At a Glance
- Tasks: Analyse power markets and deliver insights that shape trading strategies.
- Company: Join a leading energy firm committed to innovation and diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with mentorship opportunities and career advancement.
- Why this job: Make an impact in the energy sector while developing your analytical skills.
- Qualifications: 2-4 years in power market analysis and proficiency in Python and Excel.
The predicted salary is between 45000 - 55000 £ per year.
The Fundamentals team provides power price forecasts ranging from day‑ahead to long‑term horizons (up to 35 years). This role focuses on short‑term analysis from day‑ahead to 2‑years‑ahead, supporting trading activities and long‑term investment decisions across multiple disciplines within the energy market.
Key Responsibilities
- Deliver and communicate actionable short‑term market views that directly influence trading strategies, positioning, and risk‑taking decisions.
- Develop a market specialisation in a specific area of the power market while building a broad understanding of global power market dynamics.
- Analyse and interpret key drivers of power prices, including demand, renewable and thermal dispatch, transmission constraints, and regulatory dynamics, to explain price formation and anticipate market movements.
- Generate actionable insights by combining stack modelling outputs, market fundamentals, and data analysis to identify trading opportunities and market inefficiencies.
- Support and mentor junior analysts, contributing to knowledge sharing and team development.
- Monitor regulatory and market design developments that may impact prices.
- Collaborate closely with analysts, traders, and gas & emissions teams to develop a consistent and scalable cross‑commodity view.
Qualifications
- Proven experience (2‑4 years) in power market analysis or fundamentals.
- Hands‑on experience with power stack modelling tools (e.g. EPSI, Plexos) to develop, interpret, and challenge power price forecasts.
- Strong understanding of European power markets, including short‑term price drivers.
- Proficiency in Python and Excel for data analysis and modelling.
- Experience working with large and complex datasets, including time‑series data.
- Strong communication skills, with the ability to present and defend complex analysis to trading stakeholders.
- Strong understanding of risk/reward dynamics, with the ability to identify and propose trading ideas.
- Degree in Engineering, Mathematics, Economics, Computer Science, or a related quantitative discipline.
Desirable Skills
- Knowledge of specific European power markets or regional dynamics.
- Understanding of ancillary services and power market optimisation.
- Familiarity with common modelling pitfalls (e.g. overfitting).
- Familiarity with flow‑based market coupling and transmission constraints.
- Demonstrated ability to generate or contribute to profitable trading ideas.
We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We are committed to a diverse and inclusive environment and provide reasonable accommodations and accessibility adjustments throughout the application and interview process.
Power Market Analyst employer: Shell
As a Power Market Analyst, you will thrive in a dynamic and inclusive work environment that prioritises employee growth and collaboration. Our company offers comprehensive training and mentorship opportunities, ensuring you develop your expertise in power market analysis while contributing to impactful trading strategies. Located in a vibrant area, we foster a culture of innovation and diversity, making us an excellent employer for those seeking meaningful and rewarding careers in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Power Market Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the power market sector on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of power market dynamics and recent trends. We recommend practising common interview questions and having your own insightful questions ready to show your enthusiasm and expertise.
✨Tip Number 3
Showcase your skills! If you’ve got experience with power stack modelling tools or data analysis, make sure to highlight these in conversations. We want to see how you can bring value to the team!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Power Market Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Power Market Analyst role. Highlight your experience in power market analysis and any relevant tools you've used, like EPSI or Plexos. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about power markets and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Data Skills:Since this role involves a lot of data analysis, make sure to highlight your proficiency in Python and Excel. Share specific examples of how you've used these tools to analyse complex datasets and generate insights. We’re keen on seeing your analytical prowess!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Shell
✨Know Your Market Inside Out
Before the interview, dive deep into the European power markets. Understand the key drivers of power prices and be ready to discuss how factors like demand, renewable energy dispatch, and regulatory changes influence market dynamics. This knowledge will show your passion and expertise in the field.
✨Showcase Your Analytical Skills
Be prepared to talk about your hands-on experience with power stack modelling tools like EPSI or Plexos. Bring examples of how you've used these tools to develop forecasts or identify trading opportunities. Highlighting your proficiency in Python and Excel for data analysis will also impress the interviewers.
✨Communicate Clearly and Confidently
Strong communication skills are crucial for this role. Practice explaining complex analyses in simple terms, as you may need to present your insights to trading stakeholders. Use clear examples from your past experiences to demonstrate how you've effectively communicated your findings.
✨Be Ready to Discuss Risk and Reward
Understanding risk/reward dynamics is key in this role. Prepare to discuss how you've identified profitable trading ideas in the past and how you approach risk management. This will show that you not only understand the market but can also contribute to the company's trading strategies.
