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 rewards, and support for your well-being.
- Why this job: Make a real impact on the UK's energy transition and shape a sustainable future.
- Qualifications: Degree in a quantitative field and experience in GB power markets required.
- Other info: Empowering environment with opportunities for personal and professional growth.
The predicted salary is between 70000 - 90000 £ per year.
We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes. Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future. Join us, be part of more.
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. We’re 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.
Why should you apply? We’re not a perfect place, 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.
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.
GB Power Markets Lead - London in West Wickham employer: Centrica
Contact Detail:
Centrica Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land GB Power Markets Lead - London in West Wickham
✨Tip Number 1
Network like a pro! Reach out to current employees at Centrica on LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the GB Power Markets Lead role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by diving deep into Centrica's projects and values. Show that you’re not just interested in the role, but also in how you can contribute to their mission of energising a greener future. Tailor your answers to reflect their goals!
✨Tip Number 3
Practice your storytelling skills! Be ready to share specific examples from your past experiences that demonstrate your expertise in power markets and forecasting. Make sure these stories highlight your problem-solving abilities and how you’ve made an impact.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Centrica family. Let’s get you on board!
We think you need these skills to ace GB Power Markets Lead - London in West Wickham
Some tips for your application 🫡
Show Your Passion for Sustainability: When writing your application, let your enthusiasm for a greener future shine through! We want to see how your values align with our mission at Centrica. Share any relevant experiences that highlight your commitment to sustainability and innovation.
Be Clear and Concise: We appreciate straightforward communication. Make sure your application is well-structured and to the point. Highlight your key achievements and skills that relate directly to the GB Power Markets Lead role, so we can easily see why you’re a great fit!
Tailor Your Application: Don’t just send a generic application! Take the time to tailor your CV and cover letter to reflect the specific requirements of the role. Mention how your background in power markets and analytics makes you the ideal candidate for this position.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details about our company culture and values there!
How to prepare for a job interview at Centrica
✨Know Your Market
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. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific market changes or forecasting scenarios. Think through potential challenges and prepare structured responses that highlight your analytical skills and decision-making process.
✨Showcase Your Stakeholder Engagement Skills
Since this role involves significant cross-functional influence, be ready to discuss your experience in engaging with various stakeholders. Share examples of how you've reconciled differing views and landed decisions, showcasing your ability to communicate effectively.
✨Demonstrate Your Analytical Approach
Be prepared to talk about your hands-on experience with market forecasts and analytics. Highlight any relevant tools or methodologies you've used, and be ready to discuss how you assess the strengths and weaknesses of different forecasting models.