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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: August 22, 2022
Reference Code: R1114
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.

Working in our market operations division allows for a unique and dynamic opportunity to be at the forefront of the wholesale electricity markets in Texas. You will gain hands-on experience in market design initiatives and real-time operations of the wholesale market while developing your leadership, engineering, and data analysis skills.

ERCOT is seeking a Market Operations Engineer for 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. 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.

JOB DUTIES
  • Understands and applies principles, theories and concepts related to the profession and ERCOT's culture.
  • Exercises judgment within defined procedures and practices to determine appropriate action.
  • Impact is generally limited to specific assignments or projects.
  • May respond to inquiries and/or provide assistance and/or guidance to lower level workers.
ADDITIONAL JOB DUTIES

Market Operations Engineer 1 & 2 - DAM -- above experience plus:
  • Executes the Day-Ahead Market daily, and validates the inputs and result
  • Works shifts for Day-Ahead Market operations desk, which operate 10 hours a day on a rotation that includes some holidays and weekends
  • Assists in monitoring and analyzing the ERCOT wholesale market
  • Assists in the creation of network models of the ERCOT system for the Day-Ahead Market
  • Acquires the skill and knowledge of ERCOT procedures and business functions related to the Day Ahead Market 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
  • Escalates issues to the Supervisor and/or Manager in a timely manner when necessary
  • Develops strong working relationships with other internal departments
Market Operations Engineer 3 - DAM -- above experience plus:
  • Executes the Day-Ahead Market daily, and validates the inputs and results
  • Works shifts for Day-Ahead Market operations desk, which operate 10 hours a day on a rotation that includes some holidays and weekends
  • Assists in the creation of network models of the ERCOT system for the Day-Ahead Market
  • Tests and validates changes to the applications used by the team to execute the market
  • Monitors and analyzes the ERCOT wholesale market and recommends design/system modifications and enhancements as needed
  • 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
  • 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
Market Operations Engineer Senior - DAM -- above experience plus:
  • 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
EXPERIENCE
  • Level 1 Engineer - No minimum experience required
  • Level 2 Engineer -- Requires minimum 1 year related work experience in excess of degree requirements
  • Level 3 Engineer -- Requires minimum 3 years related work experience in excess of degree requirements
  • Senior Level Engineer -- Requires minimum 5 years related work experience in excess of degree requirements
EDUCATION
  • Bachelor's Degree : Electrical Engineering (Required)
  • or a combination of education and experience that provides equivalent knowledge to a major in such fields is required
Job is open to a Level 1, Level 2, Level 3, or Senior Level Engineer depending on the candidate's experience that is identified.

WORK LOCATION:
  • Job duties must be performed on-site in Taylor, TX
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-Onsite, #LI-JH1
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.