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Power Market Analyst

2 months ago

Glasgow, Glasgow City, United Kingdom SSE Full time
About the Role

This is a challenging and rewarding opportunity to join our Energy Economics team as a Power Market Analyst. As a key member of our team, you will play a critical role in providing commercial and economic insights to support SSE's growth plans and ambitions in a low-carbon world.

Key Responsibilities
  • Develop bottom-up forecasts using data analytics, economic assessment, and commercial insight.
  • Produce analysis to support advocacy regarding market policy and regulatory changes.
  • Provide commercial advice for new generation project investments.
  • Areas of responsibility will include imbalance costs, REGO value, PPA valuations, as well as other commercial, economic, and regulatory issues as they arise.
Requirements
  • Experience of data analytics, including sourcing, organizing, and using data for economic and commercial analysis.
  • Expert Excel user, and beneficial to have experience of tools such as Databricks, Power BI, and Python.
  • Experience of building economic models and working with uncertainty to provide forecasts.
  • Demonstrable commercial awareness with the ability to produce conclusions and recommendations.
  • Ability to clearly communicate results and recommendations using a range of media.
  • An understanding of electricity market economics, including power purchase agreements and imbalance costs would be advantageous.
About Our Business

Energy Markets (EM) is the energy markets heart of the SSE Group, securing value for SSE's asset portfolios in wholesale energy markets as we move towards our vision of being a leading energy company in a net zero world. We play a critical role as the short-term energy market asset optimiser, and a long-term energy market adviser, for all SSE's Business Units (across SSE's Wind, Hydro, Low Carbon Thermal, Distributed Energy and Customer portfolios). This role for EM enables SSE to focus its investment in energy markets capabilities (including Trading, Risk Management, Energy Economics, Settlements and Advanced Analytics) in one centre of excellence, with these enhanced capabilities supporting value creation and decision making across the SSE Group.