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- Tasks: Join us to build data pipelines and forecast energy demand using innovative techniques.
- Company: Octopus Energy Trading, reshaping the future of energy with a tech-first approach.
- Benefits: Flexible salary, unique culture, autonomy, and rewarding perks.
- 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: Collaborative environment with opportunities to work on diverse projects.
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
What You’ll Need...
- 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
Why else you’ll love it here
- Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it’s something we always cover as we genuinely want to match your experience with the correct salary.
- Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground.
- We want your hard work to be rewarded with perks you actually care about!
If this sounds like you then we’d love to hear from you.
Data Scientist in London employer: Octopus Energy
Contact Detail:
Octopus Energy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Scientist in London
✨Tip Number 1
Get to know the company inside out! Research Octopus Energy Trading and understand their mission, values, and recent projects. 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 the interview by practising common data science questions and scenarios. Think about how you can demonstrate your experience with Python and machine learning, and be ready to discuss your approach to forecasting and data pipelines.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Octopus Energy Trading.
We think you need these skills to ace Data Scientist in London
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 reshaping the future of energy.
Tailor Your Experience: Make sure to highlight your experience with Python and any forecasting techniques you've used. We love seeing how your skills align with what we need, so don’t be shy about showcasing your data science projects and how they relate to the role.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure to communicate your approach to data science, including its strengths and limitations. This will help us understand your thought process better!
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 shows us that you’re keen on joining our team at Octopus Energy!
How to prepare for a job interview at Octopus Energy
✨Know Your Data Inside Out
As a data scientist, you’ll need to demonstrate your understanding of data pipelines and forecasting techniques. Brush up on the types of data relevant to the GB intraday power market and be ready to discuss how you would source and utilise this data effectively.
✨Showcase Your Python Skills
Since experience with Python is essential, make sure you can talk about your past projects where you've used it. Be prepared to explain your coding approach and any challenges you faced, as well as how you overcame them. A practical demonstration could really impress!
✨Communicate Clearly
You’ll need to convey complex ideas simply. Practice explaining your forecasting models and their strengths and limitations in layman's terms. This will show that you can collaborate effectively with non-technical teams, which is crucial for the role.
✨Embrace the Mission
Octopus Energy is all about driving towards Net Zero. Make sure you express your passion for sustainability and how your work as a data scientist can contribute to this mission. Share any relevant experiences or projects that align with their goals to show you’re a great fit!
