Resource Adequacy Analyst

The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future.  The NYISO’s Market Operations department invites applications for a full-time Resource Adequacy Analyst to join our team.

The Resource Adequacy Analyst performs job duties necessary to support the IRM, LCR and Import Rights studies. This individual provides analysis to inform the NYISO’s position, as requested, such as supporting Market Design efforts and other organizational efforts that require input from the Resource Adequacy team. Additionally, the analyst assists in creating and delivering public presentations to NYSRC/NYISO stakeholders in support of group efforts, coordinates and communicates information and results with other NYISO groups. The Resource Adequacy Analyst is expected to demonstrate strong technical acumen, communication skills, and strategic thinking in support of capacity market evolution.

The Resource Adequacy Analyst evaluates the reliability of the New York State Bulk Power System (BPS) from a resource adequacy perspective. Additionally, the analyst performs resource adequacy analysis for planning studies, acts as liaison for resource-based reliability issues for the New York BPS and uses broad based knowledge of NYISO systems, markets and processes to develop models that represent the operation of the New York State BPS. The Resource Adequacy Analyst creates study reports, NYISO manuals and other procedure documents, applies knowledge of NYISO tariffs to planning tasks, and presents reports and technical issues to internal and external groups across a broad range of market participants and industry groups. The Resource Adequacy Analyst also conducts in-depth analysis and research to support modeling improvements and evolution of capacity market operations.

ESSENTIAL DUTIES and RESPONSIBILITIES

• Perform system simulation analyses using Multi-Area Reliability Simulation (MARS) software.
• Conduct studies and analyses related to the development of the Installed Reserve Margin (IRM) Study for the NYS Reliability Council (NYSRC).
• Exhibit an understanding of the MARS platform and the various code and software used to run MARS and evaluate results.
• Perform studies and analyses related to the development and reporting of the Locational Capacity Requirements (LCR) Study and Import Rights Study.
• Create public stakeholder materials and present those materials to stakeholders in support of technical studies, emerging issues and other NYISO efforts as directed.
• Conduct research projects and develop whitepapers that have a high visibility with NYSRC and other departments. Act as a department liaison for meetings, work groups and committees as needed.
• Perform studies and develop reports for the requirements set by the NYSRC. Ensure compliance with NYSRC reliability rules and NYISO tariffs, prepare reports independently as necessary.
• Participate with NPCC on their regional resource adequacy studies. Perform the New York annual and triennial studies of resource adequacy, coordinating with other NYISO departments, market participants, neighboring ISOs and with regional and national reliability councils as appropriate.
• Study technical issues and reports that could affect the availability of NYCA generating resources and reliability.
• Coordinate and collaborate closely with NYISO Operations, Planning, Market Design, MMA, and Legal to ensure appropriate data and analytics are conducted in the current and improved resource adequacy model. Identify issues and areas for process improvement and future risks.
• Participate in internal meetings and serve as department’s representative on resource adequacy matters. Determine what issues from meetings should be elevated within the department.
• Participate on internal and external committees, projects and work groups as department liaison, including: ICAP Market Working Group, Business Issues Committee (BIC) and ad hoc groups as required.
• Demonstrate a willingness to learn new software, programming, and analysis methods.

QUALIFICATIONS

• Bachelor’s degree in Economics, Business, Mathematics or Applied Science required.
• Course studies in statistical analysis and optimization techniques, particularly using linear programming-based computer models are highly desired. Master’s Degree preferred.
• Two years of industry or related professional experience required.
• Knowledge of ISO/RTO operations, markets, and planning.
• Experience performing statistical analysis employing programming based computer models, particularly in an ISO/RTO, electric utility or consulting environment; or equivalent combination of education, training and experience.

ADDITIONAL REQUIREMENTS

• Ability to read, analyze and interpret energy system metrics and modeling concepts and methodologies applicable to NYISO reliability planning studies.
• Ability to write presentations and articles using prescribed techniques or style.
• Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups and/or boards of directors.
• Ability to comprehend and apply principles of statistical theory.
• Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
• Ability to respond effectively to the most sensitive inquiries or complaints.
• Intermediate competency in Windows operating environment using MS Office applications, e-mail and the Internet.
• Skill working with relational databases
• Working knowledge of a simulation tool (GE MARS, ABB GridView, PROMOD, etc.)
• Working knowledge of one or more programming tools (MatLab, Python, SAS, Basic, etc)
• Excellent interpersonal, organizational and teamwork skills needed.
  

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, sit and use hands to perform routine office tasks. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The noise level in the work environment is usually moderate. Contact with staff and public will occur. Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays.

At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas of maximum collaboration, relationship building and growth, teamwork, innovation and problem solving, as well as professional development and mentoring. In this role, you will be required to work onsite from our Rensselaer, NY location several days per workweek, with the option to work remotely on the remaining days. You will also be expected to respond to all business needs that may require any increase to the regular onsite requirements.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.