Markets Policy Analyst

Markets Policy Analyst

Full-Time 25000 - 35000 £ / year (est.) No home office possible
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Ecotricity Group Limited

At a Glance

  • Tasks: Join a dynamic team to analyse energy policies and their impact on our innovative platform.
  • Company: Ecotricity is Britain's greenest energy company, pioneering renewable energy solutions since 1995.
  • Benefits: Enjoy hybrid working, healthcare plans, generous holidays, and various company discounts.
  • Why this job: Make a real impact in the energy sector while supporting sustainability goals and innovative projects.
  • Qualifications: A degree in a numerate subject or strong analytical skills; experience in the energy industry is a plus.
  • Other info: Be part of a mission-driven company that turns customer bills into renewable energy projects.

The predicted salary is between 25000 - 35000 £ per year.

*About The Role*
Take the next step in your career now, scroll down to read the full role description and make your application.
This role is an exciting opportunity to join a dynamic, fast-growing team ranging from data analysts and software developers through to client facing and contract negotiation roles.
Ecotricity Smart Grid (ESG) provides a route to market for distributed energy resources via our in-house developed asset flexibility platform and optimiser. These will typically be grid scale storage, renewable technologies or aggregated demand side response from domestic and business sites.
At the heart of Ecotricity Smart Grid is our flexibility platform and optimiser, Ecolibrium. This in-house developed software constantly selects between multiple revenue streams, according to their flexibility potential so as to maximise revenue. These revenues arise principally from a variety of grid services and their specific requirements, as well as the trading markets and Balancing Mechanism.
*Overall Description of Duties*
Good policy insight is essential in formulating the strategic direction of travel for Ecotricity Smart Grid, and with the voluminous amount of code changes, modifications, and consultations, this aspect of the role is vital for keeping us apprised of what is ‘coming down the road’.
As a key element of this role you will attend industry working groups and forums, assess policy changes or modifications and crucially, report on the expected impact, where material, to our platform and operations. This will feed into the planning of our technical developments and help to refine our operating strategies to ensure that ESG remains at the forefront of service delivery and deliver the best performance to our customers.
Our industry has frequent consultations on changes to technical and regulatory factors that can strategically affect us, so understanding these consultations, reporting back, and responding where necessary is also a key part of the role.
You will have, or will need to develop, a deep understanding of the energy industry in GB, and potentially further afield. Be comfortable in attending industry workshops, presenting to both internal and external stakeholders and be able to summarise complex industry documentation for a range of audiences.
*Core Responsibilities*
* Following industry developments that affect flexibility service provision particularly from NESO, Ofgem and DesNez. You should be able to glean strategic insights from your work.
* Respond with General Manager to consultations pertinent to this space.
* Work with the analyst team to develop insights to improve our optimisation models
* Provide ad hoc market analysis pieces as required
*About You*
*Skill Set Required*
* Strong analytical, theoretical and numeric skills
* Experience with policy and regulatory documents and the ability to draw insights/ conclusions for the broader team from same
* Ability to articulate and present analysis and draw conclusions /insights from analytics.
* Experience in the Energy Industry.
* Degree in a numerate subject, or a proven track record of quantitative and qualitative analytical abilities, ideally in a commercial setting
* MS Office skills
* Familiarity with BI tools such as Microsoft Power BI, Tableau or other
*About Us*
*What\’s in it for you…*
Healthcare plan, life assurance and generous pension contribution
Volunteering Day
Hybrid Working
Various company discounts (including shops, gyms, days out and events)
Holiday of 25 days (plus bank holidays) & ability to buy/sell days
Cycle to work scheme, car pooling and onsite parking available
As a valued member of the team, you will be supporting the Group Environmental Policy and its associated sustainability objectives and targets.
*Flexibility statement*
The fast moving nature of the company\’s business means that from time to time you may be asked to perform duties or tasks outside of your original job description on an ad hoc basis. This allows the company to use its people in the best possible way at all times and helps the employees to make their contribution in a changing environment.
Ecotricity is Britain\’s greenest energy company. When we started back in 1995, we were the first company in the world to provide a new kind of electricity – the green kind.
Our mission was, and remains, to change the way energy is made and used in Britain – by replacing fossil fuels with clean, renewable energy.
We don\’t just supply green energy, we use the money from our customers\’ bills to make it ourselves too – we build windmills, sun parks and green gasmills in Britain. We call this turning \’bills into mills\’. Some of our biggest achievements to date include building Britain\’s first megawatt windmill and the country\’s first grid-scale sun park, as well as building our first green gasmill, generating 100% green gas from a source that we will never run out of grass.
We don\’t just focus on energy though- we built the Electric Highway, Britain\’s leading network of electric vehicle charging points; we helped Forest Green Rovers become the greenest football club in the world; and we launched Britain\’s greenest mobile phone service, Ecotalk, where they use the money from their customers\’ bills to protect and regenerate Britain\’s lost rainforests.
_Ecotricity is an equal opportunities employer and is committed to providing equality for all._
Job Types: Full-time, Permanent
Pay: £30,000.00-£40,000.00 per year
Benefits:
* Additional leave
* Bereavement leave
* Canteen
* Casual dress
* Company events
* Company pension
* Discounted or free food
* Employee discount
* Free parking
* Life insurance
* On-site parking
* Private medical insurance
* Sick pay
* Work from home
Schedule:
* Day shift
* Monday to Friday
* No weekends
Application question(s):
* Ecotricity offers hybrid working. Are you able to reliably commute to our Stroud office 2/3 days per week?
* Will you now or in the future require sponsorship for employment visa status?
Work authorisation:
* United Kingdom (preferred)
Work Location: Hybrid remote in Stroud GL5 3BY
Reference ID: 2399

