Senior Energy Market Analyst

About the Role

As a member of the EMEA Solutions team, first and foremost the candidate will become a subject matter expert in European energy markets.

The ideal candidate will already have a strong background in energy market economics, be familiar with wholesale market trends, and an understanding of the key market drivers. Furthermore, the candidate should have a good understanding of how fundamental models can be utilized by market participants to support decision making, and also have automation and scripting via high-level programming languages and APIs. Particular areas of expertise:

• Use of fundamental market modelling tools to forecast energy prices and cross boarder flows in short, medium and long term itime horizons.
• Use of market modelling and portfolio optimization models in pre-trade decisions (physical energy trading and/or prop trading)
• Use of market models to understand Value art Risk, and develop medium term hedging strategies.
• How to apply models to optimize strategy for participation in secondary markets (Balancing Markets, Ancillary Services Markets, etc).
• Evaluation of impact of disruptive technologies on longer term energy markets.
• Use of Modelling to support strategic/investment decisions.
• Apply scripting skills to automate bulk data ETL and repetitive modelling tasks.

The role has two primary objectives: Firstly, lead projects to deliver energy market models and to implement Energy Exemplar’s PLEXOS software; Secondly support business development by generating thought leadership for consumption in the market and supporting the sales team by providing domain and technical expertise throughout the sales process.

In a model delivery function, the Energy Market Analyst will also perform project implementation functions:

• Lead requirements gathering workshops with the objective to understand customers desired outcomes. 
• Design innovative modelling approaches, primarily using the PLEXOS software, to deliver upon customer needs. This may be via enhancing Energy Exemplar standard simulation ready datasets, or building models from the ground up based upon customers own data. 
• Provide guidance on industry best practices and modelling. Where necessary, work with customer to develop market assumptions as input to the models. 
• Help customers to analyse the models and understand the outcomes. Where outcomes do not align with customer expectations, make recommendations to modify the underlying data or modelling assumptions. 
• Perform model calibration in order to align model outcomes with historical benchmarks.
• Provide consultation around how customers can use PLEXOS as a tool to enable strategic changes within their organization. Define business process and change management programmes. 
• Develop test plans and  implement various test cases. Work with the product support team to resolve issues.  
• Provide training on the use of the PLEXOS modelling software.

In a business development capacity, the Energy Market Analyst will perform the following functions:

• Create Proof of Concept studies by developing models which demonstrate the potential of Energy Exemplar’s solution to meet customer needs.
• Support the sales team in meetings with prospective clients. Understand the prospects business challenges and propose innovative solutions based upon Energy Exemplar product offerings.
• Deliver technical presentations and product demonstrations.
• Work with product management to provide feedback on market requirements and enhance the product roadmap.
• Create technical proposal documents and respond to RFI’s/RFP’s
• Respond to technical questions related to Energy Exemplar solutions.
• Carry out research and understand trends and developments in EMEA energy markets, providing thought-leadership towards customers.
• Starting from Energy Exemplar energy market simulation ready data sets, develop original energy market studies on trending topics. 
• Present studies at conferences and/or EE sponsored webinars. 

 

This is a customer facing role, and therefore successful candidates will not only have strong modelling capabilities and domain expertise, but also have excellent communication skills, be outgoing, professional, driven and able to multi-task in a dynamic and often changing environment.

Our customers use our products to help shape the future of the energy industry, and as such this role offers the opportunity to work with cutting edge technologies, collaborate with key players in energy markets, and solve the most fundamental problems facing the energy sector today.

The role can be based out of our London office, or remote working. The role also offers the opportunity for international travel across the Europe, Middle East and Africa regions.

 

Required Knowledge, Skills and Experience:

Required Knowledge, Skills and Experience

Knowledge and Skills

• Knowledge of electricity markets, power trading, or electrical systems planning & operations

• Experience in energy market supply and demand modelling using optimisation/unit commitment tools (preferably commercial tools such as PLEXOS, BID3, Antares, SDDP, PROMOD, etc.)

• Strong analytical skills

• Strong interpersonal presence and relationship-building skills

• Proficiency with corporate productivity and web presentation tools

• Excellent verbal and written communication skills

• Strong listening and presentation skills

• Ability to multitask, prioritise, and manage time effectively

• Self-driven, results-oriented mindset with a focus on quality

• Thorough knowledge of Microsoft Office programs, including Word, Excel, and PowerPoint

• Ability to manage multiple competing priorities

• Strong sense of urgency and focus on achieving goals

• Strong desire for personal and career advancement

Education and Experience

• Tertiary qualification in Electrical Engineering, Energy Economics, Operations Research, or a related discipline

• Ideally specialised in Electricity Systems and/or Electricity Markets

• 5–7 years’ experience in energy markets, with a strong understanding of:

  • Energy economics and market fundamentals

  • Energy systems operation and/or engineering

• Knowledge of PLEXOS or other mathematically based optimisation tools