Power Markets Researcher

A Power Markets Researcher at Tyba is essential in building our research capabilities focused on asset operations and risk management. In this role, you'll be directly engaged with grid operators for regulatory compliance and market information, while also translating complex power market nuances into our models. Additionally, you will assist in product development of our dispatch models, ensuring that our technologies meet market demands.

To be a successful candidate for the Power Markets Researcher position at Tyba, you should have a background in asset operations, trading, or power market economics. Additionally, expertise in fundamental market analysis and real-time decision-making using asset telemetry would be advantageous. Familiarity with ISO market rules, especially CAISO and ERCOT, is essential to navigate the complexities of this role.

The company culture at Tyba emphasizes innovation, collaboration, and flexibility. As a Power Markets Researcher, you'll find an encouraging environment that fosters teamwork across commercial and engineering departments. With a hybrid work model and unlimited PTO, Tyba values work-life balance and supports remote work options for exceptional candidates, ensuring you can thrive both professionally and personally.

Tyba provides a competitive compensation package for the Power Markets Researcher role, which includes a salary range of $130-$215k based on experience. Employees enjoy a variety of benefits such as parental leave, medical coverage, and the unique perk of working above a bakery at our HQ! Furthermore, there are employee stock options that allow you to have a stake in the company's success.

At Tyba, we believe in continuous learning and professional growth. As a Power Markets Researcher, you will be immersed in pivotal decision-making processes that help shape your skills and expertise in the energy sector. We also encourage team offsites and collaborative projects to foster a culture of knowledge-sharing, ensuring you are always ahead in your professional journey.

When building a research function, I would first define the main objectives, such as asset operation efficiency, risk management, and regulatory compliance. I would then establish key performance indicators and create processes for continuous data analysis and market monitoring. Collaborating with engineering and commercial teams is crucial for aligning our insights with product development needs.

I regularly read market reports, subscribe to industry newsletters, and participate in stakeholder meetings. Networking with other professionals and engaging in technical forums also helps me gain insights into potential regulatory changes and industry trends.

My experience with ISO market rules involves navigating registration processes, compliance standards, and understanding their implications on trading operations. This knowledge ensures that my trading strategies align with settlement processes, enhancing operational efficiency and risk mitigation.

In my previous roles, I utilized asset telemetry to monitor real-time data regarding performance metrics. This information allows me to make informed decisions on dispatching assets and adjusting trading strategies promptly, ultimately delivering optimized results.

In my previous position, I collaborated with engineering teams to develop auto-bidding algorithms. By regularly communicating and sharing insights from market research, we were able to create a model that not only improved our competitive edge but also aligned with regulatory requirements.

I assess risk by conducting thorough market analyses to identify trends and potential disruptions, such as regulatory changes or economic shifts. I also utilize decision matrixes to evaluate the risks versus rewards for each trading strategy, ensuring we remain within our risk tolerance levels.

A Power Markets Researcher plays a pivotal role in translating complex market regulations and trends into actionable insights for product development teams. By providing clear market data, we can shape product features that enhance competitiveness and regulatory compliance.

I would initiate open communication with stakeholders to understand their perspectives and concerns. By presenting data-based insights and facilitating discussions, I believe we can collaboratively reach a consensus that aligns with both our strategic goals and stakeholder interests.

I am excited about the opportunity to work at Tyba because I admire its commitment to innovation in renewable energy. The chance to contribute to a mission that directly impacts sustainability while collaborating with a talented team aligns perfectly with my career aspirations.

Crucial skills for a Power Markets Researcher include strong analytical abilities, a deep understanding of market regulations, effective communication skills, and the capability to collaborate with cross-functional teams. Additionally, familiarity with data analysis tools and the ability to interpret complex information are vital to success in this role.