Consultant – Power Markets Advisory | Iberia

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.

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  Iberian market expertise: Develop and apply a deep, practical understanding of Spanish and Portuguese wholesale power markets, including market design, regulation, network access, balancing and ancillary services, and translate market insights into actionable client advice.
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  Battery storage and flexibility: Assess the value of standalone and hybrid storage projects, including revenue stacking across different markets, impact of current and envolving regulation, and contracted or tolling structures.
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  Market and Transactions engagements: Support strategic and transaction-related engagements with leading IPPs, developers, utilities and investors across Iberia, including growth strategy, investment and development strategy, portfolio value creation, commercial optimisation, route-to-market and market access.
• →Quantitative analysis and modelling: Build, run and challenge models of market fundamentals, asset revenues, dispatch and commercial performance, and interpret outputs from our in-house market models for clients.
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  Transaction support: Contribute to buy side and sell side commercial due diligence assignments across storage, renewables and low carbon infrastructure, helping clients evaluate value drivers, risks and routes-to-market.
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  Portfolio and asset insights: Analyse asset dispatch, hedging strategies and portfolio optimisation opportunities, working closely with developers and independent power producers.
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  Client delivery and ownership: Take ownership of analytical workstreams and produce clear, well-structured slides, reports and dashboards that turn analysis into practical recommendations. As you progress, you will increasingly lead workstreams, manage day-to-day client interactions and support the development of more junior colleagues.
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  Building the Madrid team: Contribute to proposals, thought leadership and the intellectual capital that underpins our Iberian offering, while helping shape the continued growth of the team.

The ideal candidate will have experience in several of the following areas:

• Experience: Up to 3 years of relevant experience gained in consulting, energy markets or related industries, including developers, utilities, independent power producers, trading houses, investors or lenders.
• Iberian market knowledge: Working knowledge of Iberian wholesale electricity markets, market design, regulation and commercial structures, together with a strong interest in developing this expertise further.
• Storage and flexibility: Experience in, or strong interest in, the valuation of batteries and other flexible resources, routes to market, and the commercial models that support them.
• Strategy and transactions: Experience in, or strong interest in, commercial due diligence, growth strategy, market entry and transaction-related work within the power and energy sector.
• Analytical skills: Strong quantitative and structured problem-solving skills, with advanced in Excel and PowerPoint capabilities. Experience with Python, R, SQL or Power BI would be advantageous.
• Education: Bachelor's or Master's degree in Engineering, Economics, Business Analytics, Mathematics or a related discipline.
• Communication: Strong written and verbal communication skills, with the ability to translate analysis into clear, concise and compelling recommendations for senior audiences.
• Ways of working: Organised, proactive and adaptable, with the ability to work effectively in collaborative, multidisciplinary teams.
• Languages: Fluent English and Spanish are required. Portuguese would be highly desirable.

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. 

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. 

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.

All applications received will be reviewed by a member of our Talent Acquisition team. We never rely solely on automated screening or AI tools to make hiring decisions. Your application will be considered for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed. Please contact a member of our Recruitment Team to discuss further.

For UK & EU

Your personal data will be retained by Baringa for up to two years, in accordance with our UK Recruitment Privacy Notice / EU Recruitment Privacy Notice, to evaluate your application and meet our legal and reporting obligations. In line with the General Data Protection Regulation (GDPR), you have the right to request access to, rectification, or erasure (subject to legal limitations) of your personal data. For more information, please contact us at privacy@baringa.com

For the USA

Your personal data may be retained by Baringa for up to two years, as outlined in our Recruitment Privacy Notice (AMER & APAC), to support the recruitment process and internal reporting requirements. Where applicable, and in accordance with relevant federal and state laws, you may have the right to request access to or correction of your personal information. For further details, please contact privacy@baringa.com

For Australia & Singapore

Your personal data will be retained by Baringa for up to two years, in accordance with our Recruitment Privacy Notice (AMER & APAC), to assess your application and meet applicable reporting and legal obligations. In line with the Australian Privacy Act and Singapore’s Personal Data Protection Act (PDPA), you may have rights to access, correct, or request limited deletion of your personal data. For more information, please contact us at privacy@baringa.com