ISO New England

Market & Optimization Scientist

ISO New England$130K — $165K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's or Ph.D. in Electrical/Industrial/System Engineering, Operations Research, or related fields
  • Strong experience in power system modeling and optimization
  • In-depth knowledge of electricity markets and operations
  • Familiarity with optimization solvers like CPLEX or GUROBI
  • Proficient in programming with Java or Python
  • 5+ years of relevant experience for Senior/Lead roles

Responsibilities

  • Analyze market designs and assess operations/planning processes
  • Develop models and solutions for market design and optimization
  • Research electricity market designs to support clean energy transition
  • Investigate new optimization technologies for scheduling and pricing
  • Perform simulations for market and operations/planning and analyze results
  • Collaborate with other departments to identify and resolve issues
  • Support stakeholder processes and contribute to FERC filings

Benefits

  • Comprehensive health insurance (medical, dental, vision)
  • 401(k) plan with employer contributions
  • Annual performance bonus
  • Flexible spending and health savings accounts
  • Student debt benefit
  • Paid time off and paid leave
  • Wellness program and employee assistance program
Full Job Description


How you will make an Impact
  • Analyze and assess market designs or operations/planning processes
  • Develop and prototype models/solutions for market design and optimization problems
  • Research electricity market designs to facilitate the region's transition to clean energy
  • Research new optimization technologies to improve scheduling and pricing of electricity markets
  • Perform market/operations/planning simulations and analyze the results
  • Assist other ISO departments in identifying, analyzing and solving problems
  • Support stakeholder processes and FERC filings


What we are looking for
  • A Master's or Ph.D. degree in Electrical/Industrial/System Engineering, Operations Research or related areas
  • Strong knowledge/experience in power system modeling, analysis and optimization
  • Good understanding of electricity markets, power system operations and planning
  • Experience with optimization solver such as CPLEX/GUROBI and programming languages such as Java/Python
  • Excellent written/verbal communication skills and analytical skills
  • 5+ years of experience is required for the Senior/Lead level


The expected salary range for this position is $130,000 - $165,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks.

This is a U.S. based role. If the successful candidate resides outside of the U.S., relocation will be required.

About ISO New England

ISO New England Inc. is an independent, non-profit Regional Transmission Organization, headquartered in Holyoke, Massachusetts, serving Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. ISO-NE oversees the operation of New England's bulk electric power system and transmission lines, generated and transmitted by its member utilities, as well as Hydro-Québec, NB Power, the New York Power Authority and utilities in New York state, when the need arises. ISO-NE is responsible for reliably operating New England's 32,000 megawatt bulk electric power generation and transmission system. One of its major duties is to provide tariffs for the prices, terms, and conditions of the energy supply in New England. ISO New England's stated mission is to protect the health of New England's economy and the well-being of its people by ensuring the constant availability of electricity, today and for future generations. ISO New England ensures the day-to-day reliable operation of New England's bulk power generation and transmission system, oversees the administration of the region's wholesale electricity markets, and manages the regional planning processes. ISO-NE was created in 1997 by the Federal Energy Regulatory Commission, as a replacement for the New England Power Pool, which was created in 1971. The ISO-NE grid does not extend to remote parts of eastern and northern Maine in Washington and Aroostook Counties. In these areas, residents receive their electricity from Canadian providers such as NB Power and Hydro-Québec.
Learn more about ISO New England
Industry
Founded
1997

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