Forward Market Solutions Engineer II

Midcontinent Independent System Operator (MISO); Carmel (IN); Hybrid; USD 93,000 - 110,000; Full time

Job summary

An established industry player is seeking a Forward Market Solutions Engineer II to join their innovative team. This role offers a unique opportunity to work on complex challenges in forward energy markets, collaborating with engineers, analysts, and data scientists. You will develop user-interactive applications and enhance decision-making through data analytics. The position promises a dynamic work environment where your contributions will significantly impact optimizing market outcomes and reducing risks. If you are passionate about energy and technology, this is the perfect opportunity to make a difference.

Benefits

401k from day one

Comprehensive benefits package

Hybrid work environment

Qualifications

• 2+ years of relevant experience in market analysis and data management.
• Strong background in power flow analysis and engineering software.

Responsibilities

• Collaborate with teams to develop tools for market operations.
• Lead power flow analysis to enhance market efficiency.

Skills

Powerflow

Production Cost Modeling

Python

SQL

Data Management

Market Analysis

Planning

Settlements

Education

Bachelor’s degree in Electrical Engineering

Bachelor’s degree in Computer Engineering

Bachelor’s degree in Electrical Engineering Technology

Bachelor’s degree in Electrical and Computer Engineering

Bachelor’s degree in Electrical and Electronic Engineering

Tools

PROBE

PROMOD

PLEXOS

TARA

PSS/e

Git

Job description

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Starting Salary Range: $93,000.00 - $110,000.00. The position is also eligible for an annual bonus based on individual performance and company objectives.

Our Forward Market Solutions Engineer II will work collaboratively with a diverse team to build and support tactical solutions to complex challenges in forward energy markets. This role involves working with engineers, operators, analysts, and data scientists within Market Operations to develop user-interactive applications and provide capabilities for user-developed tools along with deep data analytics. You will have the opportunity to understand and improve congestion management practices, leverage increased data visibility, and use predictive risk management to align Forward Market assumptions with actual outcomes.

You will work with experienced Power System professionals on challenging problems and collaborate cross-functionally, diving deep into data analytics to optimize market outcomes. The tools and analyses developed will add value to MISO’s operations by enhancing awareness and decision-making, with the mission of optimizing markets, reducing risk, and delivering value.

As a Forward Market Solutions Engineer II, you will have the opportunity to create a large impact on MISO’s Forward Markets. You will:

1. Collaborate with the FMS team to develop sustainable tools aiding market operations, including visualizations for dashboards and applications.
2. Lead power flow analysis and market simulation (SCUC/SCED) to improve forward market processes and efficiency.
3. Work closely with business groups to define application enhancements and requirements, ensuring alignment with enterprise objectives.

In one year, success will be demonstrated if:

1. You effectively collaborate with FMS and cross-functional teams to drive efficient Forward Market outcomes (Financial Transmission Rights, Day-Ahead Market, and Unit Commitment).
2. You support the transformation and development of processes and technology improvements aligned with Operations of the Future and MISO’s Reliability Imperative.

We are looking for hardworking professionals with:

• Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, or Electrical and Electronic Engineering
• Two or more years of relevant work experience
• Experience with Powerflow, Production Cost Modeling
• Experience with engineering software such as PROBE, PROMOD, PLEXOS, TARA, PSS/e
• Previous energy industry experience

Preferred candidates will also have:

• Experience with Python, SQL, Git
• NERC certification
• At least two years of data management, market analysis, planning, or settlements experience

Level will be determined based on experience and knowledge.

Learn more about MISO! We manage the electricity superhighway in the Central U.S., ensuring power flows reliably to 45 million people through innovative technology and dedicated professionals. We offer a hybrid work environment and a comprehensive benefits package, including 401k from day one.

Apply today to help us keep the lights on!