Engineer II Energy Markets Research and Development

Midcontinent Independent System Operator (MISO); Minneapolis (MN); On-site; USD 96,000 - 113,000; Full time

Benefits offered by this job

401k

Vacation

Sick and safe time

Annual bonus potential

Job summary

Midcontinent Independent System Operator (MISO) is seeking an Engineer II for the Energy Markets Research and Development team. This role involves applying engineering knowledge to enhance electricity market operations, ensuring reliability in energy supply for millions. Candidates will need a Bachelor’s in electrical engineering or related fields with experience in energy markets.

The position offers a competitive salary range of $96,000 - $113,000 annually, along with annual bonuses and a comprehensive benefits package including 401k and vacation.

Qualifications

• Bachelor’s Degree in relevant engineering field and at least 2 years of experience.
• 1-2 years in electricity market design, analysis, or system planning is preferred.
• Experience with optimization algorithms and power system modeling.

Responsibilities

• Apply engineering skills to explore innovative market solutions.
• Gather datasets to assess market and grid performance.
• Build models and simulation tools for electricity markets.
• Collaborate to improve electricity market efficiency.
• Develop algorithms for reliable market operations.
• Document and present insights clearly and effectively.

Skills

Power engineering

Operations research

Quantitative analysis

Optimization algorithms

Power system modeling

Education

Bachelor’s Degree in electrical engineering or related field

Master’s Degree or PhD preferred

Tools

Modeling tools

Simulation tools

Job description

Are you an engineer who enjoys solving complex problems, working with data, and building tools that make a real-world impact? In this role as MISO’s Engineer II on our Energy Markets Research and Development team, you’ll help improve how electricity markets operate and how the power grid runs, supporting reliable energy for millions of people. You’ll also partner with experts across the organization to study operational events, evaluate ideas to improve market operations and efficiency, develop tools, and generate simulation results that support data-driven decision making. Your work will directly influence how electricity markets evolve and adapt to transformative changes ongoing in the electricity industry.

As MISO’s Energy Markets Research and Development Engineer II, you will:

• Apply power engineering and operations research skills to explore innovative options and recommend solutions.
• Gather and examine complex datasets to understand how markets and grid operations are performing.
• Build and maintain models and simulation tools to simulate and test electricity market solutions
• Collaborate with teams across the organization to tackle challenges and strategically improve the electricity markets
• Develop and refine algorithms that help make market and grid operations more efficient and reliable
• Clearly document and present findings through reports, charts, and presentations to communicate insights effectively and accurately

To be successful as our Energy Markets Research and Development Engineer II you should have:

• A Bachelor’s Degree electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, or electronics and computer engineering technology power systems, operations research, or a related technical field and at least 2 years of experience.
• Master’s Degree or PhD preferred.
• One to two years within any of the following: electricity market design, operations, or research and development; electricity market analysis; or system planning and development in an academic and/or professional setting.
• Preferred experience that includes quantitative analysis, applying or developing optimization algorithms, and power system modeling and simulation.

Appropriate level will be determined based upon experience and knowledge.

The base salary compensation range being offered for this role is $96,000 - $113,000 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.