Future Power Markets Senior Analyst
Future Power Markets Senior Analyst

Future Power Markets Senior Analyst

Belfast Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse and develop future power market opportunities for a sustainable energy system.
  • Company: SONI manages Northern Ireland's electricity grid, focusing on safety and decarbonisation.
  • Benefits: Enjoy hybrid working, competitive salary, private medical cover, and flexible hours.
  • Why this job: Join a dynamic team driving the transition to low-carbon energy and make a real impact.
  • Qualifications: Degree in data science or economics with 3+ years of relevant experience required.
  • Other info: Applications close on 9th June 2025; no sponsorship available.

The predicted salary is between 36000 - 60000 £ per year.

About Us

SONI (System Operator for Northern Ireland) is Northern Ireland's Transmission System Operator (TSO). We manage the electricity grid to ensure that power can flow from where it is generated to where it is needed. We are now transforming the power system for future generations. Be part of the change! Our focus is on safety, security and reliability. Our work environment is challenging, fast-moving, collaborative and team orientated. Our culture is driven by performance, knowledge and continual development. Our people are committed to reducing Northern Ireland's reliance on fossil fuels and making decarbonisation a reality while providing a safe and reliable electricity supply in a way that secures the future for those who follow us. Our future has never looked more exciting. This is an incredible opportunity to be part of it.

The Role

The Networks and Innovation Directorate within SONI comprises highly skilled professionals with backgrounds in engineering and business/commerce. Northern Ireland has a target to achieve 80% of our electricity to come from renewable resources by 2030 and to be net carbon neutral by 2050. The Networks and Innovation Directorate is central to the delivery of our primary role: the operation, development and enhancement of the all-island power system and the wholesale electricity market. This role will strategically analyse, develop, and implement future power market opportunities that support the transition to a low-carbon, sustainable energy system in Northern Ireland. The focus will lead the analytical efforts in power market research, scenario analysis, and data-driven decision support. This includes leading the delivery of transformational change in cross border markets, operational development, as well as identifying and supporting future market development for the benefit of consumers.

Key Responsibilities

  • Develop advanced data models to forecast power market trends and price dynamics.
  • Lead data-driven research projects to support strategic decision-making.
  • Develop analytical frameworks that support strategic decision-making and prepare detailed analytical reports for internal and external dissemination.
  • Implement continuous improvements in analytical methodologies.
  • Present complex data in clear, concise reports to senior leadership.
  • Maintain an innovative approach to data analysis and market research.

What You'll Need

Joining SONI as a Future Power Markets Senior Analyst, you'll need:

Essential:
  • Relevant third level qualification, degree in data science, economics, or power systems typically with 3+ years relevant experience in a challenging data analysis and modelling.
  • Expertise in using analytical tools such as Python, R, and Excel for large data sets.
  • Proficiency in data visualisation tools (e.g., Power BI, Tableau).
  • Effective communication skills to present technical information to stakeholders.
Desirable:
  • Demonstrated experience in working with the Irish Single Electricity Market (SEM) or European power systems and transmission system operators (TSOs).
  • Knowledge of electricity market operations and their impact on Transmission and Balancing Markets.
  • Familiarity with market mechanisms like RESS and LDES.
  • Advanced knowledge of energy market modelling software (e.g., Plexos).
  • Proven ability to present complex data in clear, concise reports.
  • Experience in energy market forecasting.
  • Knowledge of statistical methods and data validation techniques.
  • Proven track record in forward-looking market analysis.
  • Knowledge of decarbonisation strategies and renewable energy policies.
  • Familiarity with Market codes, Network codes, and regulatory requirements.
  • Experience working in a regulated industry and ability to assess compliance with relevant obligations.

What You Will Get

This is an opportunity to lead and contribute to the advancement of a critical component of the energy infrastructure. The rewards package includes a competitive salary commensurate with experience, eligibility for an annual performance related payment, private medical provision, competitive pension with employer matching arrangements, a variety of salary sacrifice schemes (e.g. pension, cycle to work and electric vehicle leasing) together with hybrid working arrangements (3 days office: 2 days working at home), flexible start and finish times, competitive holidays and complimentary car parking with electric charging point on site. If you are seeking a challenging and impactful role within the electricity sector, we invite you to apply. Submit your application by uploading your CV with a cover letter (in one document). Closing date for applications is 9th June 2025. SONI is an equal opportunities employer. SONI is not providing sponsorship for this role.

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Contact Detail:

SONI Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Future Power Markets Senior Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in renewable energy and power markets. Understanding the current landscape will help you engage in meaningful conversations during interviews and demonstrate your passion for the role.

✨Tip Number 2

Network with professionals in the energy sector, especially those involved with the Irish Single Electricity Market. Attend industry events or webinars to build connections that could provide insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your analytical skills, particularly in tools like Python, R, and Excel. Consider taking online courses or certifications to enhance your proficiency, as this will be crucial for the data-driven aspects of the role.

✨Tip Number 4

Prepare to discuss your experience with data visualisation tools like Power BI or Tableau. Being able to showcase how you've used these tools to present complex data clearly will set you apart from other candidates.

We think you need these skills to ace Future Power Markets Senior Analyst

Data Analysis
Market Analysis
Technical Writing
Data Modelling
Python
R
Excel
Data Visualisation
Power BI
Tableau
Communication Skills
Analytical Framework Development
Energy Market Forecasting
Statistical Methods
Data Validation Techniques
Knowledge of Electricity Market Operations
Understanding of Decarbonisation Strategies
Familiarity with Market Mechanisms
Experience in Regulated Industries

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in data analysis, market research, and any specific tools mentioned in the job description, such as Python, R, and Excel. Use keywords from the job listing to ensure your application stands out.

Craft a Compelling Cover Letter: In your cover letter, express your passion for renewable energy and your understanding of the challenges facing the electricity sector. Mention specific projects or experiences that demonstrate your analytical skills and ability to work collaboratively.

Showcase Relevant Skills: Clearly outline your proficiency in data visualisation tools like Power BI or Tableau, and provide examples of how you've used these skills in previous roles. This will help demonstrate your capability to present complex data effectively.

Highlight Continuous Improvement: Discuss any experiences where you implemented improvements in analytical methodologies or processes. This shows your commitment to innovation and aligns with SONI's focus on continual development.

How to prepare for a job interview at SONI Ltd

✨Showcase Your Analytical Skills

As a Future Power Markets Senior Analyst, you'll need to demonstrate your ability to analyse complex data. Prepare examples of past projects where you've successfully used analytical tools like Python or R to derive insights from large datasets.

✨Understand the Energy Market Landscape

Familiarise yourself with the Irish Single Electricity Market and European power systems. Be ready to discuss how market mechanisms like RESS and LDES impact energy operations, as this knowledge will be crucial in your role.

✨Communicate Clearly and Effectively

Effective communication is key in this role. Practice presenting technical information in a clear and concise manner, as you will need to convey complex data to stakeholders and senior leadership during your interview.

✨Demonstrate Your Innovative Approach

SONI values innovation in data analysis. Be prepared to discuss how you've implemented continuous improvements in your analytical methodologies in previous roles, showcasing your ability to adapt and evolve in a fast-paced environment.

Future Power Markets Senior Analyst
SONI Ltd
S
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