£34.9k per annum

The energy system will continue to change rapidly and fundamentally on the path to net zero by 2050. National Grid is at the heart of this transition, which pose strategic questions for us as a business and for the wider sector. The Market Analytics team, as part of Strategy & Regulation, leads on quantifying the strategic questions for National Grid, working collaboratively with internal and external stakeholders to collectively answer the broader questions for the whole industry.   

A Market Analytics Analyst is responsible for understanding the UK/EU energy markets, identifying risks and opportunities within the energy markets for National Grid. They will carry out analysis to quantify these risks and opportunities, sharing the analysis with stakeholders. 

As well as having a good overall understanding they will be responsible for market intelligence and detailed analysis on specific countries, companies and topics within the UK/EU.

The analyst will use in house models to understand the energy market in detail and create bespoke spreadsheets to carry out analysis as and when required.  

Some of your key accountabilities may include: 

• Analyse energy market data to draw inferences and present results and insights in a clear and understandable format.
• Ensure that key energy market risks/opportunities are fully understood, properly evaluated and communicated to the appropriate stakeholders.
• Deliver market knowledge and business challenge to help ensure delivery of £bn+ projects (such as Interconnectors, Multi-purpose interconnectors, Transmission grid reinforcements etc.) 
• Development and maintenance of European Power Market and Commodity Market Scenarios. Analysing to support key commercial projects, investment decisions, business planning, strategic planning, and new business opportunities. 
• Provide support in developing and improving Market Analytics in-house market models. Articulate and explain market model inputs/outputs to internal and external stakeholders. 

Our Graduate Programme

As you’ll be joining our 18-month graduate programme, you’ll have a tailored development pathway to support you as you develop a wide range of leadership, business, and technical skills. You’ll attend in-person and virtual development sessions throughout your programme to equip you with the essential skills required, as you begin your career at National Grid. We’re committed to the personal development of our colleagues so as well as the support from your line manager as you navigate your new role, you’ll also have access to 121 coaching and a mentor, from a previous cohort to help you transition from campus to corporate life. 

All graduates complete the core development programme to develop key skills such as how to make an impact, giving feedback and presentation skills. Aligned to this role is our Commercial pathway, where you’ll further develop commerciality skills and gain important insight of engineering and electricity to increase your understanding of our business and industry. Dependent upon your role you may complete a formal qualification such as (Chartered Institute of Professional Development) CIPD. 

We believe in the importance of getting as much on-the-job experience as possible and to do this, you will complete three 6-month placements, across the UK, designed to deepen your understanding of your speciality but to also broaden your knowledge of our business. At the end of your 18-month programme you’ll return to your initial placement area to kickstart your superpowered career.

What you’ll need to apply

You’ll need to achieve a minimum 2:2 in a Numerical, Engineering, Business, Finance or Computing degree discipline. It doesn’t matter when you graduated or if you are currently working towards your qualification. We just need you to be eager to apply your knowledge in a real-world setting. 

Due to the amount of travel to our site locations, you’ll need to have a full valid UK driving license that allows you to drive in the UK.

You’ll need flexibility to travel within role and throughout your rotations as required. 

To be eligible to apply for this role, candidates must be able to demonstrate that they will have the legal right to work in the UK for the duration of the graduate programme. If you do not currently have the right to work in the UK, or your visa is due to expire during the period of the graduate scheme, please indicate this in your application and we will consider your eligibility for visa sponsorship and whether it would be appropriate to take your application forward .

Location

This role is based in Warwick offering flexible hybrid working, where possible.

What you’ll get in return 

We are proud to offer a graduate starting salary of £34,895.

Not only will you receive a tailored development programme to progress a superpowered career at National Grid, we also offer some great rewards and benefits too: 

• £2,000 bonus, once joined and started on programme
• 26 days holiday
• £2,400 payment on successful completion of the programme
• Up to £200 per month accommodation allowance as you move around the business, and additional annual leave for when you move between placements plus assistance with moving personal belongings
• Other benefits include pension and share-option schemes, Flexible Benefits, close mentorship and regular feedback & volunteering opportunities. 

Applications & Deadline

We recruit on a rolling basis and reserve the right to close our vacancies once we have enough applications/based on volume of applications. We encourage you to apply as early as possible to ensure you obtain the place you want in the application process. 

You can only apply for one graduate opportunity during this recruitment cycle. We kindly ask that you review all our graduate opportunities and apply for the one that aligns closest with your aspirations and interests.

Assessment centres will be held between November 2024 and March 2025 in Warwick.

More Information

At National Grid, it’s our people that provide our true superpower. They drive and sustain our growth, their unique differences only making us stronger, so we pride ourselves on placing diversity, equity and inclusion at the heart of who we are and what we do and are committed to building a workforce of the future which represents the communities we serve.

We welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office where and when needed.

All our offers are based on the right to work in the UK, qualifications, the innovation from creating diverse teams and perspectives, as well as business need. 

National Grid is at the heart of the UK energy network keeping people connected and society moving. We develop, own and maintain the physical infrastructure, such as pylons and cables needed to move the electricity generated from windfarms and power sources around the country. Every time a phone is plugged in, or a switch is turned on, we’ve played a part, connecting you to the electricity you need – and we’re leading the transformation towards a greener future, dreaming bigger to bring a more affordable energy future to everyone.

But it’s our people that provide our true superpower. They drive and sustain our growth, their unique differences only making us stronger. But it’s no small feat – and we need the best to join us in our mission. So, join us and power the future of energy.