Engineer I Market Evaluation

Midcontinent Independent System Operator (MISO)

Carmel (IN)

On-site

USD 71,000 - 96,000

Full time

6 hours ago
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Job summary

Midcontinent Independent System Operator (MISO) seeks a quantitative analyst to evaluate market health, perform analyses of market operations, and report findings to stakeholders. You will build understanding of how MISO’s market systems interact, collect data, and turn results into clear insights.

You’ll contribute to improving analytical processes and supporting reliability for 47 million people. You will work from Carmel, IN, with a base salary range of $71,000–$96,000 USD and eligibility for

Qualifications

  • Bachelor’s degree in Electronics & Computer Engineering Technology, Electrical & Electronic Engineering, Electrical & Computer Engineering, or related field.
  • 1–2 years of relevant work experience preferred.
  • Experience or exposure to energy market forecasting/analysis, power system analysis, software development, data science, econometric analysis, market design, or optimization algorithms.
  • Working knowledge of data analysis and programming tools such as Python, Power BI, and Azure.
  • Experience with power engineering or market simulation tools such as PowerGEM or PLEXOS is preferred, but not required.

Responsibilities

  • Evaluate and report on the overall health of MISO’s markets, focusing on reliability, efficiency, and whether outcomes align with design goals.
  • Perform engineering, statistical, and economic analyses of market operations and market participant behaviors.
  • Develop a strong understanding of MISO’s market systems and how they fit together.
  • Collect, organize, and analyze data to identify meaningful patterns, trends, and potential concerns.
  • Use data visualization tools to turn complex analyses into clear, actionable findings.
  • Help improve analytical processes by identifying opportunities to streamline and automate repetitive activities.

Skills

Python
Power BI
Azure

Education

Bachelor's in Electronics & Computer Engineering Technology
Bachelor's in Electrical & Electronic Engineering
Bachelor's in Electrical & Computer Engineering
Bachelor's in Electrical Engineering Technology
Bachelor's in Computer Engineering
Bachelor's in Electrical Engineering

Tools

PowerGEM
PLEXOS

Job description

Description

In this role, you will evaluate and report on the overall health of MISO’s markets, with a focus on reliability, efficiency, and whether market outcomes are driving the intended behaviors. You will join a growing team with the opportunity to evaluate and recommend new wholesale electricity market design initiatives that can improve market outcomes for MISO’s stakeholders and, ultimately, the end-use customers we serve.

In one year, you will know you’re successful if:
  • You can perform engineering, statistical, and economic analyses of market and system operations, market products, Market Participant behaviors, and resulting market outcomes
  • You have developed a strong understanding of MISO’s market systems, how they work, and how they fit together
  • You can assess the health of MISO’s markets, provide timely reporting on market events, and validate that market outcomes align with established design requirements
  • You can collect, organize, and analyze data to identify meaningful patterns, trends, and potential areas of concern
  • You are using data visualization tools to turn complex analysis into clear, understandable findings
  • You are helping improve our analytical processes by identifying opportunities to streamline and automate repetitive activities
  • You contribute to team goals, create useful insights, ask relevant questions, and help identify opportunities to improve market performance

This role requires a bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical And Computer Engineering, Electrical And Electronic Engineering, or Electronics And Computer Engineering Technology

Some Preferred Skills And Experience Include
  • 1–2 years of relevant work experience preferred
  • Experience or exposure in one or more of the following areas is preferred: energy market forecasting and analysis, power system analysis and operations, software development, data science, statistical or econometric analysis, market design, or optimization algorithms
  • Working knowledge of data analysis and programming tools such as Python, Power BI, and Azure
  • Experience with power engineering or market simulation tools such as PowerGEM or PLEXOS is preferred, but not required

At MISO, your work helps ensure the reliable operation and continued evolution of one of the world's largest and most complex electric grids. In this role, you'll have an opportunity to help shape how MISO responds to rapidly growing large-load demand while strengthening the connection between where the grid is headed and what it needs to reliably deliver today.

The base salary compensation range being offered for this role is $71,000-$96,000 USD annually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience.

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.

Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. Using groundbreaking research and sophisticated technology, our highly skilled employees ensure power flows reliably to 47 million people throughout North America. Operating the electricity grid, running a robust energy market, and planning for a bright future – it’s what our immensely hard-working and dedicated team does every day.

MISO, The Work We Do (https://vimeo.com/935124142/5c8d23402d)

Join #TeamMISO to be a driving force as we build the grid of the future.

#DiscoverMISO #MISOCareers #TeamMISO #WeAreMISO

Qualifications
Education
Required
  • Bachelors or better in Electronics & Computer Engineering Technology
  • Bachelors or better in Electrical and Electronic Engineering
  • Bachelors or better in Electrical & Computer Engineering
  • Bachelors or better in Electrical Engineering Technology
  • Bachelors or better in Computer Engineering
  • Bachelors or better in Electrical Engineering
Experience
Preferred
  • Experience with power engineering or market simulation tools such as PowerGEM or PLEXOS is preferred, but not required
  • Working knowledge of data analysis and programming tools such as Python, Power BI, and Azure
  • Experience or exposure in one or more of the following areas is preferred: energy market forecasting and analysis, power system analysis and operations, software development, data science, statistical or econometric analysis, market design, or optimization algorithms
  • 1 year: Relevant work experience preferred

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

Job Category: Operations

Full-Time

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