Modelling Manager - UK Power

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2 Locations
In-Office
Retail • Energy • Utilities
The Role

Join us, be part of more. 

We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it.  
  

About your team: 

At Centrica Business Solutions, we’re proud to partner with over 7,000 organisations globally – helping them to balance planet, with profit. We build, operate and maintain onsite, large-scale energy assets like Solar PV and Combined Heat and Power – to help businesses to save the planet and save money. We’re also transforming the UK’s energy landscape by partnering with landowners and developers to build a 900MW portfolio of new grid-scale solar farms and battery storage assets.

Centrica Power is a leading energy infrastructure company in the UK and Irish market with energy assets across conventional and flexible generation, renewable energy and energy storage. Within the current UK & Ireland portfolio, there is c.£2bn gross capital deployed, over 600MW in operation and a further 500MW in construction.

The Modelling Manager - UK Power will provide expert energy systems and market modelling and insights capability to the Centrica Power business. The role will be responsible for forecast market modelling of individual asset classes to support investment analysis and modelling forward operational performance of existing assets for planning and budgeting.

Location: Windsor (Hybrid working), we work in a hybrid, Flexible First way - typically spending 2-3 days a week in the office.

Responsibilities will include:

  • Manage and develop an “internal consultancy” capability within Centrica Power and provide expert advice to support strategy development and execution across a range of operating assets as well as development and acquisition opportunities

  • Quantify portfolio risks and will play a key role in optimising an integrated portfolio to extract maximum value

  • Building bottom-up quantitative models at a unit level to support business case development and operational forecasts

  • Development of our Plexos capability to model the integrated GB and European markets, to provide views of future asset running, commodity prices, balancing market, and volatilities. These forecasts will shape our strategy for investment and growth

  • Provide thought-leadership within Centrica Power, identifying opportunities and threats and working with senior leaders to influence our strategy

  • Engage with our regulatory team to influence regulatory decisions and shape market design, by providing feedback and analysis on all modifications and consultations dealing with the wholesale energy market (ex-ante markets, balancing market, system services market) capacity market, market charges and grid planning

  • Continue to drive the development of Centrica Powers capability towards best-in-class data management. You will also champion and progress the level of data automation within the business

  • Manage priorities within the team to keep commercial focus and ensure timely delivery. A high-level of model quality, for example as determined by back-testing. Also, timely delivery of analysis and market insights capable of supporting and influencing key decision making, in addition to maintaining appropriate and auditable records.

The Person:

  • A qualification and background within a quantitative or scientific field such as mathematics, physics, or engineering

  • Expert knowledge of power and gas markets

  • Experience in forecasting and modelling energy markets in a commercial environment, including the valuation and optimisation of generation assets

  • Understanding of the structure & operations of the UK power market

  • Understanding of the UK energy policy environment

  • Understanding of the UK grid operation, constraints and opportunities

  • Experience of managing and working with professional teams

  • Proficient at programming in Python, Matlab, or a similar

  • Experience of dealing with influencing senior stakeholders

  • Excellent written and verbal communication skills, including the ability to communicate technical concepts to a non-technical audience.

Why should you apply? 
 
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you.

http://www.morethanacareer.energy/cbs

 

If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.    

 
Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey. 

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The Company
Berkshire
17,651 Employees

What We Do

Centrica is a leading energy services and solutions provider founded on a 200-year heritage of serving people. We are the UK’s biggest retailer of zero carbon electricity, serving around 10 million customers across the UK, Ireland and Continental Europe through brands such as British Gas, supported by around 9,000 highly trained engineers and technicians. Centrica’s purpose of helping you live sustainably, simply and affordably drives our strategy and our People and Planet Plan.

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