Senior Originator
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The Opportunity
The role of an Originator is to provide support to the Principal Originators and Head of Structured Origination in defining the company approach to wholesale electricity markets, revenue models and corporate/utility off-takers.
You will help define optimum route-to-market and revenue management strategies and execute them, leveraging on a deep knowledge of electricity trading and commercial structuring.
The Originator supports the creation of opportunities for revenue generation and budget certainty as well as negotiating contracts to underpin investment decisions and which lead to the construction of pipeline assets. The role provides expertise to support our UK and Irish commercial efforts and market insight to identify new opportunities.
Pay, benefits and culture
At EDF Renewables we're dedicated to doing good things and we take pride in tackling the world's biggest challenge - climate change. We do this by embracing new ideas to create an innovative and open-minded culture, a culture where we trust the best versions of ourselves to make good things happen.
Alongside a competitive salary, bonus, and a market-leading pension scheme, we offer a range of flexible benefits, and employee discounts to help you thrive across all aspects of your life. You can spend your flexible fund on the benefits that matter to you, whether that's an electric vehicle, private healthcare, or additional holiday.
We'll offer you the flexibility, freedom and responsibility to make an impact in your role; whether that's on-site, in the office or hybrid working from home.
We're committed to championing diversity representation across gender, ethnicity, LGBT+, disability and more. This applies to all our roles, underpinned by our Everyone's Welcome inclusion programme.
We're a disability confident employer and we'll do all we can to help with your application, making adjustments as you need.
What you'll be doing.
A key challenge for this role is to successfully secure route to market contracts in highly competitive tender processes run by third parties, in order to support the business' growth objectives.
Other key areas of focus are to build and maintain productive working relationships with development teams to support our growth objectives and provide hedging analysis with recommendations to effectively manage our merchant exposures.
- Originate new business opportunities, for example through partnerships and corporate and utility off-takers.
- Monitor, influence and report to senior stakeholders on opportunities, policy and regulatory developments.
- Negotiate contractual terms with third parties and EDF Energy's Energy Business Solutions as well as engage with internal and external stakeholders at all levels to secure deals.
- Contribute to Origination's route to market strategy which includes the Contracts for Difference auction and identify value opportunities across the business.
- Support in defining, setting and executing the hedging strategy for merchant exposures of the operational portfolio.
- Monitor and analyse the market, supported by attending industry events and building strong networks.
- Support the business by providing commercial, strategic and analytical advice to support the UK and Irish businesses.
What do you need to be great at this role?
As our Originator you will provide knowledge of demand, price and generation risks, risk management (hedging products and strategies) and market fundamentals.
You will also have:
- Knowledge of the UK energy market, corporate sustainability needs and renewable energy.
- Knowledge of wholesale energy markets, regulatory frameworks and energy contract structures
- Knowledge of hedging mechanisms and products.
- Experience of originating and negotiating contracts with end users, ideally including corporates, or specifically negotiating PPAs and other route to market contracts
- Graduate or Masters degree in a quantitative discipline or ability to demonstrate commensurate experience.
Closing date for applications: 28th of November 2024
Location: Based from our Cardinal Place office in London. We're proud to offer a Flexible First approach to work meaning you can work comfortably from home with our offices as your base location.
Why EDF Renewables?
At EDF Renewables UK & Ireland we're committed to tackling climate change. Our rapidly growing team of 500 talented people share an ambition to create a net zero future where clean, green, energy powers all our lives.
It's a huge ambition and time is of the essence if we are to play our full part in meeting the UK and Ireland's challenging net zero targets. With our unique mix of technologies including onshore and offshore wind, solar PV, battery storage and green hydrogen we are the UK & Ireland's most diverse generator of renewable energy.
To achieve our goal of generating a massive 10GW of renewable energy by 2035, we're working with stakeholders and communities throughout the UK and Ireland to unlock the enormous potential of the low carbon energy sector.
If you're passionate about tackling climate change to create the cleaner, greener future we all want, we would love you to come join us.
Join us, and let's do good together.