Position Title: Power System Analyst (Production Cost Modelling)

Location: New Delhi, India
Title: Senior Research Associate / Research Lead
No. of Openings: 1 (One) 

About FSR Global:    

FSR Global is a not-for profit independent regulatory hub of excellence focused on energy transitions in the Global South. Using a system thinking approach we aim at improving the quality of energy regulation by collaborating and co-creating knowledge with multi-stakeholders from the energy sector and beyond. We develop and disseminate knowledge through our 3-pillars of activities – training, policy dialogues and research, through Global North-South and Global South- South partnerships.  

The Role 

We are seeking a Power System Analyst (Production Cost Modelling) with expertise in both the economic and technical dimensions of electricity markets. The role involves applying advanced production cost models (PCM) to evaluate the operational and economic impacts of energy policies, market reforms, and emerging technologies in the context of the global energy transition. 

The ideal candidate will have a strong background in electricity market modelling, resource adequacy, and techno-economic analysis, with the ability to translate modelling results into clear policy and market design insights. 

Key Responsibilities 

1. Production Cost modelling & Analysis 

  • Develop, calibrate, and run production cost models using tools such as PLEXOS, GAMS, PROMOD, or Aurora to simulate wholesale electricity market operations. 
  • Analyze results on generation dispatch, transmission congestion, market prices, system reliability, and emissions. 
  • Conduct resource adequacy assessments and evaluate the economic potential of new technologies, including energy storage and green hydrogen. 

2. Policy & Economic Analysis 

  • Design and execute modelling scenarios that reflect proposed policy changes and market reforms. 
  • Quantify the economic impacts of policies such as renewable purchase obligations, capacity markets, and emissions trading schemes. 
  • Draft and contribute economic modelling inputs for reports, policy briefs, and regulatory filings. 

3. Market Design & Framework Development 

  • Apply modelling insights to support the design and evaluation of new market frameworks, including the I-IRA framework and Global South adequacy needs. 
  • Support the development of evidence-based frameworks for tariff design, capacity planning, and integrated resource planning. 

Qualifications 

  • PhD or Master’s degree in Electrical Engineering, Economics, Operations Research, or a related quantitative discipline. 
  • 3–7 years of relevant experience in electricity market analysis and production cost modelling (research, policy, or industry). 
  • Proficiency with at least one major PCM platform (PLEXOS, GAMS, PROMOD, Aurora). 
  • Strong understanding of electricity market economics, unit commitment, economic dispatch, and reliability assessment. 
  • Excellent quantitative skills: proficiency in Python or R for data processing and analysis is highly desirable. 
  • Demonstrated ability to synthesize complex modelling outputs into actionable policy and market insights. 

Remuneration: As per market standards in India. 

Perquisites*: 

  • We believe in having work life balance; hence we break for holidays once in summer (2 weeks) and once in winter (2 weeks) – Yes the entire team takes a break! 
  • We have 5-day hybrid working week- 3 days in office and 2 days work from home. 
  • We believe in a diverse and inclusive working environment to help stimulate and inspire us. 
  • We are a flat organisation which encourages collaboration, innovation and problem solving to work towards our common goal as a cohesive team with collective responsibilities. 
  • We are a dynamic team where ideas and contributions matter more than titles. 
  • Get mentored by working closely with high- level senior experts from across the world. 

*Subject to company policy and guidelines  

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