Title:  Market Intelligence Analyst - NESO

Location: 

Wokingham, GB, RG41 5BN

Division:  NESO EMR Modelling
Job Type:  Full Time
Requisition Number:  64881
Department:  ESO
Job Function:  Strategy
Description: 

About the role

 

National Energy System Operator (NESO) recognises the potential of bright and talented individuals, and we encourage you to join us as Great Britain’s energy system undergoes an ambitious, exciting, and vital transformation. Together with industry, we are creating a cleaner, more sustainable energy future.

 

We are looking for an Analyst (Investment) for the Market Intelligence team. The team sits within Energy Security Modelling and plays a pivotal role in ensuring the energy security of Great Britain through fundamental analysis covering GB power, European power and global gas markets. We develop cutting-edge modelling to provide impactful insights and expert advice, supporting critical decisions related to security of supply and future policy development. 

 

In this analyst role, you support the development of financial models for a range of energy assets, projects and technologies throughout wide ranging investment research and market analysis. Working closely with the senior analyst (investment) you will develop market analysis to support the development of robust financial modelling, providing decision-makers with actionable insights.

 

This role can be based from Wokingham, Warwick or 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 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.

 

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.

 

Key Accountabilities

 

  • Support the develop of robust asset models for a range of energy assets, projects and technologies
  • Undertake market modelling to support scenario and sensitivity analysis.
  • Lead stakeholder engagement and conduct investment research following data management and assurance processes to ensure modelling remains accurate and robust.
  • Produce analysis, including clear visualisations, of modelling results that quickly provide stakeholders with the key messages they need to act on methodology or policy decisions (e.g., the potential supply side impacts of changing market conditions) 
  • Engage with teams across NESO to ensure timely delivery of insight that supports decision-making, particularly on energy security of supply
  • Alongside other market intelligence analysts, support development projects in market modelling and forecasting as determined through our annual prioritisation process.

 

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:

  • Experience in forecasting, financial modelling, energy market analysis or investment research
  • Up to date knowledge of electricity markets (GB and Europe) and gas markets (global), familiarity with market structures, price drivers and the regulatory environment. Familiarity with energy market trends, particularly those related to the energy transition.
  • Ability to communicate complex financial and technical concepts, in writing and presentations, to a wide range of audiences.
  • A strong of how different energy asset are valued and the revenue sources available for various assets/technologies and how returns vary with market conditions (preferred)
  • Excellent interpersonal skills with a proven ability to develop and maintain effective stakeholder relationships.
  • Logical and creative approach to solving analytical problems, collaborating across multiple teams where appropriate.

 

What you'll get

 

A competitive salary between £55,000 - £62,000pa – dependent on experience and capability.

 

As well as your base salary, you will receive a bonus based on company performance, 26 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%.

 

As we work towards creating a cleaner, greener, and more affordable future for all, we also work towards creating a place for our teammates to belong, with professional and personal growth and positive well-being.

  • Full support and career-development resources to expand your skills, enhance your expertise, and maximise your potential along your career journey.
  • A diverse and inclusive community of belonging, where teammates are empowered to bring ideas to the table.
  • Generous Total Rewards Plan – comprising of health, finance and wealth, work/life balance, and career benefits.

 

More Information

 

This role closes on 15th June 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.

 

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.

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