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For Companies At a Glance
- Tasks: Join us to build data pipelines and create market-leading insights for the energy sector.
- Company: Octopus Energy Trading, a tech-first company reshaping the future of energy.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make a real impact in the transition to a Net Zero world with innovative technology.
- Qualifications: Experience with Python and machine learning; passion for sustainability is a must.
- Other info: Collaborative environment with diverse projects and excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
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 focused to begin with on the GB intraday power market.
Responsibilities
- 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
Qualifications
- 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
About Octopus Energy Trading
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.
Data Scientist in City of Westminster employer: Octopus Energy Ltd
Contact Detail:
Octopus Energy Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend meetups, and connect with fellow data enthusiasts. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your data projects, especially those involving forecasting and machine learning. This will give potential employers a taste of what you can do and set you apart from the crowd.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge and problem-solving skills. Be ready to discuss your approach to building models and how you tackle challenges in data science. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are genuinely interested in joining our mission to reshape the future of energy.
We think you need these skills to ace Data Scientist in City of Westminster
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for data science and the energy sector shine through. We want to see that you're not just ticking boxes but genuinely excited about the role and our mission towards a Net Zero world.
Tailor Your Experience: Make sure to highlight your relevant experience with Python and forecasting techniques. We’re looking for someone who can quickly iterate on models, so share specific examples of how you've done this in the past.
Be Clear and Concise: Communicate your approach clearly, including its strengths and limitations. We appreciate straightforwardness, so avoid jargon and keep it simple. This will help us understand your thought process better.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Octopus Energy Trading.
How to prepare for a job interview at Octopus Energy Ltd
✨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 how different data sources can impact trading and forecasting. Being able to discuss specific examples of data pipelines you've built or worked with will show your hands-on experience.
✨Showcase Your Python Skills
Since experience with Python is essential, be prepared to discuss your projects involving Python in detail. Bring examples of how you've used Python for building models or automating processes. If you can, demonstrate your ability to iterate on forecasting techniques quickly.
✨Communicate Clearly
Being able to articulate your approach to forecasting, including its strengths and limitations, is crucial. Practice explaining complex concepts in simple terms, as this will help you connect with the interviewers and showcase your communication skills.
✨Emphasise Team Collaboration
Octopus Energy Trading values teamwork, so highlight your experiences working collaboratively across different teams. Share examples of how you've combined knowledge from various areas to enhance forecasting models or tools, showing that you're a team player who thrives in a collaborative environment.
