Senior Modelling Analyst

Responsible for the development and enhancement of quantitative models, methodologies, analysis techniques, and software tools to support all areas in Assets & Trading and BGE which interact with the wholesale gas and electricity markets.

About the Role:

1. Develop and deliver models, methodologies or analysis across several functional areas from among:
2. Optimisation of generation dispatch and generation asset valuation.
3. Use of fundamental modelling capability (including Plexos) to support the development of a range of scenarios to assess the impact of climate targets on Ireland’s power system, prices and BGE assets. Includes forecasting of Day
4. Ahead, Intra-day, Balancing and system services markets and associated revenues.
5. Maintain familiarity with regulatory decisions and market publications which shape market design. Provide analysis on modifications and consultations dealing with the wholesale energy market (ex-ante markets, balancing market, system services market) capacity market, market charges and grid planning
6. Support for originating and structuring commercial contracts including renewable PPAs, building knowledge of key market structures affecting these assets.
7. Analysis of competitor behaviour and identification of commercial opportunities.
8. Support for tool building and business process improvement.
9. Forecasting/analysis of long and short term demand for power and gas
10. Forecasting of wind and solar generation.
11. Drive analyse of complex data using statistical techniques to facilitate modelling team activities.
12. Support the trading of BGE’s portfolio by ensuring that the short-term modelling process (data input/outputs, processing and performance) is streamlined and meets trading requirements.
13. Regular monitoring of forecast error and ongoing refinement of models.
14. Maintain up-to-date knowledge of market and regulatory developments.
15. Maintain adequate documentation for all models and methodologies and ensure adequate controls are in place
16. Perform any other duties that may arise.