Power Market Analyst

Power Market Analyst

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our forecasting team to analyse data and craft power market forecasts.
  • Company: Modo Energy is on a mission to support the global transition to net zero energy.
  • Benefits: Enjoy flexible work options, competitive salary, private healthcare, and 25 days annual leave.
  • Why this job: Be part of a passionate team shaping the future of energy with impactful projects.
  • Qualifications: Bachelor’s degree in a quantitative field and experience with Python or similar programming languages.
  • Other info: We value diversity and encourage applicants from all backgrounds to apply.

The predicted salary is between 36000 - 60000 £ per year.

At Modo Energy, we\’re on a mission to build the information architecture for the energy transition – we want to be the only place to come to for information on the global journey to net zero. Take a look at our platform , where we provide open access to an array of content on the energy transition.

We\’re a dedicated and passionate team building a category-defining business, working on one of the world\’s most important priorities. We are looking for individuals who love product-building, want to work with pace at a mission-oriented startup, and will collaborate with us in shaping the culture of a rapidly growing team.

The Role

The Power Market Analyst role is part of our forecasting team and reports to the Director of Forecasts. The forecasts team’s primary objective is to deliver Modo Energy’s power market forecasts to our users as we build trustworthy revenue projections across multiple geographies and asset classes. These tools are used by organizations across the industry to finance, build, benchmark, and operate the infrastructure assets that will power the energy transition.

You will work closely with the data scientists in the team to analyze data and craft the narrative that ultimately determines our view on the future.

Responsibilities

  • Sourcing, processing, and interpreting large & complex datasets used as inputs to our models.
  • Crafting the narrative that underpins our forecast including our expectations on future policy, market design and more.
  • Analyzing outputs and performing quality assurance to ensure the highest standards are maintained in our published numbers.
  • Interacting with the wider forecasting team to ensure consistency, quality and integrity across the whole forecast product.

Qualifications

  • A bachelor’s degree or higher in a quantitative field such as mathematics, engineering, computer science, physics or a related discipline.
  • Strong quantitative skills with a demonstrated ability to analyze complex data sets a proven track record of solving complex technical problems.
  • Proven ability to produce qualitative deliverables that are directly delivered to external customers, with a track record of handling high-visibility, customer-facing outputs.
  • 1+ years experience using Python (or another programming language e.g. R, C++, Java) and with the scientific computing stack (Numpy, Pandas, SciPy, ScikitLearn, etc.)
  • Familiarity with renewable energy technologies, market design, and regulatory frameworks within European power markets, specifically GB, Germany, Spain, Portugal, France, or Italy.
  • Experience writing technical, report-style content for a professional audience.
  • Strong project management skills, with the ability to manage multiple projects and collaborate with cross-functional teams.

Important Details

  • We are an in-person company that values collaboration and team culture. Everyone works in the office Tuesday through Thursday, with flexibility to work from home or the office on Mondays and Fridays.
  • Modo Energy offers a competitive salary along with a comprehensive benefits package, including private top-tier healthcare and dental coverage with Bupa, a pension scheme with employer contribution, 25 days of annual leave (excluding bank holidays) and 5 flexible days to be taken on a Monday or Friday.
  • Please note that we are only able to consider candidates who already have the legal right to work in the UK, as we are currently unable to offer visa sponsorship.

What you can expect from Modo

We want to attract and retain the best talent at Modo, and we give our people the freedom and opportunity to develop themselves and flourish.

We are committed to building a diverse and inclusive team at Modo, as we believe a variety of backgrounds, skills and interests is what makes our company stronger. If you share our values and our enthusiasm for supporting the transition to greener energy systems, we encourage you to apply. We have a number of positions open which could be for a range of backgrounds and experience levels. Please get in touch if you are interested and you don’t meet all the requirements, or if you exceed them!

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Power Market Analyst employer: SLAMcore

Modo Energy is an exceptional employer dedicated to fostering a collaborative and inclusive work culture, where employees are empowered to contribute to the critical mission of the energy transition. With a competitive salary and comprehensive benefits package, including top-tier healthcare and generous leave policies, Modo prioritises employee growth and well-being, making it an ideal place for those passionate about shaping the future of energy. Located in a vibrant office environment, the company encourages teamwork and innovation, offering flexibility to balance work and personal life.
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Contact Detail:

SLAMcore Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Power Market Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in renewable energy technologies and market designs, especially within European power markets. This knowledge will not only help you understand Modo Energy's mission but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Showcase your quantitative skills by preparing examples of complex data analyses you've conducted in the past. Be ready to discuss how you approached these problems and the impact your work had on decision-making processes.

✨Tip Number 3

Network with professionals in the energy sector, particularly those involved in forecasting and data analysis. Attend industry events or webinars to connect with potential colleagues and gain insights into the challenges they face, which can be valuable during your application process.

✨Tip Number 4

Prepare to discuss your experience with Python and scientific computing tools like Numpy and Pandas. Be specific about projects where you've used these skills, as demonstrating your technical proficiency will be crucial for the Power Market Analyst role.

We think you need these skills to ace Power Market Analyst

Strong Quantitative Skills
Data Analysis
Python Programming
Scientific Computing (Numpy, Pandas, SciPy, ScikitLearn)
Complex Problem Solving
Technical Writing
Knowledge of Renewable Energy Technologies
Understanding of Market Design and Regulatory Frameworks
Project Management
Quality Assurance
Collaboration with Cross-Functional Teams
Ability to Craft Narratives from Data
Attention to Detail
Experience with Customer-Facing Outputs

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications of the Power Market Analyst position. Familiarise yourself with Modo Energy's mission and how your skills align with their goals.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that match the job description. Emphasise your quantitative skills, programming experience, and any familiarity with renewable energy technologies.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the energy transition and your understanding of the power market. Use specific examples from your past experiences to demonstrate how you can contribute to Modo Energy's objectives.

Showcase Your Technical Skills: In your application, be sure to mention your proficiency in Python or other programming languages, as well as your experience with data analysis tools. Highlight any projects where you've successfully handled complex datasets or produced technical reports.

How to prepare for a job interview at SLAMcore

✨Understand the Energy Transition

Familiarise yourself with the current trends and challenges in the energy sector, especially regarding the transition to net zero. Being able to discuss recent developments and how they impact power markets will show your genuine interest in Modo Energy's mission.

✨Showcase Your Analytical Skills

Prepare to discuss specific examples of how you've sourced, processed, and interpreted complex datasets in previous roles. Highlight any experience you have with Python or similar programming languages, as well as your familiarity with scientific computing libraries.

✨Craft a Compelling Narrative

Since the role involves crafting narratives around forecasts, think about how you can present data-driven insights in a clear and engaging way. Be ready to demonstrate your ability to translate complex information into understandable content for various audiences.

✨Emphasise Collaboration and Project Management

Given the importance of teamwork at Modo Energy, be prepared to discuss your experience working in cross-functional teams. Share examples of how you've managed multiple projects simultaneously and how you ensure quality and consistency in your deliverables.

Power Market Analyst
SLAMcore
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