Modelling Manager - UK Power
Modelling Manager - UK Power

Modelling Manager - UK Power

Full-Time 43200 - 72000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead energy systems modelling and provide insights for investment analysis and operational performance.
  • Company: Centrica Power is revolutionising energy with a focus on sustainability and community impact.
  • Benefits: Enjoy hybrid working, flexible hours, and comprehensive support for your well-being.
  • Why this job: Join a passionate team dedicated to creating a greener future while developing your skills.
  • Qualifications: Background in quantitative fields; expertise in energy markets and programming skills required.
  • Other info: Be part of a supportive culture that values your growth and ambitions.

The predicted salary is between 43200 - 72000 ÂŁ 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:

At Centrica Business Solutions, we’re proud to partner with over 7,000 organisations globally – helping them to balance planet, with profit. We build, operate and maintain onsite, large-scale energy assets like Solar PV and Combined Heat and Power – to help businesses to save the planet and save money. We’re also transforming the UK’s energy landscape by partnering with landowners and developers to build a 900MW portfolio of new grid-scale solar farms and battery storage assets.

Centrica Power is a leading energy infrastructure company in the UK and Irish market with energy assets across conventional and flexible generation, renewable energy and energy storage. Within the current UK & Ireland portfolio, there is c.ÂŁ2bn gross capital deployed, over 600MW in operation and a further 500MW in construction.

The Modelling Manager – UK Power will provide expert energy systems and market modelling and insights capability to the Centrica Power business. The role will be responsible for forecast market modelling of individual asset classes to support investment analysis and modelling forward operational performance of existing assets for planning and budgeting.

Location: Windsor (Hybrid working), we work in a hybrid, Flexible First way – typically spending 2-3 days a week in the office.

Responsibilities will include:

  • Manage and develop an “internal consultancy” capability within Centrica Power and provide expert advice to support strategy development and execution across a range of operating assets as well as development and acquisition opportunities

  • Quantify portfolio risks and will play a key role in optimising an integrated portfolio to extract maximum value

  • Building bottom-up quantitative models at a unit level to support business case development and operational forecasts

  • Development of our Plexos capability to model the integrated GB and European markets, to provide views of future asset running, commodity prices, balancing market, and volatilities. These forecasts will shape our strategy for investment and growth

  • Provide thought-leadership within Centrica Power, identifying opportunities and threats and working with senior leaders to influence our strategy

  • Engage with our regulatory team to influence regulatory decisions and shape market design, by providing feedback and analysis on all modifications and consultations dealing with the wholesale energy market (ex-ante markets, balancing market, system services market) capacity market, market charges and grid planning

  • Continue to drive the development of Centrica Powers capability towards best-in-class data management. You will also champion and progress the level of data automation within the business

  • Manage priorities within the team to keep commercial focus and ensure timely delivery. A high-level of model quality, for example as determined by back-testing. Also, timely delivery of analysis and market insights capable of supporting and influencing key decision making, in addition to maintaining appropriate and auditable records.

The Person:

  • A qualification and background within a quantitative or scientific field such as mathematics, physics, or engineering

  • Expert knowledge of power and gas markets

  • Experience in forecasting and modelling energy markets in a commercial environment, including the valuation and optimisation of generation assets

  • Understanding of the structure & operations of the UK power market

  • Understanding of the UK energy policy environment

  • Understanding of the UK grid operation, constraints and opportunities

  • Experience of managing and working with professional teams

  • Proficient at programming in Python, Matlab, or a similar

  • Experience of dealing with influencing senior stakeholders

  • Excellent written and verbal communication skills, including the ability to communicate technical concepts to a non-technical audience.

Why should you apply?

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. Visit the link below to discover why we’re a great place to work and what being part of more means for you.

http://www.morethanacareer.energy/cbs

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.

Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.

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Modelling Manager - UK Power employer: Centrica

At Centrica Power, we are more than just an energy company; we are a community dedicated to creating a sustainable future. Our hybrid working model in Windsor promotes flexibility and work-life balance, while our commitment to employee growth ensures that your career development is a priority. Join us to be part of a team that values your contributions and supports your journey towards making a meaningful impact in the energy sector.
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Contact Detail:

Centrica Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Modelling Manager - UK Power

✨Tip Number 1

Familiarise yourself with the latest trends in the UK power market. Understanding current developments and future projections will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the energy sector, especially those involved in modelling and forecasting. Engaging with industry experts can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your programming skills, particularly in Python or Matlab. Being able to showcase your technical abilities during discussions can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss how you would approach building quantitative models for energy assets. Having a clear strategy and examples ready can impress interviewers and show your capability for the role.

We think you need these skills to ace Modelling Manager - UK Power

Expert knowledge of power and gas markets
Forecasting and modelling energy markets
Valuation and optimisation of generation assets
Understanding of the UK power market structure and operations
Knowledge of UK energy policy environment
Familiarity with UK grid operation, constraints, and opportunities
Proficient in programming languages such as Python or Matlab
Experience in managing professional teams
Excellent written and verbal communication skills
Ability to communicate technical concepts to non-technical audiences
Strong analytical and quantitative skills
Experience in data management and automation
Stakeholder engagement and influencing skills
Project management and prioritisation abilities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in energy systems and market modelling. Emphasise your qualifications in quantitative fields and any specific projects that demonstrate your expertise in forecasting and modelling energy markets.

Craft a Compelling Cover Letter: In your cover letter, express your passion for sustainability and how it aligns with the company's mission. Mention specific aspects of the job description that excite you and how your skills can contribute to Centrica Power's goals.

Showcase Technical Skills: Clearly outline your programming skills, particularly in Python or Matlab, and provide examples of how you've used these skills in previous roles. This will demonstrate your capability to handle the technical demands of the Modelling Manager position.

Prepare for Potential Questions: Anticipate questions related to your understanding of the UK power market and energy policy. Be ready to discuss how you would approach modelling and forecasting in this context, showcasing your analytical thinking and problem-solving abilities.

How to prepare for a job interview at Centrica

✨Showcase Your Technical Expertise

Make sure to highlight your qualifications in quantitative fields like mathematics or engineering. Be prepared to discuss your experience with power and gas markets, as well as your proficiency in programming languages such as Python or Matlab.

✨Understand the UK Energy Landscape

Familiarise yourself with the structure and operations of the UK power market, including energy policies and grid operations. This knowledge will demonstrate your commitment to the role and your ability to contribute effectively.

✨Prepare for Stakeholder Engagement

Since the role involves influencing senior stakeholders, practice articulating complex technical concepts in a clear and concise manner. Think of examples where you've successfully communicated with non-technical audiences.

✨Demonstrate Leadership and Team Management Skills

Be ready to discuss your experience in managing professional teams and driving projects to completion. Highlight any instances where you’ve optimised processes or improved data management within a team setting.

Modelling Manager - UK Power
Centrica

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