Head/Senior Analyst- Power Market Modelling

7 months ago

Oslo, Norway Statkraft Full time

Company Description

As part of the Norwegian state owned Statkraft Group, Statkraft Markets Pvt. Ltd. has been in India since 2012. Statkraft is one of the largest traders in the European energy market and an important actor internationally. We trade energy and commodities in more than 20 countries and are active on 13 energy exchanges. Statkraft Markets holds a Category-1 inter-state trading license that allows it to trade unlimited volumes both bilaterally and through power exchange and thereby serve clients efficiently.

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That’s what we offer. 128 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 don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

Statkraft Markets is responsible for commercial activities and operations for Statkraft’s assets in India. Its goal is to optimize assets revenues; grow, operate, and manage profitable portfolios of structured power transactions, and develop business ideas which can be asset backed or risk capital backed. It comprises of specialists in the fields of Deal Origination, Portfolio Management, Market Analysis, Deal Operations, Risk Management, Commercial Project Management. The team works in a cross functional environment with strong links with the local business verticals, including asset development, and with other commercial teams in the global Statkraft organization.

But there’s more work to be done – that’s why we need you to join us.

Job Description

There are two distinct roles in this team. One is the team lead as Head and the other role is in the same team, reporting to the Head. As Head, you will report directly to the VP – Statkraft Markets in India and will be responsible for a team of 2-3 motivated members.

With your team, you will be responsible for the power market models for India- development, operations, maintenance, improvements etc. This includes, but not limited to, short to medium term fundamental models and statistical models for forecasting electricity prices and analytical solutions needed for decision making on various power/electricity instruments and markets, including modeling of the existing/new/anticipated market designs and policy directions. You will also work closely on the long-term price forecasting exercise for India – a very comprehensive as well as intensive annual exercise. The team is strongly linked to the modeling units in the Global offices, especially with Corporate Strategic Analysis in Oslo.

Your role will also be responsible for maintaining close coordination with Market Front office, Asset business development teams, Portfolio Management and Risk Management to ensure the development of business ideas, products, and services to achieve sound commercial decisions.

Key accountabilities and expectations of your role includes:

As a Head, this role is heavily reliant (75%-85%) on hands-on modeling skills and approach. Active support to management, especially with deliveries of fundamental price forecasting and energy analytics needs for India based on the use of unique tools and models. Tracking and analyzing relevant Regulatory frameworks and incorporating in the analysis space. You are expected to have a deep understanding of the full energy market value chain to provide support on business ideas and bespoke solutions to problem statements. Ownership of the modelling process, improvements, and to provide good quality reports, documents, and presentations to the stake holders and Management. Eagerness to learn and develop your own experience of best practices from colleagues from the global operations of Statkraft. Strong leadership skills, motivation, and ability to teach and develop subordinates to enable them to take independent responsibilities of the team’s deliveries.

Qualifications

8 years (Senior Analyst) to 15 years (Head) of relevant experience and analytical background. Academic background with University degree, preferably at master level, in mathematics, economics, finance or engineering (or any other quantitative study - engineering/pure-sciences/econometrics etc). Demonstrated and strong quantitative modelling skills - extensive application in power/energy markets or energy analytics. Sound understanding of the fundamental market drivers in full power and energy space. Good Communication (both, written & verbal) and presentation skills. Knowledge of India power markets and regulatory space; SDDP/PLEXOS/PROMOD or other models/tools will be a strong plus. 

Additional Information

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future.

This includes:

Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leaderships program. The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds. The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet. A work culture that puts emphasis on the individual, offering flexible working.

Expected start date : As soon as possible

Location : New Delhi

Last date to submit applications : 15.01.2024

  • Energetic Leader in Power Market Modelling

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    Company OverviewAs a leading player in the energy market, Statkraft has been making clean energy possible for over a century. Our vision is to shape a career that is truly forward-facing with many amazing opportunities and offerings to match.We are looking for an experienced Energetic Leader in Power Market Modelling to join our team in New Delhi. As...

  • Head of Power Marketing

    7 months ago

    Oslo, Norway Statkraft Full time

    Company Description Location:  San Francisco, CA, Stamford, CT, New York, NY Statkraft  has been making clean energy possible for over a century. That’s 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...

  • Market Analyst and Trader

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    Company OverviewStatkraft has been making clean energy possible for over a century. As a seasoned market analyst and trader, you'll join our team shaping the future of renewable energy. Our mission is to make clean energy accessible worldwide.SalaryWe offer a competitive salary of £80,000 - £110,000 per annum, depending on experience and qualifications.Job...

  • Environmental Products Market Analyst

    6 months ago

    Oslo, Norway Statkraft Full time

    Company Description Title:  Environmental Products Market Analyst Location: San Francisco, CA,  Why Statkraft? Statkraft has been making clean energy possible for over a century. That’s 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...

  • Senior Risk Analyst

    6 months ago

    Oslo, Norway Statkraft Full time

    Company Description Would you like to share our passion for renewable energies and be part of the energy world of tomorrow? Statkraft is a company that, in addition to generating 100% renewable energy, has a strong commitment to diversity, inclusion and gender equality. In addition, it develops its operations in 15 countries, under solid safety and...

