What are the responsibilities and job description for the Senior Energy Power Markets Consultant position at TRC Companies, Inc.?
TRC is seeking a Senior Energy Power Markets Consultant to join our team! The Senior Energy Power Markets Consultant will be an essential part of our team to grow the consulting practice in the Wholesale Energy Markets domain. This role can be accomplished from most locations across the United States.
- Lead and participate in efforts to improve the wholesale market by analyzing issues, proposing and gaining consensus on changes, implementing solutions, training staff, executing studies to analyze proposed changes and tracking the impact of changes.
- Support business decisions and the evolution of new market design and products. Develops and implements business solutions such as new market products and/or new market constraints and procedures.
- Perform Market focused studies to validate market performance per revised design rules to meet regulatory and business requirements.
- Demonstrates knowledge of policy issues and related matters. Anticipates, identifies and resolves engineering-related problems and potential problems within Market areas.
- Vendor management experience in working with MMS platform vendor to ensure quality of software delivery.
- Testing of market software fixes and enhancements, coordinating Market Participant testing and ensuring all updates are effective and operational.
Develop Test Specifications per regulatory and business requirements and review with key stakeholders.
- Execute Test Specifications to validate vendor and in-house developed MMS software meets requirements.
- Performs advanced descriptive analysis for the energy market including day-ahead and real-time, energy and reliability services, congestion revenue rights as well as operational performance.
- Monitors, analyzes and reports on market results, its efficiency and effectiveness.
- Develops and presents advanced reports, dashboards and visualizations to communicate insights and trends.
- Provides leadership, mentoring, and guidance to client team members. Stays up-to-date with the latest developments in energy markets, data science and technology and applicable federal, state and local regulatory requirements. Acts as a subject matter expert (SME) on energy markets, market data, data science and technology.
- 5 years of experience working within the Wholesale Energy Markets domain
- Experience with North American Wholesale Markets, Market rules and applications, such as CAISO, ERCOT, NEISO, SPP, PJM, NYISO, IESO, AESO.
- Familiarity with Wholesale Markets initiatives such as CAISO’s Energy Imbalance Market (EIM), EDAM, ERCOT’s RTC B, SPP’s Markets , etc.
- Prior experience implementing/support Day Ahead and/or Real-Time Wholesale Energy Markets, including with associated applications such as Reliability Unit Commitment (RUC), Real-Time Co-optimization (RTC), Market Power Mitigation (MPM), Congestion Revenue Rights (CRR), Financial Transmission Rights (FTR), etc.
- Familiarity with Day Ahead and Real-Time market implementations, business processes and functional upstream/downstream system dependencies
- Experience in Data Analysis and Analytics, of market data to identify anomalies from expected outcomes
- Bachelor’s Degree, Master’s Degree, or Ph. D in Electrical Engineering, or related technical field required
- Course studies in power system operation and control, statistical analysis and optimization techniques particularly using linear programming-based computer models are desired.
- Familiarity with implementation of Optimization Models within Wholesale Markets domain.
- Background in models and databases used in power system analyses, and business experience in electric power systems or wholesale electric markets are desired, or equivalent combination of education, training, and experience.
Travel: Up to 20% travel to TRC client locations within the United States
Benefits*: TRC offers a competitive benefit package consisting of:
- Medical, dental, vision, and disability insurance.
- 401k package that includes both traditional and Roth IRA options and Company match.
- Paid time off contingent upon full time or part time status and level of seniority (ranging from 15 to 25 days per year).
- All full-time employees enjoy a minimum of 8 Paid Holidays per year.
- TRC ensures that all employees, including those that work part-time, receive paid sick, family, and disability leave in accordance with the laws of their state of residence.
*These benefits are applicable to US employees depending on their employment status (full time, part time, or temporary). TRC offers jurisdiction specific benefit packages for International and Puerto Rico employees.
Compensation: In accordance with local law, the below salary range is applicable for the job and location associated with this requisition. Compensation will vary based upon experience, education, skill level, geographical location, and other compensable factors.
Other Compensation: Employee may be eligible for participation in the Company’s annual Discretionary Bonus Program which is contingent on Company, Business Segment, and Individual performance against Key Performance Indicators which vary by year and employee.