Power Forecasting Analyst (Electricity)

Utility People
11 May 2017
10 Jun 2017
Contract Type
Full Time

An exciting opportunity has arisen for a Power Forecasting Analyst with Power / electricity experience to be responsible for managing the risk of a Power Portfolio for a major energy supplier. Using portfolio analysis, risk pricing and demand forecasting technicques you will provide reports to aid decisions on energy purchasing. You will be a senior member of the team, of degree calibre in a numerical or analytical discipline, with strong technical ability in Data Modelling, Advanced Excel, VBA and used to using forecasting tools. if this sounds like you, Apply today!!

Responsibilities will include:

  • Develop short term demand forecasting methodologies for the European electricity portfolio.
  • Ensure models and processes facilitate a timely delivery of data to the Procurement team.
  • Monitor and report on forecast error and performance and continue to improve the accuracy of demand forecasts
  • First point of contact with IT, suggesting improvements to enhance systems and reporting.
  • Conduct (UAT) and manage the implementation of new data management systems
  • Analyse system prices which may lead to high imbalance costs
  • Explain periods of volatile consumption and forecast errors
  • Analyse prompt balancing and outturn Profit and Loss performance
  • Build internal and external relationships to ensure the customer receives high levels of service

Skills and Experience Required:

  • Commercial experience within the electricity industry
  • Ideally some leadership/supervisory experience perhaps as a Senior Analyst within a team
  • Degree in a numerate/analytical discipline e.g. Economics, Statistics, Computer Science
  • Strong analytical skills
  • Experience in data modelling and modelling tools
  • Solid communication skills; ability to communicate technicalities to non-technical audiences
  • Good knowledge of advanced Excel, VBA and Access
  • Knowledge of SQL