ONRE - Value Engineering Analyst

1 week ago


india QuEST Global Services Pte. Ltd Full time

Quest Global is an organization at the forefront of innovation and one of the world’s fastest growing engineering services firms with deep domain knowledge and recognized expertise in the top OEMs across seven industries. We are a twenty-five-year-old company on a journey to becoming a centenary one, driven by aspiration, hunger and humility.

We are looking for humble geniuses, who believe that engineering has the potential to make the impossible, possible; innovators, who are not only inspired by technology and innovation, but also perpetually driven to design, develop, and test as a trusted partner for Fortune 500 customers.

As a team of remarkably diverse engineers, we recognize that what we are really engineering is a brighter future for us all. If you want to contribute to meaningful work and be part of an organization that truly believes when you win, we all win, and when you fail, we all learn, then we’re eager to hear from you.

The achievers and courageous challenge-crushers we seek, have the following characteristics and skills:
 

Roles & Responsibilities:

LCOE Analysis and Optimization:Conduct detailed modelling and sensitivity analysis to assess renewable energy project LCOE including optimising input into electrolysers for hydrogen production. Identify cost optimization and value engineering opportunities and recommend strategies to improve project economics. Collaborate with cross-functional and in-region project teams to understand project parameters and inputs required for LCOE calculations. Apply forecasts of key trends that affect LCOE such as rates of technology improvement, execution learning curves and commodity price impacts. Data Management and Analysis:Gather and organize data related to project costs, energy production, and financial parameters required for LCOE analysis. Analyze and validate data inputs to ensure accuracy and reliability. Utilize financial and statistical models to conduct comprehensive LCOE analysis. Collect and manage external benchmarking data on costs and LCOE. Reporting:Lead the preparation of reports and presentations on project costs and value engineering for management and project stakeholders. Communicate complex analysis in a clear and concise manner. Project Support and Decision-making:Collaborate with project development teams to provide input into the economic viability of potential onshore renewable energy projects. Support the evaluation of different technology options and design configurations from an LCOE perspective. Contribute to the decision-making process by providing insightful analysis and recommendations. Collaborate with Finance teams to ensure that all assumptions and project parameters are accurately represented in project investment models. Continuous Improvement:Stay up to date with the latest industry trends, policies, regulations, and market conditions affecting the LCOE of onshore renewables. Support the development of tools and methodologies for value engineering and LCOE analysis. Ensure consistency of approach and lessons learned are share across the portfolio.

Required Skills (Technical Competency):

Bachelor's degree in finance, economics, engineering, or a related field. Experience in LCoE analysis, techn-economic modeling, and project evaluation, with a minimum of 4 years direct experience in LCoE management within solar, onshore wind and storage technologies. Good understanding with onshore wind or solar energy projects and their associated techno-economic parameters. Ability to collaborate within and outside of team, as well as with internal project stakeholders. Demonstrate bp beliefs which promote a safe and environmentally responsible work culture, ensuring HSSE risks are considered
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