Power Market Modeller

Are you passionate about renewable energy and the evolving dynamics of European power markets? We are working with an innovative renewable energy company that is building an in-house fundamental power market modelling capability. As part of their expanding commercial team, this organization is venturing into trading and direct off-take across multiple European markets.

This is a unique opportunity to join a growing modelling and pricing team, where you will play a pivotal role in shaping the company’s understanding of power markets. Your insights will directly influence investment strategies and guide decision-making in a rapidly changing energy landscape.

Responsibilities

As a Power Market Modeller, you will:

• Analyze and Evaluate: Develop a substantiated view by analyzing external fundamental models, challenging weak assumptions, and generating accurate business insights.
• Assess Market Dynamics: Evaluate third-party assumptions on variables such as demand, renewable buildout, hydrogen, nuclear, and other key market factors.
• Conduct Sensitivity Analyses: Build sensitivity analyses around specific market events, such as nuclear lifetime extensions or changes in hydro availability.
• Support Investment Decisions: Integrate modelling insights into investment assessments to stress-test business plans and support strategic decision-making.
• Present Insights: Present and defend your market views with commercial and investment stakeholders, providing actionable intelligence for high-level decisions.
• Collaborate on Trading Strategies: Work closely with the team to inform forward market positions as the business scales its trading operations.

Qualifications

• Industry Experience: Several years of experience working in European power markets, with deep expertise in Germany and Southern Europe.
• Modelling Skills: Hands-on experience using and modifying commercial fundamental models (Aurora preferred, but not mandatory). Building a model from scratch is not required.
• Market Knowledge: Strong understanding of how policy, regulation, demand, and industrial trends influence long-term pricing developments.
• Communication Skills: Confident communicator, capable of taking and defending assertive positions with senior stakeholders.
• Technical Proficiency: Knowledge of Python or similar programming languages to handle technical exercises.
• Fluency in German is an advantage.

Day-to-Day

• Collaborate with the modelling and pricing team to analyze market trends and provide actionable insights.
• Evaluate external models and challenge assumptions to ensure accuracy and reliability.
• Conduct detailed sensitivity analyses to assess the impact of market events on pricing and investment strategies.
• Present findings to senior stakeholders, providing clear and concise recommendations.
• Work closely with the trading team to inform forward market positions and support the company’s expansion into trading and industrial off-take.
• Career Development: Be an early hire in a growing team, with opportunities to shape and influence a function being built from the ground up.
• Market Exposure: Work within a private equity-backed business expanding into trading and industrial off-take, with access to high-impact projects.
• Dynamic Work Environment: Operate at the intersection of renewables and trading, contributing to one of Europe’s most exciting energy markets.

Our client is an equal opportunity employer. We are committed to fostering an inclusive and supportive workplace and actively encourage applications from individuals of all backgrounds, including underrepresented groups in the energy sector.