Location London
Job-type Permanent
Salary £Competitive
Reference 19310

Are you a seasoned leader with a background in power market modelling and a passion for low-carbon energy? Do you have a deep understanding of power and hydrogen markets, coupled with expertise in integrated energy market analysis?

If so, we have an exciting opportunity for you to join a leading distributed energy company as the Head of Commercial Analysis UK.

Our client is a leading global energy company committed to delivering sustainable energy solutions. They are proud to be at the forefront of the energy transition and are investing heavily in low-carbon energy businesses. Their mission is to provide detailed commercial and power market analysis to support our low-carbon energy businesses, optimize our revenue streams and support the development of the low-carbon pipeline.

We are seeking a Head of Commercial Analysis to join our new team and play a key role in shaping our low-carbon energy business. You will be responsible for providing detailed commercial and power market analysis, and for supporting our auctioning and bidding processes for licenses and offtake agreements. You will be expected to bring your expertise in power markets, ideally in the UK, to model complex international power and energy systems. You will provide strategic portfolio insights and key performance metrics that will support our low-carbon energy business development.

Key Accountabilities:

  • Short and long-term power market analysis

  • Develop core beliefs on our targeted low-carbon markets

  • Provide all commercial inputs to value assets

  • Power price forecasting

  • Develop and maintain power price models for target markets

  • Build and maintain an understanding of power market structure and regulations

  • Forecast long-term and short-term power prices

  • Low carbon asset commercial evaluation

  • Provide all commercial inputs to support auctions and license bids

  • Evaluate offtake opportunities and recommend strategy, e.g. power purchase agreement

  • Renewable portfolio commercial strategy

  • Identify and prioritize key markets and regions for renewable project development from commercial and markets perspectives

  • Drive the renewable portfolio from a commercial value perspective

  • Support M&A due-diligence

Required Experience:

  • Relevant academic qualifications - Master's Degree or equivalent in relevant disciplines

  • 10-15 years of commercial experience in power market analysis and modelling

  • This is a Senior Level Role

Key Skills:

  • Expertise in quantitative and fundamental power market analysis, including power price forecasting

  • Prior experience in using fundamental models e.g. PLEXOS is preferred

  • Expertise in building and using commercial models to value low-carbon assets

  • Detailed understanding of power market legislation and regulation

  • Detailed understanding of low carbon auctioning and bidding process

  • Detailed understanding of power purchase and energy offtake contracts

If you are a self-starter with excellent communication and technical skills, and you are passionate about driving the energy transition, we would love to hear from you. This is an exciting opportunity to join a leading global energy company and contribute to the development of low-carbon energy solutions. If you are interested, please apply directly, or contact Lewis Murray at lewis.murray@acre.com for more information.