Bachelor's degree in Engineering, Computer Science, Business, Economics, Mathematics or equivalent work experience
5 years of experience in an Engineer/Analyst position
Strong attention to detail with high-quality work output
Proficient in quantitative and qualitative analysis
Knowledge of mathematical and electrical theory
Ability to troubleshoot and provide technical support
Responsibilities
Conduct comprehensive analysis of electricity market trends to inform design decisions
Perform complex studies and analysis of market design issues
Develop innovative strategies for PJM market evolution
Create position papers to support market design alternatives
Manage expectations of diverse market participants
Deliver presentations on complex ideas to stakeholders
Lead implementation of complex market design initiatives
Benefits
Flexible work arrangement: hybrid model
Collaborative work environment with interdisciplinary teams
Opportunities to shape the future of electricity markets
Engagement with regulatory bodies and stakeholders
Participation in high-stakes decision-making processes
Full Job Description
Flexible Work Arrangement: Hybrid
This position is seeking a talented and motivated Market Design Specialist to join our dynamic team. The Market Design Specialist will work directly with the Manager of market design in support of significant market design enhancements across all PJM's markets and will be responsible for designing, analyzing and optimizing the market structures and rules to ensure efficiency, sustainability, and of most importance, reliability of the power system amongst the energy transition. You will collaborate with interdisciplinary teams, PJM stakeholders, and regulatory bodies to develop innovative solutions that address the evolving needs of the electricity markets. If you are passionate about shaping the future of electricity markets, draw satisfaction from solving complex problems, and building consensus among large groups of people - this job is for you!
Essential Functions:
Market Analysis and Research:
Conduct comprehensive analysis of electricity market trends and other ISO/RTO market rules and practices to identity opportunities or inform design decisions
Market Design and Analysis:
Demonstrates the ability to work independently in the performance of complex studies and analysis of issues.
Offers concepts and strategies pertaining to market design that will enable PJM to remain at the top of its field
Possesses a working knowledge of PJM markets and understanding of the PJM Agreements and Tariffs.
Applies expertise in solving new and complex problems and develops innovative strategies to evolve the PJM markets.
Develops position papers to support market design alternatives and facilitate internal decision making on complex market design matters
Stakeholder and Regulatory Engagement:
Manages the conflicting expectations of the various sectors represented by the market participants.
Develops and delivers presentations on complex ideas to internal and external stakeholders
Assists in the development of revisions to the PJM governing documents to support proposed market design changes
Works closely with PJM legal counsel in the development of FERC filings to support proposed market design changes, including drafting and revising transmittal letters and affidavits.
Project Management:
Leads the implementation of complex market design initiatives, driving cross-functional internal teams to consensus on selected market design approaches
Characteristics and Qualifications: Required:
Bachelor's degree in Engineering, Computer Science, Business, Economics, Mathematics or equivalent work experience
5 years of experience Engineer/Analyst position
Ability to produce high-quality work products with attention to detail
Experience in quantitative and qualitative analysis
Ability to use mathematical and electrical theory
Ability to troubleshoot and provide technical support
PJM is not STEM OPT eligible. Immigration sponsorship is not available for this position. Preferred:
MS degree in Engineering or at least 8 years of experience Sr. Engineer/Sr. Analyst
At least 8 years of experience Sr. Engineer/Sr. Analyst
Experience with PJM operations, markets, and planning functions
About PJM
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia. The company's mission is to ensure the reliability of the power grid and to facilitate the wholesale electricity market. PJM Interconnection operates the largest power grid in North America, serving over 65 million people. The company was founded in 1927 and is headquartered in Audubon, Pennsylvania.
