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Market Operations Engineer I/II/III/Sr.

Electric Reliability Council of Texas

Location:
Position Type:
Rqd Education:
Rqd Experience: 5+ years
Date Posted: July 24, 2022
Reference Code: R1104
AT ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow's energy challenges while learning new skills and growing your career.

ERCOT is committed to fostering diversity and inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We accept and celebrate those that join us and recognize that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. A diverse and inclusive workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.

ERCOT offers the flexibility to work both in and out of the office within the state of Texas, providing our employees with an enhanced work life balance.

Engineering support for the wholesale electricity market in Texas. Monitors system conditions and market performance. Works closely with both internal and external stakeholders concerning issues related to the wholesale market construct within the ERCOT Protocols. Helps ensure consistency and stability of the market.

JOB SUMMARY

Acquires the skills and knowledge to provide engineering and analytical support for the wholesale market and grid operations. Prepares and validates models of the electric power systems. Applies principles of electricity market theory to understand market behavior and outcomes.Investigates methods for data analysis to develop improved analytical tools.Monitors and analyzes the wholesale electricity market. Generates and maintains market reports per requests and protocols.Assists the management team and senior experts in providing technical assistance to PUCT, industry and stakeholder groups. Recommends, reviews and tests proposed changes to the ERCOT wholesale market systems and design. Under supervision, helps to ensure all wholesale market activities have been successfully completed per protocols and works closely with Market Participants to resolve issues concerning wholesale market and grid operations.

Essential Job Duties and Tasks

Level I/II
  • Assists in monitoring and analyzing the ERCOT wholesale market
  • Assists in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
  • With guidance from senior team members and/or management, executes market operator processes and procedures for CRR auctions and allocations
  • Acquires the skill and knowledge of ERCOT procedures and business functions related to the CRR program and other ERCOT operations
  • Develops understanding and knowledge of competitive energy markets and trends
  • Develops and maintains knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
  • Acquires the skills and knowledge to begin to anticipate and resolve issues within the ERCOT wholesale market and grid operations using power engineering knowledge
  • Generates and maintains market reports per requests and protocols
  • Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups
  • With guidance from senior team members and/or management, assists in addressing Market Participant questions pertaining to the daily market and grid operations activities
  • Attends stakeholder, industry, and PUCT meetings under the direction of the ERCOT management team
  • Escalates issues to the Supervisor and/or Manager in a timely manner when necessary
  • Develops strong working relationships with other internal departments
  • Tests and validates changes to the applications used by the team to perform CRR auction and allocation activity
Market Operations Engineer III - CRR
  • Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed
  • Takes lead role in the creation and validation of network models of the ERCOT system for CRR auctions and allocations
  • Executes market operator processes and procedures for CRR auctions and allocations
  • Develops and maintains extensive knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
  • Anticipates and resolves issues within the ERCOT wholesale market and grid operations using power engineering knowledge and experience
  • Generates and maintains market reports per requests and protocols
  • Proposes and creates new solutions for data acquisition and reporting
  • Assists the management team and senior experts in providing technical assistance to PUCT, industry and Stakeholder groups
  • Attends stakeholder, industry, and PUCT meetings and provides input when requested
  • Uses judgment and provides remedies for Market Participants disputes within the ERCOT market
  • Addresses Market Participant questions pertaining to the daily market and grid operations activities
  • Works independently and escalates issues to the Supervisor and/or Manager in a timely manner when necessary
  • Develops strong working relationships with other internal departments
  • Tests and validates changes to the applications used by the team to perform CRR auction and allocation activity
Market Operations Engineer Senior - CRR
  • Serves as Subject Matter Expert
  • Uses expert judgment to provide remedies for Market Participants disputes within the ERCOT market
  • Communicates frequently and upon own initiative to stakeholders regarding the application of protocols
  • Generates and/or reviews presentation materials for stakeholder, industry, and ERCOT board meetings
  • Lends professional expertise to guide projects and help teammates as assigned by management
QUALIFICATIONS

Education
  • Bachelor's degree in Electric Engineering or related discipline or a combination of education and experience that provides equivalent knowledge to a major in such fields.
Work Experience

Level I Requirements:
  • No minimum work experience required
Level II Requirements:
  • Minimum two years working experience (in excess of degree requirements stated above) inelectric utility industry
  • Demonstrates proficient technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Level III Requirements:
  • Requires minimum 3 years job related work experience in excess of degree requirements
  • Demonstrates proficient technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Senior Level Requirements:
  • Requires minimum 5 years job related work experience in excess of degree requirements
  • Demonstrates proficient technical skills with common business applications such as SQL, EXCEL and PowerPoint.
Preferred Experience for ALL Levels:
  • Powerworld
  • PSSE
  • R
  • SAS
  • Visual Basic
  • Python
There is one position available. Position level is open to a level I, II, III, or Sr. depending on the candidate identified and their level of experience.

WORK LOCATION:
  • There are requirements in this role that will be required to be performed on-site in Taylor, TX. It is estimated that your business area will require this position to be on-site at least (2) days per week. Circumstances and business needs may require you to be on-site more often. On-site requirements are at the discretion of Management.
  • Remote work schedules shall be performed within Texas. Log-ins during out of state business travel, and any temporary remote work arrangements that have been submitted and approved in Workday by HR.
The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time.

#LI-MH1, #LI-Remote
About this Employer‍

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 26 million Texas customers -- representing about 90 percent of the state’s electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 52,700+ miles of transmission lines and 1,030+ generation units, including PUNs. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for 8 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. Its members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.