Principal Market Congestion Hedging Engineer

Company:  MISO
Location: Eagan
Closing Date: 19/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

As our Principal Market Congestion Hedging Engineer , you will help MISO carry out an efficient and fair Financial Transmission Rights Market to deliver on our vision of being the most reliable, value creating Regional Transmission Operator (RTO).


Additionally, you will be part of the team which collaborates with many other areas within MISO including modeling, planning, outage coordination, credit, settlements, and operations teams. You will help administer one of the energy markets providing an opportunity to hedge against the volatility of transmission congestion charges that load serving entities face in the Day-Ahead Energy and Operating Reserves Market.


You will also have the opportunity to work on a variety of projects ranging from process automation to implementing ground-breaking changes to ensure the MISO Financial Transmission Rights Market continues to provide value as increased renewable energy is integrated into the grid.


In one year as our Principal Market Congestion Hedging Engineer, you will know you were successful if:


  • You carry out existing processes such as validating and analyzing models to independently conduct a Financial Transmission Rights monthly auction.
  • You collaborate with others to implement process improvements and transformative changes.

We are looking for hardworking engineers who have at least a Bachelor's degree in any of the following:


  • Electrical Engineering
  • Computer Engineering
  • Electrical Engineering Technology
  • Electrical and Computer Engineering
  • Electrical and Electronic Engineering
  • Electronics and Computer Engineering Technology

We are looking for our ideal engineer who has at least four years of related work experience.


We would also prefer engineers with the following:


  • Power flow analysis and congestion forecasting experience.
  • Energy or Financial Transmission Rights market design, operations, or trading experience.
  • Related power system operations experience.
  • Programming, automation, and data analytics experience.

Appropriate level will be determined based upon experience and knowledge.


For more info about MISO, check out our video: MISO, What We Do.


Apply today for this great opportunity to help us keep the lights on!

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