Market Operations Analyst 3
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 inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
JOB SUMMARY
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.
- May respond to inquiries and/or provide assistance and/or guidance to lower-level workers.
- Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained.
- Contributes to specific objectives and outcomes as directed.
ADDITIONAL JOB DUTIES
Market Operations Analyst 1 – CRR
- Assists in monitoring and analyzing the ERCOT wholesale market. Develops understanding and knowledge of competitive energy markets and trends
- Develops and maintains knowledge of the wholesale market and ERCOT grid operations 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 department
- All job duties of Market Operations Analyst 1 - CRR
- 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
- Tests and validates changes to the applications used by the team to perform CRR auction and allocation activity
Market Operations Analyst 3 – CRR
- All job duties of Market Operations Analyst 2 - 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 to support Market Participant business needs
- Anticipates and resolves issues within the ERCOT wholesale market and grid operations using power engineering knowledge and experience
- Proposes and creates new solutions for data acquisition and reporting
- 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 Analyst Senior – CRR
- All job duties of Market Operations Analyst 3 - 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
EXPERIENCE
- Level 2: Requires minimum 1 year related work experience in excess of degree requirements
- Level 3: Requires minimum 3 years related work experience in excess of degree requirements
- Senior Level: Requires minimum 5 years related work experience in excess of degree requirements
All Levels Prefer the following experience:
- Demonstrates proficient technical skills with applications such as MS Office Suite, SQL, Python, Linux/Unix.
EDUCATION
- Bachelor's Degree : Electrical Engineering or related field
- Or a combination of education and experience that provides equivalent knowledge to a major in such fields is required
#LI-AK1
ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.
Expected Salary Range:
$82,344 - $131,720
Average salary estimate
If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.
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