What are the responsibilities and job description for the Market Evaluation Analyst position at MIDCONTINENT INDEPENDENT SYSTEM?
Staring Salary Range: $70,000 - $90,000 - position is also eligible for an annual bonus if individual performance and company objectives are met.
As an Analyst on MISO’s Market Evaluation Team your work will directly contribute to ensuring the reliable and efficient operation of the power grid that serves 45 million people. By analyzing and enhancing market and system operations you’ll help MISO manage congestion through its market systems and ensure sufficient resources are online and available to meet system demands and support grid reliability.
In this role you will evaluate and report on the health of MISO’s markets, focusing on their reliability, efficiency and ability to incentivize desired behaviors. You will have the opportunity to recommend and evaluate new wholesale electricity market design initiatives that positively impact market outcomes for our stakeholders and end use customers. You will be responsible for using narrative and data visualizations that tell the story about the performance of the MISO markets and the opportunities to improve market outcomes.
In one year, you will know you’re successful if:
- You are able to perform statistical and economic analysis on market and system operations, market products, Market Participant behaviors and their resulting market outcomes
- You understand the mechanics of the MISO market systems and how they fit together
- You are able to assess the health of the markets, deliver timely event reporting and validate that market outcomes align with related design requirements
- You collect, categorize, and analyze data to identify patterns and trends
- You use data visualization software to report findings in a clear and understandable way
- You present findings and recommend changes to internal and external stakeholders
- You improve analytical processes by identifying, streamlining, and automating redundant activities
Skills and experience needed for our Market Evaluation Analyst:
- Bachelor’s degree in Data Science, Economics, Operations Research, or other related field required
- Bachelor’s degree or better and 1-4 years of relevant experience
- Specific experience with data analysis tools and programming languages (e.g. R, Eviews, SAS, Python, VBA, PowerBI, Azure)
- Experience in energy market forecasting and analysis, power system analysis and operation and associated software development, data science, statistical and econometrics analysis and standard market design (preferred)
- Previous deregulated wholesale electricity market or utility experience (preferred)
- Previous energy industry experience with a Regional Transmission Organization (RTO) or market participant (preferred)
Appropriate level will be determined based upon experience and knowledge.
Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. and through use of groundbreaking research and advanced technology, our highly skilled employees ensure power flows reliably to 45 million Americans. Operating the electricity grid, running a robust energy market, planning for a bright future – it’s what our immensely hardworking and dedicated team does every day.
At MISO we offer a hybrid work environment and a comprehensive benefits package, including 401K available on your first day of employment.
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Education
Preferred- Bachelors or better in Economics or related field
- Bachelors or better in Data Science or related field
Skills
Preferred- Python
- PowerBI
Salary : $70,000 - $90,000
