Research Analyst - Energy Market & Macro Insights

Job description

### About Baringa Baringa is a global consulting firm that partners with leaders to drive change and create value. With deep industry expertise, and enabled by advanced technology, the firm helps clients to deliver with greater confidence and certainty. With over 2,000 people across the UK, Europe, North America, Asia and Australia, the firm combines global insight with local understanding. The firm works across energy and resources, financial services, government and public sector, consumer products and retail, pharmaceuticals and life sciences, manufacturing, and technology, media and telecoms, with capabilities spanning strategy, transformation and operational excellence – all powered by advanced technology, data, AI and digital innovation. Clients value Baringa’s collaborative approach and the way its teams integrate seamlessly – all working with a shared understanding of what matters most. The firm is known for its kind, curious experts who listen closely and care deeply about client success as they help clients transform energy markets, modernise financial platforms, expand telecoms and digital networks through advanced data analytics, enable digital services in government, and unlock growth in consumer sectors. Certified as a *Great Place to Work* around the world, Baringa has been recognised by the *Financial Times* in 22 categories of its UK Leading Management Consultants rankings, and by *Forbes* for four consecutive years as one of the World’s Best Management Consulting Firms. ## Our Energy & Resource practice are looking for an Energy Research Analyst to join the team. In this role, you will be based out of our Sofia office, working at the forefront of the energy transition alongside market specialists with deep industry knowledge where you will be able to deploy and then broaden your skill set and sector expertise. Baringa’s Power Markets Modelling Experts leverage the latest market intelligence, deep energy market expertise, and advanced modelling tools to deliver valuable power forecasts to the energy industry. These reports help our clients deploy and build energy assets as well as navigate the energy transition. ### What you will be doing The Energy Market & Macro Insights team at Baringa delivers cutting-edge analysis and thought leadership on energy and climate-related topics, using economic and political analysis to support our power market subscribers, broader client base, and media presence. Drawing on Baringa’s proprietary models and third-party data, the team distils complex market dynamics into accessible, compelling insights with a strong emphasis on storytelling through data. We produce both short- and long-form content to track and interpret emerging trends in energy markets. Recent reports have included: - Middle East Conflict: Scenarios and Power Asset Implications - The investment attractiveness of battery storage assets - The implications of elections and policy changes to the energy transition - The impact of a global trade war on European power markets - The increasing prevalence of negative power pricing and its implications In addition, the team is also responsible for generating Baringa’s macroeconomic and financial market assumptions used in our energy system models, including forecasts for FX, interest rates, inflation, and the cost of capital. We publish regular macroeconomic outlooks across Baringa’s key geographies. **Core responsibilities include:** - Conducting primary and secondary research across a wide range of topics, including energy deployment, technologies, geopolitics, macroeconomics, policy developments and investor trends - Supporting the development of models, data insights, and methodologies to identify emerging market dynamics - Writing high-quality, data-driven reports tailored for investors, policymakers, and commercial clients - Developing a strong understanding of the macroeconomic context and the energy transition ecosystem - Engage with internal stakeholders to shape and refine research outputs, ensuring insights are accurate, relevant and actionable - Communicate views with clients via talks, webinars and podcasts ### Your skills and experience **What success looks like:** To succeed in this role, you will bring a combination of curiosity, analytical rigor, and communication skills. You should be comfortable working with data, developing your macro and energy market knowledge, and delivering impactful research that helps clients navigate a fast-evolving energy landscape. **About you – what skills & experience are we looking for?** - Deeply passionate about the energy transition, macroeconomic developments, geopolitics, and energy and climate policy. - Curious and analytical, with a strong ability to connect macro-level events - from the war in Ukraine to populism and re-militarisation - to developments in the energy market. - Self-starter with an entrepreneurial mindset; thrives under pressure and takes ownership to deliver during peak periods. - Proven team player who meets deadlines, demonstrated through internships, group projects, extracurricular activities or part-time work. - Excellent written and verbal communication skills, with the ability to craft compelling narratives through data-led research, both in long-form reports and short-form, journalist-style notes. - Comfortable working with data, with developing skills in interpreting modelling results and manipulating data sets. - A recent graduate (or final-year student due to graduate shortly), with a strong academic record in your undergraduate or master’s studies (preferably with some economics component). - Fluent in written and spoken English. - Some experience working with Excel/R/Python (or similar tools) and AI for data analysis and modelling is a plus but not a prerequisite. - Candidates should be comfortable with international travel, which may be required for up to 30% of the time. Candidates must be able to travel and work within the EU/UK. ## What a career at Baringa will give you ### Putting People First. ### Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include: - Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service. - Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave. - Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us. - Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice. - Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success. ### Diversity and Inclusion We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people. ### An award-winning