Senior Market Design Engineer - Power Grid Innovator

Midcontinent Independent System Operator (MISO); Carmel (IN); On-site; USD 129,000 - 139,000; Full time

Benefits offered by this job

401k

Vacation

Sick time

Safe time

Job summary

Midcontinent Independent System Operator (MISO) in the United States seeks a Senior Engineer Market Design/Economist to analyze complex data and support market design improvements. You will evaluate system and market operations, pricing trends, and market efficiency while collaborating with stakeholders to inform business decisions.

The role offers exposure to deregulated wholesale electricity markets, with a base salary of $129,000–$139,000 USD annually and eligibility for an annual bonus.

Qualifications

• Specific experience within any of the following: power system analysis and operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, econometrics.
• 2 years: Economist: Related economist experience required.
• 4 years: Senior Engineer: Related engineering experience required.

Responsibilities

• Perform engineering, statistical, and economic analyses on system and market operations.
• Develop and evaluate new or enhanced wholesale electricity market design initiatives.
• Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability.
• Develop and track key market performance indicators to evaluate market conditions.
• Conduct economic modeling and analysis to assess market data quality and tariff changes.
• Review and assess compliance of MISO market systems with tariff requirements.

Skills

Power system analysis

Operation analysis

Statistical analysis

Econometrics analysis

Market analysis and design

Optimization algorithms

Education

Masters in Economics

Bachelors in Electronics & Computer Engineering Technology

Bachelors in Electrical and Electronic Engineering

Bachelors in Electrical & Computer Engineering

Bachelors in Electrical Engineering Technology

Bachelors in Computer Engineering

Bachelors in Electrical Engineering

Job description

Midcontinent Independent System Operator (MISO) in the United States seeks a Senior Engineer Market Design/Economist to analyze complex data and support market design improvements. You will evaluate system and market operations, pricing trends, and market efficiency while collaborating with stakeholders to inform business decisions.

The role offers exposure to deregulated wholesale electricity markets, with a base salary of $129,000–$139,000 USD annually and eligibility for an annual bonus.