Open roleExternal
Power Market Analyst - Electricity & Gas
- nottingham, nottinghamshire, NG1 6HL, United Kingdom
- Permanent·Hybrid
- Full time
- £68,000 - £68,000 Per Annum
Job Description
About the Role
Our client is seeking a detail-oriented and analytical Power Market Analyst to join their team in Nottingham , focusing on the UK electricity and gas markets. This role is critical for providing insights into market trends, price dynamics, and regulatory developments that impact energy trading and strategy. You will conduct thorough research, build forecasting models, and prepare reports to support key business decisions. The ideal candidate possesses strong quantitative skills and a deep understanding of energy market fundamentals. You will contribute valuable intelligence to optimize the company's energy procurement and trading activities, playing a key part in navigating the complexities of the UK's energy landscape from Nottingham.
Key Responsibilities
- Analyse historical and forecast data for UK electricity and gas markets .
- Develop and maintain sophisticated market forecasting models.
- Monitor and report on key market drivers, including supply, demand, fuel costs, and regulatory changes.
- Prepare regular market updates and insightful analysis for trading, origination, and strategy teams.
- Evaluate the impact of new policies, such as carbon pricing and renewable subsidies, on market prices.
- Conduct ad-hoc analysis to support business development and risk management.
Requirements
- Bachelor's or Master's degree in Economics, Finance, Mathematics, or a related quantitative discipline.
- 2-4 years of experience in energy market analysis, forecasting, or trading.
- Strong understanding of the UK wholesale energy markets (power and gas).
- Proficiency in statistical software and data analysis tools (e.g., Excel, Python, R).
- Excellent analytical, research, and report-writing skills.
Benefits
- Competitive salary and performance-based bonus.
- Hybrid working model offering flexibility.
- Opportunity to work within a key sector of the UK economy.
- Comprehensive health and pension benefits.
- Professional development and training in market analysis techniques.