Power Market Engineer (PLEXOS/PROMOD)

Digital Business People

Website: dbppl.com
Job details:

Job Description 

The Resource Planning and Market Assessment (RP&MA) team is responsible for economic 

analysis of various electric utilities across the US, with a focus on integrating renewables and 

storage to plan for the clean energy grid of the future. We advise our development team, 

company leadership, and external clients on optimal resource planning decisions. We contribute 

to investment decisions in solar, wind, battery storage and hydrogen. We are a data-driven team 

that believes in continuous improvement and collaboration. This means that we are always 

looking to develop better tools, processes, and modeling approaches through learning and 

knowledge sharing. We are looking for someone who enjoys challenges, works well in a 

collaborative team environment, and revels in seeking answers through data analytics.  

The Engineer of RP&MA Planning is part of a highly skilled professional team and reports to the 

Manager of the department. 

Responsibilities include but are not limited to: 

• 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. 

• 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 forecasts and evaluations utilizing power supply planning software such as 

capacity optimization and hourly dispatch software models. 

• Extracting key operational characteristics and market assumptions from internal sources 

and third-party databases like S&P Global and Velocity Suite. 

• Analyze life-cycle costs by developing and incorporating technical assumptions regarding 

capital costs, operation and maintenance costs, performance estimates, and economic 

assumptions and forecasts. 

• Conduct technical and business-related risk assessments that evaluate impacts associated 

with rules implemented by regulatory agencies. 

• Developing presentation materials that communicate clearly the analyses performed and 

conveying insights that help developers better serve their utility customers. 

• Support multiple ad hoc projects inclusive of those above, completing them in a timely 

manner. 

Qualifications  

• Master's degree in Power / Energy systems is preferred or bachelor’s in electrical 

engineering is must. 

• Prior experience associated with electric utility operations, planning, or consulting is 

preferred. 

• 4-5 years of experience in production cost modeling, and/or power market economics 

analysis using industry-standard models such as PROMOD or PLEXOS. 

• Knowledge of the US power market is required. 

• Strong understanding of the economics underlying electric power generation and 

background in power sector modeling, resource cost-benefit analysis, or related complex 

system modeling. 

• Experience in evaluating complex technical and financial issues independently, 

developing recommendations, action plans, and managing multiple complex assignments 

simultaneously. 

• 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. 

• Strong data management, analysis, and presentation skills (Excel, PowerPoint) 

• Excellent written and oral communications skills. 

• A willingness to learn new service offerings as client needs and the market requires 

changes to the service offerings provided by our group. 

Preferred Qualifications 

• Masters in Power/ Energy Systems (Electrical) is preferred. 

• Experience with production cost models (PLEXOS, PROMOD, etc.) is preferred. 

• Strong understanding of US power market economics. 

• Sophisticated data management and statistical analysis skills using Excel VBA, Power BI, R 

and Python

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