Power Congestion Analyst II 41139

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 macrofundamentals (supply demand renewables) and microfundamentals (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 adhoc 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 Youll Bring

• A minimum of Bachelors 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 lineoutage 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: $74900 $131040 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 wellbeing seriously. Our comprehensive benefits package includes options for medical dental vision life insurance employerpaid shortterm and longterm 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 thats not all were dedicated to the health and happiness of your entire family offering supplemental benefits for full time employees that enhance emotional and physical wellbeing 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 isnt just participating in the ZeroCarbon Transition were 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 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.

This role is eligible for sponsorship.

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.