Principal Engineer Market Evaluation
About The Position
In this role, you'll assess the health of MISO's markets-focusing on reliability, efficiency, and incentives that drive desired participant behavior. You'll also recommend and evaluate new wholesale market design initiatives that deliver better outcomes for stakeholders and end-use customers. As a Principal Engineer, you'll provide technical leadership, guide teammates, and deliver progress on projects that strengthen the team's analytical capabilities. In your first year, success means you: Perform engineering, statistical, and economic analyses on market operations and outcomes Understand how MISO's market systems work and interact Assess market health, report events, and validate outcomes against design requirements Collect and analyze data to identify trends and patterns Implement alerts and screens for anomalous outcomes Use visualization tools to clearly communicate findings Present recommendations to internal and external stakeholders Streamline and automate analytical processes Enhance market models, procedures, and algorithms Evaluate compliance with tariff requirements and recommend improvements
Requirements
- Bachelor's degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical & Computer Engineering, Electrical & Electronic Engineering, or Electronics & Computer Engineering Technology
- 8 years of relevant experience, ideally 12 years
- At least 2 years of specialized experience in one or more of the following areas:
- Power system analysis and operations (and related software development) or related engineering analysis (e.g. PSSe, PowerGem, Plexos)
- Statistical or econometric analysis (e.g. R, Python, PowerBI, Azure, VBA)
- Wholesale electric markets analysis and knowledge of its standard market design
- Optimization algorithms
Nice To Haves
- Master's or PhD degree
- Experience in deregulated wholesale electricity markets or utilities
- Experience working with a Regional Transmission Organization (RTO) or market participant in the energy industry
- NERC certification
Responsibilities
- Perform engineering, statistical, and economic analyses on market operations and outcomes
- Understand how MISO's market systems work and interact
- Assess market health, report events, and validate outcomes against design requirements
- Collect and analyze data to identify trends and patterns
- Implement alerts and screens for anomalous outcomes
- Use visualization tools to clearly communicate findings
- Present recommendations to internal and external stakeholders
- Streamline and automate analytical processes
- Enhance market models, procedures, and algorithms
- Evaluate compliance with tariff requirements and recommend improvements
Benefits
- Position is also eligible for an annual bonus if individual performance and company objectives are met.
- At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Principal
Industry
Utilities
Number of Employees
501-1,000 employees
