California ISO ยท 2 weeks ago
Market Development Analyst (Hybrid)
Folsom, CA
Full-time
Hybrid
Entry, Mid Level
$45.10/hr - $75.18/hr
2+ years expCalifornia ISO manages the flow of electricity across California's power grid and is seeking a Market Development Analyst. This role is responsible for advanced analytics to support data-driven policy decisions and market design, analyzing energy market data to provide insights for business decisions.
EnergyNon ProfitPower Grid
Responsibilities
Develops data science algorithms for predictive analytics and supports the successful development of market design and policies. Performs descriptive analytics for the energy market including day-ahead and real-time, energy and reliability services, congestion revenue rights as well as operational performance. Develops and implements business solutions such as new market products and/or new market constraints and procedures. Works on moderately complex engineering problems and provides engineering support in the market software as needed to determine optimality of market solutions
Supports the production activities for default energy bid (DEB) calculations, commitment costs, including complex analysis of all components of the default bids and commitment costs, to ensure the accuracy of the inputs and the calculation of the bids, and its impact on the market outcomes. Leverages engineering principles, production cost modeling, and generation simulation to evaluate market participant requests for adjustments to major maintenance adders, while analyzing resource operating characteristics, market operations, and price volatility. Utilizes complex mathematical optimization models to compute opportunity costs for gas-based units, ensuring adherence to ISO Tariff regulations and business practice manuals. Supports the evaluation and negotiation of custom DEBs and opportunity costs, balancing analytical precision with market compliance to optimize overall market efficiency and operational performance
Monitors, analyzes and reports on market results, its efficiency and effectiveness. Monitors and detects emerging market trends, such as prices and cost spikes, and identify root causes of market design gaps. May develop and implement long-term market metrics and identify systemic market issues. Develops and presents reports; builds interactive dashboards, and visualizations to communicate insights and trends
Participates in cross functional teams as assigned. Collaborates with market participants, regulators and other stakeholders to develop analytics to support business decisions and market design. Provides technical, analytical and reporting support to internal business units and external entities
Supports the development of new data-driven products and services related to energy markets. Stays up-to-date with the latest developments in energy markets, data science, and technology
Qualification
Required
Bachelor's degree (BA, BS) or equivalent education, training or experience in Electrical Engineering, Data Science, Computer Science, Statistics, Mathematics, Economics or related field
Equivalent years of education and training, plus two (2) or more years related experience
Strong analytical and quantitative skills, with experience in data science
Knowledge of energy markets, energy policies, and regulations
Exposure and experience with applied optimization principles and techniques, power system operations and market design
Experience with programming languages such as R, Python, or SQL
Familiarity with data visualization tools and techniques
Strong verbal and written communication and documentation skills required, with a demonstrated attention to detail
Ability to use deductive reasoning and analytical thinking with sound judgment and decision-making skills
Strong interpersonal and conflict resolution skills are also essential
Must be self-starting and willing and able to work independently in a dynamic corporate organization under pressure of tight deadlines and aggressive expectations
Problem solving skills with the ability to influence others without direct authority
Must be able to work effectively in a team environment as facilitator and team member
Must be proficient with Microsoft Office Suite
Strong mathematical analytical skills are required, including the ability to communicate effectively complex technical and mathematical materials and concepts
Preferred
Master Degree preferred
Benefits
Relocation assistance is available.
Flexible work arrangements
Company
California ISO
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.
501-1000 employees
H1B Sponsorship
California ISO has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (37)
2024 (16)
2023 (18)
2022 (26)
2021 (18)
2020 (15)
Funding
Current Stage
Late StageLeadership Team
M
Mark Rothleder
Chief Operating Officer
Roger E. Collanton
Vice President, General Counsel
Recent News
2025-10-24
2025-10-15
Morningstar.com
2025-10-10
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