Senior Research Analyst - CCUS

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’s Energy Transition Research

Wood Mackenzie’s research groups provides integrated subscription, research and advisory services to inform and support our client’s commercial and strategic decisions in the complex and rapidly changing energy industry across all sectors of the economy.

Combining our deep knowledge of solar, wind, storage, and grid technologies, combined with our global power and hydrocarbon fuels modeling and analytical capabilities, and emerging technologies like hydrogen and CCUS, Wood Mackenzie can provide data and insight spanning the entire energy value chain. We cover supply chain, technology, policy and market issues, fundamentals-based outlooks, scenario modelling, price forecasting, asset valuation, and commodity market landscapes.

Team Profile

This role will serve as a mid-level analyst within Wood Mackenzie’s CCUS global research team, which collaborates across the Americas, APAC, and EMEA, and is part of the Carbon Management division. The successful candidate will be expected to spearhead critical research efforts and for certain efforts, manage teams of analysts. This is an excellent opportunity to join a talented and growing team and make a major contribution to the energy transition at a global scale.

The Carbon Management division is a key pillar of Wood Mackenzie’s Energy Transition research, drawing upon multiple commodity areas. The group’s work helps our clients understand market trends across the several of the critical technologies enabling the energy transition. Coverage spans emissions, carbon markets, CCUS, abatement technologies, and scenario modelling.

Carbon Management and the CCUS team within it are both growing quickly as we help to drive the pace and scale of the energy transition and to serve different customer segments with integrated analysis.

In the CCUS team we build cost and asset models, interpret policies, track market activity, assess new technologies and build deployment forecasts. We have successfully launched a Lens Carbon analytics platform to help our customers make the best-informed decisions in this market.

Our clients are responsible for the success of their firms’ technology roadmaps, project development, corporate strategy relating to economic value of projects, competitive positioning, product marketing, and go-to market strategies.

Key internal collaborations within Wood Mackenzie are with our expert groups on subsurface CO2 storage, carbon markets, hydrogen and industries to which CCUS is a potential abatement technology (upstream, LNG, refining, chemicals, power, and metals).

Role Purpose

This role will be responsible for covering the CCUS market in the North America region and enhancing its depth and breadth. It is also important to bring strong global context to regional discussions, and you will work closely with the global CCUS team members to develop our global views. There will be one or more categories of broad CCUS research, especially regarding capture and other technologies where you will be expected to spearhead Wood Mackenzie’s research efforts on a global scale.  

You will develop and enhance Wood Mackenzie’s proprietary datasets on CCUS. And together with our Data and Product teams you will contribute new views, insights and analytics as the market grows.

You will be responsible for economic modelling of CCUS projects, feeding into our Lens Carbon Valuations Service, as well as contributing to team expertise on the subject. This will involve understanding project costs, business models, revenue structures and fiscal terms. You will analyse and communicate qualitative and quantitative drivers for the strengths and weaknesses of each project.

You have and continue to develop a strong technical grasp of chemical processes.

You will become a go-to person within Wood Mackenzie to support internal stakeholders as they translate intelligence on the CCUS and carbon market to each of their business lines. You will integrate your analysis with the rest of the team deliverables, including insights on topics such as regional activity, technology development and policy evolution. You may also contribute to bespoke consulting projects on CCUS market activity.

You will be responsible for developing research reports independently and within collaborative teams based on insights you develop as a part of your work.   

Importantly, you will develop your own relationships with industry, financial, and government partners, at a senior level. Partners may or not be Wood Mackenzie customers. This will be to establish a knowledge base to test assumptions on project and market specifics, as well as to represent Wood Mackenzie’s CCUS research in a high-quality way to customers.

Main Responsibilities

• Produce regular written reports and insights on the changing way CCUS and other Carbon Removal mechanisms impact the Energy Transition
• Own and develop cash-flow analyses and written content for individual CCUS projects (clusters, hubs, individual projects), with a focus on the North America region.
• Work with the Modelling Centre of Excellence to translate fiscal and subsidy terms relevant to each market where carbon capture, use and storage projects operate or are planned.
• Present findings in market reports, industry insight pieces and in person via conference calls, webinars and conferences.
• Build a strong relationship with senior industry stakeholders in the CCUS space across North America.
• Conduct high-quality primary research with project developers, governments and investors on projects, costs, policy updates and market evolution.
• Spearhead research concepts and ideas for the CCUS team and Carbon Management.  
• Strengthen the CCUS data apparatus through surveys, interviews, and secondary research. Refresh the analytical models with updated data on a regular basis.
• Provide high-quality client service to research subscribers through responding to inquiries, one-on-one conversations, and special events. Become a trusted speaker representing Wood Mackenzie CCUS at industry and Wood Mackenzie events.
• Collaborate with SMEs and internal stakeholders across Wood Mackenzie to support the creation of our content.

Knowledge and Experience

• Demonstrable achievement and growth in past academic and/or professional endeavors
• Knowledgeable and experienced in financial modelling of energy-related assets
• 3 to 5years or more of distinguishing previous experience in carbon management, CCUS or CCUS-related sectors (e.g. oil and gas, power, chemicals, steel, hydrogen, cement), project development, project and energy economics, energy policy research, or energy transition technologies and initiatives
• Familiar with policy landscape as it impacts the energy transition
• Familiar with energy demand, technology adoption and technology cost modelling.
• Strong analytical and problem-solving capabilities. Interested in using both qualitative and quantitative methods to answer market questions.
• Strong technical acumen relating to chemical processes including, but not limited to, carbon capture, cement, steel production, cement production, power generation, refining, petrochemical, fertilizer, and liquefaction.
• Self-driven with demonstrated history of driving change, exhibiting leadership, and creating value within a dynamic team. Capable of switching between the roles of an individual contributor and a collaborator.
• Strong communication skills. Comfortable interacting with clients and industry stakeholders at a senior level.
• Capable of managing ambiguity; able to synthesize complexity into key themes and insights by being resourceful and persistent.
• An engaging nature, capable of connecting with co-workers, clients and industry stakeholders in a wide range of professional settings around the globe.
• Passionate, with a deep intellectual curiosity, about the energy transition. Specifically, the impact of carbon capture and removal capability amid a wider, global business and policy landscape.

Key Competencies

• Issue identification and problem-solving
• Building analytical models, manipulating and illustrating data.
• Strong and improving leadership skills
• Demonstrated engineering and technology experience
• Cross-functional knowledge accumulation (e.g. finance, technical, policy, data/product)
• Planning, implementation
• Efficiency-focused
• Determined and resilient
• Continuous improvement
• Creativity
• Curiosity
• Orientation to detail
• Building and maintaining relationships
• Compelling communication and senior/executive presence
• Personal impact
• Collaboration

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.