Research Associate Power and Renewables European Power Markets
Research Associate Power and Renewables European Power Markets
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Wood Mackenzie is the global data and analytics business for the renewables energy and natural resources industries. Enhanced by technology. Enriched by human intelligence. In an everchanging world companies and governments need reliable and actionable insight to lead the transition to a sustainable future. Thats why we cover the entire supply chain with unparalleled breadth and depth backed by over 50 years experience. Our team of over 2400 experts operating across 30 global locations are enabling customers decisions through realtime analytics consultancy events and thought leadership. Together we deliver the insight they need to separate risk from opportunity and make confident decisions when it matters most.
Wood Mackenzie Values
- Inclusive we succeed together
- Trusting we choose to trust each other
- Customer committed we put customers at the heart of our decisions
- Future Focused we accelerate change
- Curious we turn knowledge into action
About Wood Mackenzie:
Wood Mackenzie is the global data and analytics business for the renewables energy and natural resources industries. Enhanced by technology and enriched by human intelligence we empower companies and governments to navigate the energy transition with confidence. With over 50 years of expertise and a team of more than 2400 professionals across 30 global locations we deliver actionable insights through realtime analytics consultancy events and thought leadership. Together we provide the clarity to separate risk from opportunity and make smarter decisions when it matters most.
The Role:
We are seeking a fulltime Research Associate to join Wood Mackenzies Power and Renewables Research team focusing on the shortterm analysis of European power markets including dayahead intraday and balancing markets.
As a Research Associate you will play a critical role in developing and maintaining power market forecasting models across various European geographies. Your work will focus on modeling market and leverage advanced mathematical optimization techniques machine learning (ML) algorithms and data analytics to provide accurate price forecasts and actionable insights for our clients.
Key Responsibilities:
- Develop enhance and maintain price forecasting models for European power markets focusing on shortterm markets (dayahead balancing and intraday).
- Apply mathematical optimization methods and machine learning algorithms to analyze complex market dynamics and improve forecast accuracy.
- Integrate and analyze large datasets including power market fundamentals (e.g. demand patterns weather models and renewable generation outputs).
- Design and maintain robust data pipelines to ensure accurate and timely model outputs.
- Use data visualization tools such as Power BI to present insights clearly and effectively to both technical and nontechnical audiences.
- Collaborate with internal experts across power markets data science and policy to enrich our research and deliver comprehensive clientfacing insights.
- Monitor and interpret European energy policies regulatory frameworks and their implications on market behavior.
- Support the development of new methodologies and product innovations to enhance our analytical capabilities and deliver deeper insights.
- Engage with clients to understand their needs present research findings and provide tailored analytical solutions.
About You:
We are looking for a detailoriented innovative and collaborative individual with a strong background in mathematical optimization machine learning and power markets. You thrive in analyzing complex datasets and transforming them into meaningful insights.
Essential Skills and Qualifications:
- A degree in mathematics engineering computer science economics or a related quantitative discipline.
- Experience in power markets and familiarity with their operational and regulatory frameworks.
- Strong technical expertise in mathematical optimization methods machine learning algorithms and statistical modeling.
- Proficiency in programming languages such as Python R or SQL for data manipulation and model development.
- Experience with data visualization tools like Power BI and the ability to communicate insights effectively.
- Strong analytical mindset with the ability to distill complex concepts into clear actionable information.
- A collaborative approach with the ability to work across diverse teams and deliver highquality work under tight deadlines.
- Excellent verbal and written communication skills in English.
#LIDB1
Equal Opportunities
We are an equal opportunities employer. This means we are committed to recruiting the best people regardless of their race colour religion age sex national origin disability or protected veteran status. You can find out more about your rights under the law at www.eeoc
If you are applying for a role and have a physical or mental disability we will support you with your application or through the hiring process.
Required Experience:
IC
Employment Type
Full-Time
