Forecasting Lead for Nordic Power Markets

Axpo Group; Oslo fylke; On-site; NOK 700,000 - 1,100,000; Full time

Job summary

Axpo Group is seeking a quantitative forecaster to own the end-to-end quality of wind, solar, consumption and price forecasts used by the Physical Trading Desk in the Nordic power markets.

You will define KPI performance, lead root-cause analysis, and develop ensemble methods that combine internal models and vendor forecasts to maximise accuracy and value. Collaboration with Intraday/Quant, Operations and IT is essential.

Qualifications

• Master's degree in a highly quantitative field.
• Experience in forecasting, analytics or data science in energy markets.
• Strong knowledge of statistical/ML forecasting methods.
• Programming in Python and SQL; Git and Azure DevOps helpful.

Responsibilities

• Own end-to-end forecast quality for wind, solar, consumption, and price forecasts.
• Define forecast KPIs, monitor performance and root-cause analysis.
• Develop ensemble methods combining internal models and external forecasts.
• Build ML forecasting models with cross-team collaboration and live-system monitoring.
• Manage forecast vendors and perform build-vs-buy decisions.
• Participate in rolling day-ahead trading schedule, including weekends/holidays.

Education

Master's degree (quantitative field)

Tools

Git

Azure DevOps

Vitec Aiolos

Job description

Axpo Group is seeking a quantitative forecaster to own the end-to-end quality of wind, solar, consumption and price forecasts used by the Physical Trading Desk in the Nordic power markets.

You will define KPI performance, lead root-cause analysis, and develop ensemble methods that combine internal models and vendor forecasts to maximise accuracy and value. Collaboration with Intraday/Quant, Operations and IT is essential.