ERCOT/Electric Reliability Council of Texas

Market Intelligence Engineer/Analyst

LocationAustin, TX
Job TypeFull-time
Salary$82,344-$131,720

About This Job

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.

Analytical and strategic support for the wholesale electricity market in Texas. Assists in analytics and research in support of the evolution of the wholesale electricity market in Texas. Works closely with teams monitoring system conditions and market performance to identify trends which may warrant market design changes. Works closely with both internal and external stakeholders concerning issues related to the wholesale market construct within the ERCOT Protocols. Applies principles of electricity market theory to understand and forecast market behavior and outcomes. Investigates methods for data analytics and visualization to develop improved analytical tools. Stays abreast of market evolution in North American and international competitive markets and applies learnings to the ERCOT wholesale market design. Generates and maintains market reports, communicating both technical assessments and strategic insights on market outcomes and future market design features. Assists the management team and senior experts in providing technical assistance to PUCT, industry and stakeholder groups as well as the general public. Models and assesses the merits of proposed changes to the ERCOT wholesale market design.


ADDITIONAL JOB DUTIES


Market Intelligence Engineer/Analyst 1

Demonstrates the skills and knowledge to provide analytical support for the wholesale market and grid operations
Performs analytics with market data
Develops and maintains knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
Assists in monitoring, forecasting, and analyzing the ERCOT wholesale market
Assists in monitoring other markets, such as power futures markets and exchanges, to derive insights into external factors which may impact future ERCOT market outcomes
Develops understanding and knowledge of competitive energy markets and trends in ERCOT as well as other North American and international competitive energy markets
Generates and maintains market reports per request

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 members


Market Intelligence Engineer/Analyst 2 – Above +

Proactively models, forecasts, and resolves future issues and opportunities within the ERCOT wholesale market and grid operations using power engineering knowledge and electricity market theory

Processes ad-hoc and historical extract/report requests and ensures the data provided by ERCOT complies with Protocols, confidentiality rules, and data publishing rules
Assists the management team and senior experts in providing technical assistance and strategic insight to PUCT, industry and Stakeholder groups, and the general public
Attends stakeholder, industry, and PUCT meetings under the direction of the ERCOT management team
Establishes proficiency in market mechanics, business processes and ERCOT systems
Provides support to requestors on where to find and how to use supporting documentation on data extracts, records and reports


Market Intelligence Engineer/Analyst 3 – Above +

Monitors and analyzes the ERCOT wholesale market and recommends market design modifications and enhancements as needed
Monitors and analyzes secondary markets, such as power futures markets and exchanges, to derive insights into external factors which may impact future market outcomes
Develops and maintains extensive knowledge of the wholesale market and ERCOT grid operations in order to support Market Participant business needs
Develops extensive knowledge of electricity market theory and how it is applied in competitive energy markets in North American and international competitive energy markets
Anticipates and proposes solutions to resolve issues within the ERCOT wholesale market and grid operations using power engineering and electricity market theory knowledge and experience
Develops forecasts of market outcomes and future market participant behavior using either commercial power system economic modeling software or applications developed by members of the team
Proposes and creates new solutions for data acquisition, visualization, and reporting for the purpose of informing strategic decision-making
Attends stakeholder, industry, and PUCT meetings and provides input when requested
Works independently and escalates issues to the Supervisor and/or Manager in a timely manner when necessary
Performs engineering studies using the ERCOT network models to analyze conditions and events on the system and generates insights and strategic communications based on the findings of the studies
Develops, tests and/or validates changes to applications developed by the department members


REQUIRED EXPERIENCE

Level 1 - No minimum years of experience required in excess of degree requirements
Level 2 - Requires minimum 1 year job related work experience in excess of degree requirements
Level 3 - Requires a minimum of 3 years of job-related work experience in excess of degree requirements

Salary and level will be based on overall experience as determined by ERCOT.


REQUIRED SKILLS

Requires proficiency in programming languages like Python, database tools like SQL, and data visualization tools like Power BI
Requires strong Excel skills for data manipulation, analysis, and reporting
Requires problem-solving, communication, attention to detail, and critical thinking
Requires knowledge of statistical concepts and techniques for drawing meaningful conclusions from data
Knowledge of power engineering and electricity market theory preferred for entry level
Knowledge of power engineering and electricity market theory required for entry level


EDUCATION

Bachelor's Degree: Business Administration, Computer Science, Economics, Engineering, Mathematics, Science, or related discipline (Required) or a combination of education and experience that provides equivalent knowledge to a major in such fields is required

The foregoing description reflects the minimum qualifications and the essential functions of the position that must be performed proficiently with or without reasonable accommodation for individuals with disabilities. It is not an exhaustive list of the duties expected to be performed, and management may, at its discretion, revise or require that other or different tasks be performed as assigned. This job description is not intended to create a contract of employment with ERCOT. Both ERCOT and the employee may exercise their employment-at-will rights at any time. #LI-Hybrid

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

Similar Jobs

company-logo

Data Analyst

logo
River City Science Academy
Job TypeFull-time
Salary
$20 - $45
Jacksonville, FL
3 months ago
company-logo

