Price Forecasting Analyst
Share
Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job description
Join us as we work to unlock the value of offshore wind! JERA Nex bp is a new joint venture between JERA Japans largest power generation company and bp one of the worlds leading energy companies. Established to unlock the potential of offshore wind across the globe our talented team exciting pipeline and solid capital commitment give us the potential to become one of the worlds most successful offshore wind companies.
We entered the market with a portfolio of operational and development assets alongside the resources capabilities and resilience to deliver offshore wind energy at scale.
Why this role matters
As part of the Investments Team and reporting to the Head of Commercialisation & Energy Portfolio youll contribute to the evolution of our capability in energy revenue/cost forecasting. Initially we will expand our capability in sourcing analyzing and challenging 3rd party forecasting providers. Over time this capability is expected to evolve including development of own input assumptions for 3rd party forecasts and/or the build-out of our in-house modelling capability.
In this role you will:
lead relationship management of 3rd-party forecast and market data providers including procurement responsibility
challenge third-party forecast providers on their outputs highlighting weaknesses. Intellectual curiosity to understand and challenge:
input assumptions
consistency of methodology/assumptions across different forecasts
consistency of assumptions within forecasts
Improve market awareness within stakeholder groups with market updates and commentary
Drive evolution of team capability from sole reliance on 3rd party providers to development of in-house modelling capability
Support the production of crucial inputs to JNBP investment decisions spanning financial assumptions (interest rates fx etc.) energy market curves (gas baseload Power offshore wind capture rate) and capacity build-out (offshore wind other generation technologies storage capacity demand capacity)
Evaluate input from regional commercialization leads using own judgement to challenge or incorporate such market-facing input into forecasting.
Job requirements
To be successful in the role you will bring:
Degree qualified in a quantitative discipline preferably economics or engineering
7 years in energy markets across consulting utilities or investments with some focus on renewable energy
Strong problem-solving quantitative analytical skills and attention to detail
Strong experience using analytical and data manipulation tools such as Excel SQL Python
Presentation and communication skills ability to distil complex subjects into fundamental drivers
Ability to evolve team capability responding to needs of the business and developing best practice from own initiative
Experience gained within a top-tier energy market consultancy would be beneficial.
Intellectual curiosity to understand and challenge assumptions
Confidence to challenge the third-party curve providers on their outputs.
What you can expect from us:
Working at JERA Nex bp means being part of a global leader in offshore wind where innovation collaboration and sustainability drive everything we do. Youll enjoy:
A collaborative and inclusive work culture with space for team-building and social activities
Flexible working hours and the opportunity to work from home with regular in-person connection
Opportunities for career growth and professional development in a fast-growing international company.
As we build our company we are driven by:
Care for each other and our world we leave egos at the door are inclusive collaborative and open to new ideas
A spirit of ingenuity - we are pioneers and innovators making the impossible possible
A commitment to unlocking value from offshore wind we aim to make offshore wind sustainable affordable and accessible to the countries & communities we serve.
About JERA Nex bp
JERA Nex bp is a purpose-built offshore wind company committed to unlocking the power of offshore wind by developing high-quality competitive projects.
A 50:50 joint venture between JERA Co. and bp JERA Nex bp is an end-to-end developer owner and operator with more than fifteen years of experience in operating offshore wind projects.
Headquartered in London with offices across Europe Asia US and Australia JERA Nex bp has a portfolio of operational and development projects across nine countries and draws on a rich heritage of pioneering offshore wind in Asia Pacific and the North Sea.
All done!
Your application has been successfully submitted!
Required Experience:
IC
Key Skills
- ArcGIS
- Intelligence Community Experience
- GIS
- Python
- Computer Networking
- Data Collection
- Intelligence Experience
- R
- Relational Databases
- Analysis Skills
- Data Management
- Application Development
About Company
Parkwind N.V. is a Belgian company founded in 2012 with the conviction that wind energy is key to a sustainable future. Today that conviction is stronger…
