Commercial Analyst (Data Centres and Industrials)

Octopus Energy; Paris; On-site; EUR 70,000 - 120,000; Full time

Job summary

Octopus Energy is expanding a new business line focused on low-cost, reliable energy for datacenters and large industrials. You will own project models, design pricing strategies, and participate in final investment decisions.

The role demands strong quantitative skills, experience in energy markets, and the ability to communicate complex analyses to stakeholders. We seek a candidate with 2–5 years in a numerate commercial role, deep Excel and Python skills, and a quantitative degree.

Qualifications

• 2–5 years in a numerate commercial role in infrastructure, renewables, or energy trading.
• Strong financial modelling from first principles (DCF, IRR, scenarios).
• Advanced knowledge of GB/European power markets and network costs.
• Excellent Excel and Python skills.

Responsibilities

• Own the project model for generation, BESS, flexible load, and network costs.
• Price offers including tariff, PPA, tolling, and availability-based structures.
• Model storage and flexible load across wholesale markets and regulatory charges.
• Develop the business case and supporting presentations for investment decisions.
• Track portfolio performance and monitor regulatory changes and market shifts.

Skills

Numerate commercial role

Advanced Excel

Python

Financial modelling

Power markets knowledge

Education

Quantitative degree

Tools

Aurora

PLEXOS

Job description

Octopus is building a new business line delivering low-cost, reliable, clean energy and faster speed-to-power for datacenters and large industrials. The deals are first-of-a-kind: private wire, behind-the-meter generation and storage, flexible load, novel grid connections.

This is a quantitative role with direct exposure to large-scale innovative power projects. You'll own the project model, build pricing strategies and directly participate to final investment decisions.

About the role

Octopus is building a new business line delivering low-cost, reliable, clean energy and faster speed-to-power for datacenters and large industrials. The deals are first-of-a-kind: private wire, behind-the-meter generation and storage, flexible load, novel grid connections.

This is a quantitative role with direct exposure to large-scale innovative power projects. You'll own the project model, build pricing strategies and directly participate to final investment decisions.

What you'll do

• Own the project model for each opportunity - generation, BESS, flexible load, network cost; capex, opex, revenue stack, IRR, downside cases. Build project-specific models while developing toolings and standard assumptions to support our growing pipeline

• Price the offer. Turn a customer's load profile and reliability requirement into a deliverable price and structure - tariff, PPA, tolling, availability-based - and show which one allocates risk sensibly for both sides.

• Value the flex. Model storage and flexible load across wholesale, Balancing Mechanism, ancillary services and Capacity Market. Quantify network charges (TNUoS, DUoS, BSUoS), curtailment and connection options.

• Develop the business case. Build internal and external presentations to support from indicative customer proposals to project final investment decisions.

• Track the portfolio and read the market. Monitor live projects against approved cases - spend, milestones, connection dates - and identify early and quantify regulatory change (connections reform, REMA, network charging). Support term sheets and diligence from indicative to signed.

What you'll need

• 2–5 years in a numerate commercial role - infrastructure or renewables development, project finance, banking, energy trading or origination, strategy or energy consultancy.

• Financial modelling from first principles: DCF, IRR, scenarios and sensitivities. You can build a model someone else can follow and eventually develop it as a standard tool for other team members to use.

• Advanced knowledge of GB/European power markets, and how network and connection costs land on a project.

• Advanced Excel and Python

• Able to take a messy, incomplete problem to a clear recommendation

• Quantitative degree - economics, engineering, finance, maths, physics - or equivalent experience.

It would be nice if you have... Datacenters, large industrial load or behind-the-meter/private wire projects; BESS revenue stacking; a PPA, tolling or connection agreement taken to signature; Aurora, PLEXOS or equivalent.

Why else you'll love it here

Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!

Octopus Energy Group is aunique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We were named the UK's top company to work for in 2025, and we ranked in the top ten in the Sunday Times Best Places to Work 2026. Our Group CEO, Greg has recordeda podcast about our cultureand how we empower our people. We’ve also been placed in thetop 10 companies for senior leadership

Visit our UK perks hub -Octopus Employee Benefits

P.S. Our process usually takes up to 4 weeks, but we’ll always do our best to flex around what works for you. Along the way, you’ll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at [e-mail] and we’d love to help!

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential.Need any specific accommodations?Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team is the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

Where necessary, we sometimes use AI tools to help with parts of our hiring process, like reviewing applications or assessing responses.