Power Engineer

TIE-UPS is hiring for Leading US MNC - engaged in EPC Projects, Hi-Tech Manufacturing and Services. Operates in over 50 countries worldwide. Leaders in technology and Design. Excellent paymaster .

Position - Power Market Engineer/Energy Market Analyst/Power Market Analyst

Must have 2-3 years of experience in production cost modeling, and/or power market

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

Location- Bangalore

CTC- 25-30 LPA .

Job Description-

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.

• 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.

Preferred Qualifications and skills

• 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