Manager, Market Research and Engineering

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 NYISO’s Market Structures department invites applications for a full-time Manager, Market Research and Engineering.  

The Manager, Market Research and Engineering, is responsible for defining and leading research and development activities to achieve long-term market vision. Working with Market Design, Market Operations, Grid Operations, Market Mitigation and Analysis, Information Technology, and Project and Product Management, they will direct research that supports NYISO’s strategic initiatives and objectives. The position will lead the development and evolution of NYISO’s market technology solutions and lead preliminary and feasibility simulation studies for future market products, ensuring that they are beneficial in the NYISO market product portfolios. The position is also responsible for ensuring applications software is functional to operate these markets in accordance with market rules and reliability criteria.  Manage related projects which will build off the Energy Market System (EMS) and Business Market System (BMS) to handle the emerging technologies of resources used to meet New York State renewable power goals. The position also has responsibility for managing the external R&D engagements for NYISO.

ESSENTIAL DUTIES and RESPONSIBILITIES

• Collaborate with market design, project implementation, IT and Operations teams and act as a liaison between the different teams through the market design phase of a project.
• Define and lead studies of future market products and technologies by prototyping and simulations, using historical data or other sound technical approaches, to validate the completeness and accuracy of requirements, robustness of the available technology, evaluate the potential market outcomes and consumer impacts, consider potential market behavioral risks and to confirm that all applicable compliance objectives are met by the requirements. Present and defend new designs and solutions to stakeholders, regulators and senior
• Collaborate with other ISOs / RTOs in technology and business solutions evaluation and development. Monitor technical and business development plans of regional ISOs/RTOs, FERC, academia and industry organizations. In coordination with NYISO senior management, develop technical and business evolution initiatives to
• Participate as the NYISO representative on external Industry Advisory Boards (e.g. PSERC, EPRI, CEATI, CIGRE) to provide leadership in scoping and prioritizing trends in the industry that can be applied to enhance the NYISO markets. Participate in major national and international conferences and seminars.
• Provide advanced operations and market solutions for
  • Provide technical leadership to prepare market enhancements in response to the findings of the State of the Market Report
  • Provide technical leadership to prepare market enhancements in response to the Stakeholders and Regulators
  • Provide solution and technical leadership in consultation with vendors
  • Develop mathematical models for all market projects in the organization including energy, capacity and TCC markets.
• Coordinate market product and operation grid product plans and strategies with the comprehensive long-range plan for the NYISO run markets under the direction of the Senior Manager, Market Solutions Engineering and NYISO Senior
• Work collaboratively across the NYISO organization (Operations, Information Technology, System & Resource Planning, and Market Mitigation & Analysis departments) in the design and gathering requirements for implementation of market product
• Provide input to Strategic Planning, Market Design, and Product and Project Management groups in
  • Development of technology solution for market enhancements for creation of a broader regional market with Other ISOs / RTOs
  • Gaining knowledge and awareness of the market structures of other competitive markets in the US and overseas
  • Collaboration with academia and industry R&D organizations on state-of-the-art topics affecting power systems and electricity markets
• Supervise, train, and develop Market Research and Engineering staff to be able to develop and test software changes to the Unit Commitment and economic dispatch algorithm used in the ISO Energy Markets. 
• Administer and provide guidance on software modifications to the Security Constrained Unit Commitment (SCUC) and Real-Time Scheduling (RTS) programs.
• Provide support and direction to projects that include proof of concept testing for changes of the core algorithm in the unit commitment and