Energy Market Optimization Engineer

About the role

ISO New England is the independent system operator responsible for ensuring the safe and reliable flow of electricity in our region and planning for the future of the electric grid. We are at the forefront of New England’s ongoing transition to clean energy. This position is within our Advanced Technology Solutions (ATS) department, which oversees ISO New England's research and development (R&D) activities, including advanced power systems analysis and control, emerging technologies, market simulation, design and analysis, smart grid, and technology strategy.

Responsibilities

• Conduct research in the area of electricity markets, power system reliability, and optimization techniques.
• Participate in developing mathematical models for new or existing electricity markets or other areas related to power systems.
• Participate in designing, developing, and testing software for power system simulation, grid reliability assessment, and electricity market clearing.
• Maintain and provide technical support for in-house developed software.
• Collaborate with other ISO-NE departments and external organizations in the areas of electricity markets, optimization, and software development.

Requirements

• PhD or Master’s degree in Electrical Engineering, Operations Research, Applied Math, or Computer Science.
• Experience in developing software for wholesale electricity markets, including relational databases and optimization techniques.
• Knowledge of electricity market operations.
• Understanding of power system operations and analysis.
• Experience with programming and modeling languages such as Java, Python, GAMS, or AIMMS is highly desirable.
• Working experience with commercial optimization solvers such as CPLEX and GUROBI.
• Interest in acquiring knowledge and expertise in new technologies related to electricity markets, optimization, and computing.

Benefits

• Hybrid work environment (3 days/week onsite).
• Relocation assistance.
• Competitive compensation with a base salary plus performance bonus.
• Enhanced 401(k) and financial planning support.
• Tuition reimbursement and professional development.
• Wellness programs, including an onsite gym.
• Free coffee at our onsite café.
• Flexible work hours.
• Employee Business Networks.
• Comprehensive health insurance (medical, dental, and vision).
• Flexible spending and health savings accounts.
• Student debt benefit.
• Life and AD&D insurance, disability insurance, critical illness, and hospital indemnity benefits.
• Paid time off and paid leave.
• Wellness program and employee assistance program.

Pay

The expected salary range for this position is $136,000 - $198,000 per year, plus eligibility for an annual performance bonus.

This is a U.S.-based role. If the successful candidate resides outside of the U.S., relocation will be required.