The Engineer/Analyst Real-time Market Operations is responsible for monitoring PJM Real Time LMP and Ancillary Service calculations and reviewing prices for accuracy prior to posting. In this role, the Engineer/Analyst also has responsibility for documenting and testing enhancements to the applications supported by Real Time Market Operations. The Engineer, Real-time Market Operations must also support ad hoc tasks that require data retrieval and analysis to further support the foundational knowledge of PJM's Market Clearing Engines.Essential Functions:
- Monitor PJM Real Time LMP calculation and review prices for accuracy prior to posting.
- Understand and operate PJM’s Ancillary Service Markets (Synchronized Reserve, Non-Synchronized Reserve and Regulation).
- Understand and operate PJM’s Day Ahead Energy.
- Support PJM’s 24x7 operation, which, may include overtime and weekend work schedules to support
- Perform analysis and document results.
- Provide customer support and training.
- Work with other members of the department, Market Services Division and System Operations Division in problem-solving and streamlining processes related to markets, including designing and/or developing applications to streamline such processes.
- Provide support for documenting and testing enhancements to the applications supported by Real-Time Market Operations.
- Work with PJM stakeholders through the committee process and work with neighboring ISO/RTOs to ensure adherence to the PJM Tariff, JOAs, and/or Manuals.
- Understand the PJM Tariff, JOAs, and/or Manuals, evaluate changes for any potential impacts and recommend actions to management.
Required:
- Bachelor's degree in Engineering, Mathematics, Computer Science or equivalent work experience
- Ability to produce high-quality work products with attention to detail
- Experience in quantitative and qualitative analysis
- Ability to use mathematical and electrical theory
- Ability to troubleshoot and provide technical support
Preferred:
- Master's degree in Engineering
- Experience with PJM operations, markets, and planning functions
- Experience using PSS/e (power system analysis program)
Skills Required
- Bachelor's degree in Engineering, Mathematics, Computer Science or equivalent work experience
- Ability to produce high-quality work products with attention to detail
- Experience in quantitative and qualitative analysis
- Ability to use mathematical and electrical theory
- Ability to troubleshoot and provide technical support
What We Do
PJM Interconnection manages the high-voltage electric system that provides power to 65 million people in all or parts of 13 states and the District of Columbia. It's the largest power grid in North America. As a neutral, independent party, PJM administers a competitive wholesale electricity market. PJM’s long-term regional planning process provides a broad, interstate perspective that identifies the most effective and cost-efficient improvements to the grid to ensure reliability and economic benefits. PJM serves all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. An independent board oversees PJM’s activities. Effective governance and a collaborative stakeholder process help PJM achieve its vision: “To be the electric industry leader – today and tomorrow – in reliable operations and efficient wholesale markets.”
