Economics Engineer #1015813
Job Description:

• If you're looking for a career that will provide a challenging work environment and many opportunities to learn, our company is the place for you. Join our team and become part of a company full of exciting opportunities.
• We help employees achieve their personal best by offering many opportunities that develop and enhance their skills for career advancement.

 
Duties:

• The Economics Engineer is responsible for foundational economic and engineering analyses related to implementing various engineering projects for the company.
• This includes levelized cost of energy modelling, economic analysis of power purchase agreement pricing terms, and ad hoc analysis related to energy markets, capacity markets, and energy generation.
• Responsible for creating, maintaining, and improving organizational processes and deliverables including visual management, standard work, problem solving, and waste elimination and applies principles of energy economics, including energy market integration, risk and reliability assessments and Environmental analyses to energy projects.
• Support renewable energy electric generation strategy including renewable energy solicitations, power purchase agreements, and various regulatory filings.
• Provide economic justification and support of company strategy regarding future adoption of new generation resources, electric vehicle growth, customer electrification, grid modernization, or other impacts to the utility
• Collaborate with customers, coworkers, and others to discuss existing or potential engineering products or projects.
• Provide meaningful interpretation of complex analyses and present technical results to highest levels of leadership to inform company strategy
• Ensure economic support for strategy decisions conform to regulatory, legal and legislative standards and customer requirements, monitor and quantify the impacts of external forces on the utility business
• Ensure compliance with specifications, regulatory requirements, or customer requirements by directing or coordinating, documentation, support, or testing activities
• Provide analytical support with a focus on energy market, capacity market, and complex pricing terms analysis with some supervision.
• Write reports, compile data, create and deliver presentations, support and/or sponsor testimony and exhibits as a witness regarding existing and potential electrical engineering projects and studies
• Design, develop and perform model simulations of electrical systems and products.
• Training and mastery of complex software systems or analyses is required
• Other duties as assigned or may be necessary.
• 2- 4years Experience with programming languages; Experience modeling cost estimating, analysis and budgeting (Required)

 
Skills:

• Foundational economic modeling and analytical skills (existing work is primarily in Microsoft Excel; potential to reevaluate analytical tools in the future) Broad Knowledge
• Attention to detail Basic Knowledge
• Analytical and problem-solving skills Basic Knowledge
• Knowledge of regional transmission operator market operations, foundations of utility business practices Broad Knowledge
• Proficiency in Microsoft Excel Broad Knowledge
• Knowledge in cost control and financial data analysis Limited Knowledge
• Data management and organization skills Broad Knowledge
• Knowledge of engineering principles, and economics underlying electric power generation Basic Knowledge

 
Education: 

• Bachelor’s degree in engineering degree from an ABET accredited program OR Engineering degree from a non-ABET accredited program plus a Professional Engineering license (Required)

 
Skills and Experience:
Required Skills:

• AD HOC analysis
• Problem solving
• Pricing
• Documentation
• Budgeting

 
Additional Skills:

• Simulations
• Problem-solving
• Electrical systems
• Data management
• Cost estimating
• Cost control
• Witness
• Data analysis
• Marketing analysis
• Fossil power
• Organization skills
• Engineering analyses
• Electrical engineering
• Filings
• Microsoft Excel
• Operations

 
Languages:

• English
  • Read
  • Write
  • Speak

 
Minimum Degree Required:

• Bachelor's Degree

 
Additional Info:
 
At FastTek Global, Our Purpose is Our People and Our Planet. We come to work each day and are reminded we are helping people find their success stories. Also, Doing the right thing is our mantra.  We act responsibly, give back to the communities we serve and have a little fun along the way.
We have been doing this with pride, dedication and plain, old-fashioned hard work for 24 years!
FastTek Global is financially strong, privately held company that is 100% consultant and client focused.
We've differentiated ourselves by being fast, flexible, creative and honest. Throw out everything you've heard, seen, or felt about every other IT Consulting company. We do unique things and we do them for Fortune 10, Fortune 500, and technology start-up companies.
Our benefits are second to none and thanks to our flexible benefit options you can choose the benefits you need or want, options include:
 

• Medical and Dental (FastTek pays majority of the medical program)
• Vision
• Personal Time Off (PTO) Program
• Long Term Disability (100% paid)
• Life Insurance (100% paid)
• 401(k) with immediate vesting and 3% (of salary) dollar-for-dollar match

 
Plus, we have a lucrative employee referral program and an employee recognition culture.
FastTek Global was named one of the Top Work Places in Michigan by the Detroit Free Press in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023!
To view all of our open positions go to: https://www.fasttek.com/fastswitch/findwork
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