Power Markets Analyst

This is a fully remote position, open to applicants in Italy, +5 more countries.

📋 Description

• Oversee the commercial development, negotiation, and optimization of Battery Energy Storage System (BESS) projects, which encompass standalone storage units and solar-plus-storage co-located initiatives.

• Determine the most effective value propositions and market access strategies for projects.

• Project revenue forecasts and analyze offtake contract options, including Tolling Agreements and Power Purchase Agreements (PPAs).

• Enhance commercial plant designs to minimize risks and maximize value at the Ready-to-Build (RTB) stage.

• Cultivate and sustain comprehensive knowledge of electricity markets in at least one targeted country.

• Track regulatory and market changes, assessing their effects on project revenues and commercial feasibility.

• Gather, analyze, and formulate electricity price forecasts and revenue expectations.

• Evaluate and compare market access routes and optimization strategies, selecting and negotiating the best commercial frameworks.

• Initiate, negotiate, and finalize Tolling Agreements and Power Purchase Agreements with offtakers, utilities, and traders.

• Assist in business case development, investment decisions, financial modeling, and technical/commercial due diligence.

• Establish and nurture relationships with utilities, energy traders, optimizers, aggregators, system operators, regulatory bodies, investors, and asset managers.

• Assess and enhance technical system configurations, including duration, sizing, and the PV/BESS ratio.

• Collaborate with Development, Engineering, Finance, and external partners throughout the project's lifecycle.

• Conduct quantitative analyses to compare battery durations, determine battery sizing, evaluate revenue distribution, and perform scenario and sensitivity analyses.

⛳️ Requirements

• Solid understanding of electricity markets in at least one European target market.

• Acquainted with Day-Ahead, Intraday, Balancing, Ancillary Services, Capacity Markets, and other flexibility markets.

• Knowledge of current revenue optimization and commercialization strategies for standalone BESS and co-located renewable energy ventures.

• Proficient in interpreting and utilizing market models, revenue forecasts, and financial models.

• Strong Excel proficiency and financial modeling skills are essential.

• Familiarity with Python, Power BI, or similar tools is advantageous.

• Experience in commercial negotiations, tolling agreements, PPAs, or energy trading is a plus but not required.

• Excellent commercial acumen and negotiation abilities; proven success in leading and closing deals.

• Strong analytical capabilities and structured problem-solving skills.

• Self-motivated, proactive, and possess an entrepreneurial mindset.

• Exceptional communication and stakeholder management skills.

• Fluent in English (both written and spoken); proficiency in additional European languages is an asset.

• Bachelor's or Master's degree in Energy Economics, Economics, Engineering, Mathematics, Physics, Finance, or a related field.

• 5-8 years of experience in commercial or offtake origination, PPA/tolling negotiation, market access strategies, or energy trading, along with a strong grasp of electricity markets and BESS & all renewable assets.

• A demonstrable track record of successful deals is highly desirable.

🏝️ Benefits

• Flexible working arrangements that promote a robust work-life balance.

• Competitive compensation and benefits that are customized to the local market and your experience.

• A diverse, international team operating within a collaborative and inclusive culture.

• Access to modern equipment, including a laptop and mobile phone.

• A vibrant co-working office situated in a central location.

• The chance to contribute to impactful renewable energy projects across six countries.

• A dynamic and innovative environment that fosters learning, growth, and career development.