SSE has big ambitions to be a leading energy company in a low carbon world. Following our commitment to invest £18 billion in low carbon projects to 2027, we have significant growth plans and are well on our way to achieving our ambition to build a world that's more sustainable and inclusive for you, your family, the community you live in and for generations to come. We are proud to be playing a crucial role in the net zero transition, ensuring we have the energy supplies required to meet the needs of our customers; procuring the fuel required by the generation plants and selling the power output from our renewable and low-carbon thermal assets.
Join us on our journey to net zero, and help us power change.
About the Role
Base Location: Flexible, but our preference is that you are based in Dublin or Belfast
Salary: €62,200 - €93,300 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.
Working Pattern: Permanent | Full Time | Flexible First options available
Energy Economics, within the Energy Portfolio Management (EPM) Business Unit, acts as the internal economic advisor to the Energy Business Units of the SSE Group. The Power Modelling team of Energy Economics prepares and delivers long-term scenario-based forecasts of power prices and asset revenues in the Great Britain and island of Ireland (ISEM) power markets. These forecasts are endorsed by SSE’s Group Executive Committee for use to support the appraisal of opportunities and the valuation of investments in the UK & Ireland.
This role will support the ISEM Power Market Manager in the delivery of the long-term forecast, out to 2050 & beyond, of ISEM (Integrated Single Electricity Market), by assisting with the market intelligence gathering, long-term assumption building, and analytical modelling. The scope of this forecast will cover the Wholesale Market, Balancing Market, Capacity Market, System Services, and other associated revenue mechanisms. The role will also involve liaising with other SSE colleagues across a wide discipline of areas, liaising with external consultants, and assisting with the economical appraisal of investment opportunities in the Republic of Ireland & Northern Ireland.
Your responsibilities include:
- Research and analysis to support the production of our long-term price and revenue forecasts for ISEM.
- Provision of analytical support to SSE’s Energy Business Units to underpin long term investment decisions, asset valuations and other strategic decision making.
- Operate and maintain long-term pricing and analytical models.
- Stakeholder engagement.
What do I need?
To be considered for this role, we would love you to have:
- Broad knowledge of the ISEM (or similar) power market, or able to demonstrable the applicability of knowledge of a relevant sector with the ability to demonstrate good commercial awareness.
- Prior experience in forecasting, energy consulting, power market modelling, data analysis, research or other related experience is highly valued.
- Education to degree level in a relevant numerical or technical subject (such as economics, engineering, finance, or a physical science), or demonstration of a background in a relevant discipline through experience would be strongly beneficial.
- Proficiency in the use of standard Microsoft Office tools for data analysis, storage, and presentation, ideally with some experience using VBA, SQL, Python, Power BI, Tableau or similar, as the role will require ability to work with large datasets. Additional experience in the use of PLEXOS (or other market modelling software), Microsoft Azure, and/or Databricks would be beneficial.
- Self-motivation, a strong sense of curiosity, a keen interest in problem solving and the ability to distil complex analysis into simple key messages for a range of audiences. Our work is interesting, varied, intellectually stimulating and commercially important.
About our Business
Energy Portfolio Management (EPM) is the energy markets heart of the SSE Group, securing value for SSE's asset portfolios in wholesale energy markets as we move towards our vision of being a leading energy company in a net zero world. We play a critical role as the short-term energy market asset optimiser, and a long-term energy market adviser, for all SSE's Business Units (across SSE's Wind, Hydro, Low Carbon Thermal, Distributed Energy and Customer portfolios). This role for EPM enables SSE to focus its investment in energy markets capabilities (including Trading, Risk Management, Energy Economics, Settlements and Advanced Analytics) in one centre of excellence, with these enhanced capabilities supporting value creation and decision making across the SSE Group.
What's in it for you?
We offer an excellent package with 34 days annual leave entitlement. Enhanced maternity/paternity leave, discounted healthcare, salary sacrifice car leasing and much more, view our full benefits package on our careers site.
As an equal opportunity employer we encourage diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all protected characteristics and commit to providing any reasonable adjustments you need during the application, assessment and upon joining SSE. Search for 'Inclusion & Diversity at SSE' to find out more.
What happens now?
All applications should be made online, and I'll be back in touch after the vacancy closing date to let you know the outcome.
If you would like to discuss any working flexibly requirements or adjustments you may require throughout the recruitment and selection process, please contact Tristan.Holdsworth@sse.com
Before commencing your role with SSE, you'll need to complete our pre-employment screening process. This will consist of a criminality and credit check.
#LI-TH1
#LI-Hybrid