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Senior Energy Market Analyst

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About Energy Exemplar

In an era where the world is rapidly advancing towards a cleaner future through decarbonization, stakeholders from across the entire energy value chain are having to navigate the complexities of the energy ecosystem. We seek to enable our customers to do so with confidence.

Our mission: Empowering Transformative Energy Decisions.

Founded in 1999 in Adelaide, Australia, Energy Exemplar's award-winning PLEXOS® modeling and simulation software is trusted by innovative organizations across the globe. On one unified platform, stakeholders from across the entire energy value chain are revolutionizing the energy ecosystem and seamlessly planning for the future of energy with unprecedented clarity, speed, and innovation.

Our impact is global and is being recognized across the industry:

  • Finalist for the 2024 Reuters Global Energy Transition Awards in the 'Technologies of Change' category
  • Finalist for the 2024 Go:Tech Awards in the 'Most Innovative Use of Technology' category
  • 2022 USEA/USAID Corporate Volunteer of the Year
  • 2022 Impact Award Winner for our impact on the energy industry and the current energy transition

Energy Exemplar has grown significantly over the past few years, and we are continuing to do so at around 30% year on year. We don't just celebrate the excellence of our products but champion the quality of our people. They own their outcomes and perform to their best - every day. That's what makes us who we are and a great place to work. Our core values 'Customer Success', 'One Global Team', 'Integrity and Ownership' and 'Innovation Excellence' reflect the way we work and are always at the forefront of everything we do.

About the Position

As a member of the EMEA Solutions team, first and foremost the candidate will become a subject matter expert in European energy markets. In particular, this role sits within the Power Systems team, which focuses on energy system planning, and works heavily with entities such as System Operators, Transmission Operators, Regulators and other public entities/governmental organizations.

The ideal candidate will already have a strong background in energy market economics, be familiar with wholesale market trends, and an understanding of the key market drivers. Furthermore, the candidate should have a good understanding of how fundamental models can be utilized by market participants to support decision making. Particular areas of expertise:

  • Use of fundamental market modelling tools to forecast energy prices and cross border flows in short, medium and long term time horizons.
  • Use of market modelling and portfolio optimization models in pre-trade decisions (physical energy trading and/or prop trading)
  • Use of market models to understand Value at Risk, and develop medium term hedging strategies.
  • How to apply models to optimize strategy for participation in secondary markets (Balancing Markets, Ancillary Services Markets, etc).
  • Evaluation of impact of disruptive technologies on longer term energy markets.
  • Use of Modelling to support strategic/investment decisions.

The role has two primary objectives: Firstly, lead projects to deliver energy market models and to implement Energy Exemplar's PLEXOS software; Secondly support business development by generating thought leadership for consumption in the market and supporting the sales team by providing domain and technical expertise throughout the sales process.

In a model delivery function, the Energy Market Analyst will also perform project implementation functions:

  • Lead requirements gathering workshops with the objective to understand customers desired outcomes.
  • Design innovative modelling approaches, primarily using the PLEXOS software, to deliver upon customer needs. This may be via enhancing Energy Exemplar standard simulation ready datasets, or building models from the ground up based upon customers own data.
  • Provide guidance on industry best practices and modelling. Where necessary, work with customer to develop market assumptions as input to the models.
  • Help customers to analyse the models and understand the outcomes. Where outcomes do not align with customer expectations, make recommendations to modify the underlying data or modelling assumptions.
  • Perform model calibration in order to align model outcomes with historical benchmarks.
  • Provide consultation around how customers can use PLEXOS as a tool to enable strategic changes within their organization. Define business process and change management programmes.
  • Develop test plans and implement various test cases. Work with the product support team to resolve issues.
  • Provide training on the use of the PLEXOS modelling software.

In a business development capacity, the Energy Market Analyst will perform the following functions:

  • Create Proof of Concept studies by developing models which demonstrate the potential of Energy Exemplar's solution to meet customer needs.
  • Support the sales team in meetings with prospective clients. Understand the prospects business challenges and propose innovative solutions based upon Energy Exemplar product offerings.
  • Deliver technical presentations and product demonstrations.
  • Work with product management to provide feedback on market requirements and enhance the product roadmap.
  • Create technical proposal documents and respond to RFI's/RFP's
  • Respond to technical questions related to Energy Exemplar solutions.
  • Carry out research and understand trends and developments in EMEA energy markets, providing thought-leadership towards customers.
  • Starting from Energy Exemplar energy market simulation ready data sets, develop original energy market studies on trending topics.
  • Present studies at conferences and/or EE sponsored webinars.

This is a customer facing role, and therefore successful candidates will not only have strong modelling capabilities and domain expertise, but also have excellent communication skills, be outgoing, professional, driven and able to multi-task in a dynamic and often changing environment.

Our customers use our products to help shape the future of the energy industry, and as such this role offers the opportunity to work with cutting edge technologies, collaborate with key players in energy markets, and solve the most fundamental problems facing the energy sector today.

The role can be based out of our London office, or remote working. The role also offers the opportunity for international travel across the Europe, Middle East and Africa regions.

Candidate Requirements & Qualifications

  • Knowledge of electricity markets, power trading or electrical systems Planning & Operations
  • Experience in energy market supply and demand modelling via optimization/unit commitment (Preferably via commercial tools such as PLEXOS, BID3, Antaras, SDDP, PROMOD, etc)
  • Strong analytical skills
  • Strong interpersonal presence and skills - demonstrated ability to build rapport
  • Proficient with corporate productivity and web presentation tools
  • Excellent verbal and written communications skills
  • Strong listening and presentation skills
  • Ability to multi-task, prioritize, and manage time effectively
  • Self-driven, results-orientated with a positive outlook and a focus on quality
  • Thorough knowledge of standard Microsoft programs - Word, Excel, PowerPoint
  • Ability to manage multiple competing priorities
  • Sense of urgency for goal achievement
  • Strong desire for personal and career advancement
  • A tertiary degree in Electrical Engineering, Energy Economics, Operations Research or similar degree. Ideally the candidate should have specialisation in Electricity Systems (and/or Markets).
  • 3 - 4 years' experience in energy markets with a strong understanding of energy economics and market fundamentals, energy systems operation and/or engineering
  • Knowledge of PLEXOS or other mathematically based optimisation tools

Desired but not required

  • Experience with ENTSO-E working groups, particularly around the TYNDP or ERAA studies

Energy Exemplar is an equal opportunities employer and we value your unique identity and perspective. We are fully committed to providing and fostering a workplace that reflects the diversity of society. Bring your authentic self and help us build an inclusive world together! To support you in being the best version of yourself during the application and interview process, please let us know if you have any specific requirements.

Senior Energy Market Analyst

Energy Exemplar
London, UK
Full-Time

Published on 04/10/2024

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