Senior Commercial Analyst - Renewables Forecasting

About the role

Statkraft is looking for a Senior Commercial Analyst to join its Renewables Forecasting Team (MEXF) in Madrid. The team owns the end-to-end renewables production forecasting process for wind and solar portfolios across European markets, including input/output data management, forecast vendor management and meta-forecast creation. As a Senior Commercial Analyst you will analyse and improve forecasts and support the commercial side of the forecasting function.

Key responsibilities

• Analyse, monitor and benchmark the performance of renewables forecasts from external providers and create combined forecasts
• Identify, evaluate and implement statistical forecast improvements
• Lead the use of AI/ML tools to develop new models
• Create and improve renewables forecasts for the Spanish portfolio based on numerical weather models
• Develop statistical arbitrage strategies based on renewable forecast data
• Support the operational forecasting duty by identifying and resolving operationally critical incidents
• Support ad-hoc commercial analyses for internal and external stakeholders and regularly update them on developments and performance evaluations

Required profile

• University degree in mathematics, physics, meteorology, engineering or business with a strong quantitative focus
• Several years of experience in renewable power forecasting for short-term power markets
• Strong analytical and investigative skills
• Strong commercial mindset, proactive and independent way of working
• Excellent communication skills in English

Required skills

• Significant modelling and programming experience, preferably in Python
• Experience with numerical weather models is an advantage
• Ability to solve analytical problems within limited timeframes

What we offer

• Learning opportunities such as LinkedIn Learning and a leadership programme
• A global network of experts and colleagues
• Flexible working solutions, parental leave and work-life balance principles
• Childcare subsidy
• Activity groups such as soccer, yoga, sailing, climbing and cabin rentals