Economics Engineer

Jobtailor; Wokingham; On-site; GBP 45,000 - 65,000; Full time

Job summary

NESO is seeking an economist/analyst to lead market modelling using PLEXOS, develop robust methodologies, and automate analysis with Python.

You will ensure data quality, engage stakeholders, and deliver clear insights for cost-benefit analyses and the Centralised Strategic Network Plan (CSNP).

Experience in energy economics and data science, with strong Excel and SQL/VBA skills, is essential for this role.

Qualifications

• Career experience in economics, data science or analysis.
• Existing experience within the energy industry and understanding of the supply, transportation and use of energy may be advantageous
• Degree in economics, a STEM subject or other relevant experience in a numerate discipline
• Logical, creative and practical approach to problem solving
• Ability to break down complex problems
• Confidence using large bespoke software and high computer literacy, including excellent Excel skills
• Experience using data science packages such as SQL, VBA or Python, or developing analysis tools
• Strong interpersonal and communication skills
• Ability to communicate key messages to internal and external stakeholders
• Right to work in the UK by the start of employment

Responsibilities

• Use pan-European market models such as PLEXOS to assess the impact of projects or policies on electricity network operating costs
• Develop methodologies, tools and models to improve the robustness and timely delivery of analysis
• Write Python scripts to automate modelling processes where appropriate
• Engage with internal and external stakeholders on approaches to cost-benefit analyses
• Lead the scoping and delivery of new analysis and model development
• Represent NESO in cross-industry work
• Ensure robustness of data inputs and present analysis results
• Support delivery of network plans including the Centralised Strategic Network Plan (CSNP)
• Prepare ad-hoc presentations and reports for industry stakeholders and the regulator
• Document processes to ensure they are repeatable and transparent
• Provide oversight, challenge and advice to other team members
• Represent NESO on relevant industry panels when required

Skills

PLEXOS Market Modeling

Python Scripting

Data Science

Energy Industry Experience

Stakeholder Engagement

Education

Degree in economics, STEM or numerate discipline

Tools

PLEXOS

SQL

VBA

Python

Job description

• Use pan-European market models such as PLEXOS to assess the impact of projects or policies on electricity network operating costs
• Develop methodologies, tools and models to improve the robustness and timely delivery of analysis
• Write Python scripts to automate modelling processes where appropriate
• Engage with internal and external stakeholders on approaches to cost-benefit analyses
• Lead the scoping and delivery of new analysis and model development
• Represent NESO in cross-industry work
• Ensure robustness of data inputs and present analysis results
• Support delivery of network plans including the Centralised Strategic Network Plan (CSNP)
• Prepare ad-hoc presentations and reports for industry stakeholders and the regulator
• Document processes to ensure they are repeatable and transparent
• Provide oversight, challenge and advice to other team members
• Represent NESO on relevant industry panels when required

Requirements

• Career experience in economics, data science or analysis
• Existing experience within the energy industry and understanding of the supply, transportation and use of energy may be advantageous
• Degree in economics, a STEM subject or other relevant experience in a numerate discipline
• Logical, creative and practical approach to problem solving
• Ability to break down complex problems
• Confidence using large bespoke software and high computer literacy, including excellent Excel skills
• Experience using data science packages such as SQL, VBA or Python, or developing analysis tools
• Strong interpersonal and communication skills
• Ability to communicate key messages to internal and external stakeholders
• Right to work in the UK by the start of employment

Core Competencies

Demonstrates expertise in using PLEXOS for market modeling and analysis within the energy sector, alongside strong capabilities in Python scripting and data science methodologies. Proven ability to engage stakeholders and deliver clear, actionable insights through effective communication and robust analytical processes.

Highest-signal resume keywords

• PLEXOS Market Modeling
• Python Scripting
• Data Science Packages (SQL, VBA)
• Energy Industry Experience
• Stakeholder Engagement

Hard Skills

• Economics
• Data Analysis
• Cost-Benefit Analysis
• Model Development
• Excel Proficiency

Soft Skills

• Problem Solving
• Interpersonal Skills
• Communication Skills

Industry Keywords

• Energy Supply
• Energy Transportation
• Network Operating Costs
• Centralised Strategic Network Plan (CSNP)

Tools & Technologies

• PLEXOS
• SQL
• VBA
• Python