Title:  Investment Strategy Manager - NESO

About the role

National Energy System Operator’s (NESO) strength lies in our people. Together, we’re shaping the future where clean, affordable energy is accessible for all. Every day is an opportunity to make a real difference, accelerating the progress of sustainable GB energy, keeping people connected and society thriving as we create a brighter tomorrow.

The Investment Strategy Manager will play a pivotal role in driving the transition to a clean power system by leading the development and implementation of investment strategies for low carbon technologies. 

This leadership position will ensure that investment packages are aligned with new wholesale market arrangements announced as part of the REMA programme and developing support mechanisms that foster investor confidence and provide future system reliability. This team will be responsible for the interaction of investment policies/mechanisms with markets throughout the market design implementation process.

The Investment Strategy Manager will lead a team of talented economic analysts, data scientists and policy specialists. This role requires a strategic mindset, strong leadership abilities, a deep understanding of the role of investment in the energy sector and the ability to distil technical information into easy-to-understand summaries and policy papers. The Investment Strategy Manager will collaborate closely with key stakeholders, including DESNZ and Ofgem. 

This role can be based from Wokingham, Warwick, Glasgow, and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.

About you

We’re forging the path, and we know we can’t do it alone. That’s why we need visionary minds like yours to join us on this transformative journey. In this case, we’re looking for someone who has:
•    Strong background in energy market design, energy investment with a proven track record of successfully managing complex projects and driving strategic initiatives.
•    Knowledge of energy markets, investment mechanisms, challenges and opportunities of the current market arrangements in combination with how they work with investment mechanisms.
•    Experience of policy development and implementation.
•    Strong leadership skills, with the ability to inspire and motivate a diverse team.
•    Excellent communication and stakeholder management abilities, with experience collaborating with government departments and industry stakeholders.
•    A strategic mindset with the ability to understand and distil complex technical information to make informed decisions and influence others. 
•    Experience operating/trading in GB electricity markets a strong advantage

About us

National Energy System Operator’s (NESO) mission is to facilitate the decarbonisation of Great Britain’s energy network and ensure the delivery of reliable, affordable, and clean electricity for consumers. We work with stakeholders across the whole energy industry to plan for future network needs, using a wider adoption of technology and changes in consumer behaviour, as well as ensuring we have the right markets, networks, and frameworks in place, to transform the way we operate tomorrow.

Join us, and let’s energise progress.
Your energy, our future, together.

About the National Energy System Operator (NESO)

In Autumn of 2024, the ESO transitioned to National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator is the independent body responsible for planning Great Britain’s electricity and gas networks and operating the electricity system.  

The ESO, including all of its existing roles, are now at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users’ need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them. 

The organisation is set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As was the ESO, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all. 

The time to deliver is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.
 

What you'll get

A competitive salary between £65000 – £75000 – dependent on experience and capability.
As well as your base salary, you will receive a bonus of up to 15% of your salary for stretch performance, 28 days annual leave as standard, and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. 
You will also have access to a comprehensive benefits package tailored to support your well-being and professional success. From a competitive salary to flexible work arrangements, we promote your work-life balance. Enjoy fit for purpose wellbeing and lifestyle offerings, ongoing skill development aligned to our Purpose and Values, and be part of a supportive community that values your individuality and where you can belong.

Key Accountabilities

• Provide horizon scanning of commercial policy developments, understanding impacts on the commercial regime through engagement with the wider business / customers and stakeholders.
• Lead on, and be accountable for, National Grid’s input into, National Grid and industry-raised regulatory modifications, including negotiating with, and influencing, internal and external stakeholders to ensure buy in to such proposals.
• Co-ordinate and drive the implementation required by any of the above modifications by retaining accountability for implementation.
• Lead the debate on the future of commercial strategy and customer policies.
• Lead necessary external engagement with our Customers and Stakeholders through development of tactical engagement / influencing plans.
• Drive timely resolution of strategic customer and stakeholder driven market changes and customer policies required as a result of changing legislation, government policy etc - Ensure that external Statements and audits are delivered on time and to required quality.
• Provide necessary regulatory, technical and commercial input to industry workgroups and working groups.

More Information

This role closes on 26th January  2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. Interviews will be held in the w.c. 3rd and 10th February 2025.
We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. 
We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.
 

#LI-MM1