Job description
Energy Trader
About the Role
Energy Trader - Warwick (hybrid working)
The Power Trading Team (PTT) is a 24/7 shift trading team that provides a route to market for the National Grid Ventures Interconnector portfolio that is growing to 6.8GW by 2023. Within this role, you will optimise the power imbalance in UK and Europe that results from the operation of the assets, analyse the European power markets and develop projects to optimise the growing portfolio.
You will:
- Become authorised to trade power on the EPEX-Spot power exchange – Current EPEX accreditation and M7 experience preferred;
- Implement current trading strategy to drive value;
- Ensure compliance with relevant legislation is maintained;
- Support the business to optimise planned outages;
- Responsible for forecasting expected system imbalance in day-ahead to within-day timescales in UK and European markets;
- Monitor and report market prices, spreads for NG interconnectors from D+1 – Year 3;
- Identify strategies to minimise overall costs of imbalance;
- Liaise with internal and external stakeholders, including market participants and interconnector customers;
About You
- You will ideally have expert knowledge of either the GB BETTA or North West Europe power market
- An understanding of UK & European power market fundamentals
- Proven analytical skills and a good level of expertise in Excel, VBA etc. (Coding skills are preferred)
- Demonstrable numerical skills
- Happy to work a 7 week shift rota
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 Interconnectors, 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's in it for you?
- A competitive salary of £45,000 - £59,600 depending on experience
- Shift pay allowance of circa 25% for working a 24/7 rota
- An annual bonus based on personal and company performance
- 25 days annual leave (increasing to 26 after two years’ service) plus eight statutory days
- The option to buy additional or sell holiday days
- Generous contributory pension scheme - we will double-match your contribution to a maximum company contribution of 12%.
- Financial support to help cover the cost of professional membership subscriptions, course fees, books, exam fees and time off for study leave – so long as it’s relevant to your role.
- Access to flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.
- 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 that support health, fitness and wellbeing.
About National Grid Ventures
Please click on the link or copy and paste it into your browser
http://www.nationalgrid.com/national-grid-ventures
Advert Close Date
This advert closes on 23rd April at 11:59PM
Interviews will be held week commencing 24th April
We encourage you to submit your application 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.
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