Research Analyst - Power Market

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape.

For over 50 years our work has guided the decisions of the world’s most influential energy producers, utilities companies, financial institutions and governments.

Now, with the world’s energy system more complex and interconnected than ever before, sector-specific views are no longer enough. That’s why we’ve redefined what’s possible with Intelligence Connected.

By fusing our unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, we deliver a clear, interconnected view of the entire value chain. Our trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe.

This empowers our customers to identify risk sooner, spot opportunities faster and recalibrate strategy with confidence – whether planning days, weeks, months or decades ahead.

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Who we are

Wood Mackenzie is the leading global provider of data, research, insights, analytics, and solutions across the energy industry value chain. A trusted partner for 50 years, Wood Mackenzie, empowers clients to navigate the complexities of the energy transition and supports decision-making.

Our dedicated data and research across the Oil, Gas, LNG, Power and renewables, Chemicals, Metals, and mining sectors deliver a variety of insights, integrating our assessment and valuation of thousands of individual assets and company portfolios with economic and market indicators such as market supply, demand, cost, and price trends.

We have over 2,800 employees across 30 locations, serving customers in nearly 80 countries. Together, we inspire and innovate the markets we serve, providing invaluable intelligence to help our customers make strategic decisions that can change the world to a more sustainable future.

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The opportunity

The role offers a chance to join Wood Mackenzie’s highly respected Power and Renewables (P&R) Research team, focusing on global power market analysis and modelling. Our P&R team is known for producing market-leading research, delivering integrated, in-depth power curves and market outlooks. We conduct thorough analysis and collaborate across disciplines, combining extensive data with deep knowledge of conventional fuels and renewable supply chains.

Our models provide valuable insights into the price impacts of policy, economics, and supply chains, offering clear scenario outlooks that help users align with their business risk criteria. With expertise in market dynamics, renewable power supply chains, cost trends, and investments, we support our clients in making informed commercial and strategic decisions in a rapidly changing energy landscape.

The role

We are seeking a Power Market Analyst to join our team in Gurugram, India. The successful candidate will be responsible for power market modelling and analysis covering various Asian and European markets and supporting the global power and renewables team.

As a Research Analyst, you’ll provide analytical and modelling support to our long-term power markets team, gaining a deeper understanding of power market dynamics. As part of a global team of power and renewables experts, you will contribute to our power research by analyzing the impact of the latest policies and investments using our regional power models. You will develop technology and power price outlooks, collaborate with experts and stakeholders to produce accurate/ bankable forecasts and work on cutting-edge advancements in areas such as battery storage and curtailment forecasting. The role will involve staying informed on key market trends and incorporating the latest ideas into our power modelling and research reports.

This role also offers opportunities to build and maintain relationships with clients and industry experts. Along with industry-leading training and learning opportunities, it has significant career development potential, paving the way for thought leadership and strategic roles in the power and renewables sector.

Requirements

Intellectual Curiosity & Collaboration:

• Intellectually curious, collaborative, and highly organized, with a strong attention to detail.

• Focused on delivering exceptional service to clients and committed to our research's continuous growth and improvement.

Qualification/Experience:

• Work experience of 2-4 years with any - utility, developer, consultancy/research provider, university, think-tank, or another market/investment-focused organization
• Exceptional analytical/quantitative skills, including experience in modelling or commercial analysis in power markets.
• Experience in optimisation models (such Plexos, Aurora, SDDP etc) will be an added advantage
• Comfortable working with large datasets, databases, and APIs, and familiar with tools like Python, SQL, and Power Query to handle and analyze data

Knowledge & Skills:

• Strong understanding of power and renewable market dynamics
• Familiarity with the enablers and implications of decarbonization in the energy sector
• Knowledge of key commercial frameworks such as support/incentive regimes, power purchase agreements, capacity and ancillary markets, and energy policy

Communication Skills:

• Strong written and verbal communication skills in English
• Fluency in additional European languages is an advantage

Career development

Growth opportunities: We are committed to our employees' ongoing growth and development. As part of our team, you will have access to various career progression opportunities, including training, mentorship, and the chance to take on new challenges to expand your skill set.

Learning and development: You will be encouraged to continuously build on your skills through formal training programs, industry certifications, and workshops. We invest in your professional development to help you stay ahead of the curve in an ever-evolving industry.

Collaborative culture: You can work alongside experts across various domains within the company, which will help you develop a broad skill set and gain exposure to different business areas.

Mentorship and support: We provide mentorship and coaching to help you navigate your career path. You'll have the chance to learn from senior professionals and receive feedback to enhance your performance and reach your career goals.

Cross-functional exposure: Through collaboration with different teams, you will gain valuable cross-functional experience that can open doors to new opportunities in areas such as strategy, business development, or leadership.

Focus on work-life balance: We believe career development goes hand-in-hand with work-life balance. With flexible working hours and hybrid work options, you can focus on your professional growth while maintaining a healthy balance.

Equal opportunities: We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov. If you are applying for a role and have a physical or mental disability, we will support you with your application or through the hiring process. 

Hear what our team has to say about working with us:  https://www.woodmac.com/careers/our-people/

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Equal Opportunities

We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race, colour, religion, age, sex, national origin, disability or protected veteran status. You can find out more about your rights under the law at www.eeoc.gov