Sr. Market Economist

Under the general direction of the Director, provides technical and strategic expertise on development of market structure and design, makes internal process recommendations for addressing market design flaws, and shapes market design that meets the challenges of the grid today and for the future. Performs complex analyses of industry trends and serves as an economic advisor to department and ISO leadership. Prepares and makes presentations to department and ISO leadership. May advise and present to the CAISO Board of Governors, Market Surveillance Committee, EIM Governing Body, Body of State Regulators, Regional Issues Forum, CAISO Enterprise Board, and other ISO governance forums as requested and/or required.

What you will be doing:

• Provides technical and strategic expertise on continual development of market structure and design thereby shaping wholesale electricity market design that meets challenges associated with the grid today and for the future. Contributes to regulatory filings.
• Performs complex analyses of industry trends and contributes to a state of the regional energy markets report. Serves as an economic advisor to department and ISO leadership. May advise the Board of Governors, EIM Governing Body, and other ISO governing bodies as required on economic and market issues affecting the performance, market design, and viability of the ISO markets and potential impacts on regional reliability.
• Evaluates the design and operations of other restructured electricity markets and the applicability to the CAISO markets. Recommends internal process changes and enhancements for addressing potential market design flaws.
• Prepares and makes presentations to department and ISO Leadership. May present to the EIM Governing Body, CAISO Enterprise Board and stakeholders as required. Builds, maintains and leverages relationships with peers of customers.

Requirements

Level of Education and Discipline:

• A bachelor’s degree (BA, BS) or equivalent education, training or experience in Economics or related technical field. Ph.D. preferred.

Amount of Experience:

• Equivalent years of education and training, plus five (5) or more years related experience.

Certifications:

• None

Type of Experience:

• Energy industry experience, particularly with restructured electricity markets strongly preferred.

Additional Skills and Abilities:

• Must be able to work effectively in a team environment as facilitator and team member.
• Excellent analytical, verbal and written communication and documentation skills required, with a demonstrated attention to detail. Ability to use deductive reasoning and analytical thinking with sound judgment and decision-making skills.
• Excellent interpersonal and conflict resolution skills are also essential.
• Must be self-starting and willing and able to work independently in a dynamic corporate organization under pressure of tight deadlines and aggressive expectations.
• Self-motivated, problem-solving skills and the ability to influence others without direct authority.