Power Market Analyst

4 weeks ago

Oslo, Oslo County, Norway norskhydro Full time

With a rich history exceeding a century in renewable energy, Hydro Energy stands as a top hydropower producer in Norway and a significant player in the Nordic and Brazilian power markets.

We're actively diversifying into emerging energy sectors, including hydrogen and batteries, and supporting Hydro's broader objectives in energy contracts and policy. In response to our expanding energy focus, we've launched new units (Batteries, Hydro Rein, and Hydro Havrand) and are enhancing our Energy Strategy & Policy unit.

This team offers in-depth analysis across Nordic, European, Brazilian, and global markets, shaping Hydro's energy strategies and policy advocacy.

We're now looking for a Power Market Analyst to contribute to our strategic insights and drive our energy agenda forward.

What we offer

  • Dynamic Work Environment: Engage in a stimulating setting where your contributions impact both the company and the broader energy market.
  • Professional Growth: Benefit from opportunities to expand your skills and knowledge, keeping you at the forefront of the energy sector.
  • Collaborative Culture: Thrive in a team-oriented atmosphere, working with experts to innovate and shape the future of energy.
  • Strategic Impact: Play a key role in driving Hydro's strategic agenda, influencing long-term analysis and policy formulation in the energy landscape.
  • Industry landscape: A unique company for power market analysts, as Hydro is both a large power producer and a large industry power consumer.

Responsibilities

As a Power Market Analyst, your primary responsibilities will include operating the power market model (BID3), gathering and evaluating high-quality model inputs, and analyzing outputs. Key tasks will involve:

  • Daily operation of power market models for Europe and Brazil
  • Structuring relevant input data for the power market models
  • Responsibility for specific parts of the complex power market landscape
  • Collaborating closely with internal strategic analysts and external power market experts


Qualifications

To thrive and succeed in the role as Power market analyst, we believe the right candidate holds the following qualifications:

  • Master's degree within mathematics, economics, engineering (other subjects may be relevant)
  • Strong quantitative mindset
    •1-5 years' experience from quantitative analysis (of power markets) is an advantage
  • Advanced Excel skills and programming skills is an advantage
  • Good command of English and Norwegian is an advantage

Who are you?

  • Analytically Skilled: Your ability to analyze complex data accurately is crucial for making informed decisions and understanding market dynamics.
  • Innovative: Creativity in problem-solving is key to improving analysis methodologies and staying ahead in a rapidly evolving energy sector.
  • Team Player: Effective collaboration enhances idea exchange and contributes to comprehensive market insights, benefiting the team's overall performance.
  • Eager Learner: Staying updated and continuously learning is essential for adapting to new trends and maintaining a competitive edge in the energy market.


Additional Information

The position is based in Oslo.

Please enclose a cover letter and copies of relevant academic transcripts, diplomas, certificates etc. Only applications received through our online system will be considered, not via e-mail.

Apply before:

If you have any questions, please contact:

Hiring manager

Lasse Torgersen

Email:

Phone: (Norway

Recruiter

Birgitta Sanden

Phone:(Norway

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