Principal Electrical Power Market Engineer (FTR)

Posted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office
152K-177K Annually
Senior level
Other • Energy
The Role
Lead administration and improvement of the Financial Transmission Rights (FTR) market: validate and analyze models, run monthly FTR auctions, collaborate across modeling, planning, operations, settlements and credit teams, implement automation and process improvements, and support market changes to accommodate increased renewable integration.
Summary Generated by Built In

As our Principal Electrical Power Market Engineer, you will help MISO carry out an efficient and fair Financial Transmission Rights Market to deliver on our vision of being the most reliable, value creating Regional Transmission Operator (RTO).

Additionally, as our Principal Electrical Power Market Engineer, you will be part of the team which collaborates with many other areas within MISO including modeling, planning, outage coordination, credit, settlements, and operations teams.  You will help the team administer one of the energy markets which provides an opportunity to hedge against the volatility of transmission congestion charges that load serving entities face in the Day-Ahead Energy and Operating Reserves Market.

You will also have the opportunity to work on a variety of projects ranging from process automation to implementing ground-breaking changes to help ensure the MISO Financial Transmission Rights Market continues to provide value as increased renewable energy is integrated into the grid.

In one year as our Principal Electrical Power Market Engineer, you will know you were successful if:

  • you carry out existing processes such as validating and analyzing models to independently carry out a Financial Transmission Rights monthly auction
  • you collaborate with others to implement process improvements and transformative changes

We are looking for hardworking engineers who have at least a Bachelor’s degree in any of the following:

  • Electrical Engineering
  • Computer Engineering
  • Electrical Engineering Technology
  • Electrical and Computer Engineering
  • Electrical and Electronic Engineering
  • Electronics and Computer Engineering Technology

We are looking for our ideal engineer who has at least eight years of related work experience

We would also prefer engineers with the following:

  • Twelve years of related energy industry work experience
  • Four years of related Financial Transmission Rights market, Day-Ahead Energy market, or Real-time energy market design, operations, administration, or trading experience
  • Four years of related real-time or market operations experience as an operator
  • Power flow analysis and congestion forecasting experience
  • Programming, automation, and data analytics experience
  • NERC certification

Appropriate level will be determined based upon experience and knowledge.

See what MISO is all about!

MISO manages the electricity superhighway in the Central U.S. through use of groundbreaking research and advanced technology; our highly skilled employees ensure power flows reliably to 45 million people. Operating the electricity grid, running a robust energy market, planning for a bright future – it’s what our immensely talented and dedicated team does every day.

The base salary compensation range being offered for this role is $152,000.00 – $177,000.00 USD annually.  Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience.

Position is also eligible for an annual bonus if individual performance and company objectives are met.  At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.

For more info about MISO, check out our video: 

MISO, What We Do

Apply today for this great opportunity to help us keep the lights on!

#DiscoverMISO #LifeatMISO #MISOCareers


#LI-DH1

#LI-ONSITE

Qualifications Education Required Bachelors or better. Experience Required relevant work experience Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • 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 eight years of related work experience
  • Twelve years of related energy industry work experience
  • Four years of Financial Transmission Rights market, Day-Ahead Energy market, or Real-time energy market design, operations, administration, or trading experience
  • Four years of real-time or market operations experience as an operator
  • Power flow analysis and congestion forecasting experience
  • Programming, automation, and data analytics experience
  • NERC certification
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The Company
Carmel, IN
1,017 Employees

What We Do

Midcontinent Independent System Operator (MISO) is an independent, not-for-profit organization that delivers safe, cost-effective electric power across 15 U.S. states and the Canadian province of Manitoba. MISO is committed to the reliable, non-discriminatory operation of the bulk power transmission system and collaborating with all stakeholders to create cost-effective and innovative solutions for our changing industry. MISO operates one of the world’s largest energy markets with approximately $22 billion in annual gross market energy transactions.

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