Power Market Modeling Lead: Strategy & Forecasting

Meralco PowerGen (MGEN); Pasig; On-site; PHP 1,800,000 - 2,600,000; Full time

Job summary

Meralco PowerGen (MGEN) in Pasig, Philippines, seeks a Power Markets Head to oversee development and maintenance of models for energy market simulations, price forecasting, dispatch modeling, and system operation scenarios. You will lead model development, ensure platform currency, and administer modeling environments to support trading, asset planning, and regulatory engagements.

The role requires deep technical expertise in electricity market design, modeling platforms, and power systems

Qualifications

• Bachelor's or Master's degree in Electrical Engineering, Energy Systems, Economics, or related field.
• 5-8 years of experience in power market modeling, system operations, or analytics.
• Proficiency in market simulation tools and power system software (e.g. PLEXOS, PSSE, or similar).

Responsibilities

• Lead the development and maintenance of power market models, including energy market simulations, price forecasting, dispatch modeling, and system operation scenarios.
• Oversee the use of platforms such as PLEXOS for energy modeling, and/or optimization.
• Ensure models are kept current with the latest software releases and capabilities of modeling platforms (e.g. PLEXOS).
• Serve as the administrator for modeling environments, including cloud-based infrastructure and license management.
• Oversee technical grid-related studies, including system reliability, transmission planning, and resource adequacy assessments.
• Provide technical expertise and market insights to support commercial strategies, regulatory filings, and/or risk and opportunity assessments.
• Work closely with various teams to align market modeling outputs with business objectives.
• Stay up to date on developments in the energy sector, including market reforms, emerging technologies (e.g., battery storage, VPPs), and transmission planning.
• Develop and validate long-term and short-term market forecasts, including price, load, and generation mix scenarios.
• Ensure model accuracy, documentation, version control, and reproducibility standards are met.
• Coordinate with IT and data teams to streamline data pipelines and ensure modeling data integrity.
• Act as the organization’s point person and subject matter expert on power systems modeling and electricity market analysis.

Skills

Analytical thinking

Leadership

Project management

Communication

Education

Bachelor or Master’s degree in Electrical Engineering, Energy Systems, Economics

Tools

PLEXOS

PSSE

Python

R

SQL

Job description

Meralco PowerGen (MGEN) in Pasig, Philippines, seeks a Power Markets Head to oversee development and maintenance of models for energy market simulations, price forecasting, dispatch modeling, and system operation scenarios. You will lead model development, ensure platform currency, and administer modeling environments to support trading, asset planning, and regulatory engagements.

The role requires deep technical expertise in electricity market design, modeling platforms, and power systems