Wholesale Electricity Market Analyst (Power Systems)

TL;DR

Wholesale Electricity Market Analyst (Power Systems): Performing mathematical and economic analysis of market software and power systems applications to validate prices and congestion with an accent on market model optimality and grid reliability. Focus on resolving market participant disputes, designing market operations software, and supporting the Grid Operations Control Room.

Location: Hybrid in Folsom, CA, USA. Relocation assistance is available.

Salary: $45.10 - $63.15 per hour

Company

The California Independent System Operator (ISO) manages the flow of electricity across 80 percent of California's power grid, ensuring reliability and impartial market access.

What you will do

• Perform mathematical and economic analysis of market software and power systems to validate prices, congestion, and solution optimality.
• Validate and test market outcomes to address and resolve market participant disputes or inquiries.
• Support the design of market operations software, processes, and policies, providing expertise in cost optimization and market clearing principles.
• Identify and resolve implementation, design, and integration problems within assigned market areas.
• Participate in market design and development to improve solution quality and create new validation measures.
• Provide technical analysis and validation support to the Grid Operations Control Room.

Requirements

• Bachelor's degree in Engineering (Power Systems focus), Operation Research, Economics, Finance, or a related field; Master's degree preferred.
• Minimum of 2 years of related experience in the utility/power industry, system analysis, operations research, or economic analysis.
• Experience in the design or implementation of computational methods for market models.
• Proficiency with applied optimization principles, power system operations, and market design.
• Strong mathematical analytical skills and the ability to communicate complex technical concepts effectively.

Culture & Benefits

• Flexible work arrangements with eligibility for a hybrid work capacity.
• Collaborative professional environment at a LEED certified campus in Folsom, California.
• Opportunity to work on challenging assignments that impact millions of people.
• Relocation assistance is available.