Southwest Power Pool

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Sr. or Energy Economist II - Remote eligible (Architecture)



Southwest Power Pool (SPP) is about more than power. We're about the power of relationships. Our employees have the opportunity to work together to ensure electricity is delivered reliably and affordably to the millions of people living in our service territory. We have been voted one of Arkansas' Best Places to work by Arkansas Business and we are looking for a member of our team who is passionate about our mission to keep the lights on!

We have a core ideology here at SPP that we stand by: Do the right thing, for the right reason, in the right way.

We believe in supporting our employees through a fantastic benefits package:

  • Competitive and transparent pay with bonus opportunities
  • Excellent insurance package including three great medical plans to choose from, employer-paid short-term disability, long-term disability, and life insurance
  • Relocation bonus (if applicable)
  • Hybrid working environment for positions that are eligible
  • Fantastic contributions to your retirement through a 401(k) savings plan with employer-match benefits and a pension (defined benefit plan) fully funded by SPP

COMPENSATION INFORMATION
The salary range(s) represents our good faith estimate for the role at this time. While we strive to provide competitive and transparent compensation, there may be circumstances where an offer is above or outside of the listed range. We are open to discussing salary expectations with qualified candidates considering factors such as the candidate's qualifications, skills, competencies, experience and geographic location will all be considered during the hiring process.

  • Sr. Energy Economist - $ 109,500 - $ 142,250
  • Energy Economist II - $ 95,200 - $ 123,700

Join our team as an Economist in Market Design!

As an Energy Economist, you will collaborate with key stakeholders to develop, evaluate, and refine the principles and rules that govern the electricity market within the SPP region. Your work will be instrumental in conducting in-depth economic analyses of market dynamics, designing effective solutions, and evaluating regulatory policies and market-based strategies. Your expertise will ensure that the market operates efficiently, reliably, and transparently.

 Key Responsibilities:

  • Market Design & Policy Development:
    Understand and apply the principles of organized wholesale market designs, including the company's market rules, to business functions.
  • Stakeholder Collaboration:
    Coordinate and communicate with SPP market participants and member companies regarding market design.
  • Market Mechanism Evaluation:
    Analyze current market mechanisms and identify opportunities for enhancements to improve efficiency, reliability, and transparency.
  • Propose Market Changes:
    Evaluate proposed changes to market design, regulatory policies, and market solutions to address emerging market challenges.
  • Quantitative Analysis & Insights:
    Utilize econometric techniques to analyze market data, identify trends, and assess the behavior of market participants and market performance.
  • Scenario & Sensitivity Testing:
    Conduct analysis to evaluate proposed market designs and policy interventions under various market conditions.
  • Research & Documentation:
    Conduct research on the design of other RTO/ISO markets, and document your findings in clear, concise written reports.
  • Support Stakeholder Processes & Committees:
    Facilitate market design changes through the SPP stakeholder process and provide technical expertise to relevant committees and working groups.
  • FERC Filing Support:
    Assist in drafting filings, letters, and testimony related to FERC filings, and provide data to support the process.
  • Ad-hoc Analysis:
    Develop and conduct market analysis to detect weaknesses and recommend improvements.
  • Education & Training:
    Review and develop educational materials related to market design for stakeholders.

To be successful in the role we're looking for:

  • A degree in Economics
  • Sr. Energy Economist - Five (5) Years of Experience
  • Energy Economist II - Two (2) Years of Experience - position not remote eligible  
  • Expertise in energy market theory with particular emphasis in electricity markets
  • Proficient understanding of microeconomics, including the theory of competitive markets, game theory, and price theory
  • Knowledge of electricity market concepts and ability to apply understanding in unique analysis
  • Proficient at organizing and conducting technical and analytical studies
  • Ability to support diverse team members and manage parts of complex analysis projects
  • Strong interpersonal, team-building, and organizational skills
  • Good written and verbal communication skills
  • Understanding of and compliance with SPP Policies and Procedures
  • Flexibility and aptitude to function with constantly changing conditions and priorities

Work Environment:

  • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

 Position Type and Expected Hours of Work:

  • This is a full-time position. Days and hours of the workweek are Monday through Friday; 8:00 a.m. to 5:00 p.m. Working extended hours may be required.

Travel Requirement:

  • This position requires moderate travel (approximately 10-15%)

SPP is an Affirmative Action and Equal Opportunity Employer of individuals with disabilities and protected veterans and is committed to excellence. If you need a reasonable accommodation for any part of the employment process, please contact us at HR@spp.org and let us know the nature of your request. We will only respond to messages left that involve a request for a reasonable accommodation in the application process. We will accommodate the needs of any qualified candidate who requests a reasonable accommodation under the Americans with Disabilities Act (ADA).

At SPP we value Diversity, Equity and Inclusion. Visit our website to learn more: LINK

Full job descriptions will be made available to those selected for an interview. 

 

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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