Job description
Senior Gas Market Analyst - ESO
About the role
Great Britain's energy systems are undergoing an ambitious, exciting and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.
Working closely with customers and stakeholders, you will gather energy market intelligence and data, undertake analysis and development of modelling tools, to output insight into possible long term energy futures around energy supply for use within a range of industry processes. Focusing on the transition of the natural gas and hydrogen markets, you will take a whole energy system modelling approach, as we work towards Net-Zero and better understand the interaction with the electricity system.
This role is based at our Warwick office which has free onsite parking, and we continue to offer hybrid working from office and home. Leveraging this hybrid working, this team current work typically 1 day per week in the office, which is dependent on personal and business needs.
We are open to full time and part time applicants, as well as flexible working arrangements.
About you
What we do isn’t just important – it’s essential. That’s why we look to recruit experts in their field. In this case, we’re looking for someone who has:
- Experience across energy markets, with an understanding of gas supply, transportation and use of energy, together with awareness of the current and future global economic, market and political issues facing the industry
- Excellent Operational Research skills: experience of market research to gather data and knowledge
- Excellent technical and analytical skills, experience in an analytical role is advantageous
- Experience across the following: economic modelling, statistical analysis, business modelling, simulation modelling, forecasting and scenario creation
- Experience and ability to develop models is advantageous
- High level of computer literacy with excellent spreadsheet skills.
- Logical, creative and practical approach to problem solving and ability to structure complex problems
- Strong interpersonal and communication skills
- Ability to communicate key messages to internal and external stakeholders
Key Accountabilities
- Analysis of whole energy system, hydrogen and gas supply markets for use within scenarios (e.g. decarbonisation pathways to 2050, hydrogen production, gas supply patterns) for use in various business activities including network investment planning and production of licence-obligated documents.
- Maintain and co-ordinate energy intelligence data ensuring that wider influences are considered to ensure breadth and depth of scenarios and ensure continuous improvement and performance excellence for the end to end energy modelling process.
- Proactively communicate internally/externally and liaise with key stakeholders (e.g. Ofgem, the Department for Energy Security and Net Zero, energy network owners, suppliers, shippers and producers) to ensure consistency in assumptions, understanding of method used, identifying areas for future improvement and promoting the Future Energy Scenarios.
- Develop new and existing models to enhance the modelling capability of the Energy Analysis team.
- Provide analysis and work collaboratively within the Strategy and Regulation team to provide both internal and external engagement and thought pieces.
What you'll get
A competitive salary between £48,000 - £55,000 pa – dependent on capability.
As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of 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.
About us
At National Grid ESO, our mission is to meet the challenges of the future and deliver cleaner, affordable electricity. We constantly strive to do this better by using technology and innovation to transform the way we work.
As you may have seen the Government and Ofgem have asked the ESO to take on new roles and responsibilities to help deliver net-zero.
Becoming the Energy Future System Operator is a critical step to help deliver a reliable and clean energy transition for all. The ESO, including all of its existing roles, will be at the heart of the new Future System Operator, taking on additional roles with a whole energy system mindset to drive progress towards net zero while maintaining energy security and minimising costs for consumers.
The new organisation will be set up as a public corporation with operational independence from government – bringing parties together to support optimised decision making and action. As now, it will be licenced and regulated by Ofgem but funded by consumers through price control agreements. It is anticipated that the new organisation will be up and running by or in 2024.
More Information
This role closes on the 20th June 2023 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.
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.
We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
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About National Grid
CEO: John Pettigrew
Revenue: $5 to $10 billion (USD)
Size: 10000+ Employees
Type: Company - Public
Website: www.nationalgrid.com
Year Founded: 1990