Market & Optimization Scientist
About The Position
ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We are at the forefront of New England’s ongoing transition to clean energy. The Market Solutions & Optimization Technology group performs design, modeling and analysis work for ISO markets; applies advanced optimization technology to ISO problems; and conducts interdisciplinary research in power system economics, optimization and engineering. The group provides a unique opportunity to work on fundamental and innovative solutions to challenging industry problems. We work closely with engineers and economists across multiple ISO departments and collaborate with various external research entities. As a member of this group, you will play a vital role in improving the ISO's markets, operations and planning, and your work will help shape the horizon of power industry. As a scientist in this group, you will apply knowledge and skills from a wide range of fields including mathematical optimization, economic theory and power system engineering to tackle major challenges in ISO's markets, operations and planning. You will also analyze the problems, design innovative solutions, develop prototypes and oversee the implementation.
Requirements
- A Master’s or Ph.D. degree in Electrical/Industrial/System Engineering, Operations Research or related areas
- Strong knowledge/experience in power system modeling, analysis and optimization
- Good understanding of electricity markets, power system operations and planning
- Experience with optimization solver such as CPLEX/GUROBI and programming languages such as Java/Python
- Excellent written/verbal communication skills and analytical skills
- 5+ years of experience is required for the Senior/Lead level
Responsibilities
- Analyze and assess market designs or operations/planning processes
- Develop and prototype models/solutions for market design and optimization problems
- Research electricity market designs to facilitate the region's transition to clean energy
- Research new optimization technologies to improve scheduling and pricing of electricity markets
- Perform market/operations/planning simulations and analyze the results
- Assist other ISO departments in identifying, analyzing and solving problems
- Support stakeholder processes and FERC filings
Benefits
- Competitive compensation with a base salary + performance bonus
- Enhanced 401(k) and financial planning support
- Tuition reimbursement and professional development
- Wellness programs, including an onsite gym
- Flexible work hours
- Employee Business Networks
- Free coffee at our onsite café
- Distance-based relocation assistance available
- Comprehensive health insurance (medical, dental and vision)
- Flexible spending and health savings accounts
- A 401(k) plan with generous employer contributions
- Student debt benefit
- Life and AD&D insurance
- Disability insurance
- Critical illness and hospital indemnity benefits
- Paid time off
- Paid leave
- Employee assistance program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
