What are the responsibilities and job description for the Congestion Modeling Analyst position at Ørsted?
Employer: Ørsted North America Inc.
Job Title: Congestion Modeling Analyst
Location: 812 San Antonio Street, Suite 500, Austin, TX 78701
Duties:
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.
- 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.
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