Markets Policy Analyst employer: Ecotricity Group Limited

Ecotricity is an exceptional employer, offering a vibrant work culture that champions sustainability and innovation in the energy sector. With a strong focus on employee growth, we provide comprehensive benefits including healthcare, generous pension contributions, and opportunities for hybrid working, all while being at the forefront of green energy solutions in Stroud. Join us to make a meaningful impact as we lead the charge towards a cleaner, greener future.
Ecotricity Group Limited

Contact Detail:

Ecotricity Group Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Markets Policy Analyst

✨Tip Number 1

Familiarise yourself with the latest developments in energy policy and regulations, especially those related to flexibility services. This knowledge will not only help you understand the role better but also allow you to engage meaningfully during interviews.

✨Tip Number 2

Network with professionals in the energy sector by attending industry workshops and forums. Building connections can provide insights into the company culture and may even lead to referrals, increasing your chances of landing the job.

✨Tip Number 3

Prepare to discuss your analytical skills and experiences in detail. Be ready to share specific examples of how you've used data analysis to influence decision-making or policy changes in previous roles.

✨Tip Number 4

Showcase your familiarity with BI tools like Microsoft Power BI or Tableau during discussions. Being able to demonstrate your technical skills can set you apart from other candidates and highlight your readiness for the role.

We think you need these skills to ace Markets Policy Analyst

Strong Analytical Skills
Theoretical and Numeric Skills
Experience with Policy and Regulatory Documents
Ability to Draw Insights from Data
Presentation Skills
Understanding of the Energy Industry
Degree in a Numerate Subject
Quantitative and Qualitative Analytical Abilities
MS Office Proficiency
Familiarity with BI Tools (e.g., Microsoft Power BI, Tableau)
Market Analysis Skills
Communication Skills
Attention to Detail
Adaptability to Changing Environments

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills. Tailor your application to highlight how your experience aligns with the specific duties of a Markets Policy Analyst.

Highlight Relevant Experience: Emphasise any previous work in the energy industry, particularly with policy and regulatory documents. Use specific examples to demonstrate your analytical skills and ability to draw insights from complex information.

Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are passionate about the role and how you can contribute to Ecotricity's mission. Make sure to mention your familiarity with BI tools and your analytical capabilities.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is crucial for this analytical role.

How to prepare for a job interview at Ecotricity Group Limited

✨Understand the Energy Industry

Make sure to brush up on your knowledge of the energy sector, particularly in Great Britain. Familiarise yourself with current trends, regulations, and key players like Ofgem and NESO. This will help you demonstrate your understanding during the interview.

✨Showcase Your Analytical Skills

Prepare to discuss your analytical abilities and how you've applied them in previous roles. Be ready to provide examples of how you've interpreted policy documents or conducted market analysis, as this is crucial for the Markets Policy Analyst position.

✨Practice Presenting Complex Information

Since the role involves summarising complex industry documentation for various audiences, practice explaining intricate concepts in simple terms. This will showcase your communication skills and ability to engage with both technical and non-technical stakeholders.

✨Engage with the Company's Mission

Familiarise yourself with Ecotricity's mission and values. Be prepared to discuss how your personal values align with their commitment to sustainability and renewable energy. Showing genuine interest in their goals can set you apart from other candidates.

Markets Policy Analyst
Ecotricity Group Limited
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