Economist

Job Type: Full-time Salary Range: $115,000 – $180,000 To Apply: Email resume to View email address on click.appcast.io About the Role Can NYISO’s wholesale markets reliably coordinate the production and flow of electricity across the transmission system, foster competition among market participants, deliver reasonable prices, and keep the lights on? At Potomac Economics, as part of the NYISO Market Monitoring Unit, you will play a critical role in ensuring these goals are met. You’ll join a dedicated market monitoring team that evaluates the performance of NYISO’s competitive electricity markets, including energy, ancillary services, transmission congestion contracts, and capacity markets. What you will do Use advanced monitoring tools to assess market efficiency and reliability. Identify opportunities to improve NYISO’s market design and operations and develop economic solutions to these issues. Detect and investigate potential market manipulation or the exercise of market power. Why this matters Your work helps safeguard the integrity of NYISO’s wholesale electricity markets, ensuring competition, efficient market outcomes, and reliable service for consumers across New York. Responsibilities and Expectations Conduct economic analyses of wholesale electricity market outcomes to assess competitiveness, efficiency, and reliability. Apply economic theory to develop recommendations for market rule changes and to evaluate proposed changes to market rules. This may be applied to new or existing wholesale electricity products, capacity market design, competitiveness and the exercise of market power, and market manipulation. Design and perform statistical and economic analyses to evaluate market performance and identify areas for improvement in market design. Develop efficient Python code to process, analyze, and visualize large electricity market datasets. Summarize and communicate analytical findings clearly to both technical and non‑technical audiences. Work productively and independently while contributing to team goals. Qualifications Required Master’s degree in Economics, Operations Research, or another relevant field of study, or equivalent experience. 3 or more years of experience conducting quantitative or economic analyses, preferably in energy or electricity markets. Strong analytical and empirical skills, with attention to accuracy and reproducibility. Understanding of energy and capacity markets, including market structure, pricing, and competition dynamics. Strong technical writing skills. Preferred Experience evaluating or designing wholesale electricity market rules, pricing mechanisms, capacity market rules, or market power mitigation measures. 3 or more years of experience with data analysis and programming experience in Python. Experience with large energy market datasets (e.g., from ISO/RTOs). Knowledge of energy market design. Familiarity with optimization modeling (e.g., linear programming, mixed‑integer programming, etc.). Familiarity with tools such as NumPy, Matplotlib, and Plotly. Interest and ability to use modern AI tools (e.g., ChatGPT, GitHub Copilot) to enhance coding, data analysis, and workflow efficiency. Benefits Medical / Dental / Vision / Life HSA / FSA 401(k) Paid time off Location Fairfax, Virginia Potomac Economics Ltd. 3050 Chain Bridge Rd. Ste 500 Fairfax Virginia 22030 #J-18808-Ljbffr