Financial Analyst

logo
Third Coast
Job TypeFull-time
 
Houston, TX
5 months ago
company-logo

Market Intelligence Engineer/Analyst

ERCOT
Job Typefull_time
Salary
$82344 - $131720
Austin, TX
about 15 hours ago
company-logo

Market Intelligence Engineer/Analyst

ERCOT/Electric Reliability Council of Texas
Job TypeFull-time
Salary
$82344 - $131720
Austin, TX
1 day ago
company-logo

Market Intelligence Analyst

Westinghouse Electric Company
Job Typefull_time
 
Cranberry Township, PA
20 days ago
company-logo

Market Operations Analyst/Engineer

ERCOT
Job Typefull_time
Salary
$67486 - $107972
Austin, TX
about 15 hours ago
company-logo

Market Operations Analyst/Engineer

ERCOT/Electric Reliability Council of Texas
Job TypeFull-time
Salary
$67486 - $107972
Austin, TX
1 day ago
company-logo

Market Intelligence Manager

Ameren
Job TypeFull-time
Salary
$108400 - $168000
St. Louis, MO
1 day ago
company-logo

Business Intelligence Analyst

Valbruna Group USA
Job Typefull_time
 
Fort Wayne, IN
4 days ago
company-logo

Business Intelligence Analyst

Canadian Natural
Job TypeFull-time
 
Calgary, AB
15 days ago
company-logo

Business Intelligence Analyst

Canadian Natural Resources Limited (CNRL)
Job Typefull_time
 
Calgary, AB
15 days ago
company-logo

Business Intelligence Analyst

STRIKE
Job TypeFull-time
 
Spring, TX
18 days ago
company-logo

Market Data Engineer

LSEG
Job Typefull_time
 
St Louis, MO
20 days ago
company-logo

Business Intelligence Analyst

BKV Corporation
Job Typefull_time
Salary
$75000 - $122000
Denver Metropolitan Area
21 days ago
company-logo

Analyste intelligence marketing

Berger
Job TypeFull-time
 
Saint-modeste, QC
9 days ago
company-logo

Business Intelligence & Data Analyst

Sprague Operating Resources LLC
Job Typefull_time
 
Portsmouth, NH
9 days ago
company-logo

Business Intelligence & Data Analyst

Sprague Energy
Job TypeFull-time
 
Portsmouth, NH
10 days ago
company-logo

Market Operations Engineer

Base Power Company
Job Typefull_time
 
Austin, TX
11 days ago
company-logo

Business Intelligence Analyst, Senior

Pacific Gas and Electric
Job TypeFull-time
Salary
$109000 - $175000
Oakland, CA
28 days ago
company-logo

Business Intelligence Developer

Beusa Energy
Job TypeFull-time
 
The Woodlands, TX
3 days ago

Trending Jobs

company-logo

Assistant General Manager, Navy Yard Electric Utility

PIDC
Job TypeFull-time
Salary
$108000 - $108000
Philadelphia, PA
about 2 months ago
company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

Division Order Analyst

Coronado Resources
Job TypeFull-time
 
Dallas, TX
about 1 month ago
company-logo

Accounts Payable Clerk

LPR Energy
Job TypeFull-time
Salary
$65000 - $65000
Dallas, TX
about 2 months ago
company-logo

Division Order Landman

R. Lacy Services, Ltd.
Job TypeFull-time
 
Longview, TX
21 days ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull-time
 
Lafayette, LA
4 months ago
company-logo

Professional Landman

Penterra Services, LLC
Job TypeContract
 
Lovington, NM
14 days ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull-time
 
Dallas, TX
2 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull-time
 
Houston, TX
about 1 year ago
company-logo

Contracts Administrator

Third Coast
Job TypeFull-time
Salary
$70000 - $85000
Houston, TX
about 2 months ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull-time
 
Austin, TX
2 months ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull-time
 
Norman, OK
3 months ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull-time
Salary
$45 - $60
Canonsburg, PA
5 months ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, TX
6 months ago
company-logo

Title Reviewer

Innovation Land Services
Job TypeFull-time
 
Pittsburgh, PA
4 months ago
company-logo

Oil and Gas Title Attorney

Oliva Gibbs PLLC
Job TypeFull-time
 
Houston, TX
about 2 months ago
company-logo

HSE Operations Manager

ProPetro Services, Inc
Job Typefull_time
 
Midland, TX
28 days ago
company-logo

Senior Division Order Analyst

Formentera
Job TypeFull-time
Salary
$110000 - $130000
Austin, TX
about 1 year ago
company-logo

Mechanical/Piping Engineer

Dudley Staffing
Job TypeFull-time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

Financial Analyst

Third Coast
Job TypeFull-time
 
Houston, TX
5 months ago

Notice: The inclusion of job postings or company information on our platform does not imply endorsement, partnership, or affiliation. Listings may include publicly available roles from various sources, and companies shown may not have a direct relationship with Energy Hire.