Markets Policy Analyst

Markets Policy Analyst

Stroud Full-Time 28800 - 48000 £ / year (est.) No home office possible
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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: Flexibility in tasks allows you to grow and adapt in a fast-paced environment.

The predicted salary is between 28800 - 48000 £ per year.

Job Description

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.

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

Essential Skills

  • 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

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.

Markets Policy Analyst employer: Ecotricity

Ecotricity Smart Grid 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 plans, generous pension contributions, and opportunities for hybrid working. Our commitment to environmental responsibility and community engagement makes us a unique place to work, where your contributions directly impact the future of green energy in Britain.
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Contact Detail:

Ecotricity 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 in meaningful discussions during interviews.

✨Tip Number 2

Network with professionals in the energy sector by attending industry workshops and forums. Building connections can provide you with insights into the company culture at Ecotricity and may even lead to referrals.

✨Tip Number 3

Prepare to discuss your analytical skills and experiences with policy documents in detail. Be ready to share examples of how you've drawn insights from complex data or regulatory changes in previous roles.

✨Tip Number 4

Showcase your passion for sustainability and renewable energy during your interactions with us. Demonstrating a genuine interest in Ecotricity's mission can set you apart from other candidates.

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
Adaptability to Changing Environments
Stakeholder Engagement

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Markets Policy Analyst position. Familiarise yourself with the energy industry in Great Britain and the specific policies that affect flexibility service provision.

Tailor Your CV: Highlight your analytical skills and experience in the energy sector. Make sure to include any relevant qualifications, such as a degree in a numerate subject, and showcase your familiarity with policy documents and BI tools like Microsoft Power BI or Tableau.

Craft a Compelling Cover Letter: In your cover letter, express your passion for renewable energy and how your skills align with Ecotricity's mission. Mention specific experiences where you've successfully analysed policy changes or contributed to strategic insights in previous roles.

Showcase Communication Skills: Since the role involves presenting to stakeholders and summarising complex documentation, emphasise your communication abilities. Provide examples of how you've effectively communicated insights or analysis to diverse audiences in the past.

How to prepare for a job interview at Ecotricity

✨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 complex data or policy documents and drawn actionable insights from them.

✨Practice Your Presentation Skills

Since the role involves presenting to stakeholders, practice articulating your thoughts clearly and confidently. You might be asked to summarise a complex topic, so consider rehearsing with a friend or in front of a mirror.

✨Engage with Current Policy Changes

Stay updated on recent consultations and policy changes affecting the energy industry. Being able to discuss these developments and their potential impact on Ecotricity Smart Grid will show your proactive approach and genuine interest in the role.

Markets Policy Analyst
Ecotricity
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