GB Power Markets Lead - Strategic Forecast & Governance

GB Power Markets Lead - Strategic Forecast & Governance

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
Centrica

At a Glance

  • Tasks: Lead governance of power market forecasts and ensure robust decision-making for investment.
  • Company: Join a family of brands revolutionising energy for a greener future.
  • Benefits: Flexible working, competitive salary, and opportunities for personal growth.
  • Other info: Dynamic team environment with significant impact on the UK's low-carbon future.
  • Why this job: Shape the future of energy in a role that truly matters.
  • Qualifications: Degree in a quantitative field and experience in GB power markets required.

The predicted salary is between 70000 - 90000 £ per year.

Join us, be part of more. 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: GB Power Markets Lead – Commercial Operations owns the assurance and governance of power market forecasts and assumptions used across Centrica Power for investment decisions and operational planning. This senior individual contributor role ensures our forecasts are robust, evidence‑based, clearly documented and fit for decision‑making, and works closely with Group Fundamentals & Economics, Regulations, commercial teams, modelling specialists and external partners to maintain consistent, defensible inputs for investment and operational planning.

Location: We work flexibly in line with our Flexible First working arrangements. 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 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 elevate 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.

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.

GB Power Markets Lead - Strategic Forecast & Governance employer: Centrica

At Centrica, we are more than just an energy company; we are a community of 21,000 passionate individuals dedicated to driving a greener and fairer future. Our flexible working arrangements, commitment to employee growth, and involvement in groundbreaking projects within the UK and Irish energy transition make us an exceptional employer. Join us to not only advance your career but also contribute to meaningful change in the energy sector.

Centrica

Contact Details:

Centrica Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land GB Power Markets Lead - Strategic Forecast & Governance

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We can’t stress enough how important it is to build relationships; you never know who might help you land that dream job.

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 mission. We want to see your passion for making a difference!

Tip Number 3

Practice your pitch! You should be able to clearly articulate your experience and how it relates to the role. We’re looking for candidates who can confidently communicate their value and fit within our team.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace GB Power Markets Lead - Strategic Forecast & Governance

Governance of Power Market Forecasts
Quantitative Analysis
Market Analytics
Forecasting
Risk Management
Stakeholder Engagement
Decision-Making

Some tips for your application 🫡

Show Your Passion for Energy:When writing your application, let your enthusiasm for the energy sector shine through. We want to see how your values align with our mission of creating a greener, fairer future. Share any relevant experiences that highlight your commitment to sustainability and innovation.

Tailor Your Application:Make sure to customise your CV and cover letter for the GB Power Markets Lead role. Highlight your experience in power markets and governance, and connect your skills to the specific responsibilities mentioned in the job description. We love seeing candidates who take the time to make their application stand out!

Be Clear and Concise:We appreciate clarity in applications! Use straightforward language and avoid jargon where possible. Make your points succinctly, especially when discussing your experience with market forecasts and decision-making processes. This will help us quickly understand your fit for the role.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company and culture while you’re at it!

How to prepare for a job interview at Centrica

Know Your Market Inside Out

Make sure you brush up on your knowledge of the GB power markets. Understand the key mechanics, recent developments, and how they impact asset valuation and operations. Being able to discuss these topics confidently will show that you're not just interested in the role but are genuinely engaged with the industry.

Prepare for Scenario-Based Questions

Expect questions that ask you to analyse market changes or forecast implications. Practice articulating your thought process clearly and concisely. Use examples from your past experience where you've successfully navigated similar challenges, demonstrating your analytical skills and decision-making abilities.

Showcase Your Stakeholder Engagement Skills

This role requires strong stakeholder engagement, so be ready to discuss how you've effectively communicated and collaborated with different teams. Prepare examples that highlight your ability to challenge constructively and reconcile differing views, as this will be crucial in aligning forecasts with operational realities.

Demonstrate Your Analytical Acumen

Since the role involves governance and assurance of forecasts, be prepared to discuss your experience with market analytics and forecasting. Highlight any relevant training or projects where you've shaped or challenged market forecasts, showcasing your modelling literacy and ability to produce high-quality decision outputs.