Energy Markets Consultant in London

London (GB)Octopus Energy Generation – Asset Management /Full-time /HybridHelp 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. 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. 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 DoLead energy-market coverage for ORIT, including route-to-market performance, revenue strategy, hedging, market risk and key commercial counterpartiesBuild OEGEN's BESS commercial strategy across priority markets, including revenue underwriting, route-to-market, optimiser selection and risk managementProvide senior market input into investment decisions, challenging assumptions on power prices, capture prices, ancillary services, balancing, negative pricing, grid constraints and commercial structuresDevelop clear standards and guidance for BESS and collocated assets, ensuring lessons from operational assets are reflected in new investment assumptionsLead or oversee complex commercial processes, including optimiser, route-to-market and strategic PPA tenders; work with external providers to deliver routine contracting efficiently where appropriateMonitor energy-market, regulatory and policy developments across OEGEN's priority markets, identifying risks and opportunities for funds and assetsWork closely with Fund Asset Directors and Fund Management teams to develop and implement market strategies that support fund objectives, investor returns and risk appetiteManage relationships with traders, optimisers, balancing parties, advisers and other key commercial partners, holding them to account for performanceDefine and interpret quantitative analysis required for hedging, BESS, merchant exposure and portfolio risk, working with specialist analytical support where appropriateCommunicate complex market issues clearly to Investment Committee, Asset Boards and investors, with practical recommendations and a clear view of riskWhat You'll NeedSignificant experience in European power markets, renewable energy commercialisation, trading, optimisation or energy-market advisoryStrong practical experience of BESS commercial strategy, including revenue modelling, route-to-market arrangements, ancillary services, dispatch considerations and optimiser performanceExperience working for, or advising, a renewable IPP, fund manager, utility, trading house, optimiser or energy-market consultancyExcellent commercial judgement, with a track record of challenging and improving market assumptions, commercial structures or route-to-market strategiesStrong understanding of renewable revenue drivers, including PPAs, merchant exposure, hedging, balancing, capture price, negative pricing, ancillary services and grid constraintsHigh financial and numerical acumen, with the ability to build, review and challenge complex revenue models and investment assumptionsExperience leading complex commercial processes and managing external counterparties, including PPA, route-to-market, optimiser or trading arrangementsAbility to work credibly with investment, technical, fund-management and asset-management teams, translating market complexity into clear decisionsStrong written and verbal communication skills, with the ability to present commercial recommendations to senior management, Investment Committee and investorsWhy else you'll love it hereWondering what the salary for this role is? Octopus Energy Group is a unique culture. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. Our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. Applying for jobs can be a bit scary so have a nose through some of our tips firstðP.Along the way, you'll chat with our recruitment team and your Recruiter will help you throughout different stages. Drop us a message at [email protected] and we'd love to help! 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. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone. Where necessary, we sometimes use AI tools to help with parts of our hiring process, like reviewing applications or assessing responses. We're lucky to receive a huge amount of interest, so these tools help our recruiters manage that volume, not replace them. Ultimately, every hiring decision (for example, whether to progress your application or not) is always made by a real person in our Talent team. If you'd like to know more about how we use your data, you can reach out to us via email at [email protected]. We're happy to help!