PRINCIPAL ENERGY MARKET ANALYST

ISO New England; Holyoke (MA); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Principal Energy Market Analyst to join their Market Development team. This role involves assessing market designs, recommending solutions, and collaborating with multi-departmental project teams to enhance electricity markets. Candidates will leverage their expertise in economics, engineering, or related fields to drive impactful changes in the energy sector. The company offers a hybrid work environment, competitive salary, and numerous perks, including professional development opportunities and wellness programs. Join a forward-thinking team dedicated to facilitating the transition to clean energy and making a difference in the electric grid.

Benefits

Hybrid work schedule

Relocation Assistance

Performance bonus program

Professional development

Tuition reimbursement

Enhanced 401k

Wellness programs

Onsite gym

Free coffee

Flexible work hours

Qualifications

• Strong analytical skills to assess market designs and recommend solutions.
• Experience in energy trading and understanding of power systems.

Responsibilities

• Identify opportunities to improve electricity markets through research.
• Propose changes to market products and explain to diverse audiences.

Skills

Research and Technical Analysis

Energy Industry Knowledge

Market Design

Problem Solving

Education

Bachelor's or Master's in Economics

Bachelor's or Master's in Engineering

Bachelor's or Master's in Mathematics

Bachelor's or Master's in Statistics

Bachelor's or Master's in Business

Bachelor's or Master's in Finance

Tools

Python

R

SAS

Matlab

SQL

Excel

Job description

Principal Energy Market Analyst

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

Req #1021

Wednesday, January 8, 2025

ISO New England is the not-for-profit, 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.

We seek motivated individuals to join the Market Development team. Our job is to lead projects that integrate new technologies into competitive electricity markets and help facilitate the region's clean energy transition. We work as a team, within the department, the company, and the region, to assess, design, and implement real-world changes to improve the electric grid and electricity markets.

As an Energy Market Analyst, your primary responsibilities will involve assessing market designs, recommending solutions, and engaging with stakeholders. Your teammates come from a variety of backgrounds - economists, engineers, data scientists, writers, traders, business professionals, and more. Collectively, we assign projects and project roles based on each person's expertise, passions, and goals. Candidates from all backgrounds are encouraged to apply.

What we offer you :

• Hybrid work schedule with 3 days / week onsite
• Relocation Assistance
• Base salary plus performance bonus program, professional development and tuition reimbursement, enhanced 401k and financial planning, wellness programs with onsite gym, onsite cafe with free coffee, flexible work hours, access to business networks & more, all in a stable and supportive work environment!

How you will make an impact :

1. Working with multi-departmental project teams, you will :
2. Identify opportunities to improve electricity markets through research and analysis of outcomes, market rules, participant actions, and policy objectives.
3. Evaluate solutions by defining objectives, explaining potential benefits and limitations, and substantiating solution approaches.
4. Propose changes to market products and rules governing how products are awarded or priced and explain them to technical and non-technical audiences.
5. Support regulatory submissions of proposed rule changes, including providing expert testimony.

What you need to be successful in this role :

• Bachelor or Master's degree in Economics, Engineering, Mathematics, Statistics, Business, Finance, Management Science, or other related discipline.
• Knowledge of the energy industry, market design, power systems, or energy trading.
• Experience performing research and technical analyses to identify and explain problems, proposing and evaluating solutions, and executing project-based work.

Desired not required :

• Knowledge of software and systems used to administer and clear markets, including by electric grid operators (e.g., clearing and pricing algorithms, bid submittal and qualification, or market settlement systems).
• Experience using statistical analysis, simulation, or data query tools (e.g., Python, R, SAS, Matlab, SQL, Excel).

Equal Opportunity

We are proud to be an EEO / AA employer. Applicants for employment are considered without regard to race, color, religion, creed, sex (including pregnancy, childbirth, and related medical conditions), gender identity or expression, sexual orientation, citizenship, national origin, age, ancestry, marital status, disability (including learning, mental, intellectual, and physical), service in the uniformed services, genetic information, or any other status protected by applicable law.

Drug Free Environment : We maintain a drug-free workplace and perform pre-employment substance abuse testing.

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