Energy Market Quant: Forecasting & Hedging

Drax Group; Ipswich; On-site; Confidential; Full time

Benefits offered by this job

Discretionary bonus

Private Healthcare

SAYE

Personal accident cover

Group pension up to 10%

25 days holiday + bank holidays

Professional body membership reimburse

Job summary

Drax Group in Ipswich and London is looking for a Quantitative Analyst to join the Forecasting & Hedging Team. You will develop forecasting models across import (consumption) and export (renewable generation) portfolios and provide data-driven insights to support commercial decisions.

You will apply statistical, machine learning and optimisation techniques, lead code reviews, and deliver automated reporting and visualisations using Python, SQL and Power BI.

Qualifications

• A quantitative degree and strong analytical skills are required.
• Experience with Python and SQL is preferred.
• Knowledge of Power BI or similar visualization tools is advantageous.

Responsibilities

• Develop, maintain and enhance forecasting models across import (consumption) and export (renewable generation) portfolios.
• Research, evaluate and implement statistical, machine learning and optimisation techniques to improve forecast accuracy and commercial value.
• Lead peer reviews of code, model changes and analytical methodologies, ensuring high standards of quality and best practice.
• Design and deliver automated reporting, dashboards and visualisations using Python, SQL and Power BI to support portfolio monitoring and informed decision-making.
• Provide ad-hoc and time-critical quantitative analysis to support Commercial, Renewables, Strategic Sales, Finance and other business areas.
• Contribute to the development of new forecasting capabilities across power demand, renewable generation, weather, pricing and portfolio optimisation.
• Build and maintain scalable data processing and automation pipelines to support forecasting and analytical workflows.
• Maintain awareness of industry developments, regulatory changes and emerging analytical techniques relevant to the UK energy market.

Skills

Quantitative skills

Python

SQL

Power BI

Stakeholder comms

Education

Mathematics/Statistics/Engineering/Physics/Economics degree

Tools

Python

SQL

Power BI

Job description

Drax Group in Ipswich and London is looking for a Quantitative Analyst to join the Forecasting & Hedging Team. You will develop forecasting models across import (consumption) and export (renewable generation) portfolios and provide data-driven insights to support commercial decisions.

You will apply statistical, machine learning and optimisation techniques, lead code reviews, and deliver automated reporting and visualisations using Python, SQL and Power BI.