bp

Senior Power Market Insights Manager

bp

full-time

Posted on:

Location Type: Hybrid

Location: London • United Kingdom

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Job Level

Senior

About the role

  • Guide development and assurance for commercial revenue streams for projects along the power value chain
  • Guide the projects teams and trading in evaluating offtake products and monetisation strategies for new and existing projects and support in pricing of PPA configurations
  • Support M&A initiatives and due diligence
  • Lead and guide teams to solve sophisticated business challenges by applying a hypothesis-led approach to developing commercial assurance and optimisation methodologies
  • Lead a portfolio of complex projects on power value chain assurance and optimisation projects on behalf of the VP Power Market Insights and the SVP S&S, and our businesses
  • Develop work plans and prioritise backlogs, ensuring quality control and continuous improvement across the project lifecycle
  • Develop storylines and prepare presenting materials which effectively communicate commercial assurance and recommendations for a diverse range of audiences, including bp’s businesses, integrating functions and bp LT
  • Stay updated with industry trends and standard processes and actively monitor market movements to identify new strategic business opportunities aligned with bp’s strategic direction
  • Develop the capabilities of the wider team by leading 1:1s and group coaching of relevant commercial & functional skills and knowledge areas
  • Contribute to bp’s intellectual capital by sharing knowledge and insights within the S&S team and across bp

Requirements

  • Significant, direct experience in a power markets role
  • Deep experience in Energy Economics and European / Asia-Pacific electricity markets with focus on bp’s markets of interest (UK, Germany, Iberia, Japan, Australia etc.)
  • Good understanding of European / Asia-Pacific market legislations and regulations at asset and regional level including RES auctions, certificates etc.
  • Strong understanding of power and flexibility markets, including day-ahead, intraday, balancing services (FCR, aFRR, mFRR), capacity and renewable markets, RED III, and grid tariff structures
  • Thorough understanding of Emissions Trading System (ETS), other CO2 markets and global commodity markets
  • Proven track record to lead multiple projects simultaneously, working across diverse teams: originating, initiating, and developing projects and work programmes; mobilising teams; ensuring quality and timely delivery
  • Problem solving and strategic thinking: demonstrated success in developing and implementing commercial strategies that drive significant business improvements aligned with bp’s overarching strategy
  • Ability to build and manage relationships and networks both internally and externally, delivering tailored high-quality solutions
  • Assertiveness, with strength in conflict resolution
  • Excellent communication, presentation, facilitation, and influencing skills: ability to lead workshops, clearly communicate commercial market narratives and facilitate & influence discussions with diverse audiences at senior levels
  • Excellent writing skills and oral presentation
  • Demonstrated experience mentoring, coaching, and developing junior team members
  • Advanced financial competence and business development skills: shown ability in identifying new business opportunities, developing proposals, and evaluating commercial feasibility
  • Good business judgement and ability to arrive at pragmatic solutions to complex strategic and commercial problems
  • Minimum Bachelor's degree, or equivalent experience in business, economics
  • Experience in power market or optimisation modelling would be advantageous
  • Language skills: English mandatory (business fluent), other languages (e.g. Spanish or German) would be beneficial.
Benefits
  • Competitive pay
  • Bonuses
  • Share options
  • Flexible benefits from healthcare and retirement plans to paid time off and agile working
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Energy Economicspower marketsEmissions Trading System (ETS)commercial strategiesoptimisation modellingfinancial competencebusiness developmentpricing of PPA configurationsmarket legislationsgrid tariff structures
Soft Skills
problem solvingstrategic thinkingrelationship managementconflict resolutioncommunication skillspresentation skillsfacilitation skillsmentoringcoachingbusiness judgement
Certifications
Bachelor's degree in business or economics