Energy Market Modelling Consultant

2 weeks ago

London, Greater London, United Kingdom Lane Clark & Peacock LLP. Full time

LCP Delta is a consulting, research & technology practice, providing our clients with leading analysis, information, insights, and advice on the energy transition.Our team is filled with passionate people with expertise across the whole energy value chain.

One particular focus area of LCP Delta is our electricity market modelling. We have provided GB power market modelling for over a decade, supporting the UK government's market reforms and Net Zero strategy, and providing the security of supply models used by National Grid ESO. Our work with industry is used to support investment decisions spanning a range of technologies and to understand the impact of market and policy changes on their portfolios.

Our energy market models are built inhouse, and our modelling team includes developers, modellers and energy market experts. We typically model the development of the power sector through to 2050, simulating the granular half-hourly dispatch decisions as well as the long-term investment decisions, based on capturing the underlying fundamentals of the market.

As a Consultant in LCP Delta's energy modelling team you will be involved in a diverse range of projects, covering both client and non-client work. Areas of work you may be involved in include:

  • Working with major energy industry participants to provide analysis to aid in their commercial and strategic decision making
  • Assisting government in understanding the effect of their energy policies
  • Bespoke modelling to aid decision making in a wide range of situations
  • Understanding and modelling the opportunities and risks associated with new generation and storage asset investment

What will you be doing?

  • Designing solutions to the complex problems our clients in the energy industry face and present these solutions in an accessible manner
  • Planning and delivering all aspects of project work, from bid writing through to final delivery
  • Demonstrating an in-depth understanding of the UK electricity market and the implications of energy market developments for modelling and analysis
  • Helping develop and grow the business in new areas
  • Managing junior members of the team

What skills, experience and qualities are we looking for?

  • A strong background and experience in the UK electricity market in an analytical role and possess a 2:1 degree or better in a numerate subject, e.g. mathematics, statistics, computing, engineering, economics or equivalent
  • Good grounding in the methods involved in long term power market forecasting, as well as the ability to sense check model results
  • Comfortable leading a project team of ranging seniority and line managing junior team members to contribute to their growth and development
  • Be able to demonstrate initiative in every aspect of your work and be creative in developing original solutions to problems
  • Strong communication skills. An essential part of this role is to be able to communicate effectively both orally and in written communications
  • Be confident, have good presentation skills and be able to explain complex issues to others
  • Highly proficient in Excel and PowerPoint and have experience in using electricity market modelling software
  • Ability to manage your work effectively, initially with help from other team members, to ensure that you complete the work assigned to you efficiently and on time

What's in it for you?

Take a look at our Glassdoor page to see why our people love being here As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

  • Hybrid working (varies by role and department)
  • professional study support (where applicable)
  • Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks

For your family:

  • Life assurance (6 x salary)
  • Income protection
  • Enhanced maternity/paternity/adoption and shared parental leave

For your health:

  • 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly) with options to buy & sell holiday
  • Private medical insurance
  • Discounted gym memberships, critical illness and dental insurance through our flexible benefits
  • Cycle to work scheme
  • Digital GP services

For your wealth:

  • Discretionary bonus scheme
  • Season ticket loans

For others:

  • Volunteering opportunities

For the environment:

  • Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - to discuss how we can support you with your application.

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