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Senior Energy Analyst

Senior Energy Analyst

  • Location

    London

  • Sector:

    Energy Procurement & Utilities

  • Job type:

    Permanent

  • Salary:

    Up to £45,000 + 20% bonus

  • Contact:

    Tom Brookes

  • Contact email:

    tom.brookes@greenrecruitmentcompany.com

  • Job ref:

    SFA1

  • Published:

    about 2 months ago

  • Expiry date:

    2019-10-01

  • Consultant:

    Tom Brookes

The Senior Energy Forecasting Analyst is responsible for trading and managing client positions within the energy portfolio.

We have a new opportunity for a Senior Forecasting Analyst, based in London.
The jobholder is to be able to work both autonomously and within a team, providing help to less experienced Forecasting analysts. Some business travel to entities may be required for training & to fulfil the role. Based in a fast paced environment, with rapidly expanding geographic responsibilities, the position requires daily interaction with other departments within the Procurement function.

 

Role and Responsibilities:
 

Demand Forecasting  

  • Development of short term demand forecasting methodologies for PGE European electricity and gas portfolio. Ensure that models/processes used are accurate and facilitate a timely delivery of data to the Procurement team
  • Proactively manage standards and pre-empt events and portfolio changes.
  • Monitor forecast error, report on forecast performance and perform analysis which will further develop demand forecasting methodologies in order to improve the accuracy of demand forecasts
  • Analyse system prices which may lead to high imbalance costs
  • Explain periods of volatile consumption and subsequent forecast errors if necessary
  • Analyse prompt balancing and outturn Profit & Loss performance
  • Address ad-hoc queries from internal & external stakeholders.

 
Projects

  • Lead improvements to the efficiency and accuracy of existing operational tasks, and implementation of new tools focused on performance improvement
  • Manage projects with IT, raising faults or suggesting improvements to systems which will enhance the team’s reporting
  • Approve User Acceptance Testing and manage the implementation of new data management systems

 

The Individual:
 

  • Previous commercial experience within the Electricity and Gas industry (2/3+ years)
  • Degree in a numerate/analytical discipline e.g. Economics, Statistics, Computer Science (essential)
  • Strong analytical ability (essential)
  • Strong communication skills; ability to communicate technical arguments to non-technical audiences (essential)
  • Good knowledge of Microsoft applications, in particular Excel and Access (essential)
  • Knowledge of SQL & VBA
  • Adaptability and capacity to improvise is highly regarded given tight deadlines necessitating quick decision making