What are the responsibilities and job description for the Power Grid Modeling and Forecasting Analyst II position at ENGIE Global Energy Management & Sales (GEMS)?
What You Can Expect
As a Power Grid Modeling and Forecasting Analyst in Houston, you will report to Power Congestion Trading Director, you will develop long term grid scenarios and forecast nodal price curves using production cost modeling tools.
Salary Range: $74,900 – $114,770 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.
As a Power Grid Modeling and Forecasting Analyst in Houston, you will report to Power Congestion Trading Director, you will develop long term grid scenarios and forecast nodal price curves using production cost modeling tools.
- Execute nodal level production cost models by systematically analyzing and updating the inputs as appropriate
- Propose, prepare and execute appropriate scenario studies pertinent to the period of study and systematically analyzing the results under the guidance of the Advisor
- Develop systematic and repeatable approach to analyze and form fundamental views with respect to macro-trends
- Analyze and determine drivers of Day Ahead and Real Time congestion market outcomes based on macro-fundamentals (supply, demand, renewables) and micro-fundamentals (specific transmission and generation outage impacts, bids, facility limits)
- Identify model gaps by calibrating the model results to market outcomes and implement appropriate solutions
- Collaborate with IT personnel to maintain and improve relevant tools
- Develop and maintain dispatch and flow models, communicating fundamental developments and vies to stakeholders
- Recommend and implement process improvements to the enhance fundamental trading
- 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
- A minimum of a four-year degree in which you completed courses in Engineering, Business and Finance or relevant disciplines
- A minimum of two years of work experience in the energy or finance industry
- Six recent months of nodal grid planning and wholesale electricity market experience in a relevant Independent System Operator (ISO).
- Strong understanding of power grid optimization, powerflow shift factors, line-outage distribution factors and contingency analysis
- Strong analytical skills
- Clear and effective communicator
- Willingness to engage in dialogue and debate with colleagues
- Proficient in coding such as SQL/ Python
- Knowledge of statistical techniques
- This role is eligible for our hybrid work policy; 4 days (Monday through Thursday) working in the office
- Must be willing and able to comply with all ENGIE ethics and safety policies
Salary Range: $74,900 – $114,770 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.
Salary : $74,900 - $114,770
