ENGIE - International Supply & Energy Management
Power Congestion Analyst II
ENGIE - International Supply & Energy Management, Santa Barbara, California, us, 93190
Join to apply for the
Power Congestion Analyst II
role at
ENGIE - International Supply & Energy Management 3 days ago Be among the first 25 applicants Join to apply for the
Power Congestion Analyst II
role at
ENGIE - International Supply & Energy Management What You Can Expect
As a Power Congestion Analyst II, you will report to Director Congestion Trading and provide quantitative and fundamental analytics for US electricity markets to improve grid modeling and congestion analysis. Every day, you will perform cost modeling by using DAYZER to forecast nodal electricity price components and analyze weather patterns and fuel prices to predict the base electricity prices. What You Can Expect
As a Power Congestion Analyst II, you will report to Director Congestion Trading and provide quantitative and fundamental analytics for US electricity markets to improve grid modeling and congestion analysis. Every day, you will perform cost modeling by using DAYZER to forecast nodal electricity price components and analyze weather patterns and fuel prices to predict the base electricity prices.
Electric Reliability Council of Texas (ERCOT) and Pennsylvania New Jersey Maryland Interconnection (PJM) Independent System Operator (ISO) congestion analysis
Execute production cost models (Dayzer preferred) by systematically analyzing and updating the inputs as appropriate
Develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results
Develop systematic and repeatable approach to form fundamental views with respect to congestion trading
Analyze and determine drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and micro-fundamentals (specific transmission and generation outage impacts, bids, facility limits).
Develop and test innovative trade ideas and strategies
Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions
Assist with ad-hoc fundamental analyses
Participate in ISO meetings as appropriate and assess commercial impacts
Collaborate with IT personnel to maintain and improve trade tools
Develop and maintain dispatch and flow models, communicating fundamental developments and views to stakeholders
Build models to track market fundamentals and regularly benchmark against actualizations
What You’ll Bring
A minimum of Bachelor’s Degree in which you completed courses in Engineering/Business/Finance or relevant disciplines
A minimum of two (2) years’ work experience in congestion markets analysis, power plant economics, price forecasting, trading, or a related discipline
Six (6) months of experience with production cost modeling, congestion analysis or wholesale electricity market experience in the relevant ISO
Experience in ERCOT or PJM ISO congestion market
Strong understanding of power grid optimization, powerflow shift factors, line-outage distribution factors and contingency analysis
Strong analytical skills
Willingness to engage in dialogue and debate with colleagues
Proficient in coding such as Structured Query Language (SQL)/ Python
Knowledge of statistical techniques
Ability to meet highest attendance requirements
Ability to communicate effectively, both written and verbally
Ability to handle multiple assignments on a timely basis with a high degree of accuracy
Additional Details
This role is eligible for our hybrid work policy, 4 days working in the office Monday through Thursday Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range:
$74,900 – $131,040 USD annually
This represents the average expected pay range for a qualified candidate.
Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.
ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.
In addition to base pay, this position is eligible for a competitive bonus / incentive plan.
Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more .
Why ENGIE?
ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.
We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
We value internal mobility and will offer sponsorship for this role to internal candidates only.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.
Business Unit: GEMS
Division: GEMS - BP AMERICAS
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Junior (experience
Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
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Power Congestion Analyst II
role at
ENGIE - International Supply & Energy Management 3 days ago Be among the first 25 applicants Join to apply for the
Power Congestion Analyst II
role at
ENGIE - International Supply & Energy Management What You Can Expect
As a Power Congestion Analyst II, you will report to Director Congestion Trading and provide quantitative and fundamental analytics for US electricity markets to improve grid modeling and congestion analysis. Every day, you will perform cost modeling by using DAYZER to forecast nodal electricity price components and analyze weather patterns and fuel prices to predict the base electricity prices. What You Can Expect
As a Power Congestion Analyst II, you will report to Director Congestion Trading and provide quantitative and fundamental analytics for US electricity markets to improve grid modeling and congestion analysis. Every day, you will perform cost modeling by using DAYZER to forecast nodal electricity price components and analyze weather patterns and fuel prices to predict the base electricity prices.
