Job Description

PRIMARY PURPOSE:

Under the general direction of the Manager, responsible for the advanced analytics needed to support the ISO’s data-driven policy decisions and development of market design. Analyzes large sets of energy market data, identifying trends and patterns, providing insights to support business decisions. Designs and develops long-term performance metrics and market solutions to ensure policy and software business rules and processes provide intended solutions. Uses advanced optimization principles and techniques to assess market solutions and model formulations. Uses data science techniques for predictive and descriptive analytics of energy market, reliability services, pricing, and evaluates the performance of energy market design. Act as a subject matter expert (SME) on market data, metrics and reports.

PRINCIPAL DUTIES AND RESPONSIBILITIES  

Performs advanced descriptive analytics for the energy market including day-ahead and real-time, energy and reliability services, congestion revenue rights as well as operational performance. Develops and applies data science algorithms for predictive analytics to support business decisions and the evolution of new market design and products. Develops and implements business solutions such as new market products and/or new market constraints and procedures. Performs complex mathematical and engineering analysis of market software and other advanced application results to determine optimality of market solutions.

Monitors, analyzes and reports on market results, its efficiency and effectiveness. Monitors and detects emerging market trends, such as price and cost spikes, and identifies root causes of market design gaps. Develops and implements long-term market metrics and solutions. Identifies systemic market issues. Develops and presents advanced reports, dashboards and visualizations to communicate insights and trends.

Participates in or leads cross function teams as assigned. Collaborates with market participants, regulators and other stakeholders to develop market solutions and solve complex market design problems. Provides advanced technical, analytical and reporting support to internal business units and external entities.

Supports the production activities for default energy bid calculations, commitment costs, including complex analysis of all components of the default bids and commitment costs, to ensure the accuracy of the inputs and the calculation of the bids, and its impact on the market outcomes.

Provides leadership, mentoring, and guidance to other team members and interns as appropriate. Stays up-to-date with the latest developments in energy markets, data science and technology and applicable federal, state and local regulatory requirements. Acts as a subject matter expert (SME) on energy markets, market data, data science and technology.