Energy Trader

4 weeks ago

Cheltenham, United Kingdom Noriker Power Ltd Full time

Location: Cheltenham (Central) - On-Site

Type: Full-time / Permanent

Benefits: Private Medical Insurance, Bonus Scheme, Free Parking, The Green Travel Scheme, Profit Sharing, Enhanced Company Pension

**Salary**: Competitive basic salary + top-rate shift allowance & Bonus

**About Noriker Power**

Noriker Power develops and optimises rapid response power systems (grid-scale batteries), providing services such as frequency control and stability to National Grid and power flexibility to market participants. Through its innovative approach and commitment to sustainability, the company has become a leading vertically integrated developer and service provider in the fast-growing UK battery energy storage market.

Noriker Power has developed and constructed over 300MW of large-scale battery and hybrid facilities to support a renewable grid, enough to stabilise 5GW of wind generation and provide electricity to over 250,000 homes.

In the past year, the company signed a strategic cooperation agreement with Equinor, a major player in the energy transition, positioning Noriker Power at the forefront of the sustainable energy revolution and enabling the company's growth to reach new heights.

With a pipeline of larger grid-scale projects, Noriker is now poised to move toward the construction and operational phases, accelerating the development of its projects to drive the sustainable energy revolution forward.

About You

From the early stages of developing trading systems and analysing the electricity market to improving forecasting and trading models, the role is suitable for somebody who enjoys fast-paced environments, problem-solving, and has an interest in leveraging technology to make good decisions. The role involves working a shift pattern of extended days and/or nights.

**Core Responsibilities**
- Contribute to the execution strategy of a 24/7 shift trading team
- Active trading on the UK power market, making buy and sell decisions
- Real time analysis of the UK power market and operation of National Grid balancing actions
- Identification of value creation opportunities, developing trading strategies and asset optimisation models within UK Balancing Services, the BM and power markets
- Collaborate with the software development team on the implementation of expert advisory and automatic trading systems
- Support the business development team around flexible assets and demand, to identify and optimise opportunities in a fast-changing regulatory environment

**Skills / Experience You Need**
- Minimum one year’s commercial experience in the UK energy markets, ideally as a trader or analyst
- Comfortable with Excel or using programming languages (e.g. Python) to interpret large data sets
- Excellent analytical and quantitative skills with keen attention to detail
- Commercially focused with accountable problem-solving abilities, and committed to excellence
- Superb organisation, time management and communication skills
- Ability to work under pressure and to tight deadlines in a fast-paced environment
- Self-motivated and results orientated
- Strong sense of responsibility and contribution to common goals
- Mature outlook with commitment to perpetual learning and continual improvement
- Willingness to work in 24/7 shift rotation
- Eligible to work in the UK

**We are committed to equal opportunities and a working environment based on merit alone.**

**Job Types**: Permanent, Full-time

**Benefits**:

- Company events
- Company pension
- Private medical insurance

Schedule:

- Day shift
- Night shift
- Weekend availability

Supplemental pay types:

- Bonus scheme

Ability to commute/relocate:

- Cheltenham: reliably commute or plan to relocate before starting work (required)

Application question(s):

- Please provide your salary or package expectations for this role.

Work authorisation:

- United Kingdom (required)

Willingness to travel:

- 100% (required)

Work Location: Hybrid remote in Cheltenham

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