Engineer – Strategist, Forward Capacity Market

Organization: Rhode Island Energy
Date Posted: 01/18/2023
City: Providence
Location: Rhode Island
Country: United States
Primary Category: Engineering
Type of Position: Full-Time



Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.


Rhode Island Energy is driven by the mission of providing safe, reliable service to our customers every day, and that wouldn’t be possible without our team of dedicated, innovative, highly skilled employees. As a PPL company, we are committed to a work environment that fosters progress and we value an inclusive culture, making our company stronger as a result. We provide comprehensive benefit programs, competitive compensation packages, and opportunities to grow to allow our employees a chance to live their best lives, both professionally and personally. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

RI Energy is hiring an Engineer Strategist for our Customer Forward Capacity Market team in Rhode Island.



RI Energy is seeking an individual to play a primary role in implementing and developing its strategy for the management of electric resources in ISO-New England’s (ISO-NE) Forward Capacity Market (FCM). These resources are primarily energy efficiency, Combined Heat & Power (CHP), and solar Distributed Generation. The Company is aiming to expand its FCM participation through improved understanding of the ISO-NE market rules and closer management of its resources.

Implement the strategies and forecasting methods required for FCM resource management; play a key role in the further development and expansion of strategies. Liaison with other departments and ISO-NE regarding FCM strategies and data management.

Key Accountabilities

  • Implement the strategies and forecasting methods required for FCM resource management
  • Manage current assets and look for ways in which to grow the Company’s participation to maximize monetization of the Company’s energy efficiency and DG resources.
    • Potential areas for growth include expanding the Company’s resource portfolio to include energy storage and Demand Response
    • Opportunities for further monetization include bidding currently uncommitted capacity into reconfiguration auctions and brokering bilateral agreements with itself as well as other market participants.
  • Participate in Working Group meetings, Forward Capacity Auctions, and other ad hoc meetings as necessary
  • Attain a deep understanding of the Market Rules, ISO New England Manuals and intricacies of the market and apply them in strategy development and execution.
  • Interface with other departments within the Company (Regulatory Strategy, Electric Supply, Load Forecasting) to leverage knowledge and information to the Company’s advantage as well as to maintain consistency in external messaging.
  • Oversee the FCM resource lifecycle and be primarily responsible for submitting required information for each of the following: Show of Interest, New Resource Qualification, Forward Capacity Auction, Critical Path Schedule Monitoring, energy efficiency measure expiration, annual measurement, and verification certification.
  • Work with other individuals responsible for FCM data submissions and strategy development.
  • Proactively develop and maintain effective relationships with internal and external stakeholders.
  • Represent RI Energy values when meeting with key internal and external stakeholders such as ISO-NE or regulatory agencies. Manage the day-to-day relationship with other external stakeholders engaged in FCM operations.
  • Deliver high quality work with adherence to internal and external deadlines.
  • Develop and maintain a solid understanding of the business by staying abreast of industry trends and learning and sharing best practices.
  • Develop and maintain a technical understanding of energy efficiency and solar Distributed Generation services in relation to the Forward Capacity Market.
  • Research primary data sources, identify key themes, analyze trends, and present to senior management in defining the approach for the FCM.
  • Appropriately challenge existing work practices and continuously seek ways to make improvements and drive greater efficiencies.
  • Make projections for FCM performance on an ongoing basis to support senior management in defining resource planning strategies.
  • Identify and implement ways to improve customer trust and ease, expedite the customer process and create operational efficiencies. Use a process excellence approach to communicate concerns, identify causes, and develop and implement countermeasures.


  • A bachelor’s degree in electrical, mechanical, or other related engineering and at least 4 years of professional experience is required.
  • 3+ years of experience in economics/policy analysis or energy markets. A graduate degree is strongly preferred.
  • Proficient in relevant software e.g., Microsoft Office Suite (Excel, Word, PowerPoint, Access).
  • Knowledge of relevant industry practices, trends, and legislation.
  • Familiarity with the FCM or other energy markets.
  • Prior experience managing substantial projects or programs.
  • Very strong communication skills (in-person, phone, and email)
  • Ability to adapt and tailor approach to wide variety of audiences.
  • Analytical thinking
  • Ability to organize information (quantitative and qualitative)
  • Attention to detail

This position will be filled at the appropriate level based on the qualified candidate’s background and experience.


  • Bachelor’s Degree in engineering or engineering technology.

Support Engineer

  • Bachelor’s degree in engineering or engineering technology discipline.  In lieu of degree, applicants who have PE license in the state of Rhode Island will be considered.
  • Minimum of 2 years of related experience.

Senior Engineer

  • Bachelor’s degree in engineering or engineering technology discipline.  In lieu of degree, applicants who have PE license in the state of Rhode Island will be considered.
  • Minimum of 5 years of related experience.
  • Working knowledge of regulatory requirements and industry standards for the specific position.


Follow this link to apply online.

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september, 2023