Strategic Market & Optimization Scientist (Hybrid)

ISO New England, Inc; Springfield (MA); Hybrid; USD 130,000 - 165,000; Full time

Benefits offered by this job

Performance bonus

Health insurance

401(k) with employer contributions

Tuition reimbursement

Wellness programs

Hybrid work hours

Relocation assistance

Job summary

ISO New England, Inc. is the independent system operator ensuring safe, reliable electricity flow in our region. The group focuses on design, modeling and analysis for ISO markets and future grid planning.

As a scientist in Market Solutions & Optimization Technology, you apply optimization, economic theory and power system engineering to tackle key ISO problems, develop prototypes and oversee implementation of solutions.

Qualifications

• Master’s or Ph.D. in Electrical/Industrial/System Engineering, Operations Research or related area.
• Strong knowledge/experience in power system modeling, analysis and optimization.
• Experience with optimization solvers (CPLEX/GUROBI) and programming (Java/Python).
• Excellent written and verbal communication and analytical skills.
• 5+ years of experience for Senior/Lead level.

Responsibilities

• Analyze and assess market designs or operations/planning processes.
• Develop and prototype models/solutions for market design and optimization problems.
• Research electricity market designs to facilitate the region's transition to clean energy.
• Research new optimization technologies to improve scheduling and pricing of electricity markets.
• Perform market/operations/planning simulations and analyze the results.
• Support stakeholder processes and FERC filings.

Skills

Power system modeling

Optimization

Electricity markets

Java/Python

Communication skills

Education

Master’s or Ph.D. in Electrical/Industrial/System Engineering or Operations Research

Tools

CPLEX

GUROBI

Job description

ISO New England, Inc. is the independent system operator ensuring safe, reliable electricity flow in our region. The group focuses on design, modeling and analysis for ISO markets and future grid planning.

As a scientist in Market Solutions & Optimization Technology, you apply optimization, economic theory and power system engineering to tackle key ISO problems, develop prototypes and oversee implementation of solutions.