Market Access & Settlements Manager Edinburgh

Is this your chance to join the team constructing one of Scotland's largest offshore wind farms? Inch Cape Offshore Wind Farm Inch Cape is a 1080MW offshore wind farm situated 15km from the Angus coast in the North Sea. The power it generates will be transmitted 85 kilometres to a new substation at Cockenzie, in East Lothian from where it will enter the national transmission system. Inch Cape is a more than £3 billion infrastructure project that will make a significant contribution to the UK's carbon emissions reduction targets. Once complete its 72 turbines will generate enough electricity to power almost half the homes in Scotland.

Summary of Assignment:

To lead, coordinate, and deliver all processes required for successful market entry, registration, and operational readiness of ICOL in the UK electricity market. This includes regulatory compliance, commercial agreements, metering setup, system registration, and operational integration with offtakers, grid operators, and market bodies. The role will also manage ongoing delivery of secured Power Purchase Agreements (PPAs), Contracts for Difference (CfDs), and optimisation of additional revenue streams (REGOs, Capacity Market, ancillary services) once operational.

Travels required: Mainly WFH with some travels to the Edinburgh office for meetings as and when required (around 2 -3 days a month) Main office: Ground Floor New Clarendon 114-116 George Street EH2 4LH, Edinburgh Working hours: Flexible times - Monday to Friday - 7.5h a day (normally between 8am and 6pm)

Responsibilities

Regulatory & Market Registration

• Manage the end-to-end Elexon BSC accession process, including authorised persons, party role registration, BMU registration, and credit cover requirements.
• Liaise with National Grid on BM registration and operational readiness requirements.
• Secure any required waivers or testing approvals.

Metering & Technical Integration

• Oversee appointment and coordination with Meter Operator Agent (e.g., Siemens).
• Manage installation, testing, and registration of SVA and CVA metering in compliance with CoP requirements.
• Ensure alignment of metering, aggregation rules, and data flows with Elexon, SPEN, and offtakers.

Commercial Agreements - Pre- and Post-Energisation

• Negotiate and execute pre-energisation supply agreements.
• Manage existing PPAs with ESB and SSE, including: Scheduling and dispatch coordination. Settlement and reconciliation of Balancing Mechanism revenues. REGOs management, sales, and transfer. Interface with trading desks to optimise offtake revenue.
• Oversee operational delivery of secured CfDs, including reporting, settlement, and compliance with Low Carbon Contracts Company (LCCC) obligations.
• Develop and deliver strategies for participation in the Capacity Market and ancillary services markets to maximise revenues.

Stakeholder Coordination & Project Management

• Act as primary point of contact for Elexon, National Grid, Meter Operator Agent, offtakers, LCCC, and internal teams.
• Maintain and update market entry action plans and trackers.
• Ensure all interlinked processes remain on schedule and compliant with relevant codes and standards.

Operational Readiness & Market Participation

• Define and implement settlement processes and trading strategies in collaboration with offtakers.
• Oversee system integration and software interface requirements for BM participation, settlement, and PPA/CfD delivery.
• Ensure readiness for live operations post-energisation and ongoing operational excellence across all contracted and merchant revenue streams.

Market Intelligence & Policy Engagement:

• Monitor regulatory developments, market design evolution, and offshore grid integration issues. Provide strategic insight on emerging opportunities and threats to market access.

Local Supply Chain Strategy:

• Work closely with procurement and development teams to identify local supply chain opportunities, contribute to local content strategies, and support stakeholder engagement.

Commercial Risk Management:

• Assess and manage commercial risks related to revenue models, offtake structures, grid access, and policy changes.

Cross-functional Collaboration:

Liaise with development, finance, legal, and external stakeholders to align commercial inputs across the lifecycle of offshore wind projects

Skills:

• Strong knowledge of UK electricity market arrangements (BSC, Grid Code, BM, PPAs, CfDs, REGOs, Capacity Market, ancillary services, settlement).
• Proven experience in market registration, grid integration, or commercial operations in the power sector.
• Track record managing long-term PPAs and CfD operational compliance.
• Commercial acumen in optimising multiple revenue streams (including merchant, regulated, and incentive-based).
• Excellent stakeholder management skills across technical, regulatory, and commercial domains.
• Understanding of metering compliance (SVA, CVA, CoPs) and market data flows.
• Project management expertise with the ability to track and coordinate multiple interdependent workstreams.

Knowledge:

• 5-10+ years of experience in offshore wind or renewable energy, with a focus on route to market, PPAs, CfDs, or commercial strategy.
• Strong understanding of energy markets in the UK.
• Proven track record in dealing with utilities, corporate offtakers, or government entities.
• Familiarity with local supply chain development, industrial policy considerations, and content requirements.
• Experience with offshore grid development, interconnection, and TSO engagement.

Qualifications:

• Bachelor's or master's degree in business, engineering, economics, energy policy, or a related field.

If you wish to make a big impact in renewables and being involved in this innovative project do not hesitate to apply.

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Vacancies - come and work with us! - Offshore Wind Farm Inch Cape Wind

Any questions please reach out to Oscar Martos HR team at Inch Cape offshore wind

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