Power Forecasting Analyst (Electricity)

Recruiter
Utility People
Location
London
Salary
27000.0000
Posted
11 May 2017
Closes
10 Jun 2017
Sector
Engineering
Contract Type
Permanent
Hours
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