About this role
Qualus is a leading pure-play power solutions firm focused on power infrastructure transformation. They are seeking a Production Cost Modeling Engineer to build, run, and analyze production cost models to simulate system operations for power market scenarios, aiding market participants in forecasting economic impacts of infrastructure investments.
Responsibilities:
- Utilize advanced analytical tools, including Production Cost Models (“PCM”s) such as GridView, to assist with generation, storage and transmission capacity investment decisions. The analysis should be based on well-founded assumptions about future electricity demand, fuel prices, technology costs, performance, and regulatory frameworks, among others
- Simulate the detailed operation of power systems on an hourly to sub-hourly basis using PCM. Assess resource adequacy and reliability, analyze the impacts of capacity changes on system operations, evaluate transmission congestion and locational marginal prices, and provide comprehensive analyses of daily emission patterns
- Develop and validate hypotheses regarding the economics of power system operations. Focus on maximizing societal net benefits through effective supply-and-demand balance and minimizing total system costs associated with infrastructure and new resource investments
- Strategically create and implement all necessary PCM study scenarios, supporting various reasonable hypotheses, and prepare detailed study reports that showcase major findings
- Execute additional power system studies as needed, contributing your expertise to enhance power system understanding and reliability
Requirements:
- Hold a Master of Science in Electrical Engineering with a specialization in power system studies; a Ph.D. in Electrical Engineering with a similar focus is preferred
- Hold a Master of Science in Mathematics or a Master of Arts in Economics emphasizing electric power; a Ph.D. in Economics with a related focus is highly preferred
- More than 10 years of robust experience in the power industry, system studies, modeling, resource and transmission planning using tools such as PSSE and PSLF
- More than 10 years of robust experience in resource adequacy and production cost analysis using production cost modeling tools such as GridView
- At least 5 years of experience in grid planning or wholesale electricity market operations within CAISO/WECC or other major RTOs and ISOs, along with significant experience in developing energy market policies with ability to interpret complex market data and engage effectively in regulatory and stakeholder discussions
- a Ph.D. in Electrical Engineering with a similar focus
- a Ph.D. in Economics with a related focus