Senior Capacity Market Analyst & Engineer (Hybrid)

PJM Interconnection; Audubon (NJ); Hybrid; USD 90,000 - 130,000; Full time

Job summary

PJM Interconnection in Audubon, PA offers a hybrid work arrangement for a Sr. (Lead) Analyst/Engineer who will support Capacity Market Operations to manage the $12 billion per year market, help determine future policy, processes and systems, and ensure reliable operation of the PJM system.

You will administer the RPM auction clearing process, perform financial analysis of market prices and plant revenues, develop metrics and reports, collaborate on rule changes, and document detailed

Qualifications

• Bachelor's degree in Economics, Engineering, Finance, Computer Science or other similar major.
• At least 3 years of experience in data analytics and quantitative analysis using SAS, SQL, Python or other similar tools.
• Track record that demonstrates attention to detail – must be able to verify work is complete and accurate. Implement quality controls to minimize operational risks.
• Proficient with MS Excel including the development and maintenance of complex workbooks.
• Customer focused with ability to communicate effectively (verbal and written)
• Knowledge of electricity wholesale markets.

Responsibilities

• Administer the auction process and publish the associated analysis of the results.
• Financial analysis of power plant costs and revenues to determine default floor and cap prices used for mitigation and price used to determine the demand curve.
• Provide exceptional customer service to the membership. Must be able to address specific customer issues in a clear, concise and professional manner through excellent communication.
• Develop and produce performance metrics, reports, empirical analysis and presentations to improve the transparency and operation of the PJM Capacity market.
• Work on a collaborative basis to determine, define and test system solutions for changes in market rules and/or to improve the effectiveness of the overall operational processes.
• Read, analyze and understand PJM Tariff and Manuals in order to convert market rules into robust operational processes.
• Develop and update training material (MS PowerPoint documents) and assist with training stakeholders.

Skills

Data analytics

Quantitative analysis

SAS

SQL

Python

MS Excel

Communication

Electricity wholesale markets

Education

Bachelor's degree in Economics/Engineering/Finance/CS

Graduate degree (PhD, MA, MS or MBA)

Tools

SAS

SQL

Python

Job description

PJM Interconnection in Audubon, PA offers a hybrid work arrangement for a Sr. (Lead) Analyst/Engineer who will support Capacity Market Operations to manage the $12 billion per year market, help determine future policy, processes and systems, and ensure reliable operation of the PJM system.

You will administer the RPM auction clearing process, perform financial analysis of market prices and plant revenues, develop metrics and reports, collaborate on rule changes, and document detailed