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Research Associate in Electricity Market Modelling

Imperial College London

London

On-site

GBP 35,000 - 50,000

Full time

4 days ago
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Job summary

Imperial College London seeks a Research Associate to lead innovative research on electricity market modelling, aimed at transitioning to clean energy systems. The role involves adapting models to simulate market effects, collaborating cross-disciplinarily, and shaping government policies to support renewable energy. The position offers a competitive salary and opportunities for career advancement within a diverse and inclusive work environment.

Benefits

39 days off
Pension schemes
Career advancement opportunities
Diverse, inclusive work environment

Qualifications

  • PhD candidates near completion may apply for a Research Assistant position.
  • Experience in modelling electricity systems is desirable but not essential.
  • Ability to program models is required; familiarity with R is advantageous.

Responsibilities

  • Adapt and develop models of the electricity market.
  • Assess impacts on market efficiency and generator costs.
  • Collaborate with engineers and social scientists.

Skills

Quantitative modelling
Data handling
Programming
Interest in energy transition

Education

PhD in Economics or related discipline

Tools

R

Job description

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Research Associate in Electricity Market Modelling, London

Client:

Imperial College London

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

0ed26cf6c64f

Job Views:

7

Posted:

02.06.2025

Expiry Date:

17.07.2025

Job Description:

Would you like to work on innovative research on electricity markets that can make a real difference in the transition to clean energy systems?

We are excited to invite applications for a postdoctoral Research Associate at our recently launched Global Energy Centre "EPICS" (Electric Power Innovation for a Carbon-Free Society). At this interdisciplinary Centre, you will undertake research to adapt electricity markets and government policies for a world where a high proportion of electricity comes from renewable sources. Your research will be grounded in economics while considering engineering constraints of power system operation.

You will adapt and develop models of the electricity market to simulate the effects of different market designs and support policies for renewable generators and energy storage units.

You will assess their impact on market efficiency and on costs and risks faced by generators, retailers, and consumers.

You will develop methods for managing energy storage amid uncertain future demand and renewable generation patterns.

You will collaborate with engineers addressing technical issues from rapid changes in generation mix and social scientists aiming to increase consumer participation for a more flexible power system.

  • PhD in Economics or related discipline such as Operations Research or Power Systems. Candidates near completion will be considered for a Research Assistant position with promotion upon successful completion.
  • An interest in the energy transition; experience in modelling electricity systems or power markets is desirable but not essential.
  • Experience in quantitative modelling and handling large datasets.
  • Ability to program models; familiarity with R is advantageous.
  • Develop skills in academic writing and presenting research to diverse audiences including policymakers.

The application should include:

  • A cover letter explaining your interest and suitability.
  • A description of previous research experience (1-2 pages).
  • A description of future research plans (1-2 pages).
  • Contact details of at least two academic referees.
  • Up to three selected research articles.

Benefits include the opportunity to advance your career at a leading institution, a competitive salary and benefits package (including 39 days off and pension schemes), and a diverse, inclusive work environment. There may be opportunities for short-term collaborations at partner universities or companies within the EPICS consortium, which includes UK, Australian, and US universities and industrial partners.

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