Market Modelling Manager

We’re looking for a passionate Market Modelling Manager to join our Strategy and Regulation team. As a market modelling manager within the Market Analytics team, you will be part of a team that navigate future pathways and investment cases by quantifying risks and opportunities for National Grid. The team combines the latest market intelligence, deep energy sector expertise and sophisticated modelling tools to provide insights that matter right across the business. We provide a trusted view on energy markets outlook and share insights that help the business to make informed commercial and strategic decisions.

This is a hybrid role based out of our Strand office, and we’d hope to see you at 1/2 days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you.

What You'll Do

• Use your market modelling expertise to develop and deliver critical energy market analysis, derive key business insights and support investment decisions.
• Develop predictive models and future scenarios to provide the analysis on how the energy industry landscape will look in 2050.
• Develop and improve Market Analytics in-house market models, ensuring they are fit for purpose. Develop new tools and models, to capture the latest technology and regulatory trends as they emerge. Articulate and explain market model inputs/outputs to internal and external stakeholders.
• Analysing and modelling of the UK and European power markets to support key commercial projects for NG Ventures and other NG businesses covering mainly UK projects, investment decisions, business planning, strategic planning, and new business opportunities.
• Work collaboratively with cross-functional teams, including Group Strategy, Electricity Transmission, Electricity Distribution providing ad hoc market analysis, modelling insights, and assessments of market impacts.
• Ensure that the team applies consistent fundamental beliefs across our base case views and scenarios.
• Prepare comprehensive briefing notes on market developments, regulatory changes, and their business implications.
• Communicate analysis results and foster relationships by liaising with internal and external shareholders.
• Manage and mentor analysts and apprentices and support their educational and career development.
• Attend and present at external conferences and energy industry events.

What You'll Have

• In-depth knowledge of power market fundamentals, power systems analysis and energy economics.
• Advanced programming skills in Excel, Python, VBA, or other.
• Skilled in turning model outputs into business insights and explaining their impact on investments.
• Experience developing & employing market models. Previous experience with commercial production cost. modelling software, such as: PLEXOS, Aurora, BID3, etc. is a plus.
• Excellent inter-personal skills to influence, collaborate, and reach positive outcomes with partners, stakeholders, and teams.
• Strong communication and proactive thinking abilities.
• Self-motivated, entrepreneurial, and responsible.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

What You'll Get

Up to £75,000 dependent on experience.

Plus:

• Up to 15% Annual Bonus (based on personal and company performance)
• 28 days annual leave, plus eight statutory days in addition
• The option to buy additional or sell holiday days every year
• A generous contributory pension scheme - we will double match your contribution to a maximum company contribution of 12%
• Financial support to help cover the cost of professional membership subscriptions
• Life Insurance 10 x base salary.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness, and wellbeing.

Further Information

This is a hybrid working role from our Strand office with circa 2 days in the office. The closing date for this vacancy is Midnight 7 Mar 25, with interviews due to take place w/c 17 Mar 25 Feb onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

At National Grid, 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. Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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