  • Quantitative Risk Modeller

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    About the RoleWe are seeking a highly skilled Quantitative Risk Modeller to join our team in Amsterdam, Düsseldorf, or Oslo.Your main responsibility will be to develop and maintain risk models for valuating non-standard contracts and portfolios in the energy market.Key ResponsibilitiesLead a team of quantitative risk analysts and oversee the development of...

  • Senior European Power Market Trader

    1 month ago

    Oslo, Oslo County, Norway Euronext Full time

    Nord Pool, a leading power exchange in Europe, is seeking a highly motivated and experienced Senior European Power Market Trader. The successful candidate will play a crucial role in managing the day-to-day operations of the European power market, driving growth and innovation in this fast-paced industry.About the Role:Lead the daily and weekend operational...

  • Head of Power Marketing Ecosystem Innovator

    2 months ago

    Oslo, Oslo County, Norway Statkraft Full time

    Job Overview:As a key member of the Statkraft team, you will play a crucial role in developing and maintaining the company's power marketing business.Main Responsibilities:Develop and implement strategies to enhance Statkraft's market share in the PJM market.Build and maintain relationships with key customers in the mid-market and downstream...

  • Quantitative Risk Analyst to LGD/EAD models team

    1 month ago

    Oslo, Norway Nordea Bank Full time

    Job ID: 26532  Do you want to play an important role in one of the largest model development programmes in Nordics? We are now looking for a Quantitative Risk Analyst to develop LGD/EAD models in Nordea. The job provides an exciting mix of challenges such as developing advanced statistical models, designing internal software libraries, working with...

  • Head of Origination France – Southern European Origination

    6 months ago

    Oslo, Norway Statkraft Full time

    Company Description Statkraft is Europe’s largest generator of renewable energy. As a major player in the energy wholesale market, we are developing green power solutions for renewable energy producers and companies from trade and industry. We support our customers on the way to a 100% renewable electricity supply. Join the team and take part in...

  • Strategist /Power Trader

    6 months ago

    Oslo, Norway Statkraft Full time

    Company Description Strategist /Power Trader Location: London or Düsseldorf Why Statkraft? Statkraft has been making clean energy possible for over a century. That's what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. Because in the fight against climate change, we don't see renewable energy as...

  • Head of Quantitative Analysis

    7 months ago

    Oslo, Norway Statkraft Full time

    Company Description Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. In Germany Statkraft has, since 1999, been an active trader of power, gas, renewable and emission certificates and a broad range of structured products. We are...

  • Senior Hydrologist

    7 months ago

    Oslo, Norway Statkraft Full time

    Company Description Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 5300 employees in 21 countries. As part...

  • Renewable Energy Modelling Expert

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    Company OverviewStatkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations.As part of the Norwegian state-owned Statkraft Group, Statkraft has...

  • Head of Security

    8 months ago

    Oslo, Norway Euronext Full time

    About Nord Pool:At Nord Pool we are building the next generation of systems to trade power across Europe. We want to delight our customers with fantastic user experiences, services, and a platform that exceeds their expectations.We deliver societally critical systems that play an essential role in facilitating fair and efficient power markets across Europe....

  • Power Marketing Executive Lead

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    About UsAt Statkraft, we are dedicated to making clean energy possible for over a century. Our mission is to shape a world that runs entirely on renewable energy, and we believe it must be the solution to combat climate change. With our 125 years of unrivalled expertise in supplying the world with what it needs most, we envision a future where every employee...

  • Renewable Energy Market Expert

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    About StatkraftWe are a leading company in the renewable energy sector, with 125 years of experience and a commitment to making a positive impact on the environment.Job SummaryWe are seeking an experienced Renewable Energy Market Expert to join our team. The ideal candidate will have a strong understanding of power system economics and fundamental models, as...

  • Renewable Energy Origination Leader

    1 month ago

    Oslo, Oslo County, Norway Statkraft Full time

    As a key member of Statkraft's global Origination unit, you will lead the French Origination team in Paris or Lyon, overseeing five FTEs and reporting directly to the VP Southern European Origination.About the RoleThis is an exciting opportunity to scale up the portfolio of non-standard power, multi-commodity, and guarantees of origin (GoO) contracts in the...

  • (Senior) Weather Strategist

    6 months ago

    Oslo, Norway Statkraft Full time

    Company Description Title: ( Senior) Weather Strategist Location: London or Düsseldorf Why Statkraft? Statkraft has been making clean energy possible for over a century. That's what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. Because in the fight against climate change, we don't see renewable...

  • Strategic Credit Analyst

    2 months ago

    Oslo, Oslo County, Norway Scope SE & Co. KGaA Full time

    Job SummaryWe are seeking a highly skilled Senior Analyst to join our Corporate Ratings team. As a key member of our team, you will be responsible for analyzing complex credit risk scenarios and providing insightful recommendations to our clients.Main ResponsibilitiesPerform in-depth credit analysis on a diverse portfolio of corporate credits, focusing on...