Congestion Modeling Analyst (30284)
2 Months ago
San Antonio, Texas, United States
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Job Description
Ørsted is seeking a Congestion Modeling Analyst in Austin, TX, to utilize production cost modeling tools for electricity price forecasts across U.S. RTO regions. Responsibilities include maintaining databases, supporting decision-making, and analyzing market impacts on prices and revenues. Candidates should have a Master’s degree in a relevant field and experience with power systems modeling software. Telecommuting is allowed, but candidates must reside near the Austin office.
Employer: Ørsted North America Inc.
Job Title: Congestion Modeling Analyst
Location: 812 San Antonio Street, Suite 500, Austin, TX 78701
Duties:
• Utilize production cost modeling tools to produce electricity price forecasts for one or more Regional Transmission Organization (RTO) regions in the U.S.
• Develop and maintain databases that contain input data for production cost models and congestion analysis tools.
• Utilize forecasts and analysis results to support decision-making across the company.
• Create high-level price forecasts to guide early-stage development activities.
• Provide price, revenue, and curtailment forecasts for specific projects that may be developed or acquired.
• Provide price forecasts to support trading activities, including virtual transactions and annual/monthly auctions for financial transmission rights.
• Run regular price forecasting models to update portfolio valuation based on existing assets and their contractual structures.
• Utilize power systems modeling software and tools developed in-house to evaluate historical congestion drivers.
• Analyze the impact of potential market or regulatory changes in organized wholesale markets on electricity prices and project revenues.
• Provide expertise on issues related to RTO markets and their impact on existing and future projects.
• May telecommute but must reside near Austin, TX, office.
Requirements:
• Master’s degree (or foreign equivalent) in electrical engineering, operations research, or related quantitative field; plus 2 years of experience in job offered or similar occupation.
• Knowledge of steady-state modeling of power systems; optimal power flow; and transmission planning, resource planning, and generation interconnection practices in U.S. RTOs/independent system operators (ISOs).
• Experience in power system analysis software packages (TARA, PSS/E, or PowerWorld Simulator); programming language (Python or R); and SQL database queries.
Apply: https://us.orsted.com/careers.
Vacancy details:
Application deadline:
Career track:
Career band:
Orsted North America Inc
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