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National Grid Gas Market Analyst - ESO in Wokingham, United Kingdom

About the role

Great Britain's electricity system is undergoing an ambitious, exciting and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.

We are establishing a new Gas Markets Team. This team will be at the heart of providing strategic direction for gas, alongside other energy vectors to transform market interactions and progress towards Net Zero. To do this, we are recruiting for several analyst-level roles responsible for a wide range of activities, including policy and market development, engagement with key market stakeholders and supporting gas code modifications.

These are new roles for The Electricity System Operator (ESO) and they will enable the ESO to provide clear direction to the gas industry, particularly through the development of publications and forums. These roles will also provide support to senior managers through analysis and research that provide strategic direction for the future of gas markets. The team will engage and collaborate with a wide range of industry and academic stakeholders and innovators across the market to develop this strategy, also looking internationally to understand best practice.

This role can be based from Wokingham, Warwick or Glasgow, and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.

About us

At National Grid Electricity System Operator (ESO), we’re aiming to operate a zero-carbon electricity system for Great Britain by 2025. This means using wind, solar and hydropower - without relying on any carbon-based generators to balance the grid.

Becoming the National Energy System Operator

In Summer of 2024, the ESO will transition to becoming the National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator will be the independent body responsible for planning Great Britain’s electricity and gas networks and operating the electricity system.

The ESO, including all of its existing roles, will be at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users’ need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them.

The organisation will be set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As the ESO are today, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all.

The time to deliver is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.

About you

What we do isn’t just important – it’s essential. That’s why we look to recruit experts in their field. In this case, we’re looking for someone who has:

• Understanding of the strategy development process (end-to-end), potentially coming from a strategy role at a consultancy or utility.

• Understanding of the gas market and associated frameworks – including an understanding of the regulatory environment, key industry players, and the long-term trends affecting the industry.

• Ability to draft policy statements and positions, using market research, internal input, and a fact-based approach to develop forward-looking policy.

• Experience leading complex analyses and converting base analysis into value adding insight that enables senior leadership decision making and strategy formation.

What you'll get

A competitive salary between £43000 – £71000 dependent on experience and capability.

As well as your base salary, you will receive a bonus based on company performance, 26 days annual leave as standard and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.

You will also have access to a comprehensive benefits package tailored to support your well-being and professional success. From a competitive salary to flexible work arrangements, we promote your work-life balance. Enjoy fit for purpose wellbeing and lifestyle offerings, ongoing skill development aligned to our Purpose and Values, and be part of a supportive community that values your individuality and where you can belong.

Key Accountabilities

• Provide high-quality, methodical, and researched analysis and insight to support the Gas Market team in the development of Policy / Market Strategy / Code Change.

• Support Managers and Senior Managers in the analysis of market trends and dynamics (including evaluating social, political, technological, economic, and environmental insights) to support the development of a long-term view for the ESO.

• Conduct detailed analysis, benchmarking and collate positions to inform the ESO’s senior leadership, market players, Ofgem, etc., in respect of the UK’s gas market – this includes supporting in the provision of regular market updates, identifying key trends and drivers, and creating analysis that supports strategic decision making.

• Project manage / lead key work assignments related to the important questions that underpin the development of a gas market perspective – keep senior colleagues informed on progress, reporting findings as necessary, and translating such work into meaningful insights that shape future strategy development.

• As requested, liaise and / or coordinate with industry, academic and markets experts, as well as internal experts across the ESO, to collate the intelligence needed to create the Policy / Market Strategy / Market Change.

• Undertake ad hoc projects and initiatives as requested by senior FSO Leadership

What you'll need

• Strong communication skills, including the ability to produce and deliver accurate written reports, policy / market narrative and commentary, and presentation materials to internal (often senior) stakeholders.

• Experience in building effective stakeholder relationships – including working with senior colleagues and external partners, institutions, networks, and industry stakeholders.

• A passion for tackling climate change as we transition GB’s energy system to Net Zero.

More information

This role closes on 27th May 2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary. Assessment days will be held in the w.c. 3rd June 2024.

We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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