At a Glance
- Tasks: Lead governance of GB power market forecasts and ensure robust decision-making.
- Company: Join Centrica, a family of brands revolutionising energy for a greener future.
- Benefits: Flexible working, competitive salary, and a supportive community.
- Other info: Be part of a diverse team that celebrates individuality and promotes inclusivity.
- Why this job: Shape the future of energy while making a real impact on sustainability.
- Qualifications: Degree in a quantitative field and experience in GB power markets.
The predicted salary is between 70000 - 90000 £ per year.
We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We’re energisers. One team of 21,000 colleagues that’s energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it.
About your team: Centrica Power is at the forefront of the UK and Irish energy transition. Our portfolio spans flexible and conventional generation, renewable energy, energy storage and nuclear. With over £2bn of gross capital deployed, over 600MW in operation and a further 500MW in construction, we continue with our ambitious growth plans in place, building a Power business that will play a major role in the UK’s low carbon future. We’re involved in some of the most exciting projects in the sector — from our 20% stake in the current UK nuclear fleet, to our 15% investment in the development of Sizewell C, to leading the UK’s first advanced modular reactor programme with X Energy and renewables portfolio. Over the next five years, we’re accelerating investment as part of Centrica’s green growth strategy. This is your opportunity to help shape a business of major strategic significance to Centrica and to the UK’s energy mix.
About your role: Commercial Operations owns the assurance and governance of power market forecasts and assumptions used across Centrica Power for investment decisions and operational planning. This role ensures our forecasts are robust, evidence‐based, clearly documented and fit for decision‐making. As a GB Power Markets Lead, you’ll work closely with Group Fundamentals & Economics (GF&E), Regulations, commercial teams, modelling specialists and external partners to maintain consistent, defensible inputs for investment and operational planning. This is a senior individual contributor role with significant cross-functional influence.
Location: We work flexibly in line with our Flexible First working arrangements believing that empowered colleagues are happier and more productive. There will, however, be a requirement to attend meetings across our Windsor, Reading and London offices.
Responsibilities of the role:
- Lead governance of GB power market forecasts and assumptions, ensuring consistent standards, documentation and audit trails for investment, contracting and operational decisions.
- Define the appropriate forecast inputs for different decision contexts, determining when to use GF&E fundamentals, forward‐curve‐based views or evidence‐based adjustments.
- Translate GB market developments (e.g. design changes, code updates, new products and emerging behaviours) into clear forecast implications and testable hypotheses for Centrica Power.
- Conduct structured “material change” reviews to explain shifts in asset economics or portfolio outcomes and prevent unexplained variances entering decisions.
- Align forecasts with operational reality by working closely with Trading, Operations and asset teams.
- Maintain a single source of truth for GB assumptions, including inputs, rationale, sensitivities, limitations and refresh cadence.
- Deliver regular forecast and assumptions packs, drive cross‐functional alignment and escalate risks with clear options.
- Develop decision‐specific alternative views where required, using simplified simulations, market data and historic analysis (without replicating full fundamental modelling).
- Focus on governance, assurance and decision‐use of forecasts, not day‐to‐day market monitoring or ownership of dispatch/optimisation models.
Here’s what we’re looking for:
- Degree (or equivalent experience) in a quantitative or analytical discipline.
- Relevant training in power markets, forecasting, analytics or risk/governance is advantageous.
- Substantial relevant experience in GB power markets (market analytics, trading support, energy consultancy, utility/IPP commercial, market design/policy teams or forecasting).
- Demonstrable experience owning or supporting market view/forecast governance (release notes, change logs, scenarios, sensitivities, audit trails).
- Strong understanding of GB market mechanics relevant to asset valuation and operations: forward pricing, balancing/imbalance, constraints/local signals, Capacity Market, ancillary services and key code/market reforms.
- Ability to translate market developments into commercial implications for different asset types (energy storage, peakers, CCGT, renewables).
- Confident stakeholder engagement. Able to challenge constructively, reconcile differing views and land decisions with clear rationale.
- Hands‐on experience shaping or challenging market forecasts, with enough modelling literacy to assess strengths, weaknesses and relevance.
- Skilled at producing concise, high‐quality decision outputs for senior audiences.
- High ownership, sound judgement and comfort operating in ambiguity.
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too.
If you’re full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.
We’re looking for people to add to our culture – not fit in with it. We’re building a community where you can be unapologetically you, where differences are celebrated, and where everyone can belong. Real inclusivity also means supporting the different realities our people face. That’s why we have the UK’s best Carers Policy and are continually building our approach to flexibility and wellbeing. Of course, we love having fun too. We’re a people place after all.
GB Power Markets Lead in London employer: Centrica Plc
Centrica Power is an exceptional employer, offering a dynamic work environment in Greater London that champions sustainability and innovation. With a strong commitment to employee growth, flexible working arrangements, and a culture that values diversity and inclusivity, we empower our team to make a meaningful impact in the energy sector. Join us to be part of a collaborative family dedicated to shaping a greener future while supporting your personal and professional ambitions.
StudySmarter Expert Advice🤫
We think this is how you could land GB Power Markets Lead in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their role in the energy transition and be ready to discuss how your skills align with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about what you bring to the table and how you can contribute to their mission. A confident, concise introduction can make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team and the exciting work we do.
We think you need these skills to ace GB Power Markets Lead in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in GB power markets. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects or achievements!
Show Your Passion:Let your enthusiasm for sustainability and energy transition shine through in your application. We’re looking for candidates who are not just qualified but also genuinely excited about making a difference in the energy sector.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate well-structured applications that make it easy for us to see your qualifications at a glance.
Apply Through Our Website:Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Centrica Plc
✨Know Your Market Inside Out
Before the interview, dive deep into the GB power markets. Familiarise yourself with recent developments, key regulations, and market mechanics. This knowledge will not only help you answer questions confidently but also demonstrate your genuine interest in the role.
✨Prepare Real-World Examples
Think of specific instances where you've successfully managed market forecasts or navigated complex stakeholder discussions. Be ready to share these examples, as they will showcase your experience and ability to handle the responsibilities of the GB Power Markets Lead.
✨Showcase Your Analytical Skills
Since this role requires a strong analytical background, be prepared to discuss your approach to data analysis and forecasting. You might even want to bring along a sample of your work or a case study that highlights your skills in producing high-quality decision outputs.
✨Engage with Your Interviewers
Remember, interviews are a two-way street! Prepare thoughtful questions about the company's vision for the future of energy and how the GB Power Markets Lead fits into that picture. This shows you're not just interested in the job, but also in contributing to the company's mission.