Economist Industrial Placement (Electricity System Operator) – National Grid – Wokingham

  • National Grid
  • Wokingham

We are proud to offer a starting salary of £22,906. You’re on track to achieve a minimum 2.2 degree in any STEM or any Data Scientist related degree.? You must be in your penultimate year at university. Ideally, you will also have a valid full UK Driving License. This role is based at Wokingham, hybrid working options available and dependent upon business requirement. We recruit on a rolling basis and reserve the right to close our vacancies once we have enough applications. We encourage you to apply as early as possible to ensure you obtain the place you want in the application...

Vacancy provider logo for Energy & Utility Skills

  • GMFJ Reference
    242273
  • Hours
    0.00 per week
  • Date Posted
    10/11/2023
  • Start Date
    02/09/2024
  • Approx. Duration
    12 months

  • Location
    Wokingham
  • Status
    Now Taking Applications
  • Sector
    Business & Administration
  • Opportunity Type
    Work Placement
  • Employer
    National Grid

Description

Job DescriptionAbout us

As Great Britain’s electricity system operator (ESO), we sit at the heart of the electricity system, using our outstanding engineering and commercial expertise to balance electricity supply and demand. Ultimately, we keep the electricity flowing directly to where it’s needed, second by second.

Our values and principles

Diversity, equity, and inclusion are at the heart of who we are and what we do. Our commitment to these values is unwavering and they are central to our mission. We encourage applications from all backgrounds, communities and industries and we are happy to discuss any reasonable adjustments that you require.

About the role

Join us on a 12-month industrial placement to work with and learn from some of the best people in the energy industry!?

As an undergraduate you will carry out research, collect large amounts of data and complete vital work at the heart of Great Britain’s energy industry, ensuring our high voltage electricity system and the commercial infrastructure that underpins it meets the fast-growing need of consumers.

You will work with some of the best people across the energy industry and within the ESO to understand the ever-evolving economics of the electricity system and its interactions with the multi-fuel energy system. You will support the delivery of our ambition to operate a zero-carbon system by 2035 as well as designing a whole system strategy that delivers for stakeholders and consumers. You will create innovative ways considering the economics of power systems and its economic dependencies with other systems, helping us become a trusted partner to the whole energy industry.

Key Accountabilities

  • Drive and develop existing and new economic assessment methods for investment in the GB power system and perform cost-benefit analysis to justify new transmission developments & investments
  • Assess high-level economics of current and future market arrangements for the markets that we operate or are proposing to operate, e.g., assessment of voltage, stability, and storage markets
  • Work collaboratively with our power systems engineers, markets specialists and data scientists throughout the business to interrogate and analyse our databases of billions of data points and provide recommendations with a succinct justification.
  • Collaborate closely with industry stakeholders to build and deliver strong cost-benefit analyses to support strategic decisions that help shape the future of the energy system and ultimately deliver our GB goal of net zero carbon emissions by 2050.
  • More generally, take novel and/or complex economics problems and solve them while providing a simple explanation to the business and wider stakeholders

What you'll need

You’re on track to achieve a minimum 2.2 degree in any STEM or any Data Scientist related degree.?

You must be in your penultimate year at university.

Ideally, you will also have a valid full UK Driving License.

Location

This role is based at Wokingham, hybrid working options available and dependent upon business requirement.

Application Deadline

We recruit on a rolling basis and reserve the right to close our vacancies once we have enough applications. We encourage you to apply as early as possible to ensure you obtain the place you want in the application process.

Assessment centres will be held from December 2023 onwards.

What you'll get

Whatever your specific responsibilities, you'll be surrounded by the leading experts in the industry who are solving some of the biggest energy challenges we have ever seen. The knowledge and understanding of how we keep the lights on that can be understood only within the Electricity System Operator have been the foundations for the careers of many of our company leaders.

We are proud to offer a starting salary of £22,906.

As a first step to your career in the energy industry, our 12-month Undergraduate Programmes are like no other! You’ll gain an insight into how we work at the ESO, exposure to the energy and power industry, develop hands-on experience, and understand what a career with us can offer.

You’ll receive some great rewards and benefits including 26 days’ annual leave plus statutory holidays (pro-rata for 12-week placements), a buddy to support you during your placement, and a Graduate Development Programme opportunity.
#Industrialplacementopportunities2024

More Information

The Government and Ofgem have asked the ESO to take on new roles and responsibilities.

Becoming the Energy Future System Operator is a critical step to help deliver a reliable and clean energy transition for all. The ESO, including all of its existing roles, will be at the heart of the new Future System Operator, taking on additional roles with a whole energy system mindset to drive progress towards net zero while maintaining energy security and minimising costs for consumers.

The new organisation will be set up as a public corporation with operational independence from government – bringing parties together to support optimised decision making and action. As now, it will be licensed and regulated by Ofgem through price control agreements. It is anticipated that the new organisation will be up and running by or in 2024.

The time to act on climate change is now. As part of the team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.

#Industrialplacement2024

APPLY FOR THIS JOB NOW

For more information about this vacancy please contact Energy & Utility Skills on +441217138264 (Ref ID: 242273)

Opportunities with Apprenticeships with National Grid

National Grid is an energy company operating in the UK and US. They deliver electricity and gas safely, reliably and efficiently to the customers and communities they serve – all while working towards a clean energy future.

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