Wholesale Market Strategy Manager - ESO

Great Britain's electricity system is undergoing an ambitious, exciting and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.

The Wholesale Market Strategy Manager will own this workstream in the ESO REMA Programme, ensuring that we have the relevant market options analysis available to contribute to the government programme effectively. You will build and manage an effective team and will regularly represent ESO on the REMA OWL (Operational, Wholesale and Location) Working Group sharing your analysis and influencing and engaging stakeholders from DESNZ and Ofgem, and across industry.

You will work closely with colleagues from DESNZ and Ofgem and deliver bespoke analysis to determine how changes to the wholesale market could be best designed and implemented, which could, if zonal pricing is decided upon, include the optimal number of zones, the process for redrawing zones periodically, the impact of zonal pricing on market participants and consumers and how any adverse impacts can be best mitigated.

Any introduction of locational wholesale signals will inevitably result in winners and losers, so being able to make well-evidenced and unbiased arguments is of paramount importance. Just as important will be influencing your peers and executive members in NESO - locational pricing reforms will impact every aspect of the organisation, so internal stakeholders will need to be fully bought into your vision.

This role can be based from Warwick, Wokingham or Glasgow and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.,

• Set the strategic direction of the ESO Zonal Pricing workstream, and work closely with the other workstream managers to ensure overall coherence of the ESO market design and policy recommendations that are feeding into the government's REMA programme


• Accountable for the delivery of the Zonal Pricing workstream.


• Develop detailed options for the optimal zonal market design in GB, considering factors such as social economic welfare and implementation complexity


• Scope and lead consultancy projects to complement in-house analysis


• Establish and lead a happy, motivated and diverse team of analysts. Develop each team member in the core capabilities needed to deliver the programme objectives.


• Create and role-model a culture where the NESO values thrive, that is Be Curious; Accelerate Progress; Create Belonging; Build Trust.


• Lead effectively across the NESO organisation, influencing other leaders to support your strategic recommendations and commit to delivering capability/resource/data where required.


• Deliver through your teams to produce first-rate analysis that is presented (written and verbal) in a way that is compelling, visually appealing and impactful.



• Working with the Head of Governance and Stakeholder to:

+ Ensure healthy project management of your workstream - milestones are met, good governance and compliance is achieved, risks are managed and mitigated, and all reporting is completed on time and to a high quality.
+ Execute the stakeholder strategy for the programme. This will involve engaging and influencing stakeholders within the REMA programme (DESNZ and Ofgem) but also across the GB industry

• Represent ESO on the REMA OWL Working Group, ensuring the ESO's recommendations are implemented
  
  What we do isn't just important - it's essential. That's why we look to recruit experts in their field. In this case, we're looking for someone who:


• Experience in leading a motivated and high-performing team is a strong advantage


• Experience in leading complex strategy projects for a consultancy or a utility is a strong advantage


• Understanding of GB wholesale, balancing and dispatch market design is a strong advantage


• Experience operating/trading in GB electricity markets a strong advantage
  
  At National Grid ESO, our mission is to meet the challenges of the future and deliver cleaner, affordable electricity. We constantly strive to do this better by using technology and innovation to transform the way we work., In Summer of 2024, the ESO will transition to becoming the National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator will be the independent body responsible for planning Great Britain's electricity and gas networks and operating the electricity system.


The ESO, including all of its existing roles, will be at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users' need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them.

The organisation will be set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As the ESO are today, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all.

The time to deliver is now. As part of our team, you won't just be touching the lives of almost everyone in Great Britain - you'll be shaping the way we use and consume energy for generations to come.

A competitive salary between £65,000 - £75,000pa - dependent on experience and capability.

As well as your base salary, you will receive a bonus of up to 15% of your salary for stretch performance, 28 days annual leave as standard, and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.

As we work towards creating a cleaner, greener, and more affordable future for all, we also work towards creating a place for our teammates to belong, with professional and personal growth and positive well-being.

• Full support and career-development resources to expand your skills, enhance your expertise, and maximise your potential along your career journey.


• A diverse and inclusive community of belonging, where teammates are empowered to bring ideas to the table.


• Generous Total Rewards Plan - comprising of health, finance and wealth, work/life balance, and career benefits.