Market Operations Engineer - CRR 2

Electric Reliability Council of Texas•Taylor, TX

6d•$82,344 - $131,720•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.

Requirements

Bachelor’s degree in Electric Engineering or related discipline or a combination of education and experience that provides equivalent knowledge to a major in such fields.
Level II Requirements: 2+ years' of working experience (in excess of degree requirements stated above) in electric utility industry.
Proven technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Level III Requirements: 3+ years' of job-related work experience in excess of degree requirements.
Senior Level Requirements: 5+ years' of job-related work experience in excess of degree requirements.

Nice To Haves

SQL
Python
PowerWorld
PSSE
Visual Basic

Responsibilities

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.
Assists in monitoring and analyzing the ERCOT wholesale market
Assists in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
With guidance from senior team members and/or management, executes market operator processes and procedures for CRR auctions and allocations
Acquires the skill and knowledge of ERCOT procedures and business functions related to the CRR 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
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
Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed
Takes lead role in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
Executes market operator processes and procedures for CRR auctions and allocations
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
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
Develops strong working relationships with other internal departments
Tests and validates changes to the applications used by the team to perform CRR auction and allocation activity
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