Power Market Analyst - South Korea

Wood Mackenzie is the global data and analytics business for the renewables, energy, and natural resources industries. Enhanced by technology. Enriched by human intelligence. In an ever-changing world, companies and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience. Our team of over 2,400 experts, operating across 30 global locations, are enabling customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make confident decisions when it matters most.

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Wood Mackenzie Values

• Inclusive – we succeed together
• Trusting – we choose to trust each other
• Customer committed – we put customers at the heart of our decisions
• Future Focused – we accelerate change
• Curious – we turn knowledge into action

Role Purpose

Wood Mackenzie Power and Renewables provides a one-stop integrated subscription, analysis and advisory service for companies in the energy and related sectors, enabling our clients to make the best decisions within a constantly evolving global energy industry.

We are looking for a Power Market Analyst to join our team in Seoul, South Korea. The successful candidate will be responsible for power market modelling and analysis covering the South Korean market including hydrogen and new clean energy technologies and supporting the wider Asia Pacific power and renewables team. He or she will use cutting-edge power dispatch models, engage industry executives on key market trends and forecasts, and deliver high-impact and original research and insights to clients.

Joining a global team of power and renewables experts, you will quickly contribute to our power research in Asia Pacific. You will analyse the impact of latest policies and investments with our regional power models, develop technology and power price outlooks, coordinate with experts and stakeholders to optimise forecasts, and work on latest modelling advances such as in battery storage, hydrogen and ammonia co-firing, and curtailment forecasting.

With guidance and reasonable inputs from the Research Director, you will also independently prepare high-quality, insightful reports, publications and presentations to influence clients’ business decisions. Through research trips, client interactions and industry events you will have opportunity to build and maintain relationships with a range of clients and other experts in the power & renewables industry. You will stay informed on key market trends and implement the latest ideas into power modelling and research reports.

This role includes industry-leading skills training and learning opportunities and has excellent career development potential for thought leadership, power market analysis, and strategy roles in the power & renewables industry.

Main Responsibilities

• Detailed data tracking and analysis of the South Korean power and renewables market including developments in hydrogen and other emerging technologies

• Managing and updating regional power dispatch models and price forecasts with a focus on South Korea

• Producing insightful presentations and reports on power market trends and fundamentals

• Engaging and presenting to clients in Korean and English to explain our research and understand market trends

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About You

The role is ideal for an early career experienced professional who has a high aptitude for quantitative analysis and modelling, is passionate about understanding the big picture trends in the energy industry, and is looking to develop a career as a recognized power sector expert. The successful candidate will be expected to have the following qualities, qualifications and experience:

• High interest and aptitude for market analysis and power modelling, preferably with related work experience. Relevant on-the-job training will be given to the selected candidate.

• 2+ years of relevant work experience in an analytical role in the power & renewables industry such as at a utility, developer, consultancy or investor. A good understanding of power markets, technologies and company strategies is of high value.

• Enthusiasm, curiosity, willingness to expand knowledge and skills, the ability to tackle challenging questions and to rethink conventional wisdom.

• A bachelor’s degree in a relevant discipline such as engineering, science, economics, finance or other area. A graduate degree is preferred but not required.

• Strong Excel skills. Experience in programming and database management a plus.

• Good team player, with strong organisation, planning and time management skills

• Effective writing and presentation skills

• Strong attention to detail

• Fluency in written and spoken English and Korean is required 

Expectations

• Wood Mackenzie is committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment which encourages diversity and fosters a sense of belonging. 

• This role is office based and the successful candidate will be expected to work from the office for the majority of the time, but with flexibility to work-from-home as needed.

• Due to the global nature of the team, a degree of flexible working will be required to accommodate different time zones.

Wood Mackenzie Values

• Inclusive – we succeed together

• Trusting – we choose to trust each other

• Customer committed – we put customers at the heart of our decisions

• Future Focused – we accelerate change

• Curious – we turn knowledge into action

Equal Opportunities

We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov 

If you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process.