Senior Energy Market Analyst

We’re looking for a passionate Senior Energy Market Analyst to join our Strategy and Regulation Team! As an Energy Market Analyst within the Market Analytics team, you will be part of a team that navigate future pathways for Group Strategy, Innovation and Market Analytics (SIMA) by quantifying risks and opportunities for National Grid. The team combines the latest market intelligence, deep energy sector expertise and sophisticated modelling tools to provide insights that matter right across the business. We provide a trusted view on energy markets outlook and share insights that help the business to make informed commercial and strategic decisions.

You will be part of a team that focuses on supporting National Grid Ventures (NGV), offering analysis on Interconnectors and Offshore Hybrid Assets, both for existing projects and future business development activities.

This role can be based out of our Strand (London) or Warwick office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

What You'll Have

• Analyse market data to draw inferences and present results in a clear and understandable format to management and key stakeholders.
• Develop data dashboards and employ sophisticated analytics, machine learning, and/or statistical methods to bring data to life.
• Deliver socio-economic cost benefit analysis to support the Electricity Transmission business in their decision-making process for new projects.
• Engage with projects directors to support in the development of investment cases for new transmission infrastructure projects.
• Modelling of the GB & European power markets to support key commercial projects, investment decisions, business planning, strategic planning, and new business opportunities.
• Support Group Strategy, M&A, Business Development, Corporate Affairs, Commercial Operations with ad hoc market analysis, modelling and assessments of market impacts.
• Develop and improve Market Analytics’ in-house market models, ensuring they are fit for purpose. Articulate and explain market model inputs/outputs to internal and external stakeholders.
• Contribute to the development and maintenance of European Power Market Scenarios by providing the modelling tools and insightful analysis on supply-demand balance.
• Train and develop new and junior team members.

What You'll Have

• A Bachelor’s Degree.
• Self-motivated, interested in the energy sector and decarbonisation challenges, responsible individual.
• Understanding of the energy markets and ideally GB and EU power sector fundamentals and the electricity industry landscape.
• Strong quantitative, analytical, and modelling skills.
• Experience (or education) with Excel, Python, VBA or other programming skills; familiarity with Power BI or other data visualisation/dashboard development packages is a plus.
• Experience (or education) developing or employing energy market models. Previous experience with commercial production cost modelling software, such as PLEXOS, Aurora, BID3, etc., is a plus.
• Ability to translate model outputs into insights and explain their impact.
• Demonstrated inter-personal skills and ability to work collaboratively with internal teams, project partners, and external stakeholders to achieve consensus and positive outcomes.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What You'll Get

Up to £65,000 Base Salary dependent on experience.

Plus:

• Annual Bonus (based on personal and company performance) and annual salary review.
• Competitive contributory pension scheme (we double-match your contribution to a max company contribution of 12%.
• 26 days holiday (plus the opportunity to buy more each year).
• Life Insurance at 10 x your basic salary.
• Financial support to help cover the cost of professional membership subscriptions, course fees, books, exam fees and time off for study leave – relevant to your role.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness and wellbeing.
• Career development, ongoing training and support, career progression and plenty of opportunity to progress!.

Further Information

This is a hybrid working role from our Strand (London) or Warwick office with circa 2 days per week in the office. The closing date for this vacancy is Midnight 24 June 25, with interviews due to take place w/c 30 June 25 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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