Principal Engineer Market Evaluation

Location:

720 City Center Drive, Carmel, IN 46032, USA

In this role, you’ll assess the health of MISO’s markets—focusing on reliability, efficiency, and incentives that drive desired participant behavior. You’ll also recommend and evaluate new wholesale market design initiatives that deliver better outcomes for stakeholders and end‑use customers. As a Principal Engineer, you’ll provide technical leadership, guide teammates, and deliver progress on projects that strengthen the team’s analytical capabilities.

• Perform engineering, statistical, and economic analyses on market operations and outcomes
• Understand how MISO’s 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

• Bachelor’s 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, Power Gem, Plexos)
  • Statistical or econometric analysis (e.g. R, Python, Power
    
    BI, Azure, VBA)
  • Wholesale electric markets analysis and knowledge of its standard market design
  • Optimization algorithms

• Master’s or PhD degree
• Experience in deregulated wholesale electricity markets or utilities
• Experience working with a Regional Transmission Organization (RTO) or a 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 $145,000–$170,000 USD annually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Salaries may vary for different individuals in the same role based on factors such as location, competencies, education, professional certifications, and 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 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 – it’s what our hardworking and dedicated team does every day.

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