Research Analyst - Power Market (Plexos Experience)

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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• 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

The Role:

We are seeking a Power Market Analyst to join our team in Gurugram, India. The successful candidate will be responsible for power market modelling and analysis covering various Asian and European markets and supporting the global power and renewables team.

As a Research Analyst, you’ll provide analytical and modelling support to our long-term power markets team, gaining a deeper understanding of power market dynamics. As part of a global team of power and renewables experts, you will contribute to our power research by analyzing the impact of the latest policies and investments using our regional power models. You will develop technology and power price outlooks, collaborate with experts and stakeholders to produce accurate/ bankable forecasts and work on cutting-edge advancements in areas such as battery storage and curtailment forecasting. The role will involve staying informed on key market trends and incorporating the latest ideas into our power modelling and research reports.

This role also offers opportunities to build and maintain relationships with clients and industry experts. Along with industry-leading training and learning opportunities, it has significant career development potential, paving the way for thought leadership and strategic roles in the power and renewables sector.

Requirements:

Intellectual Curiosity & Collaboration:

• Intellectually curious, collaborative, and highly organized, with a strong attention to detail.

• Focused on delivering exceptional service to clients and committed to our research's continuous growth and improvement.

Qualification/Experience:

• Work experience of 2-4 years with any - utility, developer, consultancy/research provider, university, think-tank, or another market/investment-focused organization

• Exceptional analytical/quantitative skills, including experience in modelling or commercial analysis in power markets.

• Experience in optimisation models (such Plexos, Aurora, SDDP etc) will be an added advantage

• Comfortable working with large datasets, databases, and APIs, and familiar with tools like Python, SQL, and Power Query to handle and analyze data

Knowledge & Skills:

• Strong understanding of power and renewable market dynamics

• Familiarity with the enablers and implications of decarbonization in the energy sector

• Knowledge of key commercial frameworks such as support/incentive regimes, power purchase agreements, capacity and ancillary markets, and energy policy

Communication Skills:

• Strong written and verbal communication skills in English

• Fluency in additional European languages is an advantage

Career Development Growth opportunities:

We are committed to our employees' ongoing growth and development. As part of our team, you will have access to various career progression opportunities, including training, mentorship, and the chance to take on new challenges to expand your skill set.

Learning and development:

You will be encouraged to continuously build on your skills through formal training programs, industry certifications, and workshops. We invest in your professional development to help you stay ahead of the curve in an ever-evolving industry.

Collaborative culture: You will be able to work alongside experts across various domains within the company, which will help you develop a broad skill set and gain exposure to different business areas.

Mentorship and support: We provide mentorship and coaching to help you navigate your career path. You'll have the chance to learn from senior professionals and receive feedback to enhance your performance and reach your career goals.

Cross-functional exposure: Through collaboration with different teams, you will gain valuable cross-functional experience that can open doors to new opportunities in areas such as strategy, business development, or leadership.

Focus on work-life balance: We believe career development goes hand-in-hand with work-life balance. With flexible working hours and hybrid work options, you can focus on your professional growth while maintaining a healthy balance.

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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.