At a Glance
- Tasks: Lead energy-market strategies and oversee commercial processes for renewable energy assets.
- Company: Join Octopus Energy Group, a leader in renewable energy with a vibrant culture.
- Benefits: Enjoy competitive perks, autonomy, and recognition as one of the UK's top employers.
- Other info: Dynamic team environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the renewable sector while working on innovative projects.
- Qualifications: Experience in European power markets and strong commercial judgement required.
The predicted salary is between 54000 - 66000 £ per year.
We are looking for an Energy Markets Specialist to provide senior commercial and market expertise across OEGEN's renewable portfolio. The role will have particular responsibility for overseeing energy-market activity for a key fund and more broadly building OEGEN's strategic BESS capability.
- Lead energy-market coverage for ORIT, including route-to-market performance, revenue strategy, hedging, market risk and key commercial counterparties.
- Build OEGEN's BESS commercial strategy across priority markets, including revenue underwriting, route-to-market, optimiser selection and risk management.
- Provide senior market input into investment decisions, challenging assumptions on power prices, capture prices, ancillary services, balancing, negative pricing, grid constraints and commercial structures.
- Develop clear standards and guidance for BESS and collocated assets, ensuring lessons from operational assets are reflected in new investment assumptions.
- Lead or oversee complex commercial processes, including optimiser, route-to-market and strategic PPA tenders; work with external providers to deliver routine contracting efficiently where appropriate.
- Monitor energy-market, regulatory and policy developments across OEGEN's priority markets, identifying risks and opportunities for funds and assets.
- Work closely with Fund Asset Directors and Fund Management teams to develop and implement market strategies that support fund objectives, investor returns and risk appetite.
- Manage relationships with traders, optimisers, balancing parties, advisers and other key commercial partners, holding them to account for performance.
- Define and interpret quantitative analysis required for hedging, BESS, merchant exposure and portfolio risk, working with specialist analytical support where appropriate.
- Communicate complex market issues clearly to Investment Committee, Asset Boards and investors, with practical recommendations and a clear view of risk.
Significant experience in European power markets, renewable energy commercialisation, trading, optimisation or energy-market advisory is required. Strong practical experience of BESS commercial strategy, including revenue modelling, route-to-market arrangements, ancillary services, dispatch considerations and optimiser performance is essential. Experience working for, or advising, a renewable IPP, fund manager, utility, trading house, optimiser or energy-market consultancy is also necessary.
Excellent commercial judgement, with a track record of challenging and improving market assumptions, commercial structures or route-to-market strategies is important. A strong understanding of renewable revenue drivers, including PPAs, merchant exposure, hedging, balancing, capture price, negative pricing, ancillary services and grid constraints is needed. High financial and numerical acumen, with the ability to build, review and challenge complex revenue models and investment assumptions is crucial.
Experience leading complex commercial processes and managing external counterparties, including PPA, route-to-market, optimiser or trading arrangements is required. The ability to work credibly with investment, technical, fund-management and asset-management teams, translating market complexity into clear decisions is essential. Strong written and verbal communication skills, with the ability to present commercial recommendations to senior management, Investment Committee and investors are necessary.
Energy Markets Specialist in City of Westminster employer: Octopus Energy Ltd
Join a dynamic and supportive team as a Sales Executive in the vibrant Central Belt of Scotland, where you'll enjoy the freedom of working across various venues and locations. With a competitive salary, uncapped commission, and comprehensive training, this role offers excellent opportunities for personal and professional growth while allowing you to engage with customers face-to-face and make a real impact. Experience a rewarding work culture that values enthusiasm, communication, and teamwork, making it an ideal place for those looking to build a successful career in sales.
StudySmarter Expert Advice🤫
We think this is how you could land Energy Markets Specialist in City of Westminster
✨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 ThroughOctopus Energy Ltd's Website
Don’t forget to apply directly through Octopus Energy Ltd's website for the full-time Energy Markets Specialist 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 Energy Markets Specialist in City of Westminster
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 Octopus Energy Ltd. 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 Octopus Energy Ltd
✨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 Octopus Energy Ltd.
✨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 Octopus Energy Ltd.
✨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.
