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Octopus Energy Generation (OEGEN) is seeking an Energy Markets Specialist to provide senior commercial and market expertise across its renewable energy portfolio. The company manages over £8 billion in global renewable energy assets and is committed to accelerating the transition to net zero.
In this highly commercial and execution-focused role, you will lead energy-market coverage for a key fund (ORIT) and build OEGEN's battery energy storage system (BESS) commercial strategy across priority markets. You will translate complex energy markets into clear commercial recommendations that support investment decisions, optimize operational assets, and develop consistent approaches to BESS revenue strategy, route-to-market, hedging, and market risk management.
Key responsibilities include:
- Leading energy-market coverage for ORIT, including route-to-market performance, revenue strategy, hedging, market risk, and key commercial counterparties
- Building OEGEN's BESS commercial strategy across priority markets, including revenue underwriting, route-to-market, optimiser selection, and risk management
- Providing senior market input into investment decisions, challenging assumptions on power prices, capture prices, ancillary services, balancing, negative pricing, grid constraints, and commercial structures
- Developing clear standards and guidance for BESS and collocated assets, ensuring lessons from operational assets inform new investment assumptions
- Leading or overseeing complex commercial processes, including optimiser, route-to-market, and strategic PPA tenders
- Monitoring energy-market, regulatory, and policy developments across OEGEN's priority markets
- Working closely with Fund Asset Directors and Fund Management teams to develop and implement market strategies
- Managing relationships with traders, optimisers, balancing parties, advisers, and other key commercial partners
- Defining and interpreting quantitative analysis for hedging, BESS, merchant exposure, and portfolio risk
- Communicating complex market issues clearly to Investment Committee, Asset Boards, and investors with practical recommendations and clear risk assessment
You will work across Asset Management, Fund Management, Investment, and Technical teams, splitting time between fund and asset support, strategic market development, complex commercial processes, and challenging market assumptions. You are expected to use external partners where appropriate while retaining clear ownership of commercial questions, analysis, and recommendations.
Requirements:
- Significant experience in European power markets, renewable energy commercialisation, trading, optimisation, or energy-market advisory
- Strong practical experience of BESS commercial strategy, including revenue modelling, route-to-market arrangements, ancillary services, dispatch considerations, and optimiser performance
- Experience working for or advising a renewable IPP, fund manager, utility, trading house, optimiser, or energy-market consultancy
- Excellent commercial judgement with a track record of challenging and improving market assumptions, commercial structures, or route-to-market strategies
- Strong understanding of renewable revenue drivers, including PPAs, merchant exposure, hedging, balancing, capture price, negative pricing, ancillary services, and grid constraints
- High financial and numerical acumen with the ability to build, review, and challenge complex revenue models and investment assumptions
- Experience leading complex commercial processes and managing external counterparties, including PPA, route-to-market, optimiser, or trading arrangements
- Ability to work credibly with investment, technical, fund-management, and asset-management teams, translating market complexity into clear decisions
- Strong written and verbal communication skills with the ability to present commercial recommendations to senior management, Investment Committee, and investors
