ENGIE - International Supply & Energy Management
Power Congestion Analyst II
ENGIE - International Supply & Energy Management, Houston, Texas, United States, 77246
Overview
Power Congestion Analyst II role at ENGIE - International Supply & Energy Management. Hybrid role based in the Galleria area of Houston, TX. What You’ll Do
You will perform Electric Reliability Council of Texas (ERCOT) and Pennsylvania New Jersey Maryland Interconnection (PJM) Independent System Operator (ISO) congestion analysis You will execute production cost models (Dayzer preferred) by systematically analyzing and updating the inputs as appropriate You develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results You develop systematic and repeatable approach to form fundamental views with respect to congestion trading You 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) You develop and test innovative trade ideas and strategies Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions You assist with ad-hoc fundamental analyses You participate in ISO meetings as appropriate and assess commercial impacts You collaborate with IT personnel to maintain and improve trade tools You develop and maintain dispatch and flow models, communicating fundamental developments and views to stakeholders You build models to track market fundamentals and regularly benchmark against actualizations What You’ll Bring
Minimum of Bachelor’s Degree in Engineering/Business/Finance or relevant disciplines Minimum of two (2) years’ work experience in congestion markets analysis, power plant economics, price forecasting, trading, or a related discipline, including 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 present data and engage in dialogue and debate with colleagues Proficient in SQL / Python Knowledge of statistical techniques Ability to meet the highest attendance requirements Ability to communicate and present information effectively, digitally, in writing and verbally Ability to handle multiple assignments on a timely basis with a high degree of accuracy What You’ll Need to Know/Do
Hybrid work policy: 4 days in the office Monday through Thursday Willingness to comply with 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. This role is eligible for a competitive bonus / incentive plan. Your Talent Acquisition Partner can share more specific information regarding benefits or salary based on work location. Benefits & Equal Opportunity
ENGIE offers a comprehensive benefits package including medical, dental, vision, life insurance, disability insurance, ESPP, generous paid time off, holidays and leave programs, and a 401(k) retirement plan with company match. ENGIE is an equal opportunity employer and is committed to an inclusive workplace free of discrimination and harassment. If you need assistance with the application or a reasonable accommodation due to a disability, contact ENGIENA-ENGIEHR@engie.com. This role is eligible for sponsorship. The safety of our employees is a priority; all employees have the duty and authority to STOP WORK if unsafe acts are observed.
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Power Congestion Analyst II role at ENGIE - International Supply & Energy Management. Hybrid role based in the Galleria area of Houston, TX. What You’ll Do
You will perform Electric Reliability Council of Texas (ERCOT) and Pennsylvania New Jersey Maryland Interconnection (PJM) Independent System Operator (ISO) congestion analysis You will execute production cost models (Dayzer preferred) by systematically analyzing and updating the inputs as appropriate You develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results You develop systematic and repeatable approach to form fundamental views with respect to congestion trading You 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) You develop and test innovative trade ideas and strategies Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions You assist with ad-hoc fundamental analyses You participate in ISO meetings as appropriate and assess commercial impacts You collaborate with IT personnel to maintain and improve trade tools You develop and maintain dispatch and flow models, communicating fundamental developments and views to stakeholders You build models to track market fundamentals and regularly benchmark against actualizations What You’ll Bring
Minimum of Bachelor’s Degree in Engineering/Business/Finance or relevant disciplines Minimum of two (2) years’ work experience in congestion markets analysis, power plant economics, price forecasting, trading, or a related discipline, including 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 present data and engage in dialogue and debate with colleagues Proficient in SQL / Python Knowledge of statistical techniques Ability to meet the highest attendance requirements Ability to communicate and present information effectively, digitally, in writing and verbally Ability to handle multiple assignments on a timely basis with a high degree of accuracy What You’ll Need to Know/Do
Hybrid work policy: 4 days in the office Monday through Thursday Willingness to comply with 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. This role is eligible for a competitive bonus / incentive plan. Your Talent Acquisition Partner can share more specific information regarding benefits or salary based on work location. Benefits & Equal Opportunity
ENGIE offers a comprehensive benefits package including medical, dental, vision, life insurance, disability insurance, ESPP, generous paid time off, holidays and leave programs, and a 401(k) retirement plan with company match. ENGIE is an equal opportunity employer and is committed to an inclusive workplace free of discrimination and harassment. If you need assistance with the application or a reasonable accommodation due to a disability, contact ENGIENA-ENGIEHR@engie.com. This role is eligible for sponsorship. The safety of our employees is a priority; all employees have the duty and authority to STOP WORK if unsafe acts are observed.
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