Graduate Analyst role for recent graduates at Aurora Energy Research based in Madrid. Rotating through advisory and research departments with training and client involvement opportunities.
Responsibilities
As a Graduate Analyst, you will have the opportunity to rotate through the following departments:
- Advisory (Iberia) or Advisory (Latin America): executing bespoke consulting projects for clients
- Research (Iberia) or Research (Latin America): developing market forecast reports and original in-depth research on the future of energy systems
Projects include valuations of energy assets, modelling bespoke scenarios and asset configurations and conducting analysis to forecast asset economics for investors, banks, developers and utilities.
Besides project valuation work, the Advisory team also works with governments and regulators on designing and evaluating energy policy.
While most projects last for around two weeks, some longer projects, such as multi-client studies or longer pieces of policy work, can take several months.
Graduate Analysts usually work alongside other analysts, and project teams are made up of one or two analysts, a project manager and a senior associate providing oversight.
Teams re-form for each new project, so you will get the chance to work with everyone in the wider advisory team.
Quarterly market forecast reports are the main output of the research team. Each quarter you’ll be updating our latest view of the evolution of the power system to 2060 by modelling energy markets based on the latest assumptions on power demand, commodity prices, market activity and policy.
This involves a combination of desk research and modelling in collaboration with other teams. The research team also prepares regular mini conferences which involve presenting in-depth and timely analysis of a specific aspect of the market.
Research teams consist of around 5 analysts, and you’ll work closely with this team throughout the rotation.
The reports are read by subscribers from across the industry, including developers, utilities, asset optimisers, system operators, policymakers, regulators, and others.
Requirements
A final-year Bachelor student who is on track for a first-class or high second-class degree
A final-year Master student holding a first-class (Spain: 9 –10 or equivalent) or high second-class Bachelor’s degree (Spain: 7 – 8.9 or equivalent)
A recent graduate holding a first class or high second-class degree (Spain: 7 – 10 or equivalent)
You will need to be available to join in **September 2026**.
Our team look for evidence of the following qualities in applications:
An ability to collect, analyse, and interpret complex information
An ability to communicate and collaborate with a range of people
Evidence of quantitative skills
Evidence of effective work
Fluency in English (native or to a professional level – C1/C2), and Spanish language skills at B1/B2 or above
Fluency in Portuguese or other European language is an advantage: this is not essential, but we highly value the ability to work in a second language as we develop our business across Europe
Benefits
A fun, informal, collaborative, and international work culture
The opportunity to substantially influence major decisions in the energy sector
Direct engagement with clients through Aurora conferences, workshops and webinars
The opportunity to grow into a publicly visible industry expert
A competitive salary package
Access to regular coaching and mentoring sessions and the opportunity to learn from experienced professionals
Access to the Aurora Academy, our training programme offering a range of opportunities to develop your skills within the responsibilities of your role and within the wider context of the industry
Access to our Employee Assistance Programme (EAP), offering a complete support network that offers expert advice and compassionate guidance 24/7/365, covering a wide range of personal and professional aspects
At Aurora we will consider all requests for flexible working. For most roles, the following types of flexibility are usually possible: a hybrid model of remote and in-office working, part-time hours and flexible start and finish times.
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