About the Role
As a senior analyst within the Market Analytics team, you will navigate future pathways for SIMA and the business by quantifying risks and opportunities for National Grid. The team provides a trusted view on energy markets outlook and shares insights that help the business make informed commercial and strategic decisions.
Responsibilities
- Play a leading role in shaping the Strategic Energy Planning Framework, delivering insights across key programmes, including SSEP and CSNP.
- Analyze market data to draw inferences and present results in a clear and understandable format to senior management and key stakeholders.
- Design and develop data dashboards and employ sophisticated analytics, machine learning, and/or statistical methods to bring data to life.
- Lead socio-economic cost benefit analysis to support the Electricity Transmission business in their decision-making process for new projects.
- Partner with projects directors to develop robust investment cases for major transmission infrastructure projects providing economic insight.
- Model GB & European power markets to inform commercial strategy, investment decisions, business planning and new business opportunities.
- Develop and enhance 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, contributing tools and analysis to assess supply-demand dynamics.
- Mentor and develop new and junior team members, supporting capability growth.
Requirements
- Demonstrated inter-personal skills and ability to influence others, work collaboratively and constructively with project partners, external stakeholders, and internal teams to achieve consensus and positive outcomes.
- Ability to translate model outputs into business insight and articulate impact on investment cases.
- Self-motivated, entrepreneurial, and responsible individual.
- An understanding of the process in which future electricity network infrastructure is recommended by the Electricity System Operator is desirable.
- Fluency in Excel with additional Python, Machine learning tools and techniques, VBA or other programming skills (desirable but not essential).
- Familiarity with Power BI or other data visualization / dashboard development packages.
- Experience developing & employing market models.
- Previous experience with commercial production cost modelling software, such as: PLEXOS, BID3, etc. is a plus.
- Applicants must have the legal right to work in the UK without requiring sponsorship now or in the future under the UK points-based immigration system.
Skills
- Python
- Machine learning tools and techniques
- VBA
- Excel
- Power BI
- Data visualization
- Dashboard development
- Market models
- Commercial production cost modelling software
Location
- Warwick
- Strand, London
Work Type
- Hybrid
Experience Level
- Senior
Salary/Compensations
- Up to £74,000
Benefits
- Bonus based on personal and company performance
- Competitive contributory pension scheme (company will double match contribution to a maximum of 12%)
- Share incentive plan
- Salary sacrifice car scheme
- Salary sacrifice technology scheme
- Employee assistance lines
- Matched charity giving
About the Company
- National Grid touches the lives of almost everyone, with an energy network that stretches across the Atlantic.
- We’re an international team, and our work underpins the lives of millions of people.
- We’re working hard to create value for people today – and shape the future of energy tomorrow.
- In the UK, we don’t generate or sell energy – we join the dots to get energy from A to B.
- Our electricity network puts power in the hands of people.
- The world of energy is changing beyond recognition.
- Working at National Grid, you won’t just be touching the lives of almost everyone in the UK – you’ll be shaping the way we use and consume energy for generations to come.
- The energy system will continue to change rapidly and fundamentally on the path to net zero in 2050.
- National Grid is at the heart of these changes, which poses strategic questions for us as a business and for the wider sector.
- We need to move at pace and reform our energy system – to deliver energy security, to tackle climate change and to protect our people.
- Group Strategy, Innovation and Market Analytics (SIMA) leads on answering high-level strategic questions for National Grid and working with external stakeholders to collectively answer broader questions for the whole industry.
Equal Opportunity
- We value diversity and are committed to creating an inclusive workplace for all.
- We welcome applications from all suitably qualified candidates – we make appointments purely on merit, assessed against objective selection criteria.
- We support flexible working and will make reasonable adjustments throughout the recruitment process should you have any physical or mental impairment which may affect your ability to participate in the process.
- All applications are welcome from candidates who meet these requirements, regardless of race, nationality, or ethnic origin.
