Working in Automated Flexibility Trading team: The team is part of the Cross-functional Optimization department within Energy Management department. Energy Management is responsible for energy management of all Statkraft’s own and 3rd party assets and consumers in Europe, delivering production planning and access to physical energy markets. We also deliver weather, hydrology, climate and market analysis across Statkraft. The Automated Flexibility Trading Team is responsible for developing and implementing algorithmic trading and virtual power plant solutions that automatically trade and steer asset flexibility in real-time and run proprietary trading activities in order to commercially optimize Statkraft’s portfolio in the relevant energy markets. The exciting and innovative projects the team works on together with the trading desks are revolutionizing Statkraft's energy management operations and helping to keep Statkraft as a leading market participant in the complex energy markets of the future. The energy sector is currently facing a strong transition towards digitalization and automation driven by decentralisation of generation and increased market dynamics. To handle the resulting increased complexity efficiently, Statkraft makes use of algorithmic trading and virtual power plant solutions that automatically balance renewable generation, steer asset flexibility in real-time and run trading activities. These algorithms make millions of decisions per day to send orders to the power exchange and steer the physical assets.Key responsibilities:The (Senior) Commercial Analyst in the Automated Flexibility Trading Team is a critical and multi-faceted role for the Southern European business.  The role combines elements of commercial ownership, analytical leadership, and strategic thinking. You will be expected not only to build and extend models, but to actively shape how flexibility is deployed and monetized– always with a clear view on risk, optionality and PnL impact. <ul><li>Develop and improve automated trading and optimisation algorithms for flexible assets</li><li>Extend, adapt and localise optimisation and trading frameworks for Southern European wholesale power and ancillary services markets </li><li>Communicate complex analytical outputs to stakeholders across the organisation </li><li>Continuously challenge model assumptions, data quality and market representations based on observed fundamentals and market behaviour </li><li>Act as a sparring partner to traders, originators and portfolio managers </li><li>Contribute to the improvement of our algorithmic trading and monitoring systems </li></ul>

Statkraft is a leading company in hydropower internationally and Europe&rsquo;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 over 5,300 employees in 21 countries.

(Senior) Commercial Analyst – Automated Flexibility Trading (m/f/d)

About the Job

About the Company

Statkraft

Similar Jobs

Data Analyst - Commercial Excellence

Data Analyst - Commercial Excellence

Analyst, Energy Markets

Analyst, Energy Markets

Lead Commercial Analyst – Automated Flexibility Trading (m/f/d)

Lead Commercial Analyst – Automated Flexibility Trading (m/f/d)

(Senior) Commercial Analyst – Automated Flexibility Trading (m/f/d)

(Senior) Commercial Analyst – Automated Flexibility Trading (m/f/d)

Power Analyst

Power Analyst

Trading and Operations Analyst

Trading and Operations Analyst

Business Analyst

Business Analyst

Gas Portfolio Analyst

Gas Portfolio Analyst

Energy Analyst (6 months)

Energy Analyst (6 months)

Trading Analyst

Trading Analyst