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Storage Market Analyst – Renewable Energy
March 2, 2023 | Comments Off on Storage Market Analyst – Renewable Energy
Storage Market Analyst - Renewable Energy
London: hybrid role
Renewco Power are looking for a creative analyst to support our country-specific storage development strategy and investment process from power market analytics, storage revenue stream forecasting and regulatory perspectives. This is a great career opportunity for someone who is currently working at a reputable UK grid tech software company, with first-hand experience in storage assets, and would like to move to a fast-growing renewable energy developer and investor.
You will be assisting the Storage Business Development team with commercial RtM analysis and building revenue models 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.
The role
- Fundamental power market and regulatory analysis for storage business opportunity in of each the target markets in Europe and the US
- Analysis of energy market data from various territories to produce historical trends and forecasts
- Analysis of third party information to develop forecasts, investment cases and summaries for wider business
- Managing relationships with third party analysts and recommend suppliers for specialist items of work
- Understanding and analysis of TSO grid network and interlink between the grid connection process and storage revenue models
- Developing, supporting and managing storage financial models for individual development projects
- Supporting the development team in modelling different project development scenarios
About you
Our ideal candidate is likely to have 2 to 3 years of experience at a power grid data infrastructure, storage RtM provider or aggregator company. We are also looking for:
- Master's degree or equivalent, preferably in economics, business or engineering
- Experience of storage revenue optimisation, forecasting or trading data analysis
- Training in modelling and data analysis
- High IT proficiency in MS Excel, macros and/or programming
- Highly self-motivated
- Strong organisational skills with the ability to multitask
- Strong initiative and creative thinking
- Passion for renewable energy and data
- Willingness to travel occasionally to attend conferences and meet key stakeholders in target markets
About Renewco Power
Set up in 2021, Renewco Power is a renewable power business, with plans to become a leading European clean energy platform. Renewco focuses on developing utility-scale solar, wind and storage assets across Europe and U.S, with the aim of maximising the potential in clean energy projects. The company is targeting the development of over 4GW of renewable assets within five years.
Renewco's founders are a highly experienced and entrepreneurial group whose founders have 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.
Renewco Power was launched with a £24 million (€28 million) investment from Corran Capital who raised cornerstone funding from FTSE 100 utility, SSE plc. A further £24 million was raised to support the acquisition and development of a 1.5GW pipeline of solar and storage projects in the US. SSE's financial support will enable Renewco to accelerate the implementation of the team's high growth strategy. Renewco will be based in Scotland, with hubs in London and a selection of European countries.
If this sounds like the role for you please get in touch or apply with a CV.
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.