ISO New England Inc. logo

Market & Optimization Scientist

ISO New England Inc.
  • Holyoke, MA
  • $130,000–$165,000 Per Year
  • Autofill and Review
10 days ago

Job Description

The Market Solutions & Optimization Technology group performs design, modeling and analysis work for ISO markets; applies advanced optimization technology to ISO problems; and conducts interdisciplinary research in power system economics, optimization and engineering. The group provides a unique opportunity to work on fundamental and innovative solutions to challenging industry problems. We work closely with engineers and economists across multiple ISO departments and collaborate with various external research entities. As a member of this group, you will play a vital role in improving the ISO's markets, operations and planning, and your work will help shape the horizon of power industry.

As a scientist in this group, you will apply knowledge and skills from a wide range of fields including mathematical optimization, economic theory and power system engineering to tackle major challenges in ISO's markets, operations and planning. You will also analyze the problems, design innovative solutions, develop prototypes and oversee the implementation.

What we offer you:

A stable, mission-driven workplace where your impact truly mattersA highly engaged work environment that values inclusion, collaboration, and employee safety and wellbeingCompetitive compensation with a base salary + performance bonusRobust benefits package, including:

Enhanced 401(k) and financial planning supportTuition reimbursement and professional developmentWellness programs, including an onsite gymFlexible work hoursEmployee Business Networks

Free coffee at our onsite café

Hybrid work environment (3 days/week onsite)Distance-based relocation assistance available

How you will make an Impact

Analyze and assess market designs or operations/planning processesDevelop and prototype models/solutions for market design and optimization problemsResearch electricity market designs to facilitate the region's transition to clean energyResearch new optimization technologies to improve scheduling and pricing of electricity marketsPerform market/operations/planning simulations and analyze the resultsAssist other ISO departments in identifying, analyzing and solving problemsSupport stakeholder processes and FERC filings

What we are looking for

A Master's or Ph.D. degree in Electrical/Industrial/System Engineering, Operations Research or related areasStrong knowledge/experience in power system modeling, analysis and optimizationGood understanding of electricity markets, power system operations and planningExperience with optimization solver such as CPLEX/GUROBI and programming languages such as Java/PythonExcellent written/verbal communication skills and analytical skills5+ years of experience is required for the Senior/Lead level

The expected salary range for this position is $130,000 - $165,000 per year. This role is also eligible for an annual performance bonus, comprehensive health insurance (medical, dental and vision), flexible spending and health savings accounts, a 401(k) plan with generous employer contributions and a student debt benefit, life and AD&D insurance, disability insurance, critical illness and hospital indemnity benefits, paid time off, paid leave, a wellness program, an employee assistance program and other great company perks.

Numbers & Facts

LocationHolyoke, MA
IndustryEnergy and Utilities
Salary$130,000–$165,000 Per Year
Company Size1,000 to 1,499 employees
Year Founded1996
Websitehttps://www.iso-ne.com/

About Company

ISO New England helps protect the health of New England's economy and the well-being of its people by ensuring the constant availability of electricity, today and for future generations. ISO New England meets this obligation in three ways: by ensuring the day-to-day reliable operation of New England's bulk power generation and transmission system, by overseeing and ensuring the fair administration of the region's wholesale electricity markets, and by managing comprehensive, regional planning processes.

Skills

  • Analysis Skillsunmatched
  • Communication Skillsunmatched
  • Electrical Designunmatched
  • Electrical Power Systemsunmatched
  • Electricityunmatched
  • Financial Planningunmatched
  • ISO (International Organization for Standardization)unmatched
  • Industrial Engineeringunmatched
  • Javaunmatched
  • Market Analysisunmatched
  • Mathematicsunmatched
  • Operations Planningunmatched
  • Operations Researchunmatched
  • Power Engineeringunmatched
  • Presentation/Verbal Skillsunmatched
  • Pricingunmatched
  • Problem Solving Skillsunmatched
  • Programming Languagesunmatched
  • Prototypingunmatched
  • Reimbursementunmatched
  • System Operationsunmatched
  • Systems Analysisunmatched
  • Systems Engineeringunmatched
  • Writing Skillsunmatched

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