Job Description:

We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat and mobility to millions of people, every day. We are one of the very few companies equipped to solve some of the big complex challenges that matter for the future. We have a real contribution to make to the world's ambition of a low carbon future. Join us, and be part of what we can accomplish together. You can participate in our new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero.

Would you like to discover how our diverse, hardworking people are leading the way in making energy cleaner and better - and how you can play your part in our world-class team?

Join our Team and advance your career as an Integrated Energy Modelling Senior Analyst!

About the role

This role primarily centers on the deep understanding of the power market dynamics within the US Eastern Interconnect market. As an Integrated Energy Modelling Analyst, you will apply your expertise to generate insights and analysis crucial for business decisions, especially in designing regulatory scenarios for the energy system. Your proficiency in models such as PLEXOS will be instrumental in integrating these scenarios. Additionally, you will be representing the team both internally and externally, while also contributing to our flagship economic publications.

In this role, you will:

• Design, develop, and implement regulatory scenarios within BP's fundamental energy system models for the US markets.
• Conduct advanced analysis of energy markets and trends within the US Eastern Interconnect, understanding key drivers such as generation (wind, solar, gas-fired, coal-fired, etc.), transmission, regulatory, and demand.
• Integrate regulatory scenarios in fundamental models like PLEXOS to gain in-depth insights.
• Contribute to the company's flagship economic publications related to the energy trends.
• Collaborate closely with internal teams, especially trading and strategy departments, to inform and shape business decisions based on your analysis.
• Monitor market developments, especially regulatory issues, that could impact energy prices.
• Represent the team in external forums and conferences, reinforcing the company's leadership in power market analysis.

What you need to be successful:

• PhD/Master's degree in Engineering, Economics, Mathematics, Computer Science, or related analytical field.
• Experience in Power Market Fundamental Analysis or Energy Market/Energy Systems Modelling.
• Proficiency in using and running models in tools like PLEXOS or equivalent for energy market analysis.
• Knowledge of optimization theory, linear programming, and Mixed Integer Programming.
• Demonstrated ability in scenario designing and implementation in Fundamental/Energy Market Models.
• Expertise in Microsoft Office Suite, especially Excel, along with other analytical tools like Python.
• Strong analytical, interpersonal, and presentation skills, with an interest in breaking down complex data into comprehensible insights.
• Fluency in English.
• Knowledge of programming languages like SQL and experience with database management is an advantage.

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Flexible working schedule: home office up to 2 days / week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees' wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment
• Assets like phone for private usage and company laptop are provided from the first day of employment with other equipment if requested

Why join bp

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees' lives that are meaningful, so we offer benefits to enable your work to fit with your life.

bp Hungary won the Most Attractive Employer 2024 Award (SSC / BSC sector) fourth time in a row at PwC's annual employer research. Come and join us!

Travel Requirement
Some travel may be required with this role, this is negotiable

Relocation Assistance:
Relocation may be negotiable for this role

Remote Type:
This position is a hybrid of office/remote working

Skills:
Analysis and modelling, Commercial Acumen, Communication, Data Analysis, Economic modelling, Economics, Energy Markets, Energy Systems Modelling, Market Analysis, Power Market Analysis, Problem Solving, Stakeholder Management, Statistics

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.