Planning & Market Optimization Expert

Edp Renovaveis Servicios Financieros SA; Oviedo; Hybrid; EUR 48,000 - 68,000; Full time

Job summary

EDP is seeking a data-driven professional to develop and optimize trading strategies for Global Energy Management across European markets, including Iberia. The role involves planning/bidding strategies, market analysis, and supporting front-office tools and reporting.

The candidate will analyze regulatory changes, perform cross-department analyses, and contribute to the Business Plan/Budget with strong programming and data skills in Python, R, SQL, and visualization tools.

Qualifications

• Bachelor's or Master's degree in Statistics, Applied Mathematics, Engineering, Economics or Business with strong quantitative focus or Data Science or Analytics.
• Postgraduate or specialization will be valuated.

Responsibilities

• Develop and optimize the middle & short-term trading strategies of Global Energy Management in European markets (Iberia & Rest of Europe).
• Develop planning & bidding strategies at DAM/IDM/XBID/AASS/IMB/Constraints/Nomination to maximize trading revenues.
• Perform analyses for other departments (RGA, FP&A, Origination, R&M, Back Office).
• Analyze market regulations and financial conditions affecting short-term strategies.
• Develop digitization and market tools to support Front Office Operations and reporting of market results.
• Develop and simulate the Business Plan / Budget.
• Develop optimization studies and models for electricity sales where Market Operations participates directly.
• Coordinate market evolution analysis, forecasting and strategy performance.

Skills

Python

R

SQL

Data Science

Time Series Analysis

Statistics

Analytics

Excel

Power BI

Tableau

Education

Bachelor's or Master's in Statistics, Applied Mathematics, Engineering, Economics or Business with strong quantitative focus or Data Science or Analytics

Tools

Power BI

Tableau

Excel

Azure

Job description

We are EDP, a global energy company present in around 29 markets with a particular emphasis on renewable energies. With more than 45 years of experience, we have been consolidating a relevant presence on the world energy scene based on the commitment to be all-green by 2030, leading the energy transition. With more than 13,000 employees around the world, we are committed to using our energy and heart to drive a better tomorrow.

What you will do:

• Develop and optimize the middle & short-term trading strategies of Global Energy Management (GEM) in the various European markets where GEM is active (Iberia & Rest of Europe). The Planning & Market Optimization team is responsible for
• developing planning & bidding strategies at different markets (DAM/IDM/XBID/AASS/IMB/Constraints/Nomination/etc) to maximize trading revenues,
• performing analysis required by other departments (e.g., RGA, FP&A, Origination, R&M, Back Office),
• analyzing market regulations and financial conditions affecting short-term strategies, and
• developing digitization and market tools to support Front Office Operations and reporting of market results,
• necessary developments and simulations of the Business Plan / Budget
• Development of optimization studies and models for the sale of electricity in the countries where the Market Operations Unit performs direct market participation.
• Coordinates the analysis of market evolution, forecasting and strategy performance to improve the results of market operations and develop new strategy proposals. Business Analysis in the several markets to establish the best possible strategies.
• Monitor the different country's regulations, regulatory changes, analyze and coordinate studies of their impact on EDP market operations strategy.
• Coordinates the strategy performance reporting and data handling for the communication of Market Operations results to internal departments. This requires strong communication and coordination with IT&Digitalization team to deploy the technical solutions required.
• Coordinates the performance of analysis required by EM - Origination to support during negotiation processes for PPAs or contracts for Market Representation and establish the impact of financial contracts on assets (PPAs, CFDs, merchants, bilateral, etc) and regulation on the price offers, operation and market strategies.
• Coordinates and develops the Business Plan/Budget simulations & reports, in strong cooperation with FP&A.
• Provides support to other departments (RGA, FP&A, Origination, R&M, Back Office) through specific analysis, for example on imbalance costs for existing and new geographies.
• Coordinates the elaboration of specific studies related with energy market operations activities (i.e energy storage).
• Support the Director for Short Term Asset Optimization within the global digitalization project of GEM, considering all the topics related to Optimization Models, algo traders, AI algorithms, bots and Market applications/software for bidding (e.g. DAM, Constrains, XBID, ID markets, Imbalances, Nominations, Bilateral, ancillary services, etc) and Datahub solutions.

Employment type: Full Time

City: Lisbon or Oviedo

What are we looking for

• Bachelor's or Master's degree in Statistics, Applied Mathematics, Engineering (Electrical, Computer, Industrial), Economics or Business with strong quantitative focus or Data Science or Analytics.
• Postgraduate or specialization will be valuated .
• Former experience in the power industry related to electricity markets, renewable regulation, short-term markets, data treatment and coding experience.
• Power industry (regulatory perspective), energy management, programming (Python/R/VBA/Excel/Azure), analytical skills, critical thinking, presentation/communications skills (written and oral), computer skills.
• Statistical inference, regression, time series analysis
• Programming in Python, R, and SQL
• Data visualization tools (Power BI, Tableau)
• Predictive modeling and machine learning techniques (decision trees, regression, clustering)
• Working language in English and Spanish, written and oral English, Spanish and desirable one additional European language.
• Know the organization and the interactions between Departments.
• Know the economic and technical dispatch centers of EDP.
• Demonstrate organizational values on a daily basis.
• Achievement Orientation.
• Results oriented.
• Organizational Compromise.
• Openness to Change.

More than academic knowledge and technical skills, we are looking for ambitious people who are enthusiastic about the future and who bring human skills aligned with our purpose .

Equal opportunities for all

Our vision is that each person combines their unique characteristics and experiences to fulfill our mission of creating new energy for the planet. We are an inclusive employer, ensuring all candidates are treated fairly throughout the recruitment process. We welcome and value all people, and we are committed to fostering a sense of belonging for each person who is part of the EDP group.

A s a top employer we:

• Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making;
• Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits;
• Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility;

Our efforts have resulted in several distinctions over time, highlighting the EDP group's strong positioning and its dedication and commitment to attracting and retaining the best talent:

• Top employer certification by Top Employers Institute
• Part of the Bloomberg Gender-Equality Index
• Top 100 Wor
• kplaces by Houston Chronicle

Discover our tips to enhance your performance during the recruitment process and if you think you are the right fit for this opportunity.