Midcontinent Independent System Operator (MISO)
Senior Engineer Market Design
Midcontinent Independent System Operator (MISO), Carmel, Indiana, United States, 46033
1 day ago Be among the first 25 applicants
The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and the periodic reporting of market status and results. The position will assist the management team in recommending changes to MISO’s market design and systems, and will communicate analysis results and new proposals to internal groups and stakeholders to garner support and inform business decision-making. This isn’t just a job. It’s your chance to make a real impact on the electric grid of the future while collaborating with top-tier talent, industry leaders, and key stakeholders across the country.
Responsibilities
Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand-supply imbalances, market anomalies, and overall market design efficiency. Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves. Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability. Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement. Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes. Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity. Qualifications
Senior Engineer: Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology. At least 4 years of related experience. Economist: Master’s degree in Economics. At least two years of experience. Specific experience in power system analysis and operation, statistics and econometrics, market analysis and design, optimization algorithms. Preferred / Additional
Previous deregulated wholesale electricity market or utility experience. Experience with a regional transmission organization (RTO) market participant. NERC certification. Compensation and Benefits
Base salary range: $129,000–$139,000 USD annually. Salaries may vary based on location, competencies, education, and experience. Eligible for an annual bonus based on individual performance and company objectives. Benefits include 401(k), vacation, sick and safe time, available on the first day of employment. Transformative innovation is happening in the electric industry. MISO manages the electricity grid in the Central U.S., ensuring power reliability and providing an efficient market for 45 million people across North America. We’re building the grid of the future. Join TeamMISO to help shape the energy transition.
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Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand-supply imbalances, market anomalies, and overall market design efficiency. Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves. Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability. Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement. Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes. Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity. Qualifications
Senior Engineer: Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology. At least 4 years of related experience. Economist: Master’s degree in Economics. At least two years of experience. Specific experience in power system analysis and operation, statistics and econometrics, market analysis and design, optimization algorithms. Preferred / Additional
Previous deregulated wholesale electricity market or utility experience. Experience with a regional transmission organization (RTO) market participant. NERC certification. Compensation and Benefits
Base salary range: $129,000–$139,000 USD annually. Salaries may vary based on location, competencies, education, and experience. Eligible for an annual bonus based on individual performance and company objectives. Benefits include 401(k), vacation, sick and safe time, available on the first day of employment. Transformative innovation is happening in the electric industry. MISO manages the electricity grid in the Central U.S., ensuring power reliability and providing an efficient market for 45 million people across North America. We’re building the grid of the future. Join TeamMISO to help shape the energy transition.
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