Senior Analyst, Power Markets

Details of the offer

Department: Power Markets APAC
Location: Sydney
About Lightsource bp
Lightsource bp is a global leader in the development and management of solar energy projects. We are a 50:50 joint venture with bp with a mission to help drive the world's transition to low carbon energy.
With solar set to increase tenfold in the next 20 years, we are well-positioned to capitalize on this growth. By joining the Lightsource bp team, you will 'be the change' on the world's energy transition to a more sustainable future.
We pride ourselves on our entrepreneurial spirit as we continue to push the boundaries of an ever-changing energy landscape. By choosing a career with us, you can expect a challenging and fulfilling role surrounded by people who are passionate about sustainable technology and innovation.
What You'll do (the role)
Summary
The APAC Energy Markets team plays a critical role in originating, negotiating, and securing contracts to manage revenue streams for LSbp's projects and develop strategies to optimize the generation portfolio within the APAC region. As the Senior Analyst, Power Markets, you will work closely with the Energy Markets Team to:

Deliver regular, and ad hoc, market and regulatory analysis and insights
Ensure accuracy of modelling
Inform the market strategy and evaluate market opportunities for LSbp's assets (e.g., pool price analysis in APAC markets, investigating and reporting on market events, competitor analysis, evaluating hedging products)
Support the team in evaluating PPA opportunities and deliver ad hoc projects

The individual will have the opportunity to obtain a deep commercial and financial understanding of renewable energy development, energy storage and energy markets and gain valuable insight into the commercial strategies employed in maximizing revenue streams from renewable generation.
Duties and responsibilities

Market price, fundamentals and policy analysis

Co-ordinate and own day-to-day analysis and regular reporting on market prices, market fundamentals and changes, and policy developments
Use analysis to deliver market insights to support energy marketing activity
Evaluate the impact of potential new policy developments on market conditions and pricing
Manage and improve access to market data and information, including use of external vendor software
Produce ad-hoc reports and analysis for the Energy Markets team as required to support PPA opportunities, new market entry, and for internal reporting


Forecasting and modelling

Co-ordinate quarterly price forecast updates and project-specific analysis as needed including reviewing and communicating results, managing inputs and engagement with third party advisers and in-house users of forecasts.
Assist in the analysis of asset hedging strategies including utilizing financial models and reporting results.
Ensure consistency and accuracy of in-house assumptions for modelling and price forecasting, working cross-functionally as required.


Portfolio Reporting

Oversee the position reporting activities for the portfolio, including the production of reports
Develop presentations on market conditions, hedge strategy performance and position management as required
Work cross-functionally to align inputs with settlements and other users of energy markets data


New Markets

Conduct research and presentations on market drivers and policy conditions and opportunities in the new APAC markets
Support the evaluation of PPAs and revenue opportunities in new markets
Co-ordinate price forecasting related to new markets, including the utilization of external advisers



Who we're looking for
Knowledge & Experience

Experience in Australian energy markets (primarily NEM, with experience in the WEM and other APAC markets a bonus) and an interest in evolving energy markets
Experience with Wind, Solar or BESS, or in a commodities trading environment
Previous experience in an analysis focused role.
A genuine interest in energy market dynamics and the desire to understand the 'why'
Numerate and with an advanced knowledge of Excel and PowerPoint (experience with Power BI a bonus)

Qualifications

University qualified with a commercial, mathematics or engineering degree advantageous.

Why you'll make a great member of the team
Personal qualities

Excellent numerical and analytical skills, and attention to detail
A strong team member with an interest to build your knowledge and support your team
Excellent written and verbal communication skills
Excellent interpersonal skills, especially the ability to build strong relationships with numerous stakeholders throughout the entire company
Ability to deliver a wide variety of tasks with limited supervision often in a limited timeframe
Ability to learn quickly and adapt to a wide variety of tasks
Ability to problem solve and work well under pressure

Why you'll want to work for us
Our company is a place where you can be yourself and grow; a place where your ideas and opinions matter.
Be you
We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.
Be responsible
Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.
Be recognized
Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.
Be inspired
Beyond your day-to-day working life at Lightsource bp, there's a variety of initiatives that will contribute to your own personal development.
Our Core Values
Lightsource bp truly cares about creating a sustainable future through safe, responsible, and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.

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