NextEra Energy

Sr Market Optimization Engineer

LocationSaint Paul, MN
Job TypeFull-time
Salary$124,800-$187,200

About This Job


Requisition ID: 87649

At NextEra Energy Analytics, we offer renewable energy consulting services using industry-leading scientific analysis to plan, site and optimize renewable energy projects. We specialize in transforming data into actionable insights that drive clean energy solutions and enhance operational excellence. Join us today to leverage your technical skills to make a meaningful impact on the energy landscape.


Position Specific Description

NextEra Analytics is the optimization and analytics team for the world’s largest renewable energy generator. We are currently seeking a Market Optimization Engineer for our Energy Management team. This team designs, develops and benchmarks effective electricity market trading and plant dispatch strategies for utility-scale and commercial and industrial (C&I) customers. We are an algorithmic product team that implements automated software solutions for monetizing utility scale and Distributed Energy Resource Management System (DERMS) resources. Our solutions are deployed at energy storage, wind, solar, fossil and DERMS resources operating in markets as stand-alone, hybrids, aggregations, and other market participation models. Our team thrives on solutions based on the mastery of market rules and regulations, the forecast of price and other market conditions, and the optimization of bidding and dispatch behavior. This team has proven success and is core to the NextEra 360TM Energy Management Software. There is massive opportunity for career growth and company-wide visibility of contributions in this role.

In this role, you will be interacting with asset managers, schedulers, facility operators, and risk managers to develop financial and operational algorithms/models that support trading/origination/asset optimization decisions. You will leverage your expertise in operations research and electricity market fundamentals to optimize trade support products, perform performance benchmarking and stress testing of designed products, and ensure compliance of products to market rules and power purchase agreement (PPA) requirements. You will lead product development, present technical work to varying audience, and support interactions with customers. Solid quantitative and object-oriented programming expertise is strongly sought to conduct the R&D of new product design and implementation. Strong soft skills and passion to innovate in our changing electricity market landscape is a plus.


Preferred qualifications:

A track record of converting novel ideas into software solutions or peer-reviewed publications
Prior experience in operations research techniques, machine learning/deep learning or forecasting applied to an energy domain problem
Strong background in electricity market fundamentals (e.g., unit commitment, economic dispatch, power flow), and market products and market participation models in one or more ISOs
Experience with production cost models (e.g., Dayzer, Plexos, Promod, etc.) and power flow modeling (e.g., PowerWorld, PSSE, etc.)
Experience in facility scheduling for at least one of the following markets: CAISO, ERCOT, SPP, MISO and/or PJM
Fluency in Git, Julia, and Python


Job Overview

This position is responsible for designing, developing, and benchmarking effective electricity market trading and plant dispatch strategies for utility-scale and Commercial-and-Industrial customers. Employees in this role leverage knowledge and experience in mathematical programming, predictive analytics, power systems engineering, and electricity spot market design along with the capability to software engineer the solution to leverage software platform technologies including cloud computing, distributed computing, numerical solver methods, and data storage infrastructures.


Job Duties & Responsibilities

Develops algorithmic product solutions for physical or virtual assets (or portfolio of assets)

Implements production grade mathematical code with performance benchmarking and unit testing to verify and validate outcomes
Determines key performance indicators for algorithmic products and contributes to monitoring and iterative product improvement
Prepares code documentation, technical reports, quantitative analyses, and presentation material for internal and external use
Supports collaborations in cross-functional workstreams
Performs other job-related duties as assigned


Required Qualifications

Bachelor's or Equivalent Experience

Experience: 4+ years


Preferred Qualifications

Master's Degree

Doctoral Degree

The estimated base pay for this position is $124,800.00 to $187,200.00 per year. Starting pay will be based on several factors including, but not limited to, experience, qualifications, job-related and industry knowledge and skills and education/training.

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt Employee Type: Full Time Job Category: Science, Research, and Technology Organization: NextEra Analytics, Inc Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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