Octopus Energy

Energy Markets & Risk Analyst

Madrid, Community of Madrid, Spain

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Energy & UtilitiesIndustries

Requirements

Candidates must possess a minimum of two years of experience in energy trading, risk analysis, forecasting, or a related field, along with proficiency in Python, including libraries like Pandas, NumPy, and Jupyter, and advanced skills in SQL for data modeling and analysis, and specific knowledge of the Iberian energy market, particularly OMIE and MIBGAS.

Responsibilities

The Energy Markets & Risk Analyst will manage and optimize daily trading operations in OMIE and MIBGAS, monitor hedge positions and market exposure proposing risk mitigation actions, support the execution of wholesale trades collaborating with relevant teams, work with Strategy, Finance, and Data Science teams to align procurement and pricing decisions, build and improve dashboards, risk reports, and forecasting models, analyze forecast accuracy and model performance to contribute to continuous improvement, prepare and submit regulatory reports, and stay informed on regulatory changes and market dynamics.

Skills

Energy Market Knowledge
OMIE
MIBGAS
Python
Pandas
NumPy
Jupyter
SQL
Risk Analysis
Forecasting
Data Modeling
Dashboard Development
Regulatory Reporting

Octopus Energy

Provides affordable green energy solutions

About Octopus Energy

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

Key Metrics

London, United KingdomHeadquarters
2016Year Founded
$2,476.6MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Automotive & Transportation, EnergyIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
Parental Leave
Flexible Work Hours
Company Equity
OE Group Share Scheme

Risks

Increased competition in renewable energy may impact market share.
Rapid international expansion exposes Octopus to geopolitical risks.
£3 billion repayment to UK government could strain financial resources.

Differentiation

Octopus Energy's Kraken platform optimizes energy usage for zero-bill homes.
The company leads in electric aircraft charging with AeroVolt collaboration.
Octopus Energy's global reach includes partnerships in Brazil and Japan.

Upsides

'Zero Bills' initiative could revolutionize sustainable living in the UK.
Partnership with Energisa opens South American renewable energy market.
Investment in Ocergy enhances offshore wind capabilities globally.

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