Discover your dream Career
For Recruiters

Power Market Engineer (Bengaluru)

Burns & McDonnell Bangalore, India
Posted 1 month ago Permanent Competitive

Power Market Engineer (Bengaluru)

Burns & McDonnell Bangalore, India
Power Market Engineer (Bengaluru)
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 :
  • 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.
  • 2-3 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 preferred.
  • 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.
  • 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

This job posting will remain open a minimum of 72 hours and on an ongoing basis until filled.

Job Engineering

Primary Location India-Karnataka-Bengaluru

Schedule: Full-time

Travel: No

Req ID: 261346

Job Hire Type Experienced Not Applicable #BMI N/A
Job ID  F174A554DAF542D1B2E59498142CA984
More Jobs From Burns & McDonnell
Burns & McDonnell
Sr. Power Market Engineer
Burns & McDonnell
Bangalore, India
4 months ago Full time Competitive
Burns & McDonnell
Power System Planning Engineer (Bengaluru)
Burns & McDonnell
Bangalore, India
5 months ago Full time Competitive
Burns & McDonnell
Senior Power System Planning Engineer (Bengaluru)
Burns & McDonnell
Bangalore, India
5 months ago Full time Competitive
Burns & McDonnell
Revit Designer - Power (Bengaluru)
Burns & McDonnell
Bangalore, India
25 days ago Full time Competitive
Burns & McDonnell
Electrical Engineer - Power (Bengaluru)
Burns & McDonnell
Bangalore, India
4 months ago Full time Competitive
Burns & McDonnell
Transmission Planning Engineer (Bengaluru)
Burns & McDonnell
Bangalore, India
1 month ago Full time Competitive
Burns & McDonnell
Distribution Planning Engineer (Bengaluru)
Burns & McDonnell
Bangalore, India
2 months ago Full time Competitive
Burns & McDonnell
Associate Senior Structural Engineer (Bengaluru) - Mission Critical GFS
Burns & McDonnell
Bangalore, India
10 days ago Full time Competitive
Burns & McDonnell
Senior Structural Engineer (Bengaluru) - Mission Critical - GFS
Burns & McDonnell
Bangalore, India
25 days ago Full time Competitive
Burns & McDonnell
Senior Structural Engineer (Bengaluru) - Life Science & Tech - GFS
Burns & McDonnell
Bangalore, India
1 month ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
Hermeneutic Investments
Senior C++ Engineer
Hermeneutic Investments
Singapore
Commonwealth Bank of Australia
Senior Software Engineer
Commonwealth Bank of Australia
Bangalore, India
Jane Street
Market Data Specialist, Metadata
Jane Street
London, United Kingdom