Principal Electrical Power Market Engineer (FTR)

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

Benefits offered by this job

401(k)

Vacation and sick leave

Benefits available from day one

Job summary

Midcontinent Independent System Operator (MISO) seeks a Principal Electrical Power Market Engineer to ensure efficient Financial Transmission Rights Market operations. The role involves validating models for monthly auctions and collaborating with multiple teams to enhance market processes.

The successful candidate will possess a Bachelor’s degree in a relevant engineering field and at least 8 years of related experience. Benefits include a robust salary range of $152,000.00 – $177,000.00 USD annually, alongside comprehensive benefits.

Qualifications

• 8+ years of related work experience.
• Strong understanding of energy markets.
• Experience with data analytics and automation.

Responsibilities

• Validate and analyze financial models for auctions.
• Collaborate to implement transformative process improvements.

Skills

Power flow analysis

Data analytics

Financial Transmission Rights market

Process automation

Education

Bachelor’s degree in a relevant engineering field

Tools

Programming

Job description

Principal Electrical Power Market Engineer

As this role, you will help MISO carry out an efficient and fair Financial Transmission Rights Market to deliver on our vision of being the most reliable, value‑creating Regional Transmission Operator (RTO). You will collaborate with teams across MISO—including modeling, planning, outage coordination, credit, settlements, and operations—to administer the Energy Market and support hedging against volatility in transmission congestion charges faced by load‑serving entities.

You will also work on projects ranging from process automation to implementing market changes that ensure the MISO Financial Transmission Rights Market continues to provide value as renewable energy is integrated into the grid.

Responsibilities

• Validate and analyze models to independently carry out a Financial Transmission Rights monthly auction.
• Collaborate with others to implement process improvements and transformative changes.

Qualifications

Education (Required)

• Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology.

Experience (Required)

• At least 8 years of related work experience.

Preferred Qualifications

• At least 12 years of related energy industry work experience.
• At least 4 years of experience in Financial Transmission Rights market, Day‑Ahead Energy market, or Real‑time energy market design, operations, administration, or trading.
• At least 4 years of real‑time or market operations experience as an operator.
• Experience with power flow analysis and congestion forecasting.
• Experience with programming, automation, and data analytics.
• NERC certification.

Benefits

Base salary range: $152,000.00 – $177,000.00 USD annually. This range is provided in compliance with state and local pay‑transparency legislation. Salary may vary based on location, experience, education, certifications, and qualifications.

Eligibility for an annual bonus based on individual performance and company objectives. Comprehensive benefits package includes 401(k), vacation, sick and safe time, and benefits available on day one of employment.

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.

Job Category: Engineering | Full‑Time