Engineer, Transmission & Market Fundamentals

Overview Job Description: Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations. Position Summary As an Engineer, within the Transmission & Market Fundamentals team, you will collaborate with team leadership and senior colleagues to execute critical functions that underpin the successful development, construction, and operation of utility-scale solar, wind, and battery energy storage (BESS) projects. This position will be located at Deriva Energy Headquarters based in Charlotte, NC Key Responsibilities Development activities: Revise mid- to long-term production cost models to reflect changes in generation and transmission topologiesConduct medium- and long-term production cost analyses to establish an internal perspective on congestion trends for both greenfield and acquisition projectsEvaluate the commercial implications for projects arising from planned generation additions or retirements, transmission infrastructure development, and changes in energy market fundamentalsProvide support for project interconnection activities with ISOs, TPs, and TOs during the project's study phase by reviewing and analyzing studies submitted by ISOs, TPs, and third-party consultantsEngage in collaborative discussions with external consultants to facilitate the preparation of independent reports on transmission, congestion, and curtailment in support of project financing initiativesFacilitate project offtake activities by conducting internal production cost analyses and/or reviewing assessments provided by third-party consultants Operational Support Revise short- to medium-term production cost models to reflect changes in market dynamics and grid conditionsConduct production cost analyses across various market footprints to internally assess near- and mid-term congestion trendsAssist the trading team by conducting scenario-based analyses to mitigate market risks associated with operational projects through participation in Day-ahead and FTR/CRR/TCR markets Regulatory Overview Stay informed about evolving market regulations that may affect the commercial viability of projectsEngage in relevant stakeholder forums across various ISOs and RTOs Market Fundamentals Evaluate the implications of market design modifications on both operational and development projectsEstablish an internal projection of long-term Energy, Capacity, and REC prices, based on anticipated shifts in supply and demand dynamics within the relevant market footprint Basic Qualifications For Engineer III Bachelor's degree in electrical engineering or other closely related disciplineThree (3) years or more of experience in related fields in addition to degree Basic Qualification for Senior Engineer Bachelor's degree in electrical engineering or other closely related disciplineFive (5) years or more of increasingly diverse or complex experience in related field in addition to degree Desired Qualifications Bachelor's degree in electrical engineering with an emphasis in power systems Master’s degree in electrical engineering or similar disciplineTwo (2) years or more of experience performing steady state/production cost/market operations analysis at an ISO, transmission owner or technical consultantA PhD degree may substitute for three (3) years of work experienceExperience using power flow or production cost modeling tools like Power World, TARA, PSS/E, UPLAN, PORMOD, PROBEExperience understanding and/or performing ISO system impact studies and transmission owner facilities studiesExcellent problem-solving skills, attention to detail, and the ability to translate complex technical concepts to a variety of stakeholdersAbility to work independently while providing subject matter expertise in a collaborative team environmentSelf-motivated with a high level of initiative and accountabilityExcellent written and oral communication and organizational skills Working Conditions This position is located at our headquarters in Charlotte, NCAvailable for travel up to 25%The hiring manager may elect to fill this position at the higher-level dependent upon skills and experience Benefits Health InsuranceDental InsuranceVision Insurance401(k) with matchingEmployee assistance programFlexible spending accountLife insurancePaid time offParental leaveAttractive Bonus Potential Additional Information Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty. Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.