Research Analyst - Power Market (Modelling 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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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

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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 

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