What are the responsibilities and job description for the Economics Engineer position at TECH Tammina?
Job Details
Role: Economics Engineer
Location: Jackson, MI (Hybrid - Weekly in-office workdays required from Day 1)
Rate: Market
Duration: Long term
Key Responsibilities:
- Conduct economic modeling and financial analysis for power purchase agreements, capacity markets, and energy generation projects.
- Develop and maintain levelized cost of energy (LCOE) models to evaluate energy investments and resource planning.
- Perform risk assessments, regulatory compliance evaluations, and market impact analyses for strategic energy initiatives.
- Support renewable energy expansion efforts, including solicitations, power purchase agreements (PPAs), and regulatory filings.
- Analyze electric vehicle growth, customer electrification, and grid modernization impacts on utility operations.
- Present complex economic and engineering analyses to senior leadership, regulatory agencies, and external stakeholders.
- Design and execute model simulations for electrical systems, incorporating energy economics principles.
- Ensure compliance with regulatory, legal, and legislative standards affecting utility business strategies.
- Develop and refine organizational processes, including visual management, standard work, and efficiency improvements.
- Write reports, compile data, and create presentations for internal and external communication.
Required Qualifications:
- Bachelor's degree in Engineering from an ABET-accredited program OR an Engineering degree from a non-ABET accredited program with a Professional Engineering (PE) license.
- 2-4 years of experience in cost modeling, budgeting, financial analysis, or economic forecasting.
- Proficiency in Microsoft Excel for complex data modeling and analysis.
- Strong analytical, problem-solving, and decision-making skills with attention to detail.
- Familiarity with regional transmission operator (RTO) market operations and utility business practices.
- Knowledge of engineering principles and economic frameworks for electric power generation.
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