Power Market Analyst at Shell | London | Rezi

Power Market Analyst at Shell

Power Market Analyst

Shell · London

1 weeks ago

Power Market Analyst

Shell · London

8 days ago
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About the Role

The Fundamentals team provides power price forecasts from day-ahead to long-term horizons (up to 35 years). This position is for a Short/Medium term analyst covering day-ahead to 2 years-ahead. The team combines expertise in power market fundamentals, economics, statistics, machine learning, modelling, weather forecasting, and IT, and collaborates closely with traders, business developers, deal structurers, quants, and gas desks to support trading activities and long-term investment decisions.

Responsibilities

  • Support trading decisions through the development and delivery of power market analysis and views, based on a deep understanding of key intraday and short-term market drivers.
  • Actively contribute to the identification of trading opportunities through analysis, translating market insight into actionable trading signals and commercial outcomes.
  • Build credibility with traders through the delivery of timely, high-quality analysis.
  • Combine qualitative market understanding with quantitative modelling, supported by appropriate tools and techniques.
  • Collaborate with peers across Power, Gas, and Emissions to develop a consistent and scalable cross-commodity view.
  • Deliver and communicate actionable short-term market views, directly influencing trading strategies, positioning, and risk-taking decisions.
  • Develop a market specialisation in a specific area of the power market, while building a broad understanding of global power market dynamics.
  • Analyse and interpret key drivers of power prices, including demand, renewable and thermal dispatch, transmission constraints, and regulatory dynamics, to explain price formation and anticipate market movements.
  • Generate actionable insights by combining stack modelling outputs, market fundamentals, and data analysis to identify trading opportunities and market inefficiencies.
  • Support and mentor junior analysts, contributing to knowledge sharing and team development.
  • Monitor regulatory and market design developments that may impact prices.
  • Collaborate closely with analysts, traders, and gas & emissions teams.

Requirements

  • Proven experience in power market analysis or fundamentals.
  • Hands-on experience with power stack modelling tools (e.g. EPSI, Plexos) to develop, interpret, and challenge power price forecasts.
  • Strong understanding of European power markets, including short-term price drivers.
  • Proficiency in Python and Excel for data analysis and modelling.
  • Experience working with large and complex datasets, including time series data.
  • Strong communication skills, with the ability to present and defend complex analysis to trading stakeholders, and to engage in constructive challenge on market fundamentals.
  • Strong understanding of risk/reward dynamics, with the ability to identify and propose trading ideas.
  • Degree in Engineering, Mathematics, Economics, Computer Science, or a related quantitative discipline.

Skills

  • Power market analysis
  • Power fundamentals
  • Power stack modelling tools (e.g. EPSI, Plexos)
  • European power markets
  • Short-term price drivers
  • Python
  • Excel
  • Data analysis
  • Modelling
  • Working with large and complex datasets
  • Time series data
  • Communication skills
  • Presenting complex analysis
  • Defending complex analysis
  • Risk/reward dynamics
  • Trading ideas
  • Knowledge of specific European power markets or regional dynamics (Desirable)
  • Understanding of ancillary services and power market optimization (Desirable)
  • Familiarity with common modelling pitfalls (e.g. overfitting) (Desirable)
  • Familiarity with flow-based market coupling and transmission constraints (Desirable)
  • Demonstrated ability to generate or contribute to profitable trading ideas (Desirable)

Location

  • United Kingdom

Work Type

  • Regular
  • Flexible working hours
  • Possibility of remote/mobile working

Experience Level

  • Experienced Professionals

Education Level

  • Degree in Engineering, Mathematics, Economics, Computer Science, or a related quantitative discipline

Salary/Compensations

  • Competitive starting salary
  • Annual performance related salary increase

Benefits

  • Opportunity to develop skills
  • Environment valuing honesty, integrity, and respect
  • Balance priorities
  • Progress as a person
  • Continuously grow transferable skills
  • Work at the forefront of technology, trends, and practices
  • Collaborate with experienced colleagues
  • Achieve balance in a values-led culture
  • Flexible working hours
  • Possibility of remote/mobile working
  • Competitive starting salary
  • Annual performance related salary increase
  • Paid parental leave, including for non-birthing parents
  • Diverse career opportunities
  • Wide range of training and development programmes

About the Company

  • Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs.
  • Shell UK aims to play a crucial role in strengthening energy security and delivering the UK's 2050 net-zero goal.
  • Shell aims to be a major investor in the UK energy system by helping customers decarbonise with a focus on transport and industry.

Equal Opportunity

  • Shell is an Equal Opportunity Employer.
  • We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
  • Shell is working to advance an inclusive, psychologically safe and accessible environment where people with disabilities can excel.
  • If you require any accommodations or accessibility adjustments (e.g. assistive technology, communication support, any other) during the application or interview process, please let us know directly via careers@shell.com.
  • We strive to ensure that our process and workplace is accessible to everyone and are dedicated to making reasonable adjustments to support your needs.