Market Operations Engineer Lead

Posted 4 Days Ago
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Taylor, TX
144K-260K Annually
Entry level
Utilities
The Role
The Market Operations Engineer Lead role involves supporting the wholesale electricity market in Texas through monitoring system conditions, performing data analysis, and providing engineering support. Responsibilities include preparing models, investigating data analysis methods, generating market reports, and reviewing market system changes while collaborating with stakeholders and assisting management.
Summary Generated by Built In

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 diversity and inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We accept and celebrate those that join us and recognize that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. A diverse and inclusive workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
 

Working in our market operations division allows for a unique and dynamic opportunity to be at the forefront of the wholesale electricity markets in Texas. You will gain hands-on experience in market design initiatives and real-time operations of the wholesale market while developing your leadership, engineering, and data analysis skills.

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 the basic principles, theories and concepts related to the profession and learns how to apply them within the ERCOT culture.
  • Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained.
  • Contributes to specific objectives and outcomes as directed.

ADDITIONAL JOB DUTIES

Market Operations Engineer

  • Assists in monitoring and analyzing the ERCOT wholesale market
  • 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
  • Develops strong working relationships with other internal departments
  • Performs engineering studies using the ERCOT network models to analyze conditions and events on the system
  • Tests and validates changes to market applications

Market Operations Engineer 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

Market Operations Engineer Lead

  • Provides advice and leadership to lower level staff.

  • Makes recommendations to management regarding issues outside of bounds of existing rules and processes.

  • Acts as a business lead for internal and external projects as assigned by management.

  • Works directly with Market Participants and vendors in discussing current systems and reviewing design changes and enhancements.

  • 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.

  • Design and/or develop analytics tools to monitor and analyze the ERCOT wholesale market.

QUALIFICATIONS

Education

  • Bachelor’s degree in Engineering, Economics, or related discipline or a combination of education and experience that provides equivalent knowledge to a major in such fields.

Work Experience

  • Level 2- Requires minimum 2 years related work experience in excess of degree requirements.

  • Level 3- Requires minimum 3 years related work experience in excess of degree requirements.

  • Senior Level – Requires minimum 5 years related work experience in excess of degree requirements. in electric utility industry.

  • Lead Level - Requires minimum 8 years related work experience in excess of degree requirements.

  • Demonstrates proficient technical skills with common business applications such as SQL, EXCEL and PowerPoint.

There is one position available, and the level will be determined by individual's level of experience.

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-Hybrid , #LI-JM1

ERCOT 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:

$144,161 - $260,000

The Company
Taylor, TX
995 Employees
On-site Workplace

What We Do

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 27 million Texas customers - representing about 90 percent of the state's electric load. As the independent system operator (ISO) for the region, ERCOT schedules power on an electric grid that connects more than 54,100 miles of transmission lines and 1,250+ generation units, including Private Use Networks. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 8 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.

ERCOT's members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipal-owned electric utilities.

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