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.

The Day-ahead Strategy team plays a crucial role in achieving those goals by supporting ENCC (Electricity National Control Centre) every day of the year. This is an exciting opportunity to work closely with teams across the ESO.

As the Modelling Specialist you will play a crucial role developing and maintaining models and analysis to forecast and coordinate operational plans from day ahead to two weeks ahead, providing whole energy system situational awareness.  This analysis is then passed to ENCC ensuring the security of our Electricity System.

This is a highly visible role that will let you collaborate with various teams across the whole business to drive continuous improvement. You will research drivers of risks to electricity and gas security of supply to develop supply and demand models, monitor market developments and effectively communicate your findings to provide robust recommendations to key stakeholders.

One of the demands for this role is to provide daily reports to ENCC and other key stakeholders in the energy industry which will require you to be included into the ROTA.

This role is based in Wokingham and you will be required to be in the office full time throughout the training period. Once you are fully trained, you will be able to work 2-3 x a week from the office and 2 x a week from home. Please note that you will be required to work 5 days out of 7, including weekends.

About you

•    Good experience in high level programming languages such as Python or R.
•    Experience in using mathematical modelling techniques, including but not limited to regression, time series analysis and machine learning techniques is advantageous.
•    Experience in extracting data from databases using SQL and using it for analysis. 
•    Act as a key interface with internal and external stakeholders this will include the ability to lead developers and communicate complex technical plans clearly to a technical and non-technical audience.
 

About us

As Great Britain’s electricity system operator (ESO), we sit at the heart of the electricity system, using our outstanding engineering and commercial expertise to balance electricity supply and demand. Ultimately, we keep the electricity flowing directly to where it’s needed, second by second.

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.
 

What you'll get

A competitive salary of circa £43,000 -60,000 – dependent on 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

•    Development of models to analyse and/or predict system, commercial and market conditions relevant to ESO. 
•    Proactively develop tools which make procedures more efficient and robust, particularly through automation.
•    Effectively lead the modelling of the financial and operational impacts to the ESO of any changes to future market and operational conditions.
•    Effectively communicate the potential impact of changes future market and operational conditions to a widespread audience including Senior Management, Ofgem and BEIS.
•    Act as a key interface with internal and external stakeholders with regards to future market and operational conditions, ensuring proactive management of key stakeholders to mitigate risks to the ESO.
•    Drive overall analytical approach for the team, ensuring a consistent application of methods, standards and good practice.
•    Provide oversight, challenge and advice to more junior team members and support them in delivering their accountabilities.
•    Ensuring strategic delivery of the ESO business plan.
•    Leading the transition and embedding the new FSO goals and values.
 

What you'll need

•    Experience in commercial or regulatory industry, ideally energy.
•    Specialist knowledge of mathematical modelling techniques, including, but not limited to, regression and associated techniques, time series analysis and machine learning techniques
•    Experience in developing models from first principles.
•    Fluent in Python, R or equivalent high-level language.
•    Proficient knowledge and understanding of System Operations. 
•    Proficient knowledge of GB energy markets.
•    Ability to lead junior developers and communicate complex technical plans clearly and with confidence.
•    Strong interpersonal skills (particularly in an external environment) in the areas of influencing, negotiating and building effective working relationships at a senior level in external organisations.
•    Ability to set clear strategic directions, building and executing plans to achieve.
 

More information

This role closes on 31st March 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. Interviews will be held on w.c. 8th April 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.

#LI-MM1
#Hybrid