Energy Markets Specialist

Help us make a big green dent in the universe. We're on a mission to drive the global renewable energy revolution, and we need many more people to help us make our vision a reality. Octopus Energy Generation (OEGEN) is a leader in sourcing, investing in, and managing a wide range of utility-scale renewable energy assets. As we continue to expand our investment base, we are dedicated to building a diverse team that reflects the communities we serve. Currently, we manage a global portfolio of over £8 billion in renewable energy assets. We are committed to delivering best-in-class responsible investment activity, offering like-minded investors the means and products to invest their capital sustainably. It is our ambition to change the entire energy lifecycle and make every green electron matter, delivering the best outcomes for customers, investors, the environment and society, accelerating the transition to net zero.

About the role: 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. Working across Asset Management, Fund Management, Investment and Technical teams, the successful candidate will translate increasingly complex energy markets into clear commercial recommendations. This will include supporting investment decisions, optimising operational assets and developing consistent approaches to BESS revenue strategy, route-to-market, hedging and market risk. This is a highly commercial and execution-focused role. Time will be split across fund and asset support, strategic market development, complex commercial processes and challenging market assumptions. The successful candidate will be expected to use external partners where appropriate, while retaining clear ownership of the commercial question, analysis and recommendation.

What You'll Do:

• 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.

What You'll Need:

• Significant experience in European power markets, renewable energy commercialisation, trading, optimisation or energy-market advisory.
• Strong practical experience of BESS commercial strategy, including revenue modelling, route-to-market arrangements, ancillary services, dispatch considerations and optimiser performance.
• Experience working for, or advising, a renewable IPP, fund manager, utility, trading house, optimiser or energy-market consultancy.
• Excellent commercial judgement, with a track record of challenging and improving market assumptions, commercial structures or route-to-market strategies.
• Strong understanding of renewable revenue drivers, including PPAs, merchant exposure, hedging, balancing, capture price, negative pricing, ancillary services and grid constraints.
• High financial and numerical acumen, with the ability to build, review and challenge complex revenue models and investment assumptions.
• Experience leading complex commercial processes and managing external counterparties, including PPA, route-to-market, optimiser or trading arrangements.
• Ability to work credibly with investment, technical, fund-management and asset-management teams, translating market complexity into clear decisions.
• Strong written and verbal communication skills, with the ability to present commercial recommendations to senior management, Investment Committee and investors.

Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We were named the UK's top company to work for in 2025, and we ranked in the top ten in the Sunday Times Best Places to Work 2026. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership.

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.