Economics Engineer

Successful candidates will have experience in the Energy or Utilities sector with clients like:

DTE, Pacific Gas & Electric (PG&E), Consolidated Edison (Con Edison), Dominion Energy, American Electric Power (AEP), Entergy Corporation, Duke Energy, Southern Company, Exelon Corporation, PPL Corporation, Xcel Energy, FirstEnergy, Evergy, Avangrid, Public Service Enterprise Group (PSEG), CenterPoint Energy.

Job titles to look for:

"Economics Engineer" OR "Energy Economist" OR "Energy Analyst" OR "Power Market Analyst" OR "Utility Economist" OR "Energy Systems Analyst"

This is an excellent opportunity for an analytical and detail-oriented Economics Engineer looking to apply economic modeling and financial forecasting in the energy sector. If you have a strong foundation in engineering economics, power markets, and strategic planning, this role offers the chance to contribute to the future of energy generation and grid modernization at CMS Energy.

Job Description:

CMS Energy is seeking an Economics Engineer to perform economic and engineering analyses related to various energy and utility projects. This role requires expertise in cost modeling, energy market analysis, and strategic forecasting to support decision-making for power generation, capacity planning, and grid modernization initiatives. The ideal candidate will collaborate with internal teams, regulatory bodies, and stakeholders to evaluate financial feasibility, optimize energy resources, and ensure compliance with industry regulations.

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.

Preferred Skills & Experience:

• Experience in energy economics, capacity markets, and power generation analysis.
• Proficiency in data analysis, market research, and regulatory filings.
• Knowledge of simulations, cost estimation, and financial risk modeling.
• Strong data management and organization skills.
• Experience in using programming languages for data modeling and analysis.
• Familiarity with CI/CD pipelines, forecasting tools, and reporting frameworks.

Additional Information:

• Language Requirement: Fluent in English (Reading, Writing, Speaking).
• Hybrid Work Model: Weekly in-office presence in Jackson, MI required from Day 1.