Senior Engineer Market Design

Overview

The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and the periodic reporting of market status and results. The position will assist the management team in recommending changes to MISO’s market design and systems, and will communicate analysis results and new proposals to internal groups and stakeholders to garner support and inform business decision‑making.

• Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand‑supply imbalances, market anomalies, and overall market design efficiency.
• Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves.
• Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability.
• Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement.
• Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes.
• Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity.

We Need Someone Who Thrives In Complexity, Loves Problem‑solving, And Has The Vision To See Opportunities Before They’re Obvious.

• Senior Engineer: Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology. At least 4 years of related experience required.
• Economist: Master’s degree in Economics, at least two years of experience required.
• Specific experience in power system analysis and operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, or econometrics.
• Appropriate level will be determined based upon experience and knowledge.

• Previous deregulated wholesale electricity market or utility experience.
• Previous energy industry experience with a regional transmission organization (RTO) market participant.
• Possession of NERC certification.

Base salary compensation range: $129,000–$139,000 USD annually. Position is also eligible for an annual bonus if individual performance and company objectives are met. The benefits package includes 401k, vacation, sick and safe time, available on the first day of employment.

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Engineer – Full‑time.