Market Research and Development Principal Engineer

Starting Salary Range: $151,5000 - $161,500 - position is also eligible for an annual bonus if individual performance and company objectives are met.

Shape the Future of Energy as a Market Research & Development Principal Engineer (R&D Engineer)!

Are you passionate about tackling complex challenges in energy markets, operations, and infrastructure systems? As MISO's Market Research & Development Principal Engineer (R&D Engineer), you'll collaborate with experts across the organization, applying engineering and operations research techniques to drive data-informed decisions, conduct impact assessments, and develop cutting-edge prototypes. You'll also play a key role in research and development initiatives, partnering with cross-functional teams and presenting insights that shape the future of energy innovation. Join the MISO Market Research and Development team and be at the forefront of transformative solutions for the energy industry!

As MISO's Market Research & Development Principal Engineer, you will:

• Apply power engineering or operations research techniques to analyze complex data, evaluate multiple solutions, and recommend actions.
• Develop and maintain computer modeling tools, execute simulations, and analyze results to support decision-making.
• Gather, preprocess, and examine energy market or infrastructure data from multiple sources to drive accurate analysis and reporting.
• Utilize advanced optimization, power engineering, control theory, and analytical techniques to develop algorithms and innovative solutions.
• Clearly document findings through reports, charts, and presentations to communicate insights effectively.
• Collaborate with MISO business teams, university researchers, and national lab partners to develop innovative solutions using simulations and analysis.
• Recommend strategies and create roadmaps for market and operations implementation.
• Work with market and operations design teams to refine and advance recommended solutions for further development and production, delivering strategic value to MISO processes and benefiting MISO members.

To be successful as our Market Research & Development Principal Engineer you should have:

• At least 8 years of relevant work experience, with Bachelor's degree in: electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, or electronics and computer engineering technology (or a related degree and an additional 2+ years of internal experience).
• Master's or PhD degree (preferred)
• Specific experience within any of the following: market operations, market analysis, or system planning and development in the energy industry (required)
• Previous design and development of software systems for Power Markets experience (preferred)
• Technical proficiency with most of the following capabilities:
  
  
  
  • Principles, practices, and administration of Electricity Markets
  • Optimization algorithms
  • Quantitative analysis
  • Power system modeling and simulations
  • Project management theory and practice
  • Software design and development techniques
  • Energy Markets Tariff and industry regulations
  • Understanding of NERC, FERC Regulatory Compliance Requirements
  • Mathematical models of engineering and economic processes
  • Understanding of CIP and SSAE 16 Regulatory Compliance Requirements
  • Principles and economics of transmission/generation construction and system operations
  
  
  
  

Appropriate level will be determined based upon experience and knowledge.

Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. and through use of groundbreaking research and advanced technology, our highly skilled employees ensure power flows reliably to 45 million Americans. Operating the electricity grid, running a robust energy market, planning for a bright future - it's what our immensely hardworking and dedicated team does every day.

At MISO we offer a hybrid work environment and a comprehensive benefits package, including 401K available on your first day of employment.

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Bachelors of Electrical and Electronic Engineering (preferred)
Bachelors of Electrical Engineering Technology (preferred)
Bachelors of Electrical & Computer Engineering (preferred)
Bachelors of Computer Engineering (preferred)
Bachelors of Electrical Engineering (preferred)

At least 8 years of work experience (preferred)