Market Analyst
- ENGIE
- Brussels, Belgium
- €55,000 – €75,000
Market Analyst – Long-Term Power & Grid Modelling (F/M/X)
Do you enjoy turning complex market dynamics into actionable insights that support strategic business decisions?
Would you like to work at the intersection of data, economics, regulation and power systems while collaborating with experts across ENGIE?
Then this job is for YOU.
For the Long-Term Power & Grid Modelling Team, within the Market Analysis Expertise Center (ECMA) of ENGIE Supply & Energy Management, we are currently looking for a Market Analyst (F/M/X) based in Brussels.
Research shows that men apply when they meet 60% of the requirements while women only apply when they are convinced they meet 100%. Don't let that hold you back, we'd love to hear from you!
YOUR RESPONSIBILITIES as Market Analyst:
As a Market Analyst, you will support ENGIE’s business entities in understanding and anticipating the transformation of electricity markets across multiple geographies and time horizons.
Working within a transversal team of quantitative experts, you will contribute to strategic and operational projects for a wide range of internal clients, including Strategy, Trading, Renewable & Flexible Generation, Regulatory Affairs and Finance teams.
Your main responsibilities will include:
- Develop and improve quantitative power market models to analyze long-term market evolution, technology deployment, investment economics and energy transition scenarios across Europe and Brazil.
- Deliver market intelligence and analytical insights supporting ENGIE's strategic decisions, investment opportunities and regulatory assessments.
- Produce long-term power market forecasts and scenarios used by multiple ENGIE business entities, including Strategy, Trading and Renewable Development teams.
- Translate complex modelling results into clear recommendations, presentations and decision-support materials for stakeholders and senior management.
- Ensure consistency and quality of market analyses across geographies, business lines and forecasting horizons.
- Contribute to the continuous improvement of modelling methodologies and challenge existing market assumptions and practices.
YOUR PROFILE as Market Analyst :
- Master's degree or PhD in Engineering, Mathematics, Physics, Economics, Data Science or another quantitative field.
- Strong analytical mindset with a genuine interest in power markets, energy systems and the energy transition.
- Good understanding of wholesale electricity markets and energy market fundamentals.
- Experience with quantitative modelling, optimization, data analysis or programming; Python is a strong asset. Knowledge of Plexos and/or SDDP is a plus.
- Ability to transform complex analytical outputs into clear business recommendations and impactful presentations.
- Autonomous, curious and collaborative team player with excellent communication skills and fluency in English (French and/or Dutch are assets).
WHY JOIN THIS TEAM?
The Long-Term Power & Grid Modelling team provides market insights across multiple horizons:
- 0-5 years: supporting ENGIE's trading activities and market positions.
- 5-10 years: assessing grid congestion risks and supporting risk mitigation strategies.
- Up to 25 years: developing ENGIE's Corporate Scenarios and long-term outlooks on power prices, technology evolution and investment profitability.
This role offers broad exposure across ENGIE’s activities and provides the opportunity to work on strategic questions shaping the future of energy markets in Europe, the Americas and beyond.
It is an ideal opportunity for someone looking to build expertise in quantitative energy market analysis while contributing to ENGIE’s net-zero ambitions.
MORE ABOUT US :
ENGIE Supply & Energy Management (S&EM) is the energy management business unit of ENGIE and plays a key role in delivering reliable, affordable and low-carbon energy solutions worldwide.
The Market Analysis Expertise Center (ECMA) supports ENGIE's businesses through advanced market intelligence, forecasting, strategic studies, investment analysis, regulatory expertise and ESG-related insights.
By joining S&EM, you become part of a global community of more than 10,000 energy professionals across 20 countries, working together to accelerate the energy transition and provide decarbonized energy 24/7.
At S&EM, we encourage innovation, curiosity, collaboration and entrepreneurial spirit while fostering a healthy work-life balance.
Skills
- Power market modelling
- Quantitative Analysis
- Data Analysis
- Python
- Excel
- Energy economics
- Scenario Analysis






