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ITC Holdings Corp. logo
Company Name:
Approximate Salary:
Not Specified
Novi, Michigan
United States
Engineering - Other
Position type:
Full Time
Experience level:
2 - 5 years
Education level:
Bachelor's Degree


Associate/Engineer/Senior Engineer - Economic Planning Overview:
  • Engineer- Economic Planning is primarily responsible for leading/working with rest of the Economic Planning group in performing various studies relating to Economic Transmission planning and Congestion studies utilizing PROMOD and other related production costing simulation tools. Participating in planning processes and stakeholder committees of various ISO/RTO markets including Midcontinent ISO (MISO), PJM, and Southwest Power Pool (SPP). Supports grid development activities in pursuit of transmission development opportunities in both existing and new geographic regions. Also provide subject matter expertise on the economic planning to both external stakeholders and internal ITC staff.

Job Responsibilities:

Engineering Concepts and Tools:

  • Develop expertise with the production costing/electric market simulation tools and processes
Engineering Responsibilities:
  • As directed by the Manager, enthusiastically complete the modeling/simulation assignments and specific projects directed by ad hoc stakeholder/cross-functional teams.
Governing Processes:
  • Detailed understanding of RTO level regional planning processes with a specific focus on Market Efficiency or Economic Planning processes
Stakeholder Relationships:
  • Develop positive stakeholder technical level relationships as necessary to accomplish regional planning organization objectives and assigned directives
  • Assist with specific assignments as directed by stakeholders/cross-functional teams to perform economic simulations and share analysis results. In these cases, facilitate stakeholder feedback discussions to reach a positive stakeholder consensus, to the fullest extent possible
  • Develop basic staff secretary skills (Meeting minutes, action items, sending report outs etc.) for technical working groups/task force meeting.

Engineering Judgment:

  • Exercise intermediate decision making skills for technical studies and services to adapt between standard and non-standard techniques
  • Develop basic project management skills by taking responsibility for the completion of any assigned independent projects
  • Develop necessary leadership skills by working with and mentoring and guiding less experienced engineers as they make technical level contributions

Teamwork and Leadership Skills:

  • Provide key technical support in a teamwork environment
  • Independently handle several RTO/Regional planning processes, studies or tasks with limited scope and minimum supervision
  • Assist less experienced engineers with advanced studies and technical process with appropriate supervision
  • Maintain awareness of more experienced engineering decision-making behavior in anticipation of future development of fundamental leadership abilities

Job Qualifications:

Education Requirements:

  • Bachelor of Science degree in Electrical Engineering (with a focus in Power Engineering) from an ABET accredited university.
  • Master’s degree in Electrical Engineering preferred
Experience Requirements:
  • The following years of industry-related experience, including reliability planning, and/or economic planning
Sr. Engineer: 5- 7 years of experience Engineer: 3-5 years of experience

Associate Engineer- 0-3 years of experience

  • Proficiency with economic analysis of electric grid (electric market simulation/production cost modeling) using tools, specifically PROMOD
  • Ability to learn and utilize various power system analysis tools (i.e. PSS/E, TARA, PSLF and/or PROMOD) preferred.
  • Working level knowledge of NERC and/or RTO planning policies or processes.
Other Requirements:
  • Strong inter-personal and team work skills along with excellent written and verbal communication skills
  • Competent working skills with data handling software such as Microsoft Office© Word, Excel, Access
  • Ability to multi-task and work in a team environment.

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