Market Solutions Engineer

New York ISO

City of Rensselaer (NY)

On-site

USD 79,456 - 113,000

Full time

14 days+
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Job summary

The New York ISO is seeking a Market Solutions Engineer to support the electric power system model used by scheduling and dispatch software in Rensselaer, NY. The role involves maintaining and enhancing Smart-Grid applications and EMS software, along with collaborating on new Market Design initiatives.

Applicants should have a Bachelor’s degree in Electrical Engineering or a related field and two years of experience in the energy industry. A salary range of $79,456 to $113,000 per year is offered.

Qualifications

  • Minimum of two years of experience as an Analyst or Engineer in the energy industry.
  • Proficiency in creating optimization models for Battery Energy Storage Systems.
  • Experience in developing bidding strategies in wholesale electricity markets.

Responsibilities

  • Support and maintain PMU applications like EMS and VSM.
  • Develop and implement functions in coordination with NY Transmission Owners.
  • Provide technical support to Market Operations and Stakeholder Service.

Skills

Python
Optimization models
Bidding strategies
Energy industry experience
Microsoft Visual Studio Code

Education

Bachelor’s degree in Electrical Engineering or related field

Job description

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit‑miles of high‑voltage transmission lines, dispatching power from hundreds of generating units across the state.

The NYISO (Rensselaer, NY) seeks a Market Solutions Engineer to support the electric power system model used by the scheduling and dispatch software. The position develops and applies a working knowledge of the New York State high voltage transmission system and the network model database software to support the NYISO market and security functions. It is responsible for supporting real‑time power system analysis, primarily the EMS software applications and BMS software applications, along with the development and evolution of the Energy Management Systems (EMS), Energy Market Systems (BMS) and the Smart‑Grid application software.

Responsibilities
  • Support and maintain PMU applications such as stand‑alone visualization software and EMS‑based Voltage Stability Monitoring (VSM).
  • Maintain EMS and Phasor Data Acquisition and Control systems integration.
  • Ensure integrity of Smart‑Grid application software by developing and implementing Business Owner Quality Assurance procedures.
  • Develop and implement PMU application functions in coordination with NY Transmission Owners and neighboring control areas.
  • Provide Power System Operations Dispatcher support and operator training for all Smart‑Grid applications such as ePDC, RTDMS (server and client), ePDE and Grid‑Smarts.
  • Develop and maintain software and operating procedures to address special market and operating conditions.
  • Work collaboratively with Energy Market Operation and Grid Operation personnel on new Market Design initiatives or new Network model projects, including the new EMS/BMS platform.
  • Produce documentation supporting new Market Design initiatives or new Network Model projects, including the new EMS/BMS platform.
  • Conduct Factory Acceptance or Site Acceptance testing for new Market Design initiatives or new Network Model projects.
  • Perform regression tests to ensure correct market outcomes for new Market Design initiatives or new Network Model projects.
  • Guide modifications to the Unit Commitment program to support additional market functionality for the Mixed Integer Process (MIP) solution.
  • Provide technical support to Energy Market Operation, Market Validation, Market Monitoring, IT Quality Assurance and Stakeholder Service in responding to market participant questions for all aspects of Market Solutions Engineering.
  • Support testing efforts of Energy Market Operations, including development of Unit Acceptance Test plans for projects affecting the energy market software.
  • Support testing efforts of Capacity Market Operations, including development of resource adequacy models, capacity auction models, capacity expansion models and capacity accreditation models.
  • Provide implementation support to product teams by reviewing requirements documents, vendor design notes and developing User Acceptance Test plans for deployment of enhancements and new features to production.
  • Support external research engagements for NYISO and actively participate in research engagements under the direction of the Manager, Market Solutions Engineering.
Qualifications
  • Bachelor’s degree in Electrical Engineering or a closely‑related technical field.
  • Two (2) years of experience as an Analyst or Engineer in the energy industry.
  • Two (2) years’ experience creating optimization models for Battery Energy Storage Systems (BESS) dispatch.
  • Two (2) years’ experience developing bidding strategies in wholesale electricity markets.
  • Two (2) years’ experience working with Python and Microsoft Visual Studio Code.

Salary: $79,456 – $113,000 per year.

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