Power Markets Analyst

Paces•New York, NY

7h•$120,000 - $160,000•Hybrid

About The Position

Paces is seeking a Power Markets Analyst to join their Solutions Engineering team. This role involves defining and executing methodologies for new market-informed interconnection study products, building and maintaining market data infrastructure, and connecting transmission planning results to market outcomes. The analyst will configure, run, and validate production cost models, work with product and engineering teams to translate domain expertise into automated analysis, and serve as the internal authority on ISO market clearing and market data integration into interconnection products. The company is focused on accelerating power development and transforming infrastructure construction with renewable energy.

Requirements

3+ years of experience in power market analytics, nodal modeling, congestion analysis, or production cost modeling at an ISO/RTO, utility, IPP, developer, trading firm, or consultancy.
Hands-on experience configuring and running production cost models (PROBE, PLEXOS, PROMOD, Aurora, DAYZER, or similar). You have built and debugged models, not only interpreted outputs.
Strong understanding of ISO/RTO market mechanics: LMP formation, SCUC/SCED, constraint binding, shadow prices, shift factors, flowgate definitions.
Experience working with large market datasets — historical LMPs, binding constraint records, transmission outage data — and applying them to congestion or curtailment analysis.
Proficiency in Python, SQL, or equivalent tools for data processing and analysis.
Deep familiarity with multiple ISOs.

Nice To Haves

Experience analyzing curtailment risk, basis risk, or congestion exposure for BESS, solar, or large load (datacenter) projects.
Familiarity with PowerGEM tools (TARA, PROBE) or Yes Energy data products.
Involvement in FERC proceedings, RTO stakeholder processes, or interconnection policy work.

Responsibilities

Define and execute the methodology for new market-informed interconnection study products that extend our existing power flow analysis into congestion, curtailment, and dispatch economics
Build and own the market data infrastructure — onboard vendor data, build pipelines for constraint binding histories, LMP decomposition, and outage records, and maintain datasets across target ISO markets
Connect transmission planning results to market outcomes by mapping power flow violations and shift factors to real-world constraint binding patterns and congestion pricing
Configure, run, and validate production cost models to simulate nodal market outcomes across PJM, ERCOT, MISO, and other target markets
Work directly with product, power engineers, and software engineers to translate domain expertise into automated, repeatable analysis
Act as the internal authority on how ISO markets clear and how market data should inform our interconnection products