Energy Market Forecasting & Modeling Specialist

Edp Renovaveis Servicios Financieros SA; Lisboa; On-site; EUR 60,000 - 90,000; Full time

Job summary

EDP is hiring a Market Modeling Specialist in Lisbon, Portugal. You will develop and validate short-term electricity load and surplus forecasts, improve models, and support regulatory reporting with data from systems.

You should have 3-8 years in forecasting, strong Python, SQL, Power BI skills, and familiarity with cloud platforms and energy markets. Collaboration across teams is essential.

Qualifications

• 3–8 years of experience in a similar field or analyst function.
• Advanced knowledge of time series forecasting.
• Advanced knowledge of Python applied to time series forecasting.
• Proficiency in SQL and Power BI (DAX).
• Familiarity with cloud platforms (e.g., GCP, Azure).
• Familiarity with energy markets/sector.
• Strong attention to detail and process orientation.
• Analytical mindset with proven problem-solving capabilities.
• Excellent communication and storytelling skills for top management.

Responsibilities

• Generate and validate short-term (day-ahead/intraday) forecasts for electricity load and surplus generation across geographies.
• Monitor forecast deviations, analyze root causes, and propose cost-benefit improvement measures.
• Maintain and develop forecasting models to reduce forecast deviations, including recalibration and exogenous variables.
• Extract, process, and provide data from systems for business monitoring and regulatory reporting datasets.
• Contribute to continuous improvement of operational processes, including automation and standardization.
• Collaborate with other areas to develop shared processes, procedures, and methodologies.

Tools

Python

SQL

Power BI

Cloud platforms (GCP/Azure)

Time series forecasting

Energy markets

Analytical mindset

Communication skills

Job description

EDP is hiring a Market Modeling Specialist in Lisbon, Portugal. You will develop and validate short-term electricity load and surplus forecasts, improve models, and support regulatory reporting with data from systems.

You should have 3-8 years in forecasting, strong Python, SQL, Power BI skills, and familiarity with cloud platforms and energy markets. Collaboration across teams is essential.