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About the Role
Octopus Energy Trading is seeking a Data Scientist to help reshape the future of energy. This role focuses on building data pipelines, creating market-leading insights using classical and ML techniques, and developing forecasting models for energy markets. The company is committed to supporting women in data science and trading roles within the energy industry.
Responsibilities
- Exploring data types for effective trading in the GB intraday power market.
- Building, improving, and maintaining models for electricity demand and renewable generation forecasts.
- Identifying high-quality, novel data sources for forecasts.
- Developing the forecasting framework and tools.
- Maintaining and automating forecasting processes with checks and alerting.
- Utilizing forecasting models to build or enhance price forecasts.
- Collaborating with Trading, Renewables, Flexibility, and other teams.
- Developing software and front-end systems within the team.
Requirements
- Proficiency in Python.
- Good understanding of forecasting techniques and ability to build simple baselines and iterate.
- Ability to communicate approach, including strengths and limitations.
- Able to quickly understand commercial and industry concepts.
- Team player excited about impact across varied projects.
- Passion for driving towards Net Zero.
- Keen to see models deployed and impacting real-world operations.
- Hands-on experience applying Machine Learning techniques.
- Experience in the electricity industry in GB is useful but not required.
- Previous Data Science experience is needed.
- Willingness to apply for roles even if not meeting 100% of requirements.
Skills
- Data Science
- Forecasting
- Machine Learning
- Python
- Data Pipelines
- Software Development
- Front-end Development
Location
- GB
Work Type
- Full-time
Experience Level
- Entry-level to Mid-level
Benefits
- Discounted hormone, fertility, and menopause support through Hertility.
- Access to UK perks hub.
- Training and support provided.
About the Company
- Octopus Energy is on a mission to make energy fair, clean, and simple using technology.
- Octopus Energy Trading is reshaping the future of energy and accelerating the transition to a Net Zero world.
- The company utilizes a tech-first approach, building trading and analytics tools in-house.
- Octopus Energy Group has a unique culture focused on learning, autonomy, and innovation.
- Recognized as a best company to work for in 2022.
- Voted one of the 50 best places to work in 2022 on Glassdoor.
- Ranked in the top 10 companies for senior leadership.
Equal Opportunity
- Committed to creating an environment where everyone feels welcome, supported, and able to do their best work.
- Encourages applications from women to join technical and trading roles.
- As an equal opportunity employer, Octopus does not discriminate on the basis of any protected attribute.
- Commitment to providing equal opportunities, an inclusive work environment, and fairness for everyone.
- Encourages applications from individuals who may not meet 100% of job requirements.
- Seeking genuinely decent, honest, and empathetic individuals.
- Utilizes AI tools to assist with hiring processes, with final decisions made by human recruiters.
- Provides information on data usage upon request.