Renewable Energy Trading Specialist
3 weeks ago
Renewable Energy Trading Specialist
Drax Group is seeking a skilled Renewable Energy Trading Specialist to join its Trading and Optimization team. As a key member of the team, you will support and direct traders towards value, enabling them to make quick and informed decisions.
You will be responsible for fundamental analysis, with a focus on power trading decisions. Our generation portfolio includes run-of-river hydro, pump storage hydro, and biomass. Analytical knowledge in these areas will make you invaluable to the team.
The desk is small, but this means you will have more ownership and visibility with management and greater interaction across the business. As our portfolio expands, so do the opportunities for you to learn, grow, and become indispensable to our business.
Specifically, you will provide robust fundamental analysis, engage in trading strategies, develop and maintain models, review past analysis, own pricing tools and trading-decision models such as marginal costs models, option pricing, and simulation models. You will provide market and competitor intelligence and spot areas to add value.
About you
You will need a degree-level education in a subject such as science, maths, economics, engineering, or other numerate subjects. You will also need working knowledge of UK power markets. Experience and understanding of power generation units will be beneficial, as will a curious mindset.
You will have solid experience with statistical and fundamental modelling using IT techniques such as SQL, Python, Excel, and Business Intelligence tools. If you have a good understanding of the methods underlying linear and mixed integer programming with experience of building models and solving them with commercial optimizers, you will be well-suited for this role.
What you will be doing
You will be part of the Trading and Optimization team, working as a key member to support and direct traders towards value. You will provide fundamental analysis, engage in trading strategies, develop and maintain models, and own pricing tools and trading-decision models.
About Drax Group
Drax Group is a leading low-carbon energy company that owns and operates a generation portfolio including run-of-river hydro, pump storage hydro, and biomass. We are committed to enabling a zero-carbon, lower-cost energy future and are looking for talented individuals to join our team.
What we offer
We offer a competitive salary and benefits package, as well as opportunities for career growth and development. If you are a skilled Renewable Energy Trading Specialist looking for a new challenge, we encourage you to apply.
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