Associate Economist (Regulatory Economics), Grade 23 (NY HELPS)-NYC

Minimum Qualifications: 

Non-Competitive (NY HELPS)*:

Candidates must have either a bachelor's degree or higher in economics OR a bachelor's degree or higher including or supplemented by 18 semester credit hours in economics and an additional 6 semester credit hours from among the following course work areas: computer science, economics, econometrics, mathematics, operations research, research methods or statistics;

AND

Three years of professional experience conducting economic research in the field of public utility regulation. Acceptable experience may include but is not limited to, experience with substantial responsibility for analyzing economic issues related to public or private gas, water, electric or telecommunication utilities. Experience primarily involving the clerical accumulation and manipulation of statistics will NOT be regarded as qualifying.

Substitutions:

A master’s degree in economics may substitute for one year of the professional experience in conducting economic research described above. A doctoral degree in economics may substitute for two years of the professional experience in conducting economic research described above. 

Preferred candidates would have familiarity with system dynamics modeling and related software.

Duties Description:  

The Associate Economist (Regulatory Economics), Grade 23, will work in the Office of Markets and Innovation’s Office of Regulatory Economics, and perform duties that include, but are not limited to:

• Utilizing electric market and systems operation data to perform and analyze economic modeling for the analysis of production-costs, capacity expansion and resource adequacy, congestion, emissions, transmission and distribution power flow, and grid/ancillary services. 
• Participating in collaborative staff and industry efforts related to investment planning, developing rules and operating procedures, and technical aspects of energy product markets. 
• Presenting expert economic testimony in public hearings before the Public Service Commission or Administrative Law Judges or before other governmental bodies.
• Supervising other economists in carrying out their work on regulatory economics issues. 
• Analyzing economic issues related to transitioning of wholesale and retail utility markets, econometric sales forecasting, measurement and mitigation of market power, incentive regulation, benefit cost analysis, measurement of marginal costs, and implementing policies required to achieve the State’s carbon reduction and distributed energy resources goals.