Senior Renewable Energy Analyst

Senior Renewable Energy Analyst

OVO Energy

Bristol or Remote, United Kingdom

Where in the world of OVO will I be working?

Working within OVO’s Trading function, this role sits within the Renewable Energy Trading team and reports into the Renewable Energy Trading Manager. This team is responsible for the effective procurement of renewable energy for OVO’s customer base through both direct electricity offtake from renewable facilities and the procurement of green certificates. A key activity for the team in 2021 will be the development and growth of OVO’s presence in the UK direct PPA market.

This role will be critical to enabling the growth of OVO’s PPA business. Reporting to the Renewable Energy Trading Manager, the role holder will be instrumental in developing the systems and processes required to value and operate PPA contracts, and will lead on managing the forecasting and risk management of our PPA portfolio.

OVO’s Trading function is a dynamic and fast paced environment that manages over £1 bn of wholesale energy requirements and £400m of green certificates each year.

What will I be doing?

Key responsibilities will include but are not limited to:

  • Development of models and business processes, with robust process controls, to enable the efficient and accurate forecasting and risk management of renewable generation output;
  • Operational management of the forecasting and risk management of our portfolio of renewable generators;
  • Development or performance reporting and analysis to support continuous improvement of the systems and processes used to manage renewable generators;
  • Development of a reporting suite to deliver a timely and accurate view of forecast and delivered electricity volumes and profits through renewable procurement activities;
  • Development and operation of reporting capability to accurately allocate the forecast and outturn costs of renewable energy to different Retail Business units;
  • Analysis of forecast and outturn costs to support the accurate valuation of renewable energy procurement opportunities;
  • Line management of a Junior Analyst and mentoring support of two other analysts;
  • Implementation and documentation of robust process controls to mitigate the risk of financial loss within our Renewable procurement activities;
  • Lead on the Renewable Energy Trading teams use of our third party Energy Trade Risk Management (ETRM) software;
  • Providing ad-hoc analytical and operational support to the PPA and green certificate procurement activities as required.

Is this the job for me?

We are seeking a technical analyst with first hand experience in renewable energy procurement or renewable certificate trading and risk management.

Ideally you will have…

  • Degree level (or equivalent) or equivalent work experience;
  • Experience working as an analyst or data scientist in renewable energy procurement, renewable certificate trading and risk management or another closely related field;
  • Detailed understanding of the UK electricity market rules, industry charges and energy settlement processes;
  • Knowledge of the economics and risks associated with direct PPA contracts with renewable generators, and tools used to manage these risks;
  • Experience developing analytical computer models and using programming languages (ideally Python and SQL);
  • Experience with data visualisation tools (ideally Tableau);
  • Confidence managing and manipulating large datasets;
  • You will need to be able to take the initiative in addressing complex challenges;
  • Flexibility; willing to contribute across a range of projects;
  • Demonstrable high attention to detail;
  • Strong communication and skills;
  • A drive to learn and develop new skills, you will be a creative thinker who thrives off direct responsibility;
  • A team player who thrives in a challenging environment, with the ability to motivate and support team mates;
  • Self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team.

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© EuroJobsites 2021

EuroJobsites is a registered company number: 4694396 VAT number: GB 880 9055 04

Registered address: EuroJobsites Ltd, Unit 8, Kingsmill Business Park, Kingston Upon Thames, London, KT1 3GZ, United Kingdom

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