Market Design Analyst
Company: ISO New England
Location: Holyoke
Posted on: January 24, 2023
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Job Description:
Market Design Analyst
ISO New England Inc., One Sullivan Road, Holyoke, Massachusetts,
United States of America
Req #751
Tuesday, January 17, 2023
Designing, administering, and overseeing the region's competitive
wholesale electricity markets is a critical function of ISO New
England, and the Market Design Analyst position is on the forefront
of this core responsibility. As a Market Design Analyst, your
primary responsibility will be to formulate solutions that improve
the New England electricity markets, ensuring they function
effectively and reliably within the broader regulatory and public
policy context.
Market Design Analysts work within a department of analysts and
economists. Our team has diverse skills and backgrounds including
energy trading and operations, engineering, regulatory affairs,
business and data analysis, optimization models, and auction
design. We work collaboratively, across our team and company, and
with the various companies participating in New England's wholesale
electricity markets.
How you will make an impact
Working with multi-departmental project teams, you will:
Evaluate problems in market performance or administration, often
requiring market rule and technical implementation research and
analysis.
Devise solution options, often requiring modeling and analysis to
evaluate tradeoffs between potential solutions.
Propose solution recommendations that consider implementation
feasibility, implications on our various stakeholders, as well as
general efficacy.
Present proposed solutions to our diverse stakeholders, including
preparing detailed documentation and presentations.
Support the Legal department in filing market rule changes with the
Federal Energy Regulatory Commission (FERC), including providing
expert witness testimony.
What we are looking for
Bachelor or graduate degree in Engineering,
Business/Finance/Management Science, Economics, or other related
discipline.
Experience in the electric power, energy-based commodity trading,
energy-centric analysis or consulting.
Knowledge of electricity market designs, power system operations,
or commercial and regulatory affairs relevant in New England.
Experience performing research, analyzing problems, and presenting
decision-relevant information concisely.
Project leadership, time-management, communication, negotiation,
and interpersonal skills.
Desired not required
Experience using statistical tools, simulation models, and/or
database software tools to extract, assemble, and interpret
quantitative information.
Familiarity with the software systems and tools that ISOs/RTOs use
to operate the power system and administer the markets.
Clarity of purpose is the starting point for all success. The ISO's
mission, vision, and values define our purpose-these values serve
as the cultural cornerstones of theorganization.
Mission: Through collaboration and innovation, ISO New England
plans the transmission system, administers the region's wholesale
markets, and operates the power system to ensure reliable and
competitively priced wholesale electricity.Vision: To harness the
power of competition and advanced technologies to reliably plan and
operate the grid as the region transitions to clean energy.Values:
Expertise, Respect, Innovation, Dependability and CollaborationWhat
We Offer: Located in Holyoke, MA amid the picturesque Pioneer
Valley of Western Massachusetts, our employees get the best of both
rural and urban living, enjoying day-to-day local community culture
and conveniences with drivable access to big city amenities. Our
competitive base salaries, performance-driven bonus incentive
offering, as well as a variety of health, wellness, and
professional development benefits underscore the value we place in
our employees. Beyond our comprehensive medical, dental, and vision
plans, we encourage continuous learning through our training and
tuition reimbursement programs and support work-life balance with
flex hours, hybrid work models for most roles, and paid vacation
and holidays. Our benefits strive to fulfill the needs of our
employees across life's stages, with paid parental time off, health
and wellness programs, 401k with company match, and a retirement
plan. For the convenience of our employees, we offer complimentary
access to our onsite fitness center and a cafeteria with free
coffee. COVID-19 Policy: Employee safety and well-being is a
priority at ISO New England. To safeguard our teams and the
important work they do, ISO New England has a mandatory COVID-19
vaccination policy.Equal Opportunity: We are proud to be an EEO/AA
employer. Applicants for employment are considered without regard
to race, creed, color, citizenship, religion, sex, sexual
orientation, marital status, national origin, age, disability,
status as a veteran, Vietnam Era Veteran, or being a member of the
Reserves or National Guard.
Drug Free Environment: We maintain a drug-free workplace and
perform pre-employment substance abuse testing.
Social Networking Notice: ISO New England reserves the right to
review the candidate's postings on any social networking site
accessible in the public domain as part of the candidate assessment
process.
Other details
Pay Type
Salary
Telecommute %
60
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