This scheme is now closed to applications. The 2013 Analyst Graduate Scheme will open in the Autumn.
During your career as an Analyst, you’ll build a clear insight into the factors that make our business successful. You’ll learn how we operate in the market, how we control risks and how we are developing an increasingly broad power portfolio. And of course, you’ll be on the front line at what is a pivotal time for the energy industry.
Who is it for?
Graduates with at least a 2:1 in economics, business, geography, science or engineering.
Where you fit in
Energy Sourcing and Customer Supply (ESCS), where you’ll be based for most of the time, is our ‘control centre’. It’s the part of the business that manages, optimises and sells energy to the UK and Europe. We’re a major power generator and we’re spearheading the exploration of new sources of energy. The branch itself runs EDF Energy’s coal and gas fired power stations as well as combined heat and power plants and wind farms. We sell energy to major business customers within the UK, as well as to a significant chunk of the country’s population.
What will you be doing?
‘Analyst’ is a broad term, covering a number of roles. Some are focused on the analytical work: looking at numbers to understand our costs, prices and the volumes of energy generated or traded. Other roles support large projects that are transforming the way we do business.
In the long term, analysts create models of the energy markets to help us predict what will happen decades from now. This helps us make the wisest decisions on investments and assets. In the medium term, analysts are essential for our hedging strategies – making sure that we buy the resources we need at the best prices. And in the short term analysts help us make good trading decisions and make sure we’re not exposing ourselves to any undue risk.
Analysts can even play a role in helping to formulate industry and government policy – as well as responding to those policies and representing EDF Energy at industry forums.
Our graduate scheme in this area runs for two years and consists of four six- month rotations. You may also experience rotations outside of ESCS to ensure you have broad exposure to the business.
Rotations are available in the following teams:
Upstream
This team looks at look at the best ways to get the most out of our power stations and other generation assets. They also control our physical fuel requirements – looking at the supply chain for coal and biomass for example. The team looks at optimisation (planning using sophisticated models to determine when and how to run our power stations to maximize profitability) and hedging (helping to reduce our exposure to volatile wholesale energy prices).
Optimisation
Optimisation is all about balancing profitability with risk. This team develops sophisticated hedging strategies to create maximum value from our assets while staying within our agreed level of risk. The team also manages the output from our nuclear portfolio and undertakes external and structured trading. Decisions here are supported by a centralised modelling group, which builds quantitative models, performs analysis on the portfolio and provides a single fundamental market view.
Business to Business (B2B)
From the smallest sole trader up to some of the UK’s biggest industries, all of these business customers rely on us to provide power at prices that keep them profitable. And, quite rightly, they expect excellent customer focus and service, sensible pricing and a competitive cost base. This team is here to manage their supply of energy. Work can involve everything from marketing, sales and customer services to pricing, hedging, billing and debt collection.
Business to Consumer (B2C)
This team develops and helps deliver new ways to give a fantastic service to our residential customers. You could be working on anything – from predicting how much energy our residential customers will use to ensuring that this energy is effectively purchased, and from setting our prices to managing our sales and marketing activities. You’ll also look at the ways we provide our customers with a great service – either over the phone, via the internet or in their home.
Strategic Investment
The focus here is on buying or developing energy assets, with an eye on the future. You could be looking three years ahead – or forty. The scope includes gas, electricity and renewable energy assets, as well managing any equity stakes in other assets or the development of joint ventures. With the levels of new investment we’re involved with, you can expect to keep busy.
Transformation team
The Transformation team co-ordinates our overall operational strategy. Put more simply, the team oversees change projects within the company, whether they are to do with the integration of the combined companies or the development of the business in the future.
Risk Management
The purpose of this team is to reduce the threats to the achievement of our company ambitions. You will work to identify, manage and mitigate any risks that could prevent EDF Energy in meeting its stated objectives.
Where you'll be based
You could be based in a variety of locations, including London, Hove, Gloucester, Exeter, Doxford, Bexleyheath and Crawley.
