Senior Research Analyst - Energy Demand

In the middle of the energy transition, businesses and governments are faced with significant challenges. But the pace and scale of change mean every decision is made under mounting pressure. Now, more than ever, companies need reliable data, analytics and actionable insight.

Wood Mackenzie is the leading global provider of data and analytics solutions for the renewables, energy and natural resources sectors.

Wood Mackenzie’s services include data, analytics, insight, events and consultancy. A trusted partner for over 50 years, Wood Mackenzie’s team has over 2,300 experts across more than 30 global locations who cover the entire supply chain.

Wood Mackenzie Values

• Inclusive – we succeed together
• Trusting – we choose to trust each other
• Customer committed – we put customers at the heart of our decisions
• Future Focused – we accelerate change
• Curious – we turn knowledge into action

Wood Mackenzie’s Energy & Natural Resources Research

Wood Mackenzie’s research groups provide integrated subscription research and advisory services to inform and support our client’s commercial and strategic decisions in the complex and rapidly changing energy and natural resource industries across all sectors of the economy.

Combining our deep energy and material commodities knowledge base with enhanced analytical capabilities, Wood Mackenzie provides data and insights spanning the entire energy value chain as well as emerging technologies like hydrogen and CCUS. We interpret evolving fundamentals by considering supply chains, technology costs, and policy landscapes while delivering price forecasting, asset valuation, and energy transition scenario capabilities.
 

Team Profile

This role will serve within Wood Mackenzie’s Demand team, a part of the Commodities segment. The Commodities segment is central to Wood Mackenzie’s energy and natural resource research, enabling clients across value chains to understand and respond to market and portfolio-related risks. Some of the services we provide include short-term and long-term market research reports, economic benchmarking, and forecasting of energy and natural resource commodity prices.

As a part of the Fundamentals group, the Demand team is growing quickly as we serve customer segments with integrated analysis. As part of these efforts, we model full energy and non-energy demand for commodity consuming sectors such as Transportation, Residential / Commercial, Agriculture and Industrials. We interpret policies, assess new technologies and build deployment forecasts to create an underlying view of the adoption of low-carbon alternatives versus traditional fuels. We also provide scenario forecasts to support Wood Mackenzie’s proprietary 2 and 1.5 degree pathways where country level modelling reflects specific pathways on the journey towards net-zero emissions.

Key internal collaborations within Wood Mackenzie are with our expert groups covering upstream, gas/LNG, oil/refining, petrochemicals, steel, metals, power, renewables, hydrogen and CCUS.
 

Role Purpose

Working together with our global Commodities, Scenarios, Product, Technology and Consulting teams , this role will be responsible for building and maintaining new energy demand models across key sectors such as Residential, Commercial, and/or Industrials.

You will own Wood Mackenzie’s proprietary sectoral forecasts rotating swiftly from market to market. You’ll coordinate research across teams to inform newly developed models and contribute new views, insights and analytics as each market evolves. You will analyse and communicate qualitative and quantitative growth drivers for the markets you cover.

You will become a go-to person within Wood Mackenzie to support internal stakeholders as they translate intelligence on each sector to each of their business lines. You will integrate your analysis with wider team deliverables, including insights on topics such as regional activity, technology development and policy evolution. You may also contribute to bespoke consulting projects on different sectors and geographies. 

Importantly, you will develop your own relationships with industry partners. This will be to establish a knowledge base to test assumptions, as well as to represent Wood Mackenzie’s distinguished research in a high-quality way to customers.
 

Main Responsibilities

• Develop innovative demand forecasting solutions across key energy demand sectors (Residential / Commercial and/or Industrials)
• Own and develop analysis with input from key stakeholders across regional and commodity knowledge bases
• Produce regular content exposing how sectors are adapting to the Energy Transition
• Build and maintain relevant datasets to support demand and transition views
• Work with the Scenarios & Technologies team to update outlooks for alternative energy transition datasets which feed into our proprietary scenarios coverage
• Present findings through written market reports and industry insight pieces as well as in-person via conference calls, webinars and conferences
• Build strong relationships with industry stakeholders to conduct high-quality research with project developers, governments and investors on projects, costs, policy updates and market evolution
• Strengthen the data apparatus through surveys, interviews, and secondary research; refresh the analytical models with updated data on a regular basis
• Provide high-quality client service to research subscribers through responding to inquiries, one-on-one conversations, and special events

Knowledge and Experience

• 3-5 years of knowledge and hands-on experience modelling energy markets, typically in XLS but programmes such as Python as bonus
• Previous work or academic experience assessing energy demand in one or several of the following sectors: residential and commercial buildings, industrials and/or power
• Familiar with energy demand, technology adoption and technology cost modelling; an understanding of energy transition related novel technologies (nuclear, geothermal, hydrogen, CCUS, biofuels, etc.)
• Strong familiarity with policy landscape as it impacts the energy transition
• Strong analytical and problem-solving capabilities. Interested in using both qualitative and quantitative methods to answer market questions
• Self-driven. Capable of switching between the roles of an individual contributor and a collaborator
• Strong communication skills; comfortable interacting with clients and industry stakeholders across different time zones and as part of a global team
• An engaging nature, capable of connecting with co-workers, clients and industry stakeholders in a wide range of professional settings
• Passionate, with a deep intellectual curiosity, about the energy transition

Key Competencies

• Building analytical models, manipulating and illustrating data
• Building and maintaining relationships
• Communication and collaboration
• Personal impact
• Can work across global teams and timezones 

Equal Opportunities

We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov 

If you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process.

Find out more at [email protected]