Renewable Energy Analyst

Location - Bristol / flexible

The OVO Group’s purpose is to drive progress towards net zero carbon living. To reach Plan Zero, we need everyone to come together - not just as customers buying energy, but as members with a common goal. As part of this ambitious plan, our goal is to become the ‘Leading Employer in the UK’ by 2030. If you think you could be the talent we’re looking for, then come and join the adventure!

We launched in 2009 with a mission to change energy for the better. Since then, we’ve welcomed over a million members, planted a million trees, and set our sights on helping save the planet.

As a Group, we’re working to become a net zero carbon business by 2030, while helping our OVO Energy members halve their carbon footprints at the same time. 

Green energy and technology are great tools to fight the climate crisis with. But it’s people power that will rewrite history.  

So we’re building a zero carbon team inside and out. Of people who share our values, feel inspired by our mission, and want to make change happen. When you work for OVO, it’s not just a job. It’s the work of a lifetime. And we want the sharpest minds to help. 

Up for the challenge?

Where in the world of OVO will I be working? 

Working within OVO’s Trading function, this role sits within the Renewable Energy Trading team and reports into the Renewable Energy Trading Manager.  This team is responsible for the effective procurement of renewable energy for OVO’s customer base through both direct electricity offtake from renewable facilities and the procurement of green certificates.  A key activity for the team in 2021 will be the development and growth of OVO’s presence in the UK direct PPA market.  

The Renewable Energy Trading Team will consist of the team manager, an Originator and this newly created analyst role.  This role will be critical to assessing the value of potential renewable energy procurement contracts and in developing the systems and processes required to value and the operate PPA contracts.  The role holder will take the lead on analysing renewable market fundamentals to help inform our green certificate hedging strategies.

OVO’s Trading function is a dynamic and fast paced environment that manages over £1 bn of wholesale energy requirements and £400m of green certificates each year.  

What will I be doing?

Key responsibilities will include but are not limited to:-

• Analysing the costs, benefits and risks associated with renewable energy procurement to enable us to value multiple different potential deal structures
• Development of models and business processes,  with robust process controls,  to enable the efficient and accurate valuation of renewable energy procurement opportunities and potential deal structures
• Development of a reporting suite to deliver a timely and accurate view of forecast and delivered electricity volumes and profits through renewable procurement activities
• Development and operation of reporting capability to accurately allocate the forecast and outturn costs of renewable energy to different Retail Business units
• Owning and operating our renewable energy certificate requirements models to monitor and calculate the commitments that have been made to the Retail Customer base
• Researching and analysing renewable certificates markets and developing and communicating views on potential future market movements that can inform our renewable certificate hedging strategies
• Providing ad-hoc analytical and operational support to the PPA and green certificate procurement activities as required

Is this the job for me? 

We are seeking a technical analyst with first hand experience in renewable energy procurement or renewable certificate trading and risk management.  

Ideally you will have…

• Experience as an analyst or data scientist in renewable energy procurement, renewable certificate trading and risk management or another closely related field
• Detailed understanding of the UK electricity market rules, industry charges and energy settlement processes
• Knowledge of the economics and risks associated with direct PPA contracts with renewable generators
• Experience developing analytical computer models
• Some exposure to programming languages, ideally Python and SQL
• Experience with data visualisation tools (ideally Tableau)
• Confidence managing and manipulating large datasets
• You will need to be able to take the initiative in addressing complex challenges. 
• Flexibility; willing to contribute across a range of projects.
• Demonstrable high attention to detail
• Strong communication skills
• A drive to learn and develop new skills
• Be a creative thinker who thrives off direct responsibility
• A team player who thrives in a challenging environment
• Self-starter, comfortable working both autonomously and with colleagues to deliver value in a small, high-functioning team.

From us you’ll get*

• An annual discretionary bonus
• 4% of your salary to spend on flexible lifestyle benefits
• 5% matched employer contribution to your pension
• 25 days holiday + 1 for your birthday
• And many more... 

(*) Please note that certain benefits kick-in once you have passed probation which can be up to 6 months after your start date.

We want the best people 

At OVO, we empower our people to have choice around where and when they work - flexible working arrangements can be discussed for all of our roles. Please speak to the Talent Acquisition team for more info.

We’re keen to meet people with varied backgrounds - our view is the more inclusive we are, the better our work will be. We want to build teams which represent a variety of experiences, perspectives and skills, and we recognise talent on the basis of merit and potential.

We understand some people may not apply for jobs unless they tick every box. If you're excited about joining us and think you have much of what we're looking for, even if you're not 100% sure… we'd love to hear from you.

Learn more about working in the OVO family of companies on our careers page and Glassdoor. We’re also delighted to have received a Top Employers certificate in 2018, 2019 and 2020!