Job Description
What You Can Expect As a Power Grid Modeling and Forecasting Advisor, you will report to Congestion Trading Director and will lead and develop long term grid scenarios for the Electric Reliability Council of Texas (ERCOT) footprint and forecast nodal price curves using production cost modeling tools.
- Lead the long-term nodal price forecasting of ERCOT market
- Assess operational and prospective assets for future risk and recommend solutions
- Propose appropriate sites for new projects from the nodal studies
- Develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results.
- Execute production cost models (Dayzer preferred) by systematically analyzing and updating the inputs as appropriate.
- Develop systematic and repeatable approach to analyze and form fundamental views with respect to macro-trends.
- Analyze and determine drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and mirco-fundamentals (specific transmission and generation outage impacts, bids, facility limits).
- Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions.
- Recommend and implement process improvements to the enhance fundamental trading.
- Participate in ISO meetings as appropriate and assess commercial impacts.
- Collaborate with IT personnel to maintain and improve relevant 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 You'll Bring - Master's degree in which you completed courses in Engineering/Business/Finance or other relevant disciplines
- A minimum of ten years professional experience
- A minimum of seven years of grid planning or wholesale electricity market experience in ERCOT or relevant ISO
- 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) and 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
Additional Details - This role is eligible for our hybrid work policy, 4 days working in the office
- Must be willing and able to comply with all ENGIE ethics and safety policies
Compensation Salary Range: $150,600 - $251,000 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 that's not all - we're 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 isn't just participating in the Zero-Carbon Transition, we're 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
[email protected]. 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.
Business Unit: Supply & Energy Management
Division: BP USA
Legal Entity: ENGIE ENERGY MARKETING NA, INC.
Professional Experience: Skilled ( >3 experience <15 years)
Education Level: Bachelor's Degree
Company Name: ENGIE North America
Job Tags
Minimum wage, Full time, Temporary work, Work at office, Local area, Shift work,