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European Analysis Manager


European Analysis Manager

  • 543898
  • Closing at: Feb 3 2023 at 23:55 GMT

Base Location: Flexible First – UK, Spain or Rotterdam.

Salary: £61,100 - £91,700  + performance-related bonus, shift bonus + a range of other benefits to support your family, finances and wellbeing.

Working Pattern: Permanent | Full Time | Flexible working options available

What is the Role?

As European Analysis Manager you will be responsible for managing a team of research managers, analysts and senior analysts that conduct research into relevant European power markets, with a focus on understanding the economics of renewable assets.

Reporting into the Head of International Markets, the role holder will oversee the day to day management of the European research and analysis team, prioritisation of tasks, and ensuring that the team is operating effectively to deliver objectives.

This senior role is responsible for managing the development of the SSE view of long-term wholesale power and asset capture prices and asset revenues for continental European electricity markets in which SSE is now active, or is considering as part of its Renewables Business Unit growth. These prices will be used to guide commercial evaluation of existing renewable generation assets, potential investments and divestments, and support assessment of Renewables Business Unit strategy.

You will become the main point of contact for the Exec, BD and bid teams for European market analysis. Based in UK / Spain on Rotterdam, you will represent SSE at industry events, will engage with market participants, regulators and industry bodies, to influence the thinking of peers in bodies affecting the market, e.g. industry forums.

Your key accountabilities will include;-

  • Managing the process for creating and updating European market insight reports, covering market fundamentals, market design, policy support mechanisms and any market specific factors that are relevant for the BU when assessing an opportunity or market attractiveness. Close working with the strategy teamto share views and contribute to strategic analysis.
  • Managing the team of research managers/analysts/senior analysts to deliver a high level of service and deep support for M&A activity, as well as offshore wind seabed / subsidy auctions across Europe. . This includes taking the lead on many related workstreams for numerous simultaneous projects.
  • This will involve the provision of reports and presentations (up to MD and Group Exec level). The role holder will be responsible for recommending price curves and bespoke analysis related to the commercial opportunities and  risks that projects may be exposed to (market, subsidy design, cPPA, etc.).
  • Manging the relationship with third party providers of market reports and price curves. Regular meetings and communication of third-party outlooks within the business. Making the case to Head of International Markets and the business units for procurement of price curves and subscription services. Budget in excess of £250,000 with the resultant price curves and advice being key drivers for SSE view and valuations worth £several Bn’s. Reviews forecasts of relevant power markets provided by third parties, providing comment on how and why third-party forecasts differ from SSE’s internal forecasts and engaging with third party providers to gain insight and exchange views.
  • Develops and Manages relationships with internal stakeholders to ensure Energy Economics remains at the heart of SSE Renewables (SSER) activities and we have early engagement on projects to ensure we can deliver the highest level of service possible.
  • Takes responsibility for the research analysis work required to understand the market being considered for investment and the role of SSE’s existing and potential assets in that market. Provides analysis of effects of changes in policy and regulation on the market.


What do I need?

To be considered we would love you to have;

  • Educated to Degree level in relevant subject (numerical, economic, technical).
  • At least 10 years’ experience in wholesale energy market analysis
  • Research techniques and skills.
  • Contractual review and negotiation.
  • Skill in external stakeholder management with an ability to represent SSE in the industry.
  • Detailed Knowledge of Electricity Market Economics and Policy Mechanisms.
  • Economic and Commercial modelling experience and understanding.
  • Detailed Knowledge of power market modelling.

About our Business

Energy Portfolio Management (EPM) is the energy markets heart of the SSE Group, securing value for SSE's asset portfolios in wholesale energy markets as we move towards our vision of being a leading energy company in a net zero world. We play a critical role as the short-term energy market asset optimiser, and a long-term energy market adviser, for all SSE's Business Units (across SSE's Wind, Hydro, Low Carbon Thermal, Distributed Energy and Customer portfolios). This role for EPM enables SSE to focus its investment in energy markets capabilities (including Trading, Risk Management, Energy Economics and Advanced Analytics) in one centre of excellence, with these enhanced capabilities supporting value creation and decision making across the SSE Group.

Life at SSE

If you're considering a career with us, you're probably wondering what's in it for you? From health and wellness to finances and family, we're proud of our benefits package which includes 34 days holiday (plus the option to buy additional days), enhanced maternity and paternity leave, discounted healthcare and a wide range of offers via our SSE Advantage scheme.

At SSE we're proud to celebrate difference. We all have different skills, experience and backgrounds and we strive to have a friendly and inclusive culture where you can be yourself. We take pride in a job well done and share the belief that an inclusive culture is key to our success and vision for the future. Above all, safety is at the heart of everything we do at SSE and we live by the mantra 'if it's not safe, we don't do it'.

SSE is an equal opportunity employer. We encourage diversity and are committed to creating an inclusive environment for all employees. We actively encourage applicants from all protected characteristics and commit to providing any reasonable adjustments required during the application and assessment process, and upon joining SSE.

Next Steps

All applications should be submitted online, and I'll be back in touch after the vacancy closing date to let you know the outcome.

If you would like to discuss any working differently requirements or adjustments you may require throughout the recruitment and selection process, please     

Before commencing employment with SSE, you'll be required to fully complete our pre-employment screening process consisting of a basic criminal records and credit check.





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Our Benefits

  • Sharesave Scheme
  • 34 days of annual leave
  • Option to purchase up to 10 days holiday
  • Interest-free technology loans
  • 24/7 free and confidential employee counselling service
  • Private healthcare discounts
  • Subsidised gym memberships
  • 21 weeks full pay maternity leave
  • Cycle to Work scheme with generous £2500 limit
  • Interest-free salary advance to cover transport season tickets

Explore our full list of benefits:

UK benefits booklet

ROI Benefits Booklet


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