Engineer- Transmission & Structured Markets

Job Description:

Overview

Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations.

Position Summary

As an Engineer, you will work with team leadership to support key tasks to successfully develop, build and operate utility-scale solar, wind, and BESS projects.

Key Responsibilities

Development Activities

• Update mid- to long-term production cost models based on generation and transmission topologies changes.

• Develop in-house view of congestion trends for both greenfield and acquisition projects by performing medium- and long-term production cost analysis.

• Analyze commercial impacts on projects due to planned generation additions/retirements, transmission development, and evolving energy market fundamentals.

• Support project interconnection related activities at ISOs/TPs/TOs during the study phase of the project by analyzing studies received from ISOs/TPs and third-party consultants.

• Participate in discussions with external consultants to support development of independent transmission, congestion, and curtailment reports for project financing efforts.

• Support project offtake by performing in-house production cost analysis and/or by reviewing the analysis available from third-party consultants.

Market Fundamentals Support

• Participate in and represent Deriva's position at various stakeholder forums at ISO, RTOs and PUCs.

• Assess the impact of changes to market design on operational and/or development projects

• Develop an in-house view of long-term Energy, Capacity and REC prices based on expected changes to supply and demand mix in the respective market footprint.

Operational Support

• Update near- to mid-term production cost models based on the evolving market and grid conditions.

• Develop in-house view of near- to mid-term congestion trends by performing production cost analysis for different market footprints.

• Support trading team with scenario-based analysis to mitigate market risks for operational projects by participating in Day-ahead and FTR/CRR/TCR markets.

• Participate in market operations related stakeholder forums at ISOs/RTOs.

• Keep abreast of changing market regulations that could impact commercial viability of the project.

Working Conditions

• This position is located at our headquarters in Charlotte, NC.

• In office work schedule

Benefits

• Health Insurance

• Dental Insurance

• Vision Insurance

• 401(k) with matching

• Employee assistance program

• Flexible spending account

• Life insurance

• Paid time off

• Available for travel up to 25%

Basic Qualifications

Engineer II

• B.S. degree in Electrical Engineering from an ABET accredited program

• In addition to required education, (2) years or more of relevant work experience

Engineer III

• B.S. degree in Electrical Engineering from an ABET accredited program

• In addition to required education, (4) years or more of relevant work experience

Senior Engineer

• B.S. degree in Electrical Engineering from an ABET accredited program

• In additional to required education, 5 years or more of relevant work experience

Desired Qualifications

• Bachelor's degree in electrical engineering with an emphasis in Power Systems is preferred

• Master's degree in electrical engineering or similar discipline

• Two (2) years or more of experience performing steady state/production cost/market operations analysis at an ISO

• Transmission owner or technical consultant

• Masters or PHD degree in a related field

• Experience using power flow or production cost modeling tools like Power World, TARA, PSS/E, UPLAN, PORMOD, PROBE, GridView

• Experience understanding and/or performing ISO system impact studies and transmission owner facilities studies

• Excellent problem-solving skills, attention to detail, and the ability to translate complex technical concepts to a variety of stakeholders

• Ability to work independently while providing subject matter expertise in a collaborative team environment

• Self-motivated with a high level of initiative and accountability

• Excellent written and oral communication and organizational skills

Additional Information:

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Deriva welcomes veterans of the United States Armed Forces to apply for this position. Deriva includes veterans of all branches and a diverse set of occupational specialties. We value the independent thinking, problem solving, leadership, and teamwork that our veterans have developed through their service. We welcome applications from any service and any military occupational specialty.

Deriva Energy is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.