Energy Storage Analyst

Location

City of London, Greater London | United Kingdom

Job description

Energy Storage Analyst

London / Hybrid

Competitive Package

If you are a highly self-motivated individual who has a desire to contribute towards country specific storage development strategies and pipeline identification utilising power system and market analytics, storage revenue stream forecasting and regulatory insight, then we want to hear from you.

This is a great career opportunity for someone who is currently emersed in the world of power systems and markets, and would like to play an intrinsic part in creating a pipeline of high impact national and international energy storage projects. This role offers opportunity to work with an agile business that will support you and develop your knowledge in battery storage technologies, grid connections and revenue modelling and the opportunity to explore new technologies and solutions.

As a smaller company, we are an agile and flexible organisation and you'll be working with an entrepreneurial and highly experienced team from across the clean energy and environmental sectors.

Responsibilities:

• Contribute towards country specific storage development strategies and pipeline identification utilising power system and market analytics, storage revenue stream forecasting and regulatory insight.
• Support the Storage team in developing business cases for storage projects in multiple European markets, through commercial RtM analysis and assessment of revenue streams in each of the target geographies based on fundamental bottom-up (i.e. renewables penetration, power market trends, need of ancillary services, others) and top-down (i.e. regulatory, country targets) storage market analysis.
• Assess opportunities and risks for storage projects in specific locations and nodes, thereby identifying preferable connection points which our country specific development teams can progress project siting opportunities.
• Power system and TSO grid analysis to identify potential project opportunities.
• Power market and regulatory analysis to develop Renewco Power's market specific storage business cases.
• Analysis of third party information to develop revenue forecasts to contribute to strategy summaries and financial models.

About you

• Experience working with a TSO, storage RtM provider or Optimiser, pure play storage developer or technical consultancy with a focus on analysing power systems and markets.
• Masters' degree or equivalent, preferably in economics, business or engineering, enabling complex data analytics.
• High IT proficiency in MS Excel, macros and/or programming.
• Ability to compile complex analysis into concise hypothesis and conclusions through reports and presentations to inform strategy direction.
• Power system engineering and analysis would be advantageous.
• Technical specialism in battery storage.
• Power market modelling.
• Ability to work individually and as a team.
• Excellent communication skills, both verbally and in written form.

Applicant must be able to travel occasionally to work with development teams, attend conferences and meet key stakeholders in target markets.

About Renewco Power

Renewco Power is a renewable power development business established in 2021 and backed by Corran Capital with £48M upfront cornerstone funding from SSE Plc. Our focus is on developing utility scale solar PV, onshore wind, BESS and green hydrogen projects across 4 markets: UK, US, Spain and Italy. Our goals are to continue building a leading renewable development platform and to develop ~4GW of ready-to-build projects across these technologies within 5 years.

Renewco's founders are a highly experienced and entrepreneurial group with over 100 years of combined renewables development and investment experience, having successfully developed more than 10GW+ of renewables in over 50 countries, raising more than £2 billion to finance these assets in the process. In 18 months since starting up Renewco, we have raised £48m in funding, established a strong, diverse team of 26 energy professionals with a common purpose, set-up companies in our 4 target markets and created a project development pipeline of 3GW.

We believe our experienced team, strategy to build strong local teams and a partnership approach to business coupled with our flexible mandate, can enable Renewco to originate and develop high-quality development projects and make a significant contribution to the energy transition that the world needs.

What we offer

• Great salary and benefits including bonus, private medical and strong pension contributions
• Career development
• Flexible working

Apply today if you have the skills and experience detailed above

By applying for this role, your details will be sent to Ortolan People, who are engaged to provide recruitment support in processing applications. We will endeavour to respond to all applicants within three working days. Occasionally for roles with a very high volume of applicants, this may not be possible.

Job tags

Salary