Principal Electrical Power Market Engineer (FTR)

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

Benefits offered by this job

401(k)

Vacation

Sick and safe time

Annual bonus eligibility

Job summary

Midcontinent Independent System Operator (MISO) is seeking a Principal Electrical Power Market Engineer in Eagan, Minnesota. You will be integral in ensuring an efficient Financial Transmission Rights Market and collaborate with various teams to implement essential processes and innovations. Ideal candidates possess a Bachelor’s degree in Electrical Engineering and have extensive experience in the energy sector.

This position offers a competitive salary range of $152,000.00 to $177,000.00 annually and eligibility for a performance-based bonus, along with a comprehensive benefits package, starting from your first day of employment.

Qualifications

• Bachelor's degree in relevant engineering fields.
• Eight (8) years of related work experience required.
• Preferred twelve (12) years in the energy industry.

Responsibilities

• Validate and analyze models for Financial Transmission Rights auctions.
• Implement process improvements and transformative changes.

Skills

Power flow analysis

Congestion forecasting

Programming

Automation

Data analytics

NERC certification

Education

Bachelor’s degree in Electrical Engineering or related field

Job description

Overview

As our Principal Electrical Power Market Engineer, 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). Additionally, you will be part of the team collaborating with many other areas within MISO including modeling, planning, outage coordination, credit, settlements, and operations. 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 groundbreaking 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 conduct a Financial Transmission Rights monthly auction.
• Collaborate with others to implement process improvements and transformative changes.

Qualifications

Education

• 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

• Eight (8) years of related work experience.

Preferred Qualifications

• Twelve (12) years of related energy industry work experience.
• Four (4) years of related Financial Transmission Rights market, Day‑Ahead Energy market, or Real‑time energy market design, operations, administration, or trading experience.
• Four (4) 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

Base salary compensation range: $152,000.00 – $177,000.00 USD annually. The range is included in accordance with state/local pay transparency legislation. Salaries may vary based on location, individual competencies, education, certifications, and qualifications. Position is eligible for an annual bonus if individual performance and company objectives are met. We offer a comprehensive benefits package, including 401(k), vacation, sick and safe time, available on your first day of employment.

Equal Opportunity Statement

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.

Employment Classification

Job Category: Engineering – Full‑Time