Southwest Power Pool (SPP) is about more than power. We're about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas' Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!
We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.
We believe in supporting our employees through a fantastic benefits package:
- Competitive pay with bonus opportunities
- Excellent insurance package including three great medical plans to choose from, employer-paid short term disability, long term disability, and life insurance
- Relocation assistance
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Flexible working environment for positions that are eligible where employees have the flexibility to work from home and come into the office when collaborative in person work is needed.
- Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a defined benefit plan fully funded by SPP.
Overview
As an Energy Economist within the Market Design Team, you will be at the forefront of shaping the economic framework that governs the electricity market operations. Your expertise will be instrumental in analyzing market dynamics, designing efficient market structures, and developing policies to enhance the reliability and affordability of electricity within the SPP footprint.
The Energy Economist will collaborate with stakeholders to develop, evaluate, and refine market design principles and rules governing the electricity market within the SPP region. They will conduct economic analysis to assess the effectiveness of current market mechanisms and identify opportunities for enhancements to improve market efficiency, reliability, and transparency. Evaluate proposed market design changes, regulatory policies, and market-based solutions to address emerging challenges in the electricity market.
The Energy Economist will also lend their expertise across Market Design and Markets as a whole. They will utilize quantitative techniques and econometric analysis to analyze market data, identify trends, and provide insights into the behavior of market participants and the overall market performance. They will conduct scenario analysis and sensitivity testing to evaluate the robustness of proposed market designs and policy interventions under various market conditions.
Overview
- Understand the organized wholesale market designs and the Company's market rules and apply the knowledge to key business functions.
- Coordinate and communicate with SPP market participants and member companies regarding market design.
- Facilitate market design changes through the SPP stakeholder process.
- Provide technical expertise to SPP committees and working groups.
- Support Working Groups as necessary.
- Support FERC filings through providing data, and assist in drafting testimony and filing letters.
- Analyze and review market data for indications of market weaknesses through the development of adhoc analysis.
- Research and analyze the design of other RTO/ISO markets.
- Document analysis and studies in written reports.
- Review and develop education materials related to the market design.
Qualifications
Education Requirements:
- Sr. Energy Economist - Master's degree in economics
- Energy Economist II - Bachelor's degree in economics
Experience Requirements
- Sr. Energy Economist - Five (5) Years of Experience in market monitoring, power marketing, utility regulation or operations, RTO/ISO operations, economic analysis, data analysis, or a directly related field; or an advanced degree in a related field may be considered toward relevant years of experience.
- Energy Economist II - Two (2) Years of Experience in market monitoring, power marketing, utility regulation or operations, RTO/ISO operations, economic analysis, data analysis, or a directly related field; or an advanced degree in a related field may be considered toward relevant years of experience.
Required:
- Expertise in energy market theory with particular emphasis in electricity markets
- Proficient understanding of microeconomics, including the theory of competitive markets
- Knowledge of electricity market concepts and ability to apply understanding in unique analysis
- Proficient at organizing and conducting technical and analytical studies
- Ability to support diverse team members and manage parts of complex analysis projects
- Strong interpersonal, team-building, and organizational skills
- Good written and verbal communication skills
- Understanding of and compliance with SPP Policies and Procedures
- Flexibility and aptitude to function with constantly changing conditions and priorities
Southwest Power Pool Inc.
415 N McKinley
Little Rock
Arkansas United States
www.spp.org
