Senior Power Market Analyst - London

EP Commodities, a.s. is a joint-stock company specializing in trading in energy commodities, which mainly involves wholesale transactions with natural gas, electricity, emission allowances, crude oil (both financially), and other products (e.g. dark and spark spreads, options) throughout the European regions. The Company is part of the EPH Group, Energetický a průmyslový holding, a. s., which is a leading European energy group that owns and operates facilities in the Czech Republic, Slovakia, Germany, Italy, Great Britain, France, Ireland, Netherlands. EPH Group generates over 100 TWh of power, which makes EPH the 6th largest power producer in Europe. EP Commodities, a.s., primarily focuses on countries where the EPH Group has its own assets or where liquidity enables effective trading. In addition to the physically and financially securing of assets for the EPH Group, it also sources end customer portfolios in selected countries.

Senior Power Market Analyst - London

EP Commodities London is strengthening its coverage of North-Western and Central European power markets. We are hiring a Senior Power Analyst with strong fundamentals knowledge, hands on experience in stack/dispatch modelling, and a track record of generating market-driven trading insights.

A key responsibility includes producing power and emissions forecasts up to five years ahead, combined with participation in long-term scenario development (2050+) used by the holding group for strategic planning. Experience with asset optimisation, dispatch fundamentals and hedging is highly beneficial.

Key Responsibilities

1. Market Fundamentals & Forecasting (0-5 years)
   • Produce detailed power price forecasts up to five years ahead for DE, NL, UK, FR, BE
   • Analyse supply/demand balances, RES generation, outages, weather dynamics, interconnector flows, fuel markets and policy developments
   • Prepare short term and forward curve outlooks (FM, FQ, FS, CAL)
2. Trading Idea Generation
   • Identify opportunities in:
   • Backtest and stress test trade ideas with sensitivities and scenario analysis
   • Present structured proposals to spec and portfolio trading desks
3. Stack Modelling & Calibration
   • Run and refine mid term and long term stack models
   • Tune assumptions for availability, RES profiles, hydro inflows, system constraints and demand patterns
   • Benchmark and validate model output against market reality and external vendors
4. Long Term Scenario Work (to 2050+)
   • Contribute to long term model runs and strategic scenarios including policy pathways, capacity shifts, renewable acceleration and flexibility requirements
   • Support holding level planning around long term system transformation
5. Cross Functional Collaboration
   • Prepare dashboards, reports and structured commentary for traders and management
   • Work closely with gas, emissions and weather analysts to create cross commodity insights
   • Support optimisation and risk teams with fundamentals driven analysis

Requirements

• 3-7+ years of experience in European power analytics
• Strong understanding of NWE fundamentals (merit order, congestion, RES dynamics, policy frameworks)
• Experience with stack/dispatch modelling
• Exposure to asset optimisation, dispatch or hedging is a strong advantage
• Comfortable with Python/Excel and handling large datasets
• Strong communication skills and ability to deliver clear commercial insights
• EU languages (DE/NL/FR/IT) are an asset
Information about the vacancy
• Employment type: Full time work
• Type of employment: Employment contract
• Duration of employment: Permanent
• Benefits: Contributions to the pension / life insurance, Corporate events, Flexible start/end of working hours, Meal tickets / catering allowance, Occasional work from home, Refreshments on workplace