Data Scientist

Octopus Energy Group; Deutschland; Vor Ort; EUR 70.000 - 110.000; Vollzeit

Zusammenfassung

Octopus Energy Trading, part of Octopus Energy Group, is hiring a data scientist to build data pipelines and models forecasting electricity demand and renewable generation. You will focus on the GB intraday power market, while expanding analyses across Western Europe.

You’ll use Python and ML techniques, communicate trade-offs clearly, and collaborate across Trading, Renewables and Flexibility teams to advance our Net Zero objectives.

Qualifikationen

• Experience with Python is essential.
• Experience with Machine Learning is essential.
• Good understanding of forecasting techniques and ability to build baselines and iterate quickly.
• Ability to communicate your approach, including strengths and limitations.

Aufgaben

• Explore data types needed to trade the GB intraday power market.
• Build, improve and maintain models forecasting electricity demand and renewable generation (GB-focused, expanding to Western Europe).
• Identify high-quality, novel data sources for forecasts.
• Develop forecasting framework and tools.
• Automate forecasting processes with checks and alerts.
• Apply forecasting models to enhance price forecasts.
• Collaborate with Trading, Renewables, Flexibility and other teams to leverage combined data.

Kenntnisse

Python

Forecasting

Machine Learning

Data pipelines

Communication

Teamwork

Jobbeschreibung

At Octopus Energy Trading, we’re on a mission to reshape the future of energy. As part of Octopus Energy Group, we’re creating an innovative approach to trading that will accelerate the transition to a Net Zero world. With the growth of renewables and a push toward decarbonising heating and transport, greater flexibility in the grid is essential. We are building cutting‑edge technology to optimise everything from domestic EV charging to grid‑scale batteries, to meet the global demand for energy flexibility.

We’re looking for passionate and unconventional thinkers to join us on this journey, bringing a diversity of experience and ideas to shape a more efficient, flexible, and sustainable energy system.

With an increase in variable and distributed supply, using data for trading and forecasting has never been more important. Octopus has always had a tech‑first approach, and our trading and analytics tools are all built in‑house. We are looking for a data scientist who’s comfortable building data pipelines bringing together internal and external data to create market leading insights using both classical and ML techniques. This will include looking at demand, renewables and transmission system fundamentals forecasts focussed to begin with on the GB intraday power market.

What You’ll Do

• Exploring the types of data needed to effectively trade the GB intraday power market
• Building, improving and maintaining models to forecast electricity demand and renewable generation, primarily in GB but developing into all of Western Europe;
• Finding high quality, novel data sources to base our forecasts off of;
• Development on forecasting framework and tools;
• Maintaining and automating forecasting processes, whilst building in checks and alerting;
• Utilising these forecasting models to build or enhance our price forecasts
• Collaborating with Trading, Renewables, Flexibility and other teams to utilise our combined knowledge and data.

What You’ll Need

• Experience with Python is essential;
• A good understanding of what forecasting techniques to use and the ability to build a simple baseline and quickly iterate;
• Ability to communicate your approach, including its strengths and limitations;
• Able to quickly understand commercial and industry concepts;
• Team player excited at the idea of ownership across lots of different projects and tools;
• Passion for driving towards Net Zero;
• Experience with Machine Learning is essential;
• Experience in the electricity industry in GB would be useful but not required.

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we’re looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.