Market Operations Engineer 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

• Executes the Day-Ahead Market daily, and validates the inputs and results
• Works on-site 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 of current practices and tools and suggests and implements updates
• 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

REQUIREMENTS

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

• Requires minimum 1 year of related work experience in excess of degree requirements

Preferred Experience:

• Demonstrates proficient technical skills with common business applications such as Python, VBA, Perl, SQL, EXCEL and PowerPoint.

Salary and level will be based on overall experience as determined by ERCOT.

WORK LOCATION – Taylor, TX:

• Employees will be required to be on-site in Taylor and be on a shift schedule available to work weekends and holidays when scheduled.
• Remote work is required to be performed from your Texas residence.  
• Employees may opt to work on-site more than required or 100% of the time

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-Hybrid , #LI-MH-1

Expected Salary Range:

$82,344 - $131,720