INDEPENDENT ELECTRICITY SYSTEM OPERATOR Job Title: Senior Analyst - Market Assessment Unit
Requisition ID: 18322
Location: Toronto, Hybrid
Temporary Assignment: up to 24 months
Ontario's wholesale electricity sector is a cornerstone piece of the Ontario economy. Since the sector was deregulated in 2002, hundreds of companies have become engaged in generating, selling and buying electricity at the wholesale level, and operating to support the reliability of the electricity grid. Governing their conduct is a set of Market Rules, aimed at ensuring reliability and efficiency for the benefit of Ontario electricity consumers.
The Independent Electricity System Operator of Ontario ("IESO") has responsibility for enforcement of the Market Rules as part of its broad mandate to establish and govern markets in this space. The enforcement responsibility has been delegated to the IESO's Market Assessment and Compliance Division ("MACD"). MACD also works with a panel of the Ontario Energy Board, the Market Surveillance Panel, ("the MSP"), in respect of its mandate to assess the efficiency and competition of the market. The MSP is an independent panel made up of experienced legal, market and economic experts.
MACD is seeking a Senior Analyst to join its team of analysts and economists in the area of market assessment and surveillance. This team works directly with the MSP, in support of their mandate. The team is also a member of a global body of market monitors in other deregulated electricity markets. This is a tremendous opportunity to join a team in a quickly growing international area of economics.
Job Overview
Provide analytical focused direction and support to monitor, evaluate, and analyze the performance of the market and the conduct of its participants to identify the circumstances for further analysis or investigation. Undertake investigations as per the Electricity Act, 1998 to identify inappropriate or anomalous conduct by Market Participants, design and structural flaws and inefficiencies in the market. This includes the collection of data, communicating and/or meeting with the Participant(s). Prepare routine and ad hoc reports detailing the results of the work, and make recommendations for remedial or subsequent actions.
What You'll Be Doing
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