In profile: Senior Strategy Analyst Andrew Broadbent
Since joining CS Energy in 2016, Andrew has worked in a variety of finance and strategy roles.
His most recent role involved analysing energy market and policy trends and their impact on our business. Now, he will shift into the Future Energy division for a six-month secondment to support CS Energy’s pipeline of future energy initiatives.
Tell us a bit about the work you will be doing in the Future Energy division.
I will be involved in progressing both current and emerging business opportunities. I will also be working closely with the Policy and Regulation team, helping with CS Energy’s responses to various submissions as the policy framework keeps pace with the energy transition.
What are you most looking forward to working on in Future Energy?
There is a huge volume of activity across the division and I'm looking forward to being an extra pair of hands and putting CS Energy's Strategic Priority to 'Deliver Future Energy' into action.
There is an opportunity for me to leverage the strategic experience from my previous role to help engage more of our people in CS Energy’s journey to become a diversified energy business.
I am also looking forward to deepening my knowledge across the energy landscape, both of emerging technologies and evolving policies. As the momentum of the transition gains pace, keeping on top of changes becomes ever more important.
In your previous role at CS Energy you analysed trends occurring across the energy value chain. How difficult is it to predict the market trends that will have the biggest impact?
There is so much activity occurring in the energy landscape, which has a broad scope and is incredibly interrelated. The traditional energy value chain of generation ➡️ transmission ➡️ retailing has become scrambled as the energy transition continues to unfold.
For example, the rapid uptake of rooftop solar has given rise to the 'Prosumer' where customers are both a producer and consumer of energy, increasing customer engagement in their energy procurement while creating a two-way flow of electrons.
Predicting what will have the biggest impact is challenging as the pace that technology is deployed directly relates to how fast costs decline.
And of course market trends are not solely economic, which makes the energy transition even more interesting. The pace and form of the energy transition will be shaped by the physical capability of the grid, economic competitiveness to the incumbent technology and ESG factors (Environmental, Social and Governance).
What do you find most interesting about working in the energy sector?
Two things spring to mind. First, the fact that energy is an essential service and the complexity behind turning on a light switch at home isn't widely understood. Watching the pace of technological advancement, and the key drivers change over time, is fascinating.
Second, the final form and composition the energy market will take is an unknown for all participants. Watching participants navigating this is exciting and builds invaluable experience.
How do you like to spend your time outside work?
I like to stay fairly active. I do weight training six days a week, enjoy running and some friends are working to convince me to start cycling again.
I also try to adopt a growth mindset. I love learning, reading and listen to audiobooks across a range of topics including business, developing personal skills, behavioural science, geopolitics and history.
Finally, I am a bit of a wine buff - hence I need to stay active to offset the empty calories!