Lead Market Design Engineer — Grid & Markets Innovation

Midcontinent-Independent-System

Carmel (IN)

On-site

USD 145,000 - 170,000

Full time

6 hours ago
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Benefits offered by this job

Annual bonus
401(k) and benefits

Job summary

MISO is seeking a Principal Market Design Engineer to evaluate and shape wholesale electricity markets, using engineering analysis, market data, and grid operations expertise. You will collaborate with engineers, economists, and technology teams to translate findings into actionable market design improvements.

In this role you will develop, assess, and implement market design initiatives, models, and policies to improve efficiency, reliability, and overall market performance across the Central

Qualifications

  • Bachelor’s degree in a relevant engineering field and advanced knowledge in power systems.
  • At least eight years of related experience including market design or economics.
  • Two-plus years in areas such as market analysis, econometrics, optimization, or related software development.

Responsibilities

  • Perform engineering and analytical studies of system and market operations and pricing trends.
  • Develop and evaluate wholesale market design initiatives and tariffs.
  • Assess impact of market changes on structure, efficiency, reliability.
  • Improve market models, optimization algorithms, and policy provisions.
  • Develop and monitor market performance indicators.
  • Analyze data to evaluate proposed market rule changes.
  • Review alignment of market systems with tariff requirements.
  • Collaborate across disciplines to solve complex market design challenges.
  • Communicate complex findings to stakeholders and leadership.

Skills

Power systems analysis
Econometrics
Market analysis
Optimization algorithms
Statistical analysis

Education

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

Job description

MISO is seeking a Principal Market Design Engineer to evaluate and shape wholesale electricity markets, using engineering analysis, market data, and grid operations expertise. You will collaborate with engineers, economists, and technology teams to translate findings into actionable market design improvements.

In this role you will develop, assess, and implement market design initiatives, models, and policies to improve efficiency, reliability, and overall market performance across the Central

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