

Responsibilities

• Executes the Day-Ahead Market daily, and validates the inputs and results
• Works shifts for Day-Ahead Market operations desk, which operate 10 hours a day on a rotation that includes some holidays and weekends
• Assists in monitoring and analyzing the ERCOT wholesale market
• Assists in the creation of network models of the ERCOT system for the Day-Ahead Market
• Acquires the skill and knowledge of ERCOT procedures and business functions related to the Day Ahead Market program and other ERCOT operations
• 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
• Escalates issues to the Supervisor and/or Manager in a timely manner when necessary
• Develops strong working relationships with other internal departments
• Tests and validates changes to the applications used by the team to execute the market
• 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
• 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

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.
• Additionally, 401(k) plans are available to help employees plan for the future.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level