Research Associate at Wood Mackenzie

Research Associate at Wood Mackenzie

Full-Time No working from home possible
Wood Mackenzie

Company Overview

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape. For more than 50 years our work has guided the decisions of the world’s most influential energy producers, utilities companies, financial institutions and governments.

We have redefined what’s possible with Intelligence Connected by combining proprietary data with sharp analytical minds and Synoptic AI, delivering a clear, interconnected view of the entire energy value chain. Our team of 2,700 experts in 30 countries breaks siloes and connects industries, markets and regions, empowering customers to identify risk sooner, spot opportunities faster and recalibrate strategy with confidence.

Team Profile

The Europe long‑term power team is a collaborative group producing market‑leading research in rapidly evolving electricity wholesale and ancillary markets across the continent. We work closely with Wood Mackenzie’s wider power and renewables service, developing market views with high‑quality analysis of the value chains of solar PV, onshore and offshore wind, and energy storage. Our research is strengthened by integration with our commodities and energy transition groups – fuels, carbon markets, hydrogen, carbon capture and storage.

Role Purpose

We are looking for a Research Associate to join our European power markets team. In this role you will drive market research and modelling, policy analysis, and power price and revenue forecasting across Europe, contributing directly to the high‑quality insight our clients rely on.

Working with advanced simulation, computational models and data analytics, you will forecast power supply evolution, policy impacts and the shifting economics of energy assets. You will collaborate closely with team colleagues and subject‑matter experts across Wood Mackenzie, deepening your understanding of European market dynamics while playing a tangible role in the commercial success and growth of our research.

Main Responsibilities

  • Collect and analyse industry information and data, review market trends.
  • Ensure that key data flows, including those to/from other research teams, meet agreed specifications on quality, scope and timeliness.
  • Work as part of a team to maintain, execute and operate our suite of simulation and computational models and associated tools and processes – spanning power market dispatch, renewable resource availability forecasting, sectoral demand forecasting and more.
  • Drive collaboration across the business by ensuring completion of complex ad‑hoc data requests on time and with high quality, whilst following policies, procedures and best practices.

Requirements

  • Applicable bachelor’s degree or professional qualification with a quantitative, statistical, energy and/or economics focus.
  • Wood Mackenzie follows a hybrid work structure, with a minimum of 2 days in the office.
  • Applicants must have the legal right to work in the country this role is based in; we are unable to sponsor employment visas at this time.
  • Strong collaboration skills and a mindset to work cross‑functionally.
  • The ability to creatively problem‑solve.
  • An analytical mind and eye for detail.
  • Great written and verbal communication skills.
  • Fluency in another European language is beneficial.
  • Willingness to learn about our business from the ground up.
  • Entry‑level position, but knowledge or experience in one or more of Europe’s major power markets and the implications of decarbonisation in the sector is highly desirable.
  • Exceptional analytical/quantitative skills, with experience of modelling or commercial analysis in power markets highly desirable.
  • Demonstrated interest in data analysis and the renewable energy or power sector.
  • Comfortable working with large datasets and familiar with the tools necessary to handle and analyse them.
  • Experience with programs such as Python, SQL and Power Query or optimisation models is an advantage.

Benefits

At Wood Mackenzie, you will have opportunities to engage in meaningful work and collaboration with international stakeholders, creating a positive and lasting impact. We provide support, coaching and training to help you kick‑start your career. We are committed to supporting our people to Thrive and to creating an inclusive environment that encourages diversity and fosters a sense of belonging.

Wood Mackenzie offers regular opportunities to get involved in Wellness, Diversity and Inclusion, Community Engagement and Sustainability initiatives, such as our partnership with Let’s Share the Sun. Learn more about our people at https://www.woodmac.com/careers/our-people/.

Equal Opportunities

We are an equal opportunities employer. We are committed to recruiting the best people regardless of race, colour, religion, age, sex (including pregnancy, sexual orientation and gender identity), national origin, disability or protected veteran status.

Learn more about your rights under the law at www.eeoc.gov.

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Research Associate at Wood Mackenzie employer: Wood Mackenzie

Wood Mackenzie is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Harrow. With a strong emphasis on employee growth, we provide ample opportunities for professional development and the flexibility of part-time or hybrid work arrangements, making it an ideal environment for those seeking meaningful and rewarding careers in data and research sales.

Wood Mackenzie

Contact Details:

Wood Mackenzie Recruitment Team