Power Market Engineer

Overview

Conduct power market analysis, modeling, and forecasting to guide utility investment decisions.

Key Responsibilities

• presentation
• forecast modeling
• risk assessment
• cost analysis
• market research
• data extraction

Tasks

-Developing presentation materials that communicate clearly the analyses performed and conveying insights that help developers better serve their utility customers. -Perform forecasts and evaluations utilizing power supply planning software such as capacity optimization and hourly dispatch software models. -Conduct technical and business-related risk assessments that evaluate impacts associated with rules implemented by regulatory agencies. -Analyze life-cycle costs by developing and incorporating technical assumptions regarding capital costs, operation and maintenance costs, performance estimates, and economic assumptions and forecasts. -Researching about the US power markets (PJM, MISO, NEISO, SPP, CAISO, WECC, SERC, ERCOT, NYISO) and assisting for the production cost & capacity expansion models development which can be utilized for the power price forecasting and congestion & curtailment risk evaluation. -Perform a broad range of studies and other consulting services to support electric utilities and asset developers to make decisions backed by business and engineering analysis regarding their investments and power supply requirements, such as integrated resource planning, market assessments, valuations, and power supply RFP evaluations. -Support multiple ad hoc projects inclusive of those above, completing them in a timely manner. -Extracting key operational characteristics and market assumptions from internal sources and third-party databases like S&P Global and Velocity Suite.

Requirements

• plexos
• power bi
• python
• master's
• electrical engineering
• us power

What You Bring

-2-3 years of experience in production cost modeling, and/or power market economics analysis using industry-standard models such as PROMOD or PLEXOS. -Strong understanding of US power market economics. -Sophisticated data management and statistical analysis skills using Excel VBA, Power BI, R and Python -Experience in evaluating complex technical and financial issues independently, developing recommendations, action plans, and managing multiple complex assignments simultaneously. -Experience with production cost models (PLEXOS, PROMOD, etc.) is preferred. -A willingness to learn new service offerings as client needs and the market requires changes to the service offerings provided by our group. -Master's degree in Power / Energy systems is preferred or bachelor’s in electrical engineering is must. -Strong attention to detail, facilitation, team building, collaboration, organization and problem-solving skills. -Ability to work methodically and analytically in a quantitative problem-solving environment. -Prior experience associated with electric utility operations, planning, or consulting is preferred. -Knowledge of the US power market is preferred. -Strong data management, analysis, and presentation skills (Excel, PowerPoint) -Strong understanding of the economics underlying electric power generation and background in power sector modeling, resource cost-benefit analysis, or related complex system modeling. -Excellent written and oral communications skills.

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About Burns & Mcdonnell India

-Founded with a vision to tackle complex engineering challenges, the company is a key player in providing full-service engineering, architecture, and construction solutions. -Recognized across various industries for its expertise in infrastructure, energy, and industrial projects. -Involved in high-impact, high-visibility projects, from designing intricate power plants to constructing large-scale transportation networks. -Significantly contributes to renewable energy sectors, driving both wind and solar energy projects. -Excels at bringing innovative, sustainable designs to life, often serving as the main contractor for projects of national significance. -Operates across critical industries like utilities, energy, and government sectors, showcasing versatility and expertise in handling large-scale, complex undertakings. -Continues to shape the future of engineering in India and beyond through creativity, technical expertise, and industry needs understanding.

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