Ancillary Services Analyst
Posted a day ago
- Drax, North Yorkshire
- Any
- External
- Expires In 3 months
Ancillary Service Analyst
Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.
Selby/hybrid (2-3 days per week in the office)
CL5 (internal advert only)
Do you have strong problem-solving skills with a curious mindset?
Do you want to want to be at the cutting edge of renewable energy, work towards enabling a zero carbon, lower cost energy future, and help change the way energy is generated, supplied, and used, then this role is for you!
About the role
As an Ancillary Service Analyst, you’ll be part of the wider Trading and Optimisation team. Day to day, you’ll be providing fundamental Ancillary Services analysis, assumptions, forecasts, and a variety of analytical activities with a core focus on current and emerging Ancillary Services markets.
Working closely with the wider Trading & Optimisation team within liquid traded markets, you will play an active role in supporting daily trading strategy decisions from within-day out to up to 5 years ahead, with the delivery of Flex Value annual targets in excess of c.£200m/year
Specifically, you’ll provide robust fundamental analysis, engage in trading strategies, develop and maintain models, review past analysis, own pricing tools and trading-decision models such as price forecasting and simulation models. You will also provide market and competitor intelligence to identify areas to add value.
The desk is small in relative terms, but this means you will have more ownership and visibility with management, and have greater interaction across the business. As our portfolio expands, so does the opportunities for you. To learn, to grow, to diversify and to become indispensable to our business. Drax is a great place to power your career.
About you
You’ll need to have a degree level education in a subject along the lines of science, maths, economics, engineering or other numerate subject, as well as working knowledge of UK power markets. Experience and understanding of power generation units will set you up to settle in quickly, as will a curious mindset.
You’ll have solid experience with statistical and fundamental modelling using IT techniques such as; SQL, Python, Excel, Business Intelligence tools (Power BI); and be able to apply a pragmatic approach to large data structures.
If you have a good understanding of the methods underlying linear and mixed integer programming with experience of building models and solving them with commercial optimisers (Xpress/CPLEX), you’ll be set up for quick success in the role.
Time for a change? Apply today to start the next chapter in your career.
About Drax
Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses, and we operate a generation portfolio of sustainable biomass, OCGTs, hydro-electric and pumped storage assets across seven sites in England and Scotland.
We are the UK’s largest source of renewable electricity, and we operate a global bioenergy supply business with manufacturing facilities across the US and Canada, producing compressed wood pellets for our own use and for customers in Europe and Asia.
To learn more about how we’re enabling a zero carbon, lower cost energy future, click here.
Your Development
It’s important to speak with your current line manager about your career development and any internal role you are applying for. You can also find lots of resources and tools to help with your development on the Career Development page on SharePoint.
Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.
Selby/hybrid (2-3 days per week in the office)
CL5 (internal advert only)
Do you have strong problem-solving skills with a curious mindset?
Do you want to want to be at the cutting edge of renewable energy, work towards enabling a zero carbon, lower cost energy future, and help change the way energy is generated, supplied, and used, then this role is for you!
About the role
As an Ancillary Service Analyst, you’ll be part of the wider Trading and Optimisation team. Day to day, you’ll be providing fundamental Ancillary Services analysis, assumptions, forecasts, and a variety of analytical activities with a core focus on current and emerging Ancillary Services markets.
Working closely with the wider Trading & Optimisation team within liquid traded markets, you will play an active role in supporting daily trading strategy decisions from within-day out to up to 5 years ahead, with the delivery of Flex Value annual targets in excess of c.£200m/year
Specifically, you’ll provide robust fundamental analysis, engage in trading strategies, develop and maintain models, review past analysis, own pricing tools and trading-decision models such as price forecasting and simulation models. You will also provide market and competitor intelligence to identify areas to add value.
The desk is small in relative terms, but this means you will have more ownership and visibility with management, and have greater interaction across the business. As our portfolio expands, so does the opportunities for you. To learn, to grow, to diversify and to become indispensable to our business. Drax is a great place to power your career.
About you
You’ll need to have a degree level education in a subject along the lines of science, maths, economics, engineering or other numerate subject, as well as working knowledge of UK power markets. Experience and understanding of power generation units will set you up to settle in quickly, as will a curious mindset.
You’ll have solid experience with statistical and fundamental modelling using IT techniques such as; SQL, Python, Excel, Business Intelligence tools (Power BI); and be able to apply a pragmatic approach to large data structures.
If you have a good understanding of the methods underlying linear and mixed integer programming with experience of building models and solving them with commercial optimisers (Xpress/CPLEX), you’ll be set up for quick success in the role.
Time for a change? Apply today to start the next chapter in your career.
About Drax
Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses, and we operate a generation portfolio of sustainable biomass, OCGTs, hydro-electric and pumped storage assets across seven sites in England and Scotland.
We are the UK’s largest source of renewable electricity, and we operate a global bioenergy supply business with manufacturing facilities across the US and Canada, producing compressed wood pellets for our own use and for customers in Europe and Asia.
To learn more about how we’re enabling a zero carbon, lower cost energy future, click here.
Your Development
It’s important to speak with your current line manager about your career development and any internal role you are applying for. You can also find lots of resources and tools to help with your development on the Career Development page on SharePoint.