Principal Advisor Research and Development

MISO Default Brand; Carmel (IN); On-site; USD 168,000 - 193,000; Full time

Benefits offered by this job

Telecommuting 1 day/week

Job summary

Midcontinent Independent System Operator, Inc. in Carmel, IN is seeking a Principal Advisor, R&D to lead research and economic analysis that enhances market efficiency and grid reliability.

You will develop reports, presentations, and prototypes for energy markets and technology systems. The role guides teams in econometrics and quantitative methods, presenting results to executives and stakeholders and coordinating internal and external research efforts.

Qualifications

• The role requires advanced research in electricity markets and related economics.
• The candidate must have a strong background in market design and econometrics.
• Experience with quantitative models for market functions is essential.

Responsibilities

• Lead research and economic analysis to improve market efficiency and grid reliability.
• Develop reports and presentations for executive management and stakeholders.
• Develop prototypes for energy markets and technology systems.
• Guide teams in econometrics and quantitative methods to document results clearly.

Skills

Electricity market design

Market clearing engines

Econometrics analysis

Quantitative modeling

Stakeholder collaboration

Education

Bachelor’s degree in Engineering, Operations Research, Economics, or related field

Job description

Principal Advisor Research and Development

Job Category: Engineering

Requisition Number: PRINC002761

• Posted : September 3, 2026
• Full-Time
• On-site

Locations

Showing 1 location

Carmel, IN 46032, USA

Description

Duties: The Principal Advisor, R&D at Midcontinent Independent System Operator Inc. in Carmel, IN will lead research and economic analysis to evaluate and address economic issues, concerns, and opportunities for enhancing MISO’s value proposition, market efficiency, and grid reliability. This role will develop reports and presentations and facilitate discussion of technical issues and solutions with business teams, MISO executive management, and stakeholders. Develop prototypes for energy markets, operations, and technology systems. Lead internal and external resources in conducting studies and summarizing key trends and risks. Guide teams to conduct qualitative primary and secondary research related to emerging trends, technological innovations, and best practices. Guide teams to manage the collection and re-processing of results for reporting. Oversee the data-driven research techniques that drive analytical-based decision-making, focused on electricitymarket mechanisms and reliability activities. Guide team to use econometrics, economic theory, optimization, and quantitative methods to document results clearly and concisely, including presenting data in graphs and charts, describing approaches used to derive results, and interpreting the results. Drive team to conduct impact assessments, using advanced research techniques. Create white papers and formal publications to share research findings and strategic initiatives. Telecommuting is permitted 1 day per week. Annual Salary: $168,000-193,000 #LI-NDI #LI-DNI #LI-DNP #INDdni

Minimum Requirements: Requires a Bachelor’s degree in Engineering, Operations Research, Economics, or a related field and 10 years of experience in an applied research setting, including academia, lab, or industry research group with a focus on electricity research. Must have 10 years of experience with each of the following: (1) wholesale electricity market design, implementation, monitoring, settlements, or operation; (2) market clearing engines, including security constrained unit commitment and economic dispatch and electricity pricing; (3) econometrics and economics analysis of electricity market data including, time-series, statistical modeling, and causal inference; (4) quantitative modeling for market functions, including Energy and Ancillary service markets, capacity market and accreditation, market-to-market seams, FTR revenue, and allocations; and (5) collaborating with internal and external stakeholders to understand current and future needs and develop strategies, priorities and metrics to meet future challenges.

Midcontinent Independent System Operator, Inc.’s ongoing employee referral incentive program does apply to this position. Contact Human Resources for further details about the employee referral incentive program.

Equal Opportunity Employer
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