Senior Market Analyst (Demand)

Senior Market Analyst (Demand)

Full-Time 55000 - 70000 £ / year (est.) Home office (partial)
National Grid

At a Glance

  • Tasks: Lead energy market analysis and develop advanced modelling tools for strategic insights.
  • Company: Join a leading energy company shaping the future of electricity markets.
  • Benefits: Competitive salary, flexible working, and opportunities for professional growth.
  • Other info: Collaborative environment with mentorship opportunities and career advancement.
  • Why this job: Make a real impact on energy demand trends and decarbonisation efforts.
  • Qualifications: Experience in energy markets, strong analytical skills, and proficiency in Python or Excel VBA.

The predicted salary is between 55000 - 70000 £ per year.

We are looking for a proactive, knowledgeable energy market analyst, preferably with strong energy demand knowledge around heat pumps, EVs and data centres. As a senior analyst within the Market Analytics team, you will be part of a team that navigates future pathways for National Grid by conducting in-depth energy market analyses, modelling scenarios, and quantifying risks and opportunities for National Grid. The team combines the latest market intelligence, deep energy sector expertise, and sophisticated modelling tools to provide insights that matter right across the business. We provide a trusted view on energy markets outlook and share insights that help the business to make informed commercial and strategic decisions.

What You’ll Do

  • Lead and continuously evolve GB electricity demand modelling, owning core assumptions and methodologies to ensure they remain robust, transparent, and aligned with emerging system trends and business needs.
  • Translate macro drivers of demand growth into actionable modelling insights, including industrial electrification, transport, domestic heating, data centres, and flexible demand, with clear articulation of impacts on load growth, profiles, and system peaks.
  • Design, develop, and maintain advanced data tools and dashboards, using sophisticated analytics, machine learning, and statistical techniques to enable scalable, insight‑led decision making across the business.
  • Deliver clear, decision‑focused insights to senior stakeholders, synthesising complex market and modelling outputs into concise narratives that inform strategy, investment cases, and scenario development.
  • Stay at the forefront of industry, policy, and technology developments, proactively identifying and quantifying the impact of decarbonisation trends (e.g. solar uptake, flexibility, hydrogen, electrification) on long‑term demand and electricity networks.
  • Lead the development and continuous improvement of Market Analytics’ in‑house models (for both GB and EU power markets), ensuring fitness‑for‑purpose across multiple use cases (e.g. scenario delivery, business planning, stakeholder engagement), and clearly communicating model assumptions, limitations, and outputs.
  • Drive cross‑functional collaboration across National Grid, working closely with Group Strategy, M&A, Business Development, Corporate Affairs, and operational teams to provide high‑impact analysis, challenge assumptions, and shape business outcomes.
  • Develop deeper spatial and sectoral insights, including zonal demand views, sector‑specific analysis, and integration with generation trends (e.g. solar and storage), enhancing the granularity and relevance of modelling outputs.
  • Mentor and develop junior analysts, building team capability in modelling, insight generation, and stakeholder engagement, and fostering a culture of continuous learning and knowledge sharing.

About You

  • Strong stakeholder engagement and influencing skills, with the ability to build trusted relationships and work collaboratively across teams to challenge assumptions, drive alignment, and deliver high‑impact outcomes.
  • Proven ability to translate complex modelling outputs into clear, decision‑ready insights, articulating implications for strategy, scenarios, and investment cases to senior stakeholders.
  • Highly self‑motivated, proactive and intellectually curious, with a track record of taking ownership, identifying opportunities, and driving improvements independently.
  • Strong understanding of GB and/or European energy markets, with experience in electricity demand drivers and decarbonisation trends; deep expertise in energy demand modelling would be highly advantageous.
  • Good knowledge of emerging demand and generation trends, including electrification (heat pumps, transport), embedded generation (solar), storage, and flexible demand, and their impact on load profiles and system dynamics would be preferred.
  • Excellent quantitative, analytical and modelling skills, with experience working with large datasets and applying statistical or advanced analytical techniques; Python / Excel VBA skills would be preferred.
  • Familiarity with power market modelling tools (e.g. PLEXOS, Aurora, BID3) and an appreciation of how modelling supports scenario development, forecasting, and commercial decision‑making would be preferred.
  • Experience in data visualisation and insight communication, using tools such as Power BI (or similar), to develop clear, scalable dashboards and analytical outputs.

Senior Market Analyst (Demand) employer: National Grid

National Grid is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a Senior Market Analyst, you will have the opportunity to lead impactful projects in the energy sector, contributing to the transition towards a sustainable future while benefiting from a culture that prioritises professional development and continuous learning. With access to advanced tools and a supportive team, you'll be empowered to drive meaningful insights that shape strategic decisions across the organisation.

National Grid

Contact Details:

National Grid Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Market Analyst (Demand)

Get Involved with Industry Events

The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!

Join Energy-focused Online Communities

Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.

Consider Industry Certifications

Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.

Apply ThroughNational Grid's Website

Don’t forget to apply directly through National Grid's website for the full-time Senior Market Analyst (Demand) role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!

We think you need these skills to ace Senior Market Analyst (Demand)

Energy Market Analysis
Demand Modelling
Data Analysis
Statistical Techniques
Machine Learning
Stakeholder Engagement
Scenario Development

Some tips for your application 🫡

Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.

Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.

Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at National Grid. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.

Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!

How to prepare for a job interview at National Grid

Show Your Passion for Renewable Energy

In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of National Grid.

Brush Up on Industry Regulations

Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.

Highlight Teamwork and Project Management Skills

Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to National Grid.

Prepare for Technical Assessments

Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.