Principal Engineer Market Evaluation

In this role youll assess the health of MISOs marketsfocusing on reliability efficiency and incentives that drive desired participant behavior. Youll also recommend and evaluate new wholesale market design initiatives that deliver better outcomes for stakeholders and end-use customers. As a Principal Engineer youll provide technical leadership guide teammates and deliver progress on projects that strengthen the teams analytical capabilities.

In your first year success means you:

• Perform engineering statistical and economic analyses on market operations and outcomes
• Understand how MISOs market systems work and interact
• Assess market health report events and validate outcomes against design requirements
• Collect and analyze data to identify trends and patterns
• Implement alerts and screens for anomalous outcomes
• Use visualization tools to clearly communicate findings
• Present recommendations to internal and external stakeholders
• Streamline and automate analytical processes
• Enhance market models procedures and algorithms
• Evaluate compliance with tariff requirements and recommend improvements

Skills and experience needed for our PrincipalEngineer:

• Bachelors degree in Electrical Engineering Computer Engineering Electrical Engineering Technology Electrical & Computer Engineering Electrical & Electronic Engineering or Electronics & Computer Engineering Technology
• 8 years of relevant experience ideally 12 years
• At least 2 years of specialized experience in one or more of the following areas:
  • Power system analysis and operations (and related software development) or related engineering analysis (e.g. PSSe PowerGem Plexos)
  • Statistical or econometric analysis (e.g. R Python PowerBI Azure VBA)
  • Wholesale electric markets analysis and knowledge of its standard market design
  • Optimization algorithms

While not required the following skills and experiences are highly valued:

• Masters or PhD degree
• Experience in deregulated wholesale electricity markets or utilities
• Experience working with a Regional Transmission Organization (RTO) or market participant in the energy industry
• NERC certification

Appropriate level will be determined based upon experience and knowledge.

The base salary compensation range being offered for this role is $145000-$170000 USDannually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors including but not limited to location of the role individual competencies education/professional certifications and qualifications/experience.

Position is also eligible for an annual bonus if individual performance and company objectives are met. At MISO we offer a comprehensive benefits package including 401k vacation sick and safe time available on your first day of employment.

Transformative innovation is happening in the electric industry from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. Using groundbreaking research and sophisticated technology our highly skilled employees ensure power flows reliably to 45 million people throughout North America. Operating the electricity grid running a robust energy market and planning for a bright future its what our immensely hard-working and dedicated team does every day.

MISO The Work We Do

Join #TeamMISO to be a driving force as we build the grid of the future.

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Required Experience:

Staff IC