Engineer - Sr. Economic Studies

JOB-1838

Hybrid : Carmel, IN.

Carmel, IN.

Little Rock, AR or

Eagan, MN

Duration : N / A. Direct.

Analyze transmission expansion needed to address energy market inefficiencies using production cost modeling tools including but not limited to PROMOD, PROMOD Analysis Tool (PAT), PSS / E, Transmission Adequacy Reliability Assessment (TARA).

ESSENTIAL CAPABILITIES AND RESPONSIBILITIES

• Answers advanced external customer inquiries from client relations through Siebel / MS Dynamics / Shared Email Inboxes.
• Prepares and presents materials for presentations at PAC, PSC, RECBWG, and SPM stakeholder meetings as needed.
• Prepares and presents materials for workshops.
• Provides support and feedback to economic planning team members on material development and presentations.
• Demonstrates willingness to mentor others.
• Leads development of generation, load, and renewable energy profile workbooks from internal sources and economic data vendor sources.
• Collaborates on powerflow mapping and on workbook updates, reviews, and cleaning.
• Participates in model-building working sessions and focus on communicating the model-building process and creating connections between data sources and their impacts.
• Ensures model building process is being followed while keeping an open mind for better improvements that would benefit model building process.
• Demonstrates an understanding of all economic model build processes.
• Leads development of generation, load, and renewable energy profile workbooks from internal sources and economic data vendor sources.
• Participates in model-building working sessions and focus on communicating the model-building process and creating connections between data sources and their impacts.
• Ensures model building process is being followed while keeping an open mind for better improvements that would benefit model building process.
• Maintains a strong understanding of tools, software, resources, and vendors utilized for model-building, flowgate identification, and economic study work.
• Identifies and communicates areas of opportunity for process improvement and accepts the need for change with assistance.
• Collaborates with economic planning team to execute process improvement initiatives.
• Performs testing of new tools and processes.
• Reaches out to newcomers to help them understand processes, and ensure they are included in process conversations.

EDUCATION / EXPERIENCE / QUALIFICATIONS

Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical And Computer Engineering, Electrical And Electronic Engineering Or Electronics And Computer Engineering

Technology, or related field

Sr I : 6 years experience required; 7 years preferred

o Related economic transmission planning, compliance, regulatory standards, or expansion planning experience (required)

o Related Electric Reliability Organization (ERO) or Regional Reliability Organization (RRO) experience (preferred)

Appropriate level will be determined based upon experience and knowledge.

TECHNICAL KNOWLEDGE, SKILLS, AND CAPABILITIES

The requirements listed below are representative of the knowledge, skills, and / or abilities required to perform each essential duty satisfactorily.

• Ability to analyze and assess the transmission system for congestion; to ensure operational reliability, adequacy, efficiency, and security, and the long-term needs of transmission customers are being met
• Good understanding of the energy market, underlying transmission system and generation fleet and its response under contingent conditions
• Ability to perform production cost modeling analysis to identify economic opportunities to be addressed through transmission and / or generation solutions
• Ability to develop, communicate, and coordinate project plans and projects
• Comprehension of complex business scenarios; including the ability to define problems, collect & analyze data, establish facts, and draw valid conclusions
• Microsoft Office Suite
• Virtual conferencing platforms (Webex, Teams, Zoom)
• Understanding NERC, FERC Regulatory Compliance Requirements
• Databases such as Production Costing software, PROMOD / Powerbase, PAT, or Portfolio Assessment software
• Understanding of production cost model building process and techniques
• Load Forecasting techniques and principals of economic dispatch
• Basic fuel and power market dynamics; economic and environmental regulations related to power sector
12 days ago