Power System Research Analyst

Ananta Consulting Group; Vadodara; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Ananta Consulting Group is seeking a Power Systems Research Analyst to perform detailed fundamental analysis and develop power flow models in Vadodara. The role collaborates with front-office analysts and traders, providing daily market overviews and flagging outliers in power markets.

The ideal candidate has electrical engineering fundamentals with power systems focus, experience in power markets, and proficiency in Python or MATLAB, PowerWorld, ETAP, and data visualization tools.

Qualifications

• Bachelor's in electrical engineering; power systems focus preferred.
• Experience in power markets is a plus.
• Hands-on with PowerWorld and ETAP.
• SQL knowledge is a plus.
• Python or MATLAB coding in power systems.

Responsibilities

• Model supply, demand, and grid congestion in US electricity markets for trading.
• Use power flow optimization for decision-making and trading.
• Maintain and calibrate security constrained OPF models with PowerWorld and PSSE.
• Perform congestion analysis using outage distribution factors and contingency analysis.
• Analyze transmission upgrades and their impact on the grid.
• Monitor electricity market prices and report to the trading team.

Skills

Python

MATLAB

Data visualization

Teamwork

Education

Bachelor's degree in Electrical Engineering

Tools

PowerWorld

ETAP

SQL

Tableau

Power BI

Excel

Job description

Job Title: Power Systems Research Analyst

Location: Vadodara (On-site)

Time: 3 pm 12 am IST

The role of Power System Research Analyst will be to do detailed fundamental analysis along with developing and maintaining various power flow models related to North American Power Markets. The Analyst will work closely with front-office analysts and traders to provide consistent support by giving daily overview of market analysis and draw attention to any outliers/findings within power markets. To be successful in this role, you should have core expertise of Electrical Engineering Concepts focused on power flow modelling and deep understanding of high voltage transmission system and basic proficiency in Python.

Tasks/Responsibilities:

• Research and model supply, demand, and grid congestion fundamentals in US electricity markets for daily financial trading and to assess longer-term trends
• Use advanced electrical engineering and operations research to support decision-making and trading in US electricity markets using power flow optimization techniques
• Maintain, execute, and calibrate security constrained optimal power flow models using power system modelling software such as Power World and PSSE
• Perform in-depth congestion analysis using power-flow modelling techniques involving outage distribution factors, contingency analysis, and optimal power flow (OPF)
• Research transmission upgrades in ISOs and analyze their impact on the transmission network
• Analyze and study generation interconnection reports to quantify their impact on congestion patterns within the electrical grid
• Track and analyze electricity market prices and communicate efficiently regarding market conditions to the trading team

Qualifications:

• Educational qualifications include a bachelors in electrical engineering. Focus on power systems is preferred
• Experience in field of power markets is a plus
• Hands-on experience with production cost modelling software such as PowerWorld and ETAP
• Advanced technology skills desired for data-mining purposes; Knowledge of SQL programming is a plus
• Ability to develop compelling and analytical data visualizations using one or more software tools, such as Tableau, Power BI, Excel, or others
• Proficient coding skills in Python or MATLAB. Relevant coding experience in field of power systems is preferred
• Team-oriented and collaborative