Operations Forecast Analyst

ISO New England Inc.; Holyoke (MA); Hybrid; USD 65,000 - 95,000; Full time

Job summary

An established industry player is seeking an Operations Forecast Analyst to enhance forecasting processes and ensure the accuracy of load forecasts. In this pivotal role, you will collaborate with project teams to develop next-generation tools, modernize existing models, and support critical assessments for winter and summer outlooks. Your technical expertise and project management skills will guide initiatives that impact the future of clean energy in New England. Join a supportive environment that values professional development and innovation, where your contributions will play a vital role in shaping the electric grid's future.

Benefits

Professional Development

Tuition Reimbursement

Enhanced 401k

Wellness Programs

Flexible Hours

Access to Networks

Qualifications

• Bachelor’s degree in engineering, Mathematics, or related fields preferred.
• Familiarity with electric power system operations and demand forecasting concepts.

Responsibilities

• Monitor accuracy, troubleshoot, retrain models, and coordinate with IT for testing.
• Lead project to transition System Operations load forecasting capabilities.

Skills

Forecasting Algorithms

Project Management

Data Analysis

Interpersonal Skills

Technical Expertise

Education

Bachelor's Degree in Engineering

Bachelor's Degree in Mathematics

Bachelor's Degree in Data Science

Tools

Forecasting Software

Statistical Analysis Tools

Job description

ISO New England Inc., Holyoke, Massachusetts, United States of America

Job Description

Posted Tuesday, May 6, 2025 at 4:00 AM

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We are at the forefront of New England’s ongoing transition to clean energy.

The Operations Forecast Analyst supports the production load forecast models used by on-watch Forecasters to produce the New England load forecast for all time horizons up to 21 days from the current day. This role is critical in ensuring forecast accuracy by evaluating model performance, troubleshooting issues, retraining models as needed, and recommending fundamental changes to load modelers and external vendors. The analyst also leads initiatives to modernize and enhance forecasting processes, collaborating with project teams to improve software and processes, designing, developing, implementing, testing new tools and methods, and delivering training. Success requires technical expertise, project management skills, and strong interpersonal skills to guide projects from concept to deployment.

What we offer you:

• Hybrid work schedule with 3 days/week onsite
• Base salary plus bonus, professional development, tuition reimbursement, enhanced 401k, wellness programs, flexible hours, access to networks, and more in a supportive environment!

How you will make an impact:

• Build and deliver a prototype for probabilistic weather and load forecasting:
• Work with weather vendors and load modelers to incorporate load models into probabilistic space.
• Lead the project to transition System Operations load forecasting capabilities to next-generation tools.

Regular maintenance of existing load models and forecasting tools

• Monitor accuracy, troubleshoot, retrain models, and coordinate with IT for testing and deployment.
• Anticipate and address model accuracy degradation due to load pattern changes.
• Serve as the primary liaison between Operations Forecasting and load modelers for new model development and techniques.
• Coordination with Vendors of Solar (PV) and Wind Power Forecast Services:
• Monitor forecast accuracy and performance.
• Coordinate with vendors to address issues, refine definitions of accuracy, and troubleshoot forecast problems.

Seasonal Analysis and Reporting

• Support winter/summer outlook assessments, interstate gas pipeline capacity assessments, and readiness seminars.

What we are looking for:

• Bachelor’s degree in engineering, Mathematics, or related fields (Applied Statistics, Economics, Data Science) preferred.
• Familiarity with electric power system operations and demand forecasting concepts.
• Knowledge of forecasting algorithms.
• Understanding of factors impacting wind, solar generation, and weather in load models.
• Experience with probabilistic assessments of variable supply and demand.
• Ability to develop and maintain professional relationships across teams, other ISOs/RTOs, and working groups.

Preferred but not required:

• Experience with ISO New England Markets, including Real-Time Energy Markets settlement.

This is a U.S.-based role. Relocation is required if the candidate resides outside the U.S.

Equal Opportunity: We are proud to be an EEO employer. All applicants are considered without regard to race, color, religion, sex (including pregnancy and related conditions), gender identity, sexual orientation, citizenship, national origin, age, marital status, disability, service, genetic information, or other protected statuses.

Drug-Free Workplace: We maintain a drug-free environment with pre-employment substance testing.