Sr Market Development Analyst (Remote within Commuting Distance)

Company Description

The California Independent System Operator (ISO) manages the flow of electricity across the high-voltage, long-distance power lines that make up 80 percent of California's power grid. We safeguard the economy and well-being of 30 million Californians by operating the grid reliably 24/7.

As the impartial grid operator, the California ISO opens access to the wholesale power market that is designed to diversify resources and lower prices. It also grants equal access to 25,865 circuit-miles of power lines and reduces barriers to diverse resources competing to bring power to customers.

The California ISO's function is often compared to that of air traffic controllers. It would be grossly unfair for air traffic controllers to represent one airline and profit from allowing that company's planes to go through before others. In the same way, the California ISO operates independently—managing the electron traffic on a power grid we do not own—making sure electricity is safely delivered to utilities and consumers on time and reliably.

The California ISO is committed to the health, safety, and work/life integration of it employees and is proud to offer flexible work arrangements. This position would be eligible to participate in a on-site, hybrid, or local remote schedule. 

Relocation Assistance is available.

Job Description

Under the general direction of the Manager, responsible for developing market metrics in support of market improvements and reporting market performance. Designs, develops and implements long term performance metrics and solutions to resolve market issues. 

What You Will Be Doing: 

• Develops and implements long term market metrics. Identifies systemic market issues. Develops and implements market solutions such as new market products and/or new market constraints. Participates in or leads cross function teams as assigned.
• Monitors, analyzes, reports on market results, its efficiency and effectiveness. Monitors and detects emerging market trends, for example price and cost spikes, and to identify root causes of market design gaps leading to inefficiency by examining the components or determinants of various costs.
• Provides technical, analytical and reporting services to internal business units and external entities. Using SAS, SAS EG and internal ISO business tools and systems, analyze, process and report on various market data trends, including nodal LMP (locational marginal prices), system energy prices, bid cost recovery cost, exceptional dispatches, market disruptions, flexi-ramping constraint cost, real-time imbalance costs, wind/solar generation deviations, etc.
• Complies with federal and local regulatory agency requirements.
• Provides leadership, mentoring, and guidance to other team members …