Transmission & congestion commercial specialist
BP
- London
- Permanent
- Full-time
- Support the projects teams for new and existing projects, on modelling and forecasting the transmission congestion, modelling and forecasting network charges, losses and co-optimisation of provision of energy and reserve from ancillary services e.g. forecasting revenue from ancillary services.
- Support and maintain the modelling of transmission congestion, charges and ancillary services model ensuring the right input are provided, to provide forecast on transmission costs and revenue
- Developing ad hoc approaches for valuation of grid configuration, and embedded network risks and revenue optionality (if needed)
- Develop commercial transmission portfolio strategy, reporting and recommendations for portfolio steering, regarding transmission revenue maximization and risk and cost reduction, i.e. what assets at what grid locations would be most beneficial from congestion, network charges and ancillary service prospective.
- Support commercial functions with transmission commercial expertise.
- Support Strategy and Regulation team to reflect current and future network and regulatory scenarios/changes which are used to value the commercials of assets.
- Ad hoc network analysis reports on transmission congestion, charges or ancillary services
- PhD / Master´s degree in Electrical Engineering and appropriate professional experience with at least three years of working experience or comparable university career in relevant market analysis areas.
- Substantial experience in Power System Economics and electricity markets, specifically working with grid congestion modelling and forecast, forecasting grid charges, network losses and optimisation for ancillary services and revenues forecast for ancillary services.
- Very strong Excel skills i.e., should be able to use functionalities at an expert level, including working with macros and VBA functions, integrating Excel with external data sources.
- The ability to communicate clearly and in a customer-oriented way, specifically the ability to structure and present complex information adequately to a (senior) management-level audience (both written and verbal).
- Fluent English language skills. Very good knowledge of other languages (Nordics, Germany, Spain) where bp operates is of advantage.