Head/Senior Analyst- Power Market Modelling

There are two distinct roles in this team. One is the team lead as Head and the other role is in the same team, reporting to the Head. As Head, you will report directly to the VP – Statkraft Markets in India and will be responsible for a team of 2-3 motivated members.

With your team, you will be responsible for the power market models for India- development, operations, maintenance, improvements etc. This includes, but not limited to, short to medium term fundamental models and statistical models for forecasting electricity prices and analytical solutions needed for decision making on various power/electricity instruments and markets, including modeling of the existing/new/anticipated market designs and policy directions. You will also work closely on the long-term price forecasting exercise for India – a very comprehensive as well as intensive annual exercise. The team is strongly linked to the modeling units in the Global offices, especially with Corporate Strategic Analysis in Oslo.

Your role will also be responsible for maintaining close coordination with Market Front office, Asset business development teams, Portfolio Management and Risk Management to ensure the development of business ideas, products, and services to achieve sound commercial decisions.

Key accountabilities:-

• As a Head, this role is heavily reliant (75%-85%) on hands-on modeling skills and approach.
• Active support to management, especially with deliveries of fundamental price forecasting and energy analytics needs for India based on the use of unique tools and models.
• Tracking and analyzing relevant Regulatory frameworks and incorporating in the analysis space.
• You are expected to have a deep understanding of the full energy market value chain to provide support on business ideas and bespoke solutions to problem statements.
• Ownership of the modelling process, improvements, and to provide good quality reports, documents, and presentations to the stake holders and Management.
• Eagerness to learn and develop your own experience of best practices from colleagues from the global operations of Statkraft.
• Strong leadership skills, motivation, and ability to teach and develop subordinates to enable them to take independent responsibilities of the team’s deliveries.

• 8 years (Senior Analyst) to 15 years (Head) of relevant experience and analytical background.
• Academic background with University degree, preferably at master level, in mathematics, economics, finance or engineering (or any other quantitative study – engineering/pure-sciences/econometrics etc).
• Demonstrated and strong quantitative modelling skills – extensive application in power/energy markets or energy analytics. Sound understanding of the fundamental market drivers in full power and energy space.
• Good Communication (both, written & verbal) and presentation skills.
• Knowledge of India power markets and regulatory space; SDDP/PLEXOS/PROMOD or other models/tools will be a strong plus.

Location:-

• Delhi, India.

Company Overview:-

Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 4,800 employees in 19 countries. Statkraft in India started its operations in 2004 and has strengthened its footprints in Assets development & management and Market operations (Trading & origination, Forecasting & Scheduling activities and Energy management).