NYISO · 8 hours ago
Economist (Market Mitigation & Analysis)
Rensselaer, NY
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $149K/yr
5+ years expThe New York Independent System Operator (NYISO) is responsible for managing the efficient flow of electricity across New York State. They are seeking an Economist to analyze market design and behavior to ensure competitive solutions in the bulk electric power markets.
ElectronicsEnergy
Responsibilities
In conjunction with other staff, analyze NYISO markets and proposed market design changes to identify potential market design flaws. These analyses focus on market outcomes as they relate to various systems conditions, market participant behavior, and operations. Present analyses internally and in the NYISO stakeholder process
Serve as a Market Mitigation and Analysis staff representative on economic issues internally and externally as they affect the design of the NYISO markets
Interpret economic and statistical data in areas related to NYISO markets and related markets (e.g., primary fuels, competitive offering behavior, investments in system expansion)
In conjunction with other staff, evaluate economic decisions made by market participants and the effects on the NYISO markets in the light of market participant-specific circumstances
Develop methods and procedures for collecting/processing and reporting data internally and to the market
Develop techniques to analyze economic data relevant to NYISO markets
Review and analyze economic data in order to prepare reports detailing results of investigation including graphic illustrations of findings and keep the Managers abreast of economic changes
Produce reports and memos for NYISO senior management, market participants, and regulators
Formulate recommendations, policies or plans to aid in market interpretation or solution of economic problems
Prepare affidavits related to economic issues related to NYISO markets in support of NYISO filings
Utilize economic expertise to solve problems for buyer-side mitigation analyses, physical withholding determinations, and the demand curve reset
Conduct research on issues pertaining economics, financing, and accounting. Make recommendations based on sound theoretical research and vetting internally and with the external Market Monitoring Unit
Summarize findings in written memos, and/or communicate them verbally to members of NYISO management. Support the research, drafting, and review of materials in regulatory and litigation proceedings
Qualification
Required
Master's Degree (MS) in Economics; PhD. desired
Five years related experience; or equivalent combination of education, training and experience
Ability to read, analyze and interpret common scientific and technical journals, financial reports and legal documents
Ability to respond to common inquiries or complaints from market participants, regulatory agencies or members of the business community
Ability to write speeches and articles for publication that conform to prescribed style and format
Ability to effectively present information to top management, public groups and/or boards of directors
Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations and permutations
Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis
Ability to define problems, collect data, establish facts and draw valid conclusions
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables
Intermediate competency in Windows operating environment using MS Office applications, e-mail and internet programs
Proficiency in at least one programming language
Benefits
Comprehensive benefits package
Innovative reward programs
Company
NYISO
Reliably managing NY’s power grid & energy markets
501-1000 employees
H1B Sponsorship
NYISO 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 (35)
2024 (36)
2023 (23)
2022 (26)
2021 (20)
2020 (19)
Funding
Current Stage
Late StageLeadership Team
Richard J. Dewey
President & CEO
Recent News
New Orleans CityBusiness
2025-06-27
New Orleans CityBusiness
2025-06-22
New Orleans CityBusiness
2025-06-04
Company data provided by crunchbase