Analyst – Power & Low Carbon Solutions

Our Power and Low Carbon Solutions practice is looking for a person with up to 1 year of relevant experience to join the team in Sofia. 

Baringa’s market leading Power & Low Carbon Solutions (PLCS) practice works with clients across the energy value chain—utilities, independent power producers, developers, network companies, commodity traders, industrials, investors, policymakers and regulators. We combine deep market, technical, commercial and regulatory expertise to help clients develop projects, deploy capital, and optimize value across the energy transition, including renewables, storage, clean molecules and low carbon infrastructure. 

What you will be doing

• Market & strategy support: Contribute to market assessments on South-East Europe wholesale power, emerging technologies (e.g., renewables, storage, PtX/clean molecules) and business models to inform corporate or investment strategies.
• Quantitative analysis & modelling: Build and maintain datasets and simple models to assess market fundamentals, asset revenues and commercial performance (e.g., renewables and flexible resources such as batteries, pumped storage and demand response).
• Transaction support: Assist in buy and sell-side commercial due diligence for renewables, storage and early stage low carbon assets, helping evaluate value drivers, risks and routes to market
• Tenders & auctions: Support teams in structuring and pricing bids for competitive government tenders/auctions.
• Client deliverables: Create clear, well structured slides, memos and dashboards that turn analysis into practical recommendations for clients.

Your skills and experience

A well-rounded candidate should demonstrate a balance of strengths across these key areas:

• Education: Bachelor’s or Master’s degree in Engineering, Business Analytics, Mathematics, or related field.
• Experience: Internships or up to 1 years experience in energy, consulting, finance, data analytics or a related area.
• Analytical skills: Strong problem solving and quantitative capability; proficiency in Excel/PowerPoint; familiarity with Python/R/SQL/Power BI is a plus.
• Energy market interest: Understanding (or strong motivation to learn) the fundamentals of South East European wholesale electricity markets, market design, regulation and commercial structures. Knowledge of Romanian, Hungarian or Greek energy markets will be considered a strong advantage 
• Domain exposure: Interest or initial experience in valuation of renewables and storage, routes to market, and flexible resources (batteries, pumped storage, DSR).
• Communication: Clear written and verbal communication, able to translate analysis into concise narratives and slides for clients.
• Ways of working: Organized, proactive, adaptable and comfortable working in small, blended teams.
• Language: Excellent verbal and written English language

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 workplace

You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we’ve achieved this. 

Using business as a force for good. 

We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1, 2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.