ICAP Market Operations Engineer

Requirements

• Three to five years of relevant industry related or professional experience, capacity markets preferred; or equivalent combination of education, training and experience.
• CERTIFICATES, LICENSES, REGISTRATIONS
• None required.
• ADDITIONAL REQUIREMENTS
• PHYSICAL DEMANDS
• WORK ENVIRONMENT
• The noise level in the work environment is usually moderate. Contact with staff and public will occur. Travel may be required to attend and/or conduct meetings, conferences and training. This position may require work on nights, weekends or holidays.
• At the NYISO, we realize the importance of balancing the availability of remote work with the inherent value of bringing people together to attain success in the areas o

Benefits

Additional Information

The New York Independent System Operator (NYISO) manages the efficient flow of electricity on more than 11,000 circuit-miles of high-voltage transmission lines, dispatching power from hundreds of generating units across the state. The New York Independent System Operator (NYISO) applies cutting-edge technology to operating a reliable electricity system, managing competitive markets for wholesale electricity, and planning for the Empire State's energy future. The NYISO's Market Operations department invites applications for a full-time ICAP Market Operations Engineer to join our team. The ICAP Market Operations Engineer will support the NYISO's activities related to the Installed Capacity (ICAP) market consistent with applicable policies, procedures and tariffs. ESSENTIAL DUTIES and RESPONSIBILITIES Annually administer two ICAP capability period auctions, twelve ICAP monthly auctions and twelve ICAP spot-market auctions. Perform other ICAP market activities, Capability Period setup activities including ICAP to UCAP translation, billing, requirements, load shifting, certification, true-up load shifting, DMNC updates and import rights. Also implement periodic changes to the Demand-Curve values in the ICAP software system as needed. Support collection of data for Gold Book and NYISO reports. Review, analyze, and approve ICAP Supplier DMNC data. Coordinate with other NYISO departments and Market Participants to ensure accuracy of data. Track ICAP resource's CRIS status, DMNC submissions, and Forced Outages in support of NYISO ICAP tariff requirements and NYISO Penalty Review Committee matters. Provide support for general auction administration and gain a working knowledge of the remainder of the ICAP market processes. Develop documentation, including internal procedures, ICAP manual revisions, and changes to the NYISO tariffs. Recommend changes to existing procedures to gain accuracies and efficiencies. Work with Market Products to implement changes to the ICAP system software, including market rule revisions and incorporation of additional functionality into the system. Participate on teams to define and test new software. Collaborate with other NYISO departments on market design and market rule changes. Specifically identifying changes that have implications to the ICAP market processes. SUPERVISORY RESPONSIBILITIES None. EDUCATION Bachelor's Degree (BS) in Business, Engineering, Computer Science or related discipline required.

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