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- Tasks: Join us to build data pipelines and forecast energy demand using innovative techniques.
- Company: Octopus Energy Trading, a leader in reshaping the future of energy.
- Benefits: Flexible salary, inclusive culture, and perks that matter to you.
- Why this job: Make a real impact on the transition to a Net Zero world with cutting-edge technology.
- Qualifications: Experience in Python and machine learning; passion for sustainability is a must.
- Other info: Dynamic team environment with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
At Octopus Energy Trading, we’re on a mission to reshape the future of energy. As part of Octopus Energy Group, we’re creating an innovative approach to trading that will accelerate the transition to a Net Zero world. With the growth of renewables and a push toward decarbonising heating and transport, greater flexibility in the grid is essential. We are building cutting‑edge technology to optimise everything from domestic EV charging to grid‑scale batteries, to meet the global demand for energy flexibility.
We’re looking for passionate and unconventional thinkers to join us on this journey, bringing a diversity of experience and ideas to shape a more efficient, flexible, and sustainable energy system. With an increase in variable and distributed supply, using data for trading and forecasting has never been more important. Octopus has always had a tech‑first approach, and our trading and analytics tools are all built in‑house.
We are looking for a data scientist who’s comfortable building data pipelines bringing together internal and external data to create market‑leading insights using both classical and ML techniques. This will include looking at demand, renewables and transmission system fundamentals forecasts focussed to begin with on the GB intraday power market.
What You’ll Do...- Exploring the types of data needed to effectively trade the GB intraday power market
- Building, improving and maintaining models to forecast electricity demand and renewable generation, primarily in GB but developing into all of Western Europe
- Finding high quality, novel data sources to base our forecasts off of
- Development on forecasting framework and tools
- Maintaining and automating forecasting processes, whilst building in checks and alerting
- Utilising these forecasting models to build or enhance our price forecasts
- Collaborating with Trading, Renewables, Flexibility and other teams to utilise our combined knowledge and data
- Experience with Python is essential
- A good understanding of what forecasting techniques to use and the ability to build a simple baseline and quickly iterate
- Ability to communicate your approach, including its strengths and limitations
- Able to quickly understand commercial and industry concepts
- Team player excited at the idea of ownership across lots of different projects and tools
- Passion for driving towards Net Zero
- Experience with Machine Learning is essential
- Experience in the electricity industry in GB would be useful but not required
If this sounds like you then we’d love to hear from you.
Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.
Data Scientist employer: Octopus Energy Group
Contact Detail:
Octopus Energy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those at Octopus Energy. Use LinkedIn to connect and engage with them. A friendly chat can sometimes lead to opportunities that aren’t even advertised!
✨Tip Number 2
Show off your skills! Prepare a portfolio or a GitHub repository showcasing your data science projects, especially those related to forecasting or machine learning. This gives you a chance to demonstrate your expertise beyond just a CV.
✨Tip Number 3
Be ready for the interview! Research Octopus Energy’s mission and values, and think about how your experience aligns with their goals. Prepare to discuss how you can contribute to their innovative approach to trading and sustainability.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Octopus team. Don’t hesitate – we want to hear from you!
We think you need these skills to ace Data Scientist
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for the energy sector and the mission of Octopus Energy shine through. We want to see that you’re not just looking for a job, but that you genuinely care about driving towards Net Zero and making a difference.
Tailor Your Experience: Make sure to highlight your relevant experience with Python and any forecasting techniques you've used. We love seeing how your unique background can contribute to our innovative approach, so don’t hold back on sharing those details!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure to communicate your skills and experiences effectively. Remember, we’re looking for team players who can articulate their ideas well!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our culture and values!
How to prepare for a job interview at Octopus Energy Group
✨Know Your Data Inside Out
Before the interview, dive deep into the types of data relevant to the GB intraday power market. Familiarise yourself with both classical and machine learning forecasting techniques. Being able to discuss specific data sources and how they can enhance trading insights will show your passion and expertise.
✨Showcase Your Python Skills
Since experience with Python is essential, prepare to demonstrate your coding skills. Bring examples of past projects where you've built data pipelines or forecasting models. Be ready to explain your approach, including any challenges you faced and how you overcame them.
✨Communicate Clearly
Effective communication is key, especially when discussing complex concepts. Practice explaining your methodologies and their strengths and limitations in simple terms. This will help you connect with the interviewers and showcase your ability to collaborate across teams.
✨Embrace the Culture
Octopus Energy values unconventional thinkers and a tech-first approach. Research their culture and be prepared to share how your values align with theirs. Highlight your enthusiasm for driving towards Net Zero and how you can contribute to their mission of reshaping the future of energy.
