Power Analyst

Shell Energy Europe & Environmental Products is seeking a Power Analyst to work within the Market Analysis team to develop and improve our forecasting models. Accurate forecasting of market fundamentals is critical to improved decision making on the trading desk. The analysis team develop and run a wide range of forecasts, using different methods such as machine learning, optimization. 

Where you fit in

The Power Analyst will support the Power Fundamentals team in building and productionising time series forecasting and optimization models (stochastic optimization, dynamic programming, LP/MILP models, etc). This person will have an enthusiasm to learn the inner working of the power market by working in close collaboration with domain experts. They must be able to understand the fundamentals of the power market and translate this into a mathematical model. This requires taking a pragmatic approach to model development, starting with a simple model, and iteratively adding complexity – driven by adding business value in a high-pace environment.

This person must be a strong programmer, who is confident in productionising models in the cloud (Azure/AWS) and is comfortable in designing and implementing data ingestion and model deployment pipelines.

What’s the role?

You will be responsible for the following:

• Prepare, process, clean and visualize various kind of power, gas, and weather data sets to establish a basis of further analysis
• Develop, analyse, and conduct different approaches to forecasts different variables (Demand, wind, solar, prices)
• Statistical evaluation and validation of different types of forecasts
• Build the framework to deploy models in production that will be use every day for trading decisions
• Share this framework with the rest of the team to increase the performance of the rest of the team developments
• Participate to the conception and development of a computational environment which enable scalability and high computational power
• Develop in house optimisation models (stack models, dispatch models)
• Bring new ideas of models to improve the desk P&L
• Delegate and lead some models and infrastructures projects done by teams of high technical people in IT and modelling.

What we need from you

We are keen to hear from candidates with the following technical skills and experience:

• Have a graduate qualification in an analytical or science-based discipline e.g., engineering/maths/computer science and ideally a PhD in machine learning, optimisation or equivalent
• High knowledge for solving unstructured and non-standard mathematical problems
• End-to-end experience with data, including querying, aggregation, analysis, and visualization
• Strong competencies in Python for data analysis using the python data science libraries (Pandas/NumPy/SciPy/Scikit-learn).
• Strong SQL skills for data retrieval, basic analysis, and data cleansing.
• Strong knowledge and application of object-oriented design and software best practices in Python
• Familiarity of cloud architecture, with a focus in deploying and hosting applications in a cloud environment.
• Self-starter who is commercially aware and value focused. Able to work with minimal supervision and guidance.
• Good communication skills to present new developments and facilitate acceptation by the team and the traders.

Ideally, you would be proficient in a good selection of the following:

• Algorithmic complexity theory
• Parallelism & Concurrency
• Experience with messaging and or data streaming technologies such as Kafka, ActiveMQ, Azure Service Bus, and Azure Event Hubs.
• Have experience implanting algorithms and data-structures
• Have a good knowledge of linear algebra, calculus, and discrete mathematics

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they do not feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Flexible working

We are keen to support flexible working arrangements, subject to local regulations and legislative frameworks. If this is of interest to you, please describe in your application the type of flexible working arrangements for which you would like to be considered (e.g., part-time, job share).

About Shell UK

Shell is an international energy company that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally, and socially responsible. It is one of the world’s largest independent energy companies, operating in more than 70 countries.

Shell has a global target to become a net zero emissions energy business by 2050. This means that Shell aims to be net zero on all emissions generated by its operations and the energy needed to power them. The company is working with customers, business, and governments to address emissions across different sectors.

In March 2022, Shell UK announced an ambition to invest between £20 to £25 billion in the UK energy system over the next decade, more than 75% of which is intended for low and zero-carbon products and services including offshore wind, hydrogen, and electric mobility. These investments, which are subject to board approval, aim to propel the UK closer to net zero whilst intending to stimulate economic growth and jobs.

Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are one of the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.