Senior Commercial Analyst – Renewables Forecasting (m/f/d)

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Senior Commercial Analyst – Renewables Forecasting (m/f/d)

Full-time

Business Units: ME - Energy Management

Company Description

Why Statkraft?

Statkraft has been making clean energy possible for over a century. Thats what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we dont see renewable energy as part of the solution – we believe it must be the solution. With us, youll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

Your department:

The Cross Functional Optimisation (MEX) unit drives optimisation of Energy Management processes across business units and geographies, supporting Statkrafts commercial strategy. MEX creates value by improving core processes and ensuring Energy Management evolves in line with market and digital developments. MEX delivers business Services such as commercial analysis, citizen development, and co-development, supporting optimisation and automated flexibility trading, intermittent production forecasting, and market access for 3rd party customers. MEX also holds business capability ownership for digital solutions in Energy Management, leading daily collaboration between M and IT and ensuring digitalisation efforts align with strategic objectives and value creation.

The Renewables Forecasting Team (MEXF) owns the renewables production forecasting process end-to-end for Wind and Solar portfolios in all European markets. This includes input/output data management, forecast vendor management and creation of meta-forecasts. The team owns the quality and budget so that the highest commercial benefit is realised.

Job Description

The Senior Commercial Analyst - Renewables Forecasting will have responsibilities including but not limited to the following:

Analyse, monitor and benchmark the performance of renewables forecasts from external providers and create combined forecasts

Identify, evaluate and implement statistical forecast improvements

Lead the effort for using AI/ML tools for developing new models

Create and improve renewables forecasts for our portfolios across Europe based on numerical weather models

Follow academic publications and market trends and work on their implementation in the context of renewables forecasting

Develop statistical arbitrage strategies based on renewable forecast data

Support the operational forecasting duty by identifying and solving operationally critical incidents

Support in preparing ad-hoc commercial analyses for internal and external stakeholders

Regularly update stakeholders on recent developments and performance evaluations

Qualifications

Your profile:

Excellent university degree in mathematics, physics, meteorology, engineering or business with strong quantitative focus

Several years of experience in renewables power forecasting for short-term power markets

Experience with numerical weather models is an advantage

Strong analytical and investigative skills

Significant modelling and programming experience preferably in Python

Ability to solve analytical problems in limited time when necessary

Strong commercial mind set

Proactive and independent way of working

Excellent communication in English is a must