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Modeller Intern

3 months ago

London, Greater London, United Kingdom Low Carbon Contracts Company Full time

Description:

Contract type:
Internship

Hours:
Full Time, 37.5 hours per week

Salary:
circa £26,000

Location:
Canary Wharf

WFH policy:
Employees are required to attend the office 2 days/week

Reports to:
Modelling Manager

Visa sponsorships:
LCCC does

_not_ sponsor visas currently so you will need to hold a valid UK passport or a valid visa to work in the UK.


Role Summary:


During the summer internship, the Modeller Intern will have the opportunity to work on the development of both scheme forecasting models and analytical models, as well as the publication of supporting technical documentation.

This quantitative development role requires a deep skillset within computing (python, R, spark) and statistical modelling; providing technical leadership on the development, testing and de-bugging of the code underpinning our most business critical forecasting models.


Key Responsibilities:

The key responsibilities of the role are to:

  • Explore and clean datasets required for modelling purposes
  • Design and build short and longterm energy models; used in forecasting, analysis and for generating insights that support various strategic initiatives
  • Testing and deploying updates to the models
  • Producing high quality technical documentation
  • Identifying and streamlining inefficient processes
  • Supporting other teams with modelling, analysis and automation

Skills Knowledge and Expertise:

The skills and experience required for the role are:
The below experiences can be gained from your academic work or job experiences:

  • Working knowledge of machine learning tools and statistical techniques
  • Experience in modelling, forecasting and analysis of complex real life systems
  • The ability to convey complex technical concepts to those with little or no modelling background in a meaningful, relevant and engaging matter
  • Experience in using Python or R
  • Experience with SQL and a strong familiarity with Excel
  • Understanding of the electricity market is desirable

Employee Benefits:


As if contributing to and supporting work that makes life better for millions wasn't rewarding enough, we offer a full range of benefits too.

Key benefits that may be available depending on the role include:

  • 25 days' annual leave and bank holidays
  • Recognition schemes allowing colleagues to say thanks
  • Company contribution to your pension scheme
  • Family friendly policies, including enhanced company maternity/paternity and shared parental benefits
  • Employee assistance programme for free, confidential support for your professional or personal life, including financial management and family care
  • Special leave such as study leave, sabbatical or public duties
  • Three days paid leave a year for volunteering to support your local community
  • Season ticket loan scheme to support your commute
  • Access to "Work Perks" offering deals, discounts and cash back on your purchases
  • Family savings on days out and English Heritage or gym discounts through our partners.

About Low Carbon Contracts Company:


The Low Carbon Contracts Company (LCCC) exists to help decarbonise the generation of electricity and make it more affordable for the future.

Our work is central to the delivery of the Government's objective to achieve Net Zero target by 2050.

LCCC's main responsibility, amongst many, is managing the

Contracts for Difference (CfDs) scheme which are agreements LCCC has made with renewable generators. These agreements are private law contracts to provide investors with confidence when investing in low carbon technology. CfDs are also designed to help and manage price increases for consumers, when electricity prices are high.

See here for more information on how CfDs work:
LCCC CfD Video on Vimeo.


LCCC's other responsibilities include management of money flows across energy suppliers to fund the CfD portfolio, settlement of the capacity market and develop new schemes.

Find out more about all that we do by visiting our main page.