Principal Electrical Power Market Engineer (FTR)

Midcontinent Independent System Operator Inc.; Carmel (IN); On-site; USD 152,000 - 177,000; Full time

Benefits offered by this job

401k

Vacation

Sick and safe time

Comprehensive benefits package

Job summary

Midcontinent Independent System Operator Inc. in Carmel, IN is seeking a Principal Electrical Power Market Engineer to oversee the administration of energy markets and process automation projects. The role involves financial transmission rights auctions, collaborating with teams across various departments within MISO.

Applicants should possess a Bachelor’s degree in Electrical Engineering and at least 8 years of related work experience, with strong preferences for candidates with additional years in energy market operations and analysis. Competitive salary and comprehensive benefits are offered, including a bonus potential and a robust 401k plan.

Qualifications

• At least 8 years of related work experience.
• Preferably 12 years of related energy industry work experience, especially in Financial Transmission Rights market.

Responsibilities

• Carry out existing processes such as validating and analyzing models for Financial Transmission Rights auctions.
• Collaborate to implement process improvements and transformative changes.

Skills

Power flow analysis

Automation

Data analytics

Education

Bachelor’s degree in Electrical Engineering or related field

Job description

Principal Electrical Power Market Engineer (FTR)

Carmel, IN

Reqid: PRINC002692

Additionally, as our Principal Electrical Power Market Engineer, you will be part of the team which collaborates with many other areas within MISO including modeling, planning, outage coordination, credit, settlements, and operations teams. You will help the team administer one of the energy markets which provides an opportunity to hedge against the volatility of transmission congestion charges that load serving entities face in the Day‑Ahead Energy and Operating Reserves Market.

You will also have the opportunity to work on a variety of projects ranging from process automation to implementing ground‑breaking changes to help ensure the MISO Financial Transmission Rights Market continues to provide value as increased renewable energy is integrated into the grid.

Responsibilities

• Carry out existing processes such as validating and analyzing models to independently carry out a Financial Transmission Rights monthly auction.
• Collaborate with others to implement process improvements and transformative changes.

Qualifications

Education

• Bachelor’s degree in Electrical Engineering or related field.

Experience

• At least 8 years of related work experience.
• Preferations: Twelve years of related energy industry work experience, four years of related Financial Transmission Rights market, Day‑Ahead Energy market, or Real‑time energy market design, operations, administration, or trading experience, four years of related real‑time or market operations experience as an operator, power flow analysis and congestion forecasting experience, programming, automation, and data analytics experience, NERC certification.

Benefits

The base salary compensation range being offered for this role is $152,000.00 – $177,000.00 USD annually. Position is also eligible for an annual bonus if individual performance and company objectives are met. MISO offers a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.

Equal Opportunity

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.