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- Tasks: Build data pipelines and create market-leading insights for the energy sector.
- Company: Join Octopus Energy Trading, a leader in innovative energy solutions.
- Benefits: Competitive salary, unique culture, autonomy, and employee perks.
- Why this job: Make a real impact on the transition to a Net Zero world.
- Qualifications: Experience with Python and machine learning; team player with a passion for sustainability.
- Other info: Flexible interview process and excellent career growth opportunities.
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.
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
Benefits
- Salary discussions available on request with recruiters to align with experience and the right role
- Unique culture with autonomy and ownership across projects
- Perks and recognition, including industry rankings in UK workplace lists
- Access to Octopus Employee Benefits
If this sounds like you then we’d love to hear from you.
P.S. Our process usually takes up to 4 weeks, but we’ll always try to flex around what works for you. You’ll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at talent@octoenergy.com.
Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. If you require specific accommodations or have a preference, let us know, and we’ll do what we can to customise your interview process for comfort.
We may use artificial intelligence (AI) tools to support parts of the hiring process. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
Data Scientist employer: Octopus Energy
Contact Detail:
Octopus Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist
✨Tip Number 1
Get to know the company inside out! Research Octopus Energy Trading and understand their mission, values, and the tech they use. This will help you tailor your conversations and show that you're genuinely interested in being part of their journey.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Engaging with people who work there can give you insider tips and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for those interviews! Brush up on your Python skills and be ready to discuss forecasting techniques. Think about how you can demonstrate your problem-solving abilities and your passion for driving towards Net Zero during the chat.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Octopus Energy Trading.
We think you need these skills to ace Data Scientist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Data Scientist role. Highlight your experience with Python, forecasting techniques, and any relevant projects. We want to see how your skills align with our mission at Octopus Energy Trading!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for data science and the energy sector. Let us know why you're excited about the opportunity to contribute to a Net Zero world and how you can bring unique insights to our team.
Showcase Your Projects: If you've worked on any relevant projects, whether in school or professionally, make sure to include them. We love seeing practical applications of your skills, especially those involving machine learning and data pipelines!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen to join our innovative team!
How to prepare for a job interview at Octopus Energy
✨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 expertise.
✨Showcase Your Python Skills
Since experience with Python is essential, be prepared to discuss your past projects where you've used it. Bring examples of how you've implemented forecasting techniques or machine learning models. If possible, have a small code snippet ready to demonstrate your coding style and problem-solving approach.
✨Communicate Clearly
Octopus Energy values clear communication, especially when discussing complex concepts. Practice explaining your forecasting methods and their strengths and limitations in simple terms. This will help you connect with the interviewers and demonstrate your ability to collaborate across teams.
✨Embrace the Mission
Show your passion for driving towards Net Zero and how your skills align with Octopus Energy's mission. Be ready to discuss why you want to work in the energy sector and how you can contribute to creating a more efficient and sustainable energy system. Your enthusiasm can set you apart!
