Market Operations Engineer
4 days ago
At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.
ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
Engineering support for the wholesale electricity market in Texas. Monitors system conditions and market performance. Works closely with both internal and external stakeholders concerning issues related to the wholesale market construct within the ERCOT Protocols. Helps ensure consistency and stability of the market. Acquires the skills and knowledge to provide engineering and analytical support for the wholesale market and grid operations. Prepares and validates models of the electric power systems. Applies principles of electricity market theory to understand market behavior and outcomes. Investigates methods for data analysis to develop improved analytical tools. Monitors and analyzes the wholesale electricity market. Generates and maintains market reports per requests and protocols. Assists the management team and senior experts in providing technical assistance to PUCT, industry and stakeholder groups. Recommends, reviews and tests proposed changes to the ERCOT wholesale market systems and design. Under supervision, helps to ensure all wholesale market activities have been successfully completed per protocols and works closely with Market Participants to resolve issues concerning wholesale market and grid operations.
JOB DUTIES
- Understands and applies principles, theories and concepts related to the profession and ERCOT's culture.
- Exercises judgment within defined procedures and practices to determine appropriate action.
- Impact is generally limited to specific assignments or projects.
- May respond to inquiries and/or provide assistance and/or guidance to lower level workers.
ADDITIONAL JOB DUTIES
Level 2
- Assists in monitoring and analyzing the ERCOT wholesale market
- Assists in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
- With guidance from senior team members and/or management, executes market operator processes and procedures for CRR auctions and allocations
- Acquires the skill and knowledge of ERCOT procedures and business functions related to the CRR program and other ERCOT operations
- Develops understanding and knowledge of competitive energy markets and trends
- Develops and maintains knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
- Acquires the skills and knowledge to begin to anticipate and resolve issues within the ERCOT wholesale market and grid operations using power engineering knowledge
- Generates and maintains market reports per requests and protocols
- Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups
- With guidance from senior team members and/or management, assists in addressing Market Participant questions pertaining to the daily market and grid operations activities
- Attends stakeholder, industry, and PUCT meetings under the direction of the ERCOT management team
- Escalates issues to the Supervisor and/or Manager in a timely manner when necessary
Level 3
- Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed
- Takes lead role in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
- Executes market operator processes and procedures for CRR auctions and allocations
- Develops and maintains extensive knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
- Anticipates and resolves issues within the ERCOT wholesale market and grid operations using power engineering knowledge and experience
- Generates and maintains market reports per requests and protocols
- Proposes and creates new solutions for data acquisition and reporting
- Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups
- Attends stakeholder, industry, and PUCT meetings and provides input when requested
- Uses judgment and provides remedies for Market Participants disputes within the ERCOT market
- Addresses Market Participant questions pertaining to the daily market and grid operations activities
- Works independently and escalates issues to the Supervisor and/or Manager in a timely manner when necessary
- Develops strong working relationships with other internal departments
- Tests and validates changes to the applications used by the team to perform CRR auction and allocation activity
Senior
- Serves as Subject Matter Expert
- Uses expert judgment to provide remedies for Market Participants disputes within the ERCOT market
- Communicates frequently and upon own initiative to stakeholders regarding the application of protocols
- Generates and/or reviews presentation materials for stakeholder, industry, and ERCOT board meetings
- Lends professional expertise to guide projects and help teammates as assigned by management
QUALIFICATIONS
Education
- Bachelor's degree in Electric Engineering or related discipline or a combination of education and experience that provides equivalent knowledge to a major in such fields.
Required Experience
Level II Requirements:
- 2+ years' of working experience (in excess of degree requirements stated above) in electric utility industry.
- Proven technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Level III Requirements:
- 3+ years' of job-related work experience in excess of degree requirements.
- Proven technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Senior Level Requirements:
- 5+ years' of job-related work experience in excess of degree requirements.
- Proven technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Preferred Experience:
- SQL
- Python
- PowerWorld
- PSSE
- Visual Basic
There is one position available. Position level is open to a level II, III, or Sr. depending on the candidate identified and their level of experience.
WORK LOCATION:
- This position is Hybrid. Employees will be required to be on-site in Taylor, TX at least 2-3 days per week, or more, as needed based on the business needs as determined by management
- On-site schedules are flexible or may be rotated based on business needs as determined by the Manager
- Remote work is required to be performed from your Texas residence.
- Employees may opt to work on-site more than required or 100% of the time
The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time.
LI-HybridERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.
Expected Salary Range:
$82,344 - $131,720
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