Electric Reliability Council of Texas (ERCOT) and Pennsylvania New Jersey Maryland Interconnection (PJM) Independent System Operator (ISO) congestion analysis
Execute production cost models (Dayzer preferred) by systematically analyzing and updating the inputs as appropriate
Develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results
Develop systematic and repeatable approach to form fundamental views with respect to congestion trading
Analyze and determine drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and micro-fundamentals (specific transmission and generation outage impacts, bids, facility limits).
Develop and test innovative trade ideas and strategies
Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions
Assist with ad-hoc fundamental analyses
Participate in ISO meetings as appropriate and assess commercial impacts
Collaborate with IT personnel to maintain and improve trade tools
Develop and maintain dispatch and flow models, communicating fundamental developments and views to stakeholders
Build models to track market fundamentals and regularly benchmark against actualizations
What You’ll Bring
A minimum of Bachelor’s Degree in which you completed courses in Engineering/Business/Finance or relevant disciplines
A minimum of two (2) years’ work experience in congestion markets analysis, power plant economics, price forecasting, trading, or a related discipline
Six (6) months of experience with production cost modeling, congestion analysis or wholesale electricity market experience in the relevant ISO
Experience in ERCOT or PJM ISO congestion market
Strong understanding of power grid optimization, powerflow shift factors, line-outage distribution factors and contingency analysis
Strong analytical skills
Willingness to engage in dialogue and debate with colleagues
Proficient in coding such as Structured Query Language (SQL)/ Python
Knowledge of statistical techniques
Ability to meet highest attendance requirements
Ability to communicate effectively, both written and verbally
Ability to handle multiple assignments on a timely basis with a high degree of accuracy
Additional Details
This role is eligible for our hybrid work policy, 4 days working in the office Monday through Thursday Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation
Salary Range:
$74,900 – $131,040 USD annually
This represents the average expected pay range for a qualified candidate.
Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.
ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors.
In addition to base pay, this position is eligible for a competitive bonus / incentive plan.
Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location
At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match. But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more .
Why ENGIE?
ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it! Join us as we develop energy that is renewable, efficient, and accessible to everyone.
At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion. We do so for the benefit of our employees, customers, products and services, and community. ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.
We are committed to providing employees with a work environment free of discrimination and harassment. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.
We value internal mobility and will offer sponsorship for this role to internal candidates only.
The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.
Business Unit: GEMS
Division: GEMS - BP AMERICAS
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Junior (experience
Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Business Development and Sales Industries Utilities Referrals increase your chances of interviewing at ENGIE - International Supply & Energy Management by 2x Get notified about new Analyst jobs in
Santa Barbara, CA . Carpinteria, CA $71,552.00-$98,384.00 5 days ago Santa Barbara, CA $70,000.00-$85,000.00 3 weeks ago Sr. Revenue Operations Analyst - Business Development
Sr. ML Data Associate, Information Data Operations
Santa Barbara, CA $82,357.60-$98,889.44 14 hours ago Sr. ML Data Associate, Information Data Operations
Goleta, CA $72,100.00-$133,100.00 1 month ago Goleta, CA $98,500.00-$122,500.00 1 month ago Santa Barbara, CA $69,500.00-$123,500.00 3 weeks ago Fiscal & Policy Principal Analyst - Health and Human Services
INSURANCE LIAISON AND ANALYST, INTERNATIONAL HEALTH, SAFETY, AND CRISIS MANAGEMENT
Santa Barbara, CA $69,500.00-$123,500.00 2 weeks ago Santa Barbara, CA $77,000.00-$139,200.00 1 day ago Sr. ML Data Associate, Information Data Operations
Senior Analyst, Global Consumer Insights
Goleta, CA $98,779.00-$150,633.00 6 days ago Senior Analyst, Global Consumer Insights
Research Assurance & Integrity Associate
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr