Market Solutions Engineer

Posted 17 Days Ago
Be an Early Applicant
Rensselaer, NY, USA
In-Office
79K-113K Annually
Junior
Utilities
The Role
The Market Solutions Engineer supports electric power system modeling and software applications, ensuring integrity in Smart-Grid software, optimization models, and market testing in the energy sector.
Summary Generated by Built In

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

The New York Independent System Operator (NYISO) (Rensselaer, NY) seeks Market Solutions Engineer to support the electric power system model used by the scheduling and dispatch software. The position develops and applies a working knowledge of the New York State high voltage transmission system and the network model database software to support the NYISO market and security functions. The position is responsible for supporting the real-time power system analysis, primarily the EMS software applications and BMS software applications, along with the development and evolution of the Energy Management Systems (EMS), Energy Market Systems (BMS) and the Smart-Grid application software.

Specifically, duties of the Market Solutions Engineer include the following:

  • Support and maintain the PMU applications such as stand-alone visualization software and EMS based Voltage Stability Monitoring (VSM).
  • Responsible for maintaining EMS and Phasor Data Acquisition and Control systems integration.
  • Ensure integrity of Smart-Grid application software by development and implementation of Business Owner Quality Assurance procedure.
  • Develop and implement PMU application functions in coordination with NY Transmission Owners and neighboring control areas.
  • Provide Power System Operations Dispatcher support and Operator training for all Smart-Grid applications such as, ePDC, RTDMS (Server and Client), ePDE and Grid-Smarts.
  • Develop and maintain software and operating procedures to address special market and operating conditions.
  • Work collaboratively with Energy Market Operation and Grid Operation personnel in new Market Design initiative or new Network model projects including the new EMS/BMS platform.
  • Perform the development of the documentation to support new Market Design initiative or new Network Model projects including the new EMS/BMS platform.
  • Perform Factory Acceptance or Site Acceptance Testing for new Market Design initiative or new Network Model projects including the new EMS/BMS platform.
  • Perform regression test for new Market Design initiative or new Network Model projects to ensure the correct market outcomes including the new EMS/BMS platform.
  • Provide direction on modifications to the Unit Commitment program to support the additional market functionality to the Mixed Integer Process (MIP) solution.
  • Provide technical support to Energy Market Operation, Market Validation, Market Monitoring, IT Quality Assurance and Stakeholder Service in replying to Market Participant questions for all aspects of Market Solutions Engineering.
  • Support testing efforts of Energy Market Operations including development of Unit Acceptance Test plans for projects affecting the energy market software.
  • Support testing efforts of Capacity Market Operations including development of resource adequacy models, capacity auction models, capacity expansion models and capacity accreditation models.
  • Support and maintain the PMU applications such as stand-alone visualization software and EMS based Voltage Stability Monitoring (VSM).
  • Provide implementation support to the product teams by reviewing requirements documents, reviewing design notes from vendors and developing User Acceptance test plans for deployment of enhancements and new features to production.
  • Support external research engagements for the NYISO and actively support research engagements under the direction of Manager, Market Solutions Engineering.

Bachelor’s degree in Electrical Engineering or a closely-related technical field. The successful candidate must also have two (2) years of experience as an Analyst or Engineer in the energy industry and two (2) years’ experience in the following:

  • Creating optimization models for Battery Energy Storage Systems (BESS) dispatch
  • Developing bidding strategies in wholesale electricity markets
  • Working with Python and Microsoft Visual Studio Code

Salary Amount/Range $79,456 - $113,000/year. 

Salary Range
$79,456$113,000 USD

Skills Required

  • Bachelor's degree in Electrical Engineering or closely-related technical field
  • Two years experience as an Analyst or Engineer in the energy industry
  • Creating optimization models for Battery Energy Storage Systems (BESS) dispatch
  • Developing bidding strategies in wholesale electricity markets
  • Working with Python
  • Working with Microsoft Visual Studio Code
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The Company
Rensselaer, New York
593 Employees
Year Founded: 1999

What We Do

The New York Independent System Operator (NYISO) is responsible for the reliable operation of New York’s nearly 11,000 miles of high-voltage transmission and the dispatch of more than 500 electric power generators. In addition, we administer bulk power markets that trade an average of $7.8 billion in electricity and related products annually. As a not-for-profit independent system operator, we are governed by a 9-member Board of Directors. Market Participants and Stakeholders in New York’s electricity markets play a significant role in our unique shared governance process. We employ more than 550 people and occupy two locations in New York's Capital Region. Given the technical complexity of our mission, over a quarter of the company’s staff are devoted to the development and support of information technology. We have a diverse and engaged workforce, and have been recognized as a top employer in the region. Connect with the NYISO online: BLOG: https://www.nyiso.com/blog PODCAST: https://www.nyiso.com/podcast CAREERS: https://www.nyiso.com/careers PRESS: https://www.nyiso.com/press Follow NYISO on Twitter: https://twitter.com/NewYorkISO Subscribe to the NYISO YouTube channel: https://www.youtube.com/@NewYorkISO

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