Energy Commercial Analyst, ESB Trading
9 hours ago
ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland, Northern Ireland and Great Britain, and an international energy consulting business.
With almost 8,000 employees we invested €1bn in infrastructure last year, contributed over €2bn to the economies we operate in and distributed over €2m across a range of community initiatives. This requires us to bring the best of our capabilities together to deliver innovative and value-driven solutions that enable our customers to live low-carbon lives. ESB strives to foster an effective and inclusive culture where people engage, challenge and feel connected to our purpose, colleagues, customers and community.
Position Description
ESB Trading delivers optimisation, risk management and wholesale market access to ESB’s Generation portfolio and to its third-party customers. Trading plays a critical role in delivering value to ESB through management of its generation and supply business in ISEM and GB. Trading is organised into the Front, Middle and Back Office areas, supported by Modelling, IT and Finance.
The Portfolio Optimisation and Renewable Origination team is a key part of Trading’s Front office area. One area the team is responsible for is optimising revenue streams from our generation portfolio which involves dynamically trading the output of the assets typically from one month out to three years. Central to this is devising hedging strategies, pricing power products, and maximising value from the Capacity Auctions with the ISEM and GB markets.
In addition, responsibility for the delivery of value through opportunities with renewable assets (both internally and externally), the origination of PPA contracts and other commercial arrangements lies within this team. Maintaining commercial relationships internally with ESB and externally with counterparties around the renewable and thermal portfolios is a key focus at the heart of this team.
The successful candidate will be responsible for supporting senior team members responsible for expanding ESB’s renewables portfolio and supporting contract negotiations by analysing and understanding commercial positions, identifying potential opportunities, executing new and bespoke commercial arrangements for both the renewable and thermal assets and optimising the terms of current contracts.
Key Responsibilities
- Support the lead originator in developing commercial strategies for the route to market PPA sector.
- Supporting the identification for new offtake opportunities through competitive solicitations and bilateral discussions in the renewable sector in GB and Ireland.
- Analysing, and assessing the commercial value and risks associated with renewable portfolio opportunities, PPA agreements and other ancillary or services as they arise.
- Identifying and supporting the development of new and bespoke contractual arrangements for un-subsidised renewable assets and route to market opportunities.
- Delivering excellence in contract management approach and negotiation, and ensuring all key internal approvals are managed.
- Reporting and analysing on the performance of existing renewable commercial contracts and other agreements with a particular focus on the performance of the wind and solar contracts in the prompt markets.
- Collaborating across multiple teams within ESB Trading to support the setup and delivery of agreed contract terms from prompt trading through to the settlement teams.
- Working closely with the Modelling and Prompt Trading teams to support the maximisation of value from the route to market PPAs.
- Keeping abreast of changes in the energy markets and support schemes for renewable energy technologies.
- Building and maintaining strong internal and external stakeholder relationships.
Experience and Qualifications
- At least 5 years relevant work experience is required, preferably in the energy trading sector.
- It is expected that the successful candidate will possess a Bachelor’s Degree or higher in business, engineering, sustainability, finance, or a related field or equivalent work experience.
- Ability to model, forecast and analyse potential commercial value, prices and risks for a range of contract types and options.
- Have strong written, verbal communication and reporting skills.
- Self-starter who is capable of involvement in negotiations and representing ESB Trading’s position in a commercially sensitive environment.
- Depth of relevant experience (Energy Markets, Financial Services, Contract Management).
- Understanding and knowledge of Energy Trading in both the GB and ISEM.
- Ability to work on their own initiative.
- Be enthusiastic and display excellent interpersonal skills.
- A strong numeric and analytical background with excellent attention to detail.
Location
This position is based in 27 Lower Fitzwilliam Street, Dublin, D02 KT92. This role may entail business travel.
ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.
Reporting To
The successful candidate will report to Portfolio Optimisation Manager in ESB Trading.
Why Work with Us?
- Opportunity to lead Ireland’s transition to net zero carbon future.
- Progressive, hybrid working model.
- Career development through mentoring and training.
- Corporate Social Responsibility Opportunities.
- Sports and Social Clubs.
- Networking opportunities.
- Credit Union.
- Access to staff well-being programmes.
- Generous parental leave entitlements.
- Strong values-based and inclusive culture.
- Strong commitment to diversity, equity and inclusion.
- Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted.
€57,950 to €68,150 per annum
Closing Date
27th January 2025
Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, recruitment@esb.ie.
If you have any queries in relation to this job, please contact recruitment@esb.ie.
Your application will be held in reserve for 6 months should you be suitable for the role.
#J-18808-Ljbffr
-
Energy Commercial Analyst, ESB Trading
7 days ago
Dublin, Ireland ESB Full timePosition Description ESB Trading delivers optimisation, risk management and wholesale market access to ESB's Generation portfolio and to its third-party customers. Trading plays a critical role in delivering value to ESB through management of its generation and supply business in ISEM and GB. Trading is organised into the Front, Middle and Back Office areas,...
-
Energy Portfolio Analyst, ESB Trading
7 days ago
Dublin, Ireland ESB Full timePosition Description ESB Trading delivers optimisation, risk management and wholesale market access to ESB's Generation portfolio and to its third-party customers. Trading plays a critical role in delivering value to ESB through management of its generation and supply business in ISEM and GB. Trading is organised into the Front, Middle and Back Office areas,...
-
Regional Manager Telecoms Services
7 days ago
Dublin, Ireland ESB Full timePosition Description At Networks Telecoms, we pride ourselves on being at the forefront of utility telecommunications, playing a pivotal role in the seamless operation of modern electricity networks. As a leading-edge provider, we are integral to the success of the ESB's digital strategy, enabling innovative solutions and ensuring the reliability and...
