Senior Analyst, Power Markets

Department: EMEA Power Markets

Location: London

Reporting to: Head of Analysis, EMEA Power Markets

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive.

We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition.

Together, these values shape how we engage, assess, and welcome talent to join us in delivering transformational solar power solutions worldwide.

Lightsource bp was fully acquired by bp in 2024.

What you’ll do (the role)

Summary

The Power Markets, Europe team at LSbp develops and manages revenue strategies for the company's solar and storage projects across Europe. As a Power Markets Analyst, you'd support market analysis, financial modelling, route-to-market strategy, and price structuring whilst building expertise in renewable energy commercialisation, including PPA structures, subsidies, and merchant trading strategies. You will also support the global power markets functional reporting activities.

Responsibilities of the Role

• Market & Regulatory Analysis: Own day-to-day power market reporting; deliver insights to support marketing; manage market data access; produce presentations on market developments, imbalance exposure, and new opportunities; provide quarterly price forecasts and project-specific impact analysis.

• Pricing & PPAs: Own PPA and auction pricing processes; model pricing options; translate project value drivers into offtake strategies

• Financial Modelling: Support client and senior management engagements; ensure consistency and accuracy of power market assumptions across models.

• Government Auctions: Analyse auction opportunities and support bidding strategy development.

• Short-Term Markets: Analyse trends to support energy management; prepare exposure reports; present monthly updates to risk forums.

• Global power markets reporting: support Group Chief Commercial Officer with group level analysis and reporting activity with matrix reporting line

Why you’ll make a great member of the team

Experience & Knowledge Required

• A understanding and interest in European power markets. This includes knowledge of supply-demand dynamics, energy trading, and the role of various market participants.

• Familiarity with the methods and structures used for pricing energy commodities in different regions. Experience in quantitative modeling is a plus

• Excellent knowledge of Excel, PowerPoint, Word, Power BI. Python or other coding skills preferred

• Experience in energy/renewables/solar PV or in a commodities trading environment preferred.

Skills Required

• Excel, PowerPoint, Power BI and Python and Word skills

• Numerical and analytical skills, and attention to detail

• Strong commercial acumen and communication skills

• Excellent interpersonal skills, especially the ability to build strong relationships with numerous stakeholders throughout the company

• Ability to handle complex and highly ambiguous scopes of work

• Ability to problem solve and work well under pressure in a deadline driven, fast-paced environment

Education Required

• BA or equivalent required. Masters preferred.

Why you’ll want to work for us

Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.

Be you: We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible: Our culture is driven by our core values – from operating safely to ensuring our projects are responsible.

Be recognized: Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.

Be inspired: Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.

Our core values: Lightsource bp truly cares about