Market Outlook Manager - ESO

About The Role

This is a new technical leader role within the ESO. In the role of Market Outlook Manager, you will build and develop a new team that will be responsible for leading delivery of market fundamentals analysis across power and gas markets that is used to support season-ahead preparations (up to around 1 year ahead) and operational decision-making (e.g., week-ahead to day-ahead) in the ESO, with a particular focus on energy security of supply. This team will also be responsible for leading on the production of the Summer and Winter Outlook Reports.

This role will be based in Wokingham. We continue to offer hybrid working from office and home. This is a full-time role, and we offer flexible working arrangements. 

Key Responsibilities

• Lead development and delivery of market fundamentals analysis across GB power, European power and global gas markets
• Derive and provide timely insight to support ESO operational modelling and decision-making covering season-ahead preparations through to week-ahead / day-ahead with a particular focus on risks to energy security of supply
• Communicate key messages effectively to a range of senior and energy industry stakeholders, including Government and Ofgem
• Support the ESO’s external engagement activities including leading the delivery of the ESO’s Summer and Winter Outlook Reports
• Build, coach and develop a small analytical team of 3

About You

We would be interested in hearing from you if you have skills or experience in some of the following:

• Deep understanding of market fundamentals of power generation economics, global gas markets and carbon emissions trading
• Strong knowledge of both GB and European power markets, particularly France, Germany, Ireland and Nordic markets
• Previous experience in related roles e.g., energy trading including portfolio optimisation, modelling electricity market fundamentals would be highly desirable
• Excellent communication skills including the ability to derive insight quickly from multiple sources of information and communicate complex ideas to a range of audiences
• Proven track record of building and sustaining effective business relationships with a broad range of stakeholders
• Building and leading analytical teams

Diversity, equity, and inclusion are at the heart of who we are and what we do. Our commitment to these values is unwavering and they are central to our mission. We encourage applications from all backgrounds, communities and industries and we are happy to discuss any reasonable adjustments that you require.

What You'll Get

This role offers a competitive salary between £60,000 - £70,000 per annum dependent on capability. As well as your base salary, you will receive a bonus based on personal and company performance 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 several flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

About Us

As the Electricity System Operator (ESO) for Great Britain we are in a privileged position. We sit at the heart of the energy system, balancing electricity supply and demand second by second. We keep the lights on and the electricity flowing directly to where it’s needed.

We are also thinking about where our energy will come from in the future and how we will operate a greener and cleaner system. One of the goals we have set for ourselves is to be able to run a zero-carbon electricity system by 2025. This will be instrumental in helping the UK meet its wider zero-carbon target.

More Information

This role closes on March 30th, 2023, 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.

At National Grid ESO, 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, treated, and able to reach their full potential.

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