-
Pensions Investment Analyst
1 day ago
Dublin, Ireland ESB Full timePosition Description The ESB Defined Benefit and Defined Contribution pension schemes are two of the largest occupational pension schemes in Ireland. The Trustees are responsible for overseeing all aspects of the Fund's investment policy and have implemented a specialist investment structure with investments managed externally by Irish and International...
-
ESB Engineering Opportunities
4 hours ago
Cork, Dublin, Ireland Electricity Supply Board Full timeSelect how often (in days) to receive an alert: ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation,...
-
(1/20/2025 A) Data Analyst, Networks IT
1 day ago
Dublin, Ireland ESB Full timePosition Description The successful candidate will report to the Data Analytics & Strategy Manager, Networks Assets and will work within the Networks business as a data and business intelligence specialist. The successful candidate will be responsible for helping ESB Networks become a more data driven organisation. The successful candidate will be...
-
HV Generation Cables Engineer
9 hours ago
Dublin, Ireland ESB Full timeJoin our dedicated team where we provide specialist engineering services in the design of high voltage transmission and distribution underground cable systems. The Generation Cables group within the HV Cables Department is responsible for the design and project management of high voltage underground cable and submarine cable projects for ESB Asset...
-
Onshore Wind Project Manager, UK
2 days ago
Dublin, Ireland ESB Full timePosition Description Are you looking for a new challenge? We are looking for an Onshore Wind Project Manager to join us on our journey to a Brighter Future. Here in Renewables Projects, we provide project management and engineering services in support of renewable power generation for ESB and external clients. Working with our colleagues in ESB Asset...
-
Onshore Wind Project Manager, Dublin
1 day ago
Dublin, Ireland ESB Full timePosition Description Are you looking for a new challenge? We are looking for an Onshore Wind Project Manager to join us on our journey to a Brighter Future. Here in Renewables Projects, we provide project management and engineering services in support of renewable power generation for ESB and external clients. Working with our colleagues in ESB Asset...
-
Senior Treasury Analyst
9 hours ago
Dublin, Ireland Electricity Supply Board Full timeESB is a purpose-led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland,...
-
IT Business Analyst
1 day ago
Dublin, Ireland Electricity Supply Board Full timeESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution and supply in Ireland,...
-
Construction Commercial Manager
2 days ago
Dublin, Ireland Elgin Energy Full timeOur Vision Our Mission Elgin Values Core behavioural responsibilities for all employees Agility We Lead with Agility Integrity We Act with Integrity Excellence We Empower Excellence Care We Value Care Integration of our three core values into our employment processes and frameworks allows Elgin to recognise and respect individual employees for their...
-
Trade Lifecycle Analyst
2 days ago
Dublin, Ireland J.P MORGAN S.E Dublin Branch Full timeJob Description Unlock your potential with J.P. Morgan's Fund of Fund Custody team, where we empower institutional investors to navigate global markets with confidence. As a pivotal part of our Custody Middle Office Department, you'll be at the forefront of ensuring seamless operations and exceptional client service. Dive into a dynamic role that blends...
-
Commercial Finance Analyst
4 hours ago
Dublin, Ireland ENGINEERINGUK Full timeCommercial Finance Analyst - Dublin, Reading, Swansea or Livingston - Hybrid ICON plc is a world-leading healthcare intelligence and clinical research organization. We're proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us on our mission to shape the future of clinical development. ICON PLC is currently...
-
Senior Associate
5 hours ago
Dublin, Ireland Elgin Energy Full timeOur Vision Our Mission Elgin Values Core behavioural responsibilities for all employees Agility: We Lead with Agility. Integrity: We Act with Integrity. Excellence: We Empower Excellence. Care: We Value Care. Integration of our three core values into our employment processes and frameworks allows Elgin to recognise and respect individual employees for...
-
Dublin, Ireland Electricity Supply Board Full timeSelect how often (in days) to receive an alert: Customer Relationship Manager ROI, Ecars Vacancy Number: 26110 Business Job Type: Full-time ESB is a purpose led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most...
-
Commercial Analyst
1 day ago
Dublin, Ireland Brightwater Full timeCommercial Analyst Calling all Pricing and Commercial Analysts! (Hybrid role in Dublin) I am recruiting for multiple roles at mid to senior levels: salaries between €65K and €80K plus a full suite of benefits. Be part of a global team with offices in multiple cities across Europe and the US. If you're a seasoned analyst with a passion for pricing...
-
3 Days Left! Financial Planning Analyst
1 day ago
Dublin, Ireland Brightwater Full timeFinancial Analyst Company Overview: Financial Planning Analyst Role with a leading city centre-based energy provider. Commercial opportunity with flexible hybrid working. About the Role: Our client are seeking a FP&A Analyst to join our team. This role offers a unique opportunity to contribute to the strategic direction of our business by providing...
-
Senior Financial Planning Analyst
1 day ago
Dublin, Ireland Brightwater Full timeSenior Finanical Planning Analyst Company Overview: Senior Financial Planning Analyst Role with a leading city centre-based energy provider. Commercial opportunity with flexible hybrid working. Initially being offered on a one year contract basis. Role Purpose Reporting to the Head of Commercial Finance you will be responsible for the delivery of critical...
-
Sustainability Data Analyst
1 day ago
Dublin, Ireland AECOM Full timeStart here. Grow here. At AECOM we are currently recruiting for a Sustainability Data Analyst to join us at our Dublin office. Here’s what you’ll do: Your day-to-day will include but not be limited to the following tasks and responsibilities; AECOM are seeking a motivated and detail-oriented Sustainability Data Analyst with a passion for...