Consultant, Power Modelling

  • Shanghai, China
  • Full-time
  • Verisk Business: Wood Mackenzie

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

We are looking for a Consultant – Power Modelling to join Wood Mackenzie’s Asia Pacific Power and Renewables research team in China. This role will be part of our global Power & Renewables team which is a rapidly expanding and highly respected group of industry experts who produce market-leading research across onshore and offshore wind, solar photovoltaic, energy storage, conventional power, power markets, electric vehicles, hydrogen, and other emerging technologies.

Initially, the associate is expected to focus on power modelling and reports and deliverables covering major power markets in the Asia Pacific region, including:

·      Gathering data on power market supply and demand, tracking projects, policy changes and investment trends

·      Running industry-leading hourly dispatch models and using them to forecast key outputs such as capacity additions, wholesale and retail prices, and carbon emissions.

·      Financial modelling of power generation costs using levelised cost of electricity (LCOE) models including outlooks for capex, opex, fuel costs, emissions pricing, technology advances and more

This is an entry-level role and so full training will be given using our internal models, datasets and tools.  Once training is completed, with guidance and reasonable editorial inputs from your manager and senior colleagues, you will quickly become a contributor to or independently prepare high-quality, insightful written reports, publications, and presentations to influence clients’ business decisions.   Over time you will build and maintain relationships with a range of clients and other experts in the power & renewables industry.  

Wood Mackenzie has a dynamic and expanding team in the Asia Pacific with offices spanning Japan, South Korea, China, Singapore, Australia, India, and Southeast Asia. These diverse markets already dominate global electricity demand, are expected to contribute two thirds of future global demand growth, and play a leading role in deployment of new technologies such as renewable energy and battery storage.  This Research Associate position is an excellent opportunity to develop power modelling and analysis skills and launch a career as an analyst and future industry expert in the booming power and renewables space in Asia. 



You are excited about exploring challenging and complex topics and have exceptional quantitative skills either through a business, economics, engineering, science or similar background, and related work experience. You are a strong team player with excellent problem-solving skills. You are organised, have strong data analysis skills, an analytical mindset and an eye for detail. You are willing to work hard to master new skills and knowledge. You have strong written and verbal communication skills including in written and spoken English, and an additional Asian language is a plus.  

This role is suitable for someone who is a recent graduate from a Bachelors, Masters or Ph.D. degree including those with up to 2 years of work experience. Work or internship experience in a power and renewables company is a plus, and power modelling experience is highly desired.  

This is an excellent opportunity to build a career in the power and renewables sector working with a well-respected global team of experts and wide range of industry players and clients. We are open to considering candidates with a variety of backgrounds and interests and there is opportunity to tailor this role to the specific interests of the right candidate.  The preferred location for this role is in Shanghai, and Beijing is also an option.

Additional Information

Wood Mackenzie is the global leader in data, analysis and consulting across the energy, chemicals, metals, mining, power and renewables sectors.

Founded in 1973, our success has always been underpinned by the simple principle of providing trusted research and advice that makes a difference to our customers. Today we have over 2,000 customers ranging from the largest global energy companies and financial institutions to governments as well as smaller market specialists.

Our teams are located around the world. This enables us to stay closely connected with customers and the markets and sectors we cover. Collectively this allows us to offer a compelling combination of global commodity analysis with detailed local market knowledge.

We are committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment that encourages diversity and fosters a sense of belonging. We are committed to creating a workplace that works for you and encourage everyone to get involved in our Wellness, Diversity and Inclusion, and Community Engagement initiatives. We actively support flexible working and are happy to consider alternative work patterns, taking into account your needs and the needs of the team or division that you are looking to join. 

Hear what our team has to say about working with us:

We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

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