Power Congestion Analyst II
Power Congestion Analyst II
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Job Description
What You Can Expect
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 Youll Bring
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: $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 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 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 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 isnt just participating in the Zero-Carbon 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.
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.
Required Experience:
IC
Employment Type
Full-Time
