Optimization and Simulation Engineer - Electricity Markets

ISO New England•Holyoke, MA

11d•$136,000 - $198,000•Hybrid

About The Position

We are looking for a talented engineer to join our Advanced Technology Solutions (ATS) department. ATS is responsible for ISO New England's research and development (R&D) activities, including advanced power systems analysis and control, emerging technologies, market simulation, design and analysis, smart grid, and technology strategy. What we offer you: Hybrid work environment (2 days/week onsite) Relocation assistance Competitive compensation with a base salary + performance bonus Robust benefits package, including: Enhanced 401(k) and financial planning support Tuition reimbursement and professional developmentWellness programs, including an onsite gym Free coffee at our onsite caféFlexible work hours Employee Business Networks A stable, mission-driven workplace where your impact truly matters How you will make an Impact Conduct research in the area of electricity markets, power system reliability and optimization techniques. Participate in developing mathematical models for new or existing electricity markets or other area related to power systems. Participate in designing, development and testing of software for power system simulation, grid reliability assessment and electricity markets clearing. Maintain and provide technical support for the in-house developed software. Collaborate with other ISO-NE departments and external organizations in the area of electricity markets, optimization and software development. What we are looking for PhD or Masters degree in Electrical Engineering, Operational Research, Applied Math or Computer Science Experience in developing software for wholesale electricity markets, including relational database and optimization techniques Knowledge of the electricity market operation Understanding of power system operations and analysis Experience with programming and modeling languages such as Java, Python, GAMS, AIMMS etc. is highly desirable Working experience with commercial optimization solvers such CPLEX and GUROBI Interest in acquiring knowledge and expertise in new technologies related to electricity markets, optimization and computing. The expected salary range for this position is $136,000 - $198,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks. #LI-HYBRID

Requirements

PhD or Masters degree in Electrical Engineering, Operational Research, Applied Math or Computer Science
Experience in developing software for wholesale electricity markets, including relational database and optimization techniques
Knowledge of the electricity market operation
Understanding of power system operations and analysis

Nice To Haves

Experience with programming and modeling languages such as Java, Python, GAMS, AIMMS etc. is highly desirable
Working experience with commercial optimization solvers such CPLEX and GUROBI
Interest in acquiring knowledge and expertise in new technologies related to electricity markets, optimization and computing.

Responsibilities

Conduct research in the area of electricity markets, power system reliability and optimization techniques.
Participate in developing mathematical models for new or existing electricity markets or other area related to power systems.
Participate in designing, development and testing of software for power system simulation, grid reliability assessment and electricity markets clearing.
Maintain and provide technical support for the in-house developed software.
Collaborate with other ISO-NE departments and external organizations in the area of electricity markets, optimization and software development.