Manager, Resource Adequacy

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state.

The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future. The NYISO’s Market Operations team invites applications for a full-time Manager, Resource Adequacy.

The Manager, Resource Adequacy manages the highly visible group that is responsible for establishing the NYCA Installed Reserve Margin (“IRM”), Locational Minimum Installed Capacity Requirements, ICAP Market Import Rights setting processes. In addition, provide coordination for, and manage dissemination of, technical expertise to NYISO market design, manage key inputs into the NYISO’s Buyer Side Mitigation evaluations, and provide technical analysis in support of business goals that impact IRM and LCR outcomes (e.g., public policy transmission planning).

Coordinates and provides NYISO representation on various internal, stakeholder and regulatory Committees dealing with resource adequacy issues. Coordinates NYISO communication and activities related to the NYISO’s interaction with the New York State Reliability Council, in particular the Installed Capacity Subcommittee.

Responsible for the development, oversight, and execution of a multi-year strategy to evolve Resource Adequacy modeling to maintain reliability in recognition of an evolving resource mix.

Controls and administers the overall processes and communications associated with the Resource Adequacy function.

ESSENTIAL DUTIES And RESPONSIBILITIES

- Direct the highly visible group that is responsible for establishing IRM, LCR, and ICAP Import Rights.

- Act as the primary liaison to the New York State Reliability Council (NYSRC) Installed Capacity Subcommittee (ICS) for the development of the Installed Reserve Margin (IRM).

- Manage the IRM Study, concluding with the NYSRC Executive Committee approval and filing of the IRM with the NYS Public Service Commission and FERC.

- Monitor and guide the development of the IRM Study schedule and milestones.

- Manage IRM Study data collection. Coordinate data collection, review, and approval from internal NYISO groups (e.g., ICAP Market Operations, Long Term Reliability Planning, Load Forecasting) and external sources (e.g., neighboring Control Areas, NERC).

- Lead the monthly stakeholder process associated with the IRM Study, including obtaining input from Market Participants for use in studies and managing the NYISO response to MP input.

- Manage the NYISO’s annual LCR setting process, concluding with NYISO Operating Committee approval. This includes the publication of the NYISO’s LCR Report, Transmission Security Limit report, and annual Net CONE Curves.

- Coordinate stakeholder feedback on the LCR setting process, prioritize issues relevant to the NYISO and its Senior Leadership Team, and escalate relevant questions.

- Administer the NYISO’s ICAP Import Rights setting process, concluding with approval at the NYISO Business Issues Committee.

- Direct, implement, test, and maintain all IRM/LCR models, software, model changes, and software changes related to the IRM and LCR studies.

- Control and administer procedures related to the IRM, LCR, Import Rights, and NYSRC Reliability Rule compliance.

- Assess future resource adequacy needs and recommend organizational changes to position the NYISO to maintain reliability through a grid in transition.

- Make recommendations in relation to New York resource requirements, as appropriate, to the Operating Committee (OC), Management Committee (MC), and Board of Directors.

- Coordinate with other NYISO personnel, market participants, regional and inter-regional reliability councils and neighboring ISO/RTOs.

- As management expert in resource adequacy, participate in extensive and significant discussions and meetings with market participants and regulatory committees.

- Provide guidance and recommendations on other market design, operations, market operations, and planning efforts, as needed.

- Perform management duties including staff supervision, career guidance, budget preparation, resource allocation, operating decisions and related.

Qualifications include:

- Bachelor’s degree (BS) in Engineering Management, Business Administration, Electrical Engineering, or related technical field required; Master’s degree preferred.

- Seven years of related experience in electric system reliability analysis, resource adequacy assessment, electrical engineering, applied statistics or mathematics required; or equivalent combination of education, training and experience. Demonstrated leadership experience desirable.

Additional Requirements

- Ability to read, analyze and interpret common scientific and technical journals, financial reports and legal documents. Ability to respond to common inquiries or complaints from Market Participants, regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups and/or boards of directors.

- Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.,) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.

- Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs. Advanced proficiency in numerous statistical, database and modeling software tools such as XML database software, SAS, and GE MARS or equivalent is desirable.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to talk or hear.  The employee frequently is required to stand, walk, sit and use hands to perform routine office tasks.  The employee is occasionally required to reach with hands and arms.  The employee must occasionally lift and/or move up to 15 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

The noise level in the work environment is usually moderate. Contact with staff and public will occur. Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays.

At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas of maximum collaboration, relationship building and growth, teamwork, innovation and problem solving, as well as professional development and mentoring. In this role, you will be required to work onsite from our Rensselaer, NY location several days per workweek, with the option to work remotely on the remaining days. You will also be expected to respond to all business needs that may require any increase to the regular onsite requirements.

The NYISO takes pride in recruiting, developing and retaining highly talented individuals. In addition to competitive salaries, we offer a comprehensive benefits package and innovative reward programs.

All offers of employment will be made contingent upon the successful completion of a drug screening and background check.

The NYISO is an Equal Opportunity Employer and as such, does not discriminate in its hiring or employment practices.

Salary Range

$131,700 - $228,400 USD