Principal Market Congestion Hedging Engineer

MISO offers a comprehensive benefits package available on your first day of employment.

Position Location:  Carmel, IN or Eagan, MN

Are you an engineer interested in playing an active role in administering and evolving an energy market which involves several billion dollars in transactions each year?

Do you have interest in solving complex problems, market economics, congestion hedging, power flow studies, forecasting, automating manual processes, and analyzing market behavior to ensure a healthy and efficient FTR market?

Does the thought of being part of a company that impacts over 45 million people by helping ensure they have electricity excite you?

If so, read on…

As our Principal Market Congestion Hedging Engineer, you will help MISO carry out an efficient and fair Financial Transmission Rights Market to deliver on our vision of being the most reliable, value creating Regional Transmission Operator (RTO).

Additionally, as our Principal Market Congestion Hedging Engineer, you will be part of the team which collaborates with many other areas within MISO including modeling, planning, outage coordination, credit, settlements, and operations teams.  You will help the team administer one of the energy markets which provides an opportunity to hedge against the volatility of transmission congestion charges that load serving entities face in the Day-Ahead Energy and Operating Reserves Market.

You will also have the opportunity to work on a variety of projects ranging from process automation to implementing ground-breaking changes to help ensure the MISO Financial Transmission Rights Market continues to provide value as increased renewable energy is integrated into the grid.

In one year as our Principal Market Congestion Hedging Engineer, you will know you were successful if:

• you carry out existing processes such as validating and analyzing models to independently carry out a Financial Transmission Rights monthly auction

• you collaborate with others to implement process improvements and transformative changes

We are looking for hardworking engineers who have at least a Bachelor’s degree in any of the following:

•  Electrical Engineering

•  Computer Engineering

•  Electrical Engineering Technology

•  Electrical and Computer Engineering

•  Electrical and Electronic Engineering

•  Electronics and Computer Engineering Technology

We are looking for our ideal engineer who has at least four years of related work experience

We would also prefer engineers with the following:

• Power flow analysis and congestion forecasting experience

• Energy or Financial Transmission Rights market design, operations, or trading experience

• Related power system operations experience

• Programming, automation, and data analytics experience

Appropriate level will be determined based upon experience and knowledge.

See what MISO is all about!

MISO manages the electricity superhighway in the Central U.S. through use of groundbreaking research and advanced technology, our highly skilled employees ensure power flows reliably to 45 million people. Operating the electricity grid, running a robust energy market, planning for a bright future – it’s what our immensely talented and dedicated team does every day.

For more info about MISO, check out our video: 

MISO, What We Do

Apply today for this great opportunity to help us keep the lights on!

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