Energise your career, accelerate a net-zero future - #Renewablesjobs
The Opportunity
Would you like to provide governance and oversight on market risk and regulatory compliance? Reporting to the Energy Regulation Manager, your role as Market Compliance Analyst will be to ensure that all our assets operate within and navigate complex and rapidly changing regulatory landscapes?
Location: We will support you to work on a hybrid basis. You will be based from one of our head offices – London, Durham or Edinburgh
Pay, benefits and culture
At EDF Renewables we’re dedicated to doing good things and we take pride in tackling the world’s biggest challenge – climate change. We do this by embracing new ideas to create an innovative and open-minded culture, a culture where we trust the best versions of ourselves to make good things happen.
Alongside a competitive salary, bonus, and a market-leading pension scheme, we offer a range of flexible benefits, and employee discounts to help you thrive across all aspects of your life. You can spend your flexible fund on the benefits that matter to you, whether that’s an electric vehicle, private healthcare, or additional holiday.
We’ll offer you the flexibility, freedom and responsibility to make an impact in your role; whether that’s on-site, in the office or hybrid working from home.
We’re committed to championing diversity representation across gender, ethnicity, LGBT+, disability and more. This applies to all our roles, underpinned by our Everyone’s Welcome inclusion programme.
We’re a disability confident employer and we’ll do all we can to help with your application, making adjustments as you need.
You’ll be great at….
You’ll provide management & administration of all energy market compliance with regulators and Transmission system operators, including but not limited to REMIT & TCLC compliance & reporting.
- Manage all regulatory audits requested by external stakeholders such as National Grid ESO, OfGem and DESNZ.
- Develop key interfaces between EDF Renewables UK & Ireland and EDF (UK) on Grid Code, Generation License & Wholesale Market compliance.
- Monitoring of financial risk from trading activities, such as forward hedging and ancillary service bidding.
- Ensuring adherence to internal procedures and policies, creating these where they do not exist.
- Providing independent challenge to the Revenue Optimisation team.
- Producing regular reports to monitor and track compliance across key areas such as: balancing mechanism bid pricing in Scotland, REMIT publications and Grid Code data submissions.
- Supporting market registration for new assets.
What do you need to be great at this role?
You’ll hold a relevant academic qualification at degree level or recognised equivalent in addition to;
- Knowledge and experience of the UK energy market / regulations, energy trading and ancillary service markets operation (Wholesale Markets, Balancing Mechanism, Frequency Response Markets)
- Knowledge of the policy making process in the UK and ability to understand and synthesise complex regulatory documents.
- Strong commercial experience with quantitative and qualitative skills.
- Experience of the energy industry is essential.
- Experience with Route to Market contracts (e.g., PPAs) is desirable.
- Excellent analytical thinking with the capability to effectively present and communicate key findings and recommendations.
- Strong compliance capability.
- Strong communication and presentation skills, with both internal & external stakeholders.
- Effective at building relationships with internal and external shareholders.
- Able to work effectively across a business with strong influencing skills.
Closing date for applications: 17th of March 2024
Why EDF Renewables?
At EDF Renewables UK & Ireland we’re committed to tackling climate change. Our rapidly growing team of 500 talented people share an ambition to create a net zero future where clean, green, energy powers all our lives.
It’s a huge ambition and time is of the essence if we are to play our full part in meeting the UK and Ireland’s challenging net zero targets. With our unique mix of technologies including onshore and offshore wind, solar PV, battery storage and green hydrogen we are the UK & Ireland’s most diverse generator of renewable energy.
To achieve our goal of generating a massive 10GW of renewable energy by 2035, we’re working with stakeholders and communities throughout the UK and Ireland to unlock the enormous potential of the low carbon energy sector.
If you’re passionate about tackling climate change to create the cleaner, greener future we all want, we would love you to come join us.
Join us, and let’s do good together.
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