Electricity Markets, Modeling, and Grid Integration Summer Student Engineer
Student Intern to support design, development, and analysis of evolving electricity market operation across the U.S. wholesale electricity market regions. This includes integrating emerging power system technologies, e.g., stand-alone electric storage resources, hybrid resources (storage plus renewables), and distributed energy resources, into bulk electricity markets and analyzing market re-formulations and corresponding market implications.
Candidate will develop and implement participation models, perform electricity market simulations using advanced production cost tools, and/or perform statistical analysis on large data sets of electricity market operation. Candidate will report back findings to the project lead and potentially external stakeholders.
Job Functions:
- Modeling and analysis of new market design proposals using advanced simulation tools
- Report important findings to project lead and potentially external stakeholders
- Collect large data sets and operational information from public data sources and analyze to track trends
- Write up of findings through a complete study report
The Ideal Candidate:
- Electrical engineering, operations research, economics, or similar master’s or PhD student with an understanding of electric power systems operations and economics, and/or and strong analytical skills
- Understanding of wholesale electricity markets, including unit commitment, economic dispatch, and locational marginal pricing concepts
- Experience in market simulation models and tools, such as production cost modeling, e.g., PSO, FESTIV
- Strong analytical skills and ability to analyze large data sets
Education Level & Years of Experience:
- Required – Has begun master’s studies
- Desired – In PhD studies