Power Congestion Analyst II

What You Can Expect

As a Power Congestion Analyst II, you will report to Director Congestion Trading and provide quantitative and fundamental analytics for US electricity markets to improve grid modeling and congestion portfolio optimization. Every day, you will perform cost modeling by using DAYZER to forecast nodal electricity price components and analyze weather patterns and fuel prices to predict the base electricity prices. You will also ren optimization models to forecast congestion and determine congestion drivers and research data using relevant databases and statistical tools. You will select nodes to trade based on forecasted congestion pattern, and enter bide curves.

• MISO/SPP Independent System Operator (ISO) congestion analysis
• Act as the central resource on the firm regarding regional ISO information, working with various groups in the organization
• Execute production cost models (Dayzer) by systematically analyzing and updating the inputs as appropriate
• Develop and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results
• Develop systematic and repeatable approach to form fundamental views with respect to congestion trading
• Analyze and determine drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and mirco-fundamentals (specific transmission and generation outage impacts, bids, facility limits)
• Identify model gaps by calibrating the model results to market outcomes and determine appropriate solutions
• Assist asset managers with ad-hoc fundamental analyses
• Participate in ISO meetings as appropriate and assess commercial impacts
• Collaborate with IT personnel to maintain and improve trade tools
• Develop and maintain dispatch and flow models, communicating fundamental developments and views to stakeholders
• Build models to track market fundamentals and regularly benchmark against actualizations

What You’ll Bring

• A minimum of Bachelor’s Degree in which you completed courses in Engineering/Business/Finance or relevant disciplines
• A minimum of 2 years’ work experience in congestion markets analysis, power plant economics, price forecasting, trading, or a related discipline
• Experience in Midcontinent Independent System Operator (MISO), Southwest Power Pool (SPP) ISO congestion markets
• Experience in power markets analysis, power plant economics, price forecasting, trading, or a related discipline
• Knowledge of Financial Transmission Rights (FTRs) market, Day – Ahead & Real – Time markets & Entergy Transmission system
• Understanding of powerflow shift factors, line-outage distribution factors and contingency analysis concepts
• Strong analytical skills
• Clear and effective communicator
• Willingness to engage in dialogue and debate with colleagues
• Proficient in Structured Query Language (SQL) and Python
• Knowledge of statistical techniques

Additional Details

This role is eligible for our hybrid work policy

• Must be willing and able to comply with ENGIE’s policy with respect to COVID vaccination and testing 
• Must be willing and able to comply with all ENGIE ethics and safety policies 

Compensation

Salary Range: $74,500 – $114,195 USD annually

This represents the average expected pay range for a qualified candidate.

Actual offered salary may depend on geography, experience, industry knowledge, education, internal pay alignment, or other bona fide factors.

ENGIE complies with all federal, state, and local minimum wage laws. Actual salary offered may vary depending on geography, experience, education, internal pay alignment, or other bona fide factors. 

In addition to base pay, this position is eligible for a competitive bonus / incentive plan.

Your Talent Acquisition Partner can share more specific information regarding the benefits or the salary for the position based on the work location.

At ENGIE, we take your well-being seriously. Our comprehensive benefits package includes options for medical, dental, vision, life insurance, employer-paid short-term and long-term disability insurance, ESPP, generous paid time off including wellness days, holidays and leave programs. We also help you plan for retirement by offering a 401(k) Retirement Savings Plan with a company match.  But that's not all – we're dedicated to the health and happiness of your entire family, offering supplemental benefits for full time employees that enhance emotional and physical well-being through all stages of life from family forming to caregiver benefits. Explore our benefits package to see how we can support you. Learn more.

Why ENGIE?

ENGIE North America isn’t just participating in the Zero-Carbon Transition, we’re leading it!  Join us as we develop energy that is renewable, efficient, and accessible to everyone.  

At ENGIE, our goal is to support, promote, and thrive on diversity, equity, and inclusion.  We do so for the benefit of our employees, customers, products and services, and community.  ENGIE is proud to be an equal opportunity workplace, and we are firmly committed to creating an equitable and inclusive environment for all employees.

We are committed to providing employees with a work environment free of discrimination and harassment.  All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

If you need assistance with this application or a reasonable accommodation due to a disability, you may contact us at ENGIENA-ENGIEHR@engie.com. This email address is reserved for individuals with disabilities in need of assistance and is not a means of inquiry regarding positions or application status.

This role is eligible for sponsorship.

The safety of our employees is our number one priority. All employees at ENGIE have both a duty and the authority to STOP WORK if unsafe acts are observed.