Our Renewable Energy Business Unit currently has a need for a Market and Pricing Analyst on a permanent basis. This role will be based in Newbridge and will report to the Data Analytics Lead. The successful candidate will be responsible for leading Bord na Mona power price forecasting modelling and analysing market changes to influence trading strategies, support effective asset operations, and investment decisions.
The main duties and responsibilities of the role will include the following:
Develop and maintain detailed electricity market pricing models in Plexos for both the ISEM and GB to support effective asset operations, investment decisions, and appraise regulatory consultations. Produce regular price forecasts to be used across the Bord na Móna Renewable Energy business unit, from Operations to long-term investment decisions.Complete market analysis for the Trading team, including analysis of current and future market conditions, market drivers, competitor analysis, and understanding of key influences on energy prices for the business.Highlight risks and opportunities for the business.Forecast the Trading requirements for changes in Operation (e.g., transition to HVO/Gas and System Services daily auctions), supporting the transition by working closely with the prompt traders. Supervise the reporting of System Service performance reporting.Assess and analyse commercial agreements (including PPAs, CPPAs, Eco Energy Park, Hydrogen, Gas) to ensure the smooth transition from project delivery to operation, and delivery of obligations, as Bord na Mona delivers a pipeline of onshore wind and solar, offshore wind, hydrogen, and biomethane projects amongst others.Work closely with other team members to gain insights and gather requirements as appropriate to deliver solutions. Ensure a team approach to understanding data content and requirements, and delivering end-to-end solutions is maintained.Analyse and report on trends and key performance indicators as required by management. Support the wider Bord na Móna Renewables team in reporting and implementing efficiencies in reporting. Engage with external support providers as required to enhance the performance and deliverables of the Trading team.Proactively participate in the Performance Management process to ensure delivery of own and the wider team's objectives.All employees are expected to co-operate fully with all provisions taken by the company for ensuring Health and Safety and Welfare of co-employees and members of the public using the premises.The Person:
The ideal candidate will possess the following qualifications, skills, knowledge, and attributes:
Honours Degree (NFQ 8, 2.1 min) in a relevant subject, i.e., Statistical/Numerical background, Data Analytics, Economics, Mathematics, Finance, Computer Science, Engineering, or similar.3-5 years of experience in Power Price forecasting, Power Market Analytics, Power Trading, or Back Office support.Plexos modelling tool with expert Excel skills is essential; Knowledge of ISEM and the analysis of market drivers is essential.Energy market or power system modelling experience is essential.Strong analytical thinker with excellent statistical and quantitative skills required.Demonstrable experience of data modelling, managing large data sets, and analysing large volumes of data and making statistical inferences required.Competency across a broad range of IT packages required, including Advanced MS Excel skills (macros, pivot tables, etc.), SQL, Python, AWS.Strong communication, reporting, and interpersonal skills.Strong organisational skills.A self-starter who can work on their own initiative.The selection process for this role will include candidate screening from application.
If you wish to be considered, simply click "Apply" on the job advert, on or before 20th August 2024.
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