Title:  Investment Strategy Analyst - NESO

About the role

National Energy System Operator (NESO) recognises the potential of bright and talented individuals, and we encourage you to join us as Great Britain’s energy system undergoes an ambitious, exciting, and vital transformation. Together with industry, we are creating a cleaner, more sustainable energy future.

As an investment strategy analyst in the Investment Strategy team, you will work on the design of energy markets that support a secure, decarbonised energy system. These markets form the investment case for key Net Zero technologies such as storage, wind and interconnectors. 

Your work will underpin NESO’s thinking and position on the range of energy markets in the long term.  This will include developing and executing engagement strategies to ensure we develop, and understand, the commercial behaviour of a wide range of strategic and financial investors in the UK energy system.  This will help inform the development of future energy market mechanisms designed to drive up investment.

You will have the opportunity to work closely with the Department of Energy Security and Net Zero, and Ofgem. A strategic mindset, commercial approach, and the ability to understand and communicate trade-offs is essential.

This role can be based in Wokingham, Warwick, or Glasgow and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.

Key accountabilities

As an Investment Strategy Analyst, you will help drive our work on market design and complementary policies (e.g. Contracts for Difference, Capacity Market) and how they can be evolved for delivering a clean power electricity system by 2030 and net zero economy by 2050.  The role is expected to include:

• Leading on the analysis of investor behavior as a result of market design.
• Engaging with investors across a wide range of company types.  Representing NESO and its longer term thinking on market development along with understanding investor perspectives around engagement with energy markets and how this drives investment.
• Reviewing the clean energy landscape to assess how markets may need to evolve over time to deliver changing clean power investments.
• Providing advice to internal stakeholders on proposed market changes in the near term with regards to possible impacts on investment activities.
• Contributing to the delivery of the Review of Electricity Market Arrangements (REMA).
• Engaging with DESNZ, Ofgem, and other public bodies with regards to development of policies and regulation for the energy markets. 
• Analysing and considering multiple policy options, weighing up the economic costs and benefits of different interventions, while also taking into account other consumer benefits and deliverability.

About you

We’re forging the path, and we know we can’t do it alone. That’s why we need visionary minds like yours to join us on this transformative journey. In this case, we’re looking for someone who has/is:

• A logical, creative and practical approach to problem solving and ability to break down complex problems
• An understanding of the energy sector; knowledge of electricity wholesale markets including the key players and the market structures that drive their decision making
• Some knowledge of key electricity policy instruments (e.g the capacity market, contracts for difference, UK emissions trading scheme) and understanding of economics of investment in GB electricity assets (generation, flexibility, demand side response). 
• Proven ability to produce and use quantitative and qualitative evidence to develop a thoughtful and independent viewpoint.
• Proficiency in the use of excel and various analytical techniques would be well regarded.
• Some career experience in economics, data science, or complex analysis - including the ability to think holistically across completing and complimentary factors as we will need to bring together a whole energy systems approach 
• Excellent written and verbal communication. Evidence in engagement with external stakeholders. 
• The ability to analyse and present complex issues, with tailoring to different audiences with varying levels of knowledge. 
• Flexibility and agility to manage a wide range of issues at the same time and to effectively prioritise work. 

About what you'll get

A competitive salary between £50,000 - £60,000pa – dependent on experience and capability.

As well as your base salary, you will receive a bonus based on company performance, 26 days annual leave as standard and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.

About us

The creation of National Energy System Operator (NESO) is driven by an urgent need to unify and optimise our approach to energy. A more integrated and coordinated strategy is needed to meet the unprecedented challenges of climate change, ensuring secure energy supply, and keeping costs manageable for consumers.

Join us and empower your potential, energise our team, and be part of something bigger.

Your energy, our future, together.

About the National Energy System Operator (NESO)

In Autumn of 2024, the ESO transitioned to National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator is the independent body responsible for planning Great Britain’s electricity and gas networks and operating the electricity system.  

NESO, including all of its existing roles, are now at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users’ need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them.

The organisation is set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As was the ESO, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all.

The time to deliver is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.

More information

This role closes on 07/08/2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. 

We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

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