Senior Commercial Analyst

Highview Power is an award-winning energy technology company that designs, develops, builds and operates long-duration energy storage solutions on its own or in partnerships and uses liquid air as the storage medium.

Our proprietary cryogenic technology has been dubbed as "the missing link" to making Renewable Green Energy sources a more resilient, reliable and cost-effective option when compared with traditional carbon alternatives.

Highview is a small (approx. 60 people) organisation comprised of a broad range of nationalities, led by a team of highly experienced and seasoned executives with track records of success across many markets.

We have completed the capital raise for our first utility scale project at Carrington, near Manchester, in June 2024 and are currently developing a portfolio of projects in UK, Ireland and Australia, with expansion to other countries to start soon. The UK market is particularly well suited for long duration energy storage (LDES), with the need for LDES well supported by the UK government. The main current focus of Highview Power is to develop a UK portfolio of projects, beyond Carrington, that can be delivered by 2030 under the expected cap and floor regime and help deliver the UK’s clean power 2030 ambitions. The growth opportunities for Highview are significant and will therefore provide the opportunity for Highview employees to have a significant and positive impact on the energy transition.

Highview Power value their employees and are committed to creating a positive, high-performance, inspiring and inclusive working environment.

You will take a lead on the business case modelling activities for our projects from concept through to investment decision.

You will work closely with the Business Development Director, the power systems team and trading team in evaluating the revenue modelling to extract the maximum value from Highview Power’s core LDES technology and other storage and flexible generation technologies being considered by Highview. You will also closely follow policy, energy market and competitor developments in order to evaluate and help manage the risks and opportunities of our current and future portfolio of projects.

You will work closely with other teams and will act as a co-ordinator in preparing presentations and materials for decision makers relating to strategy, business development, investment decisions and will have extensive exposure to the Commercial leaders of Highview from day 1.

You will initially be focused on UK and Ireland, with the opportunity to work on other markets as the business grows.

The ideal candidate would be an experienced analyst who is wishing to move into a more commercial business development role. Due to the size of the current team, the candidate will initially be leading modelling and investment case work but will assist in, and in the future lead, business development projects.

• Responsible for building and maintaining the revenue models for development projects and presenting investment analysis of development projects to management team
• Responsible for the financial model for investment projects (working with external financial advisors and the finance team), collaborate with colleagues to ensure a robust methodology and alignment of assumptions internally and with third parties.
• Responsible for the financial, market and commercial analysis of any feasibility studies of any development opportunities and, working with the power system market modelling team, presenting the results to management team and external partners
• Responsible for maintaining a thorough understanding of the revenue opportunities and market regulations (both current and anticipated) in selected markets (mainly UK and Ireland at present)
• As the team grows, mentoring of junior analysts and other senior/junior analysts in other teams (i.e. any analysts in Australia) and quality assurance of their modelling, in addition to supervision of any third-party modelling resource.
• Identifies key competitors in the market and continuously analyses alternative technologies and their commercial stance against liquid air energy storage.
• Analysis of new markets and profiling of potential partners. Identification of business models and target markets. Assisting the Business Development Director with the business development strategy and prioritisation of development activities.
• Deputising the Business Development Director as required in discussions and negotiations with development partners.

Requirements

• Degree level education in a numerical subject ideally with relevant financial / economic post graduate qualification (e.g. CFA, MBA etc)
• Significant experience of modelling renewable energy or storage investment projects with project finance and associated revenues and non-energy costs.
• Knowledge of energy markets, ideally with thermal, storage or renewables assets, to be able to advise around technology, market and regulatory risks and opportunities of each project.
• Analytical skills to be able to robustly filter and analyse market data to support revenue forecasts.
• Experience of preparing and ideally presenting investment cases materials to an investment committee or recommendations to senior management
• Experience of having trained and coached junior analysts
• Pro-active, self-motivated, well organised
• Excellent written and oral communication skills
• Ability to work collaboratively and independently

Please note that this is not an exhaustive list of general tasks and duties, and that the job description may be subject to changes according to the requirements of the organisation.

You will be expected to complete all tasks within your level of skill and ability.

Benefits

• Private medical Insurance
• Private dental
• Free mortgage advice
• Discounts hub