Data Scientist

Company: NextGenEnergyJobs
Apply for the Data Scientist
Location: London
Job Description:

At Octopus Energy Trading, we’re on a mission to reshape the future of energy.

Key Responsibilities

  • Exploring the types of data needed to effectively trade the GB intraday power market
  • Building, improving and maintaining models to forecast electricity demand and renewable generation, primarily in GB but developing into all of Western Europe;
  • Finding high quality, novel data sources to base our forecasts off of;
  • Development on forecasting framework and tools;
  • Maintaining and automating forecasting processes, whilst building in checks and alerting;
  • Utilising these forecasting models to build or enhance our price forecasts
  • Collaborating with Trading, Renewables, Flexibility and other teams to utilise our combined knowledge and data.

Requirements

  • Experience with Python is essential;
  • A good understanding of what forecasting techniques to use and the ability to build a simple baseline and quickly iterate;
  • Ability to communicate your approach, including its strengths and limitations;
  • Able to quickly understand commercial and industry concepts;
  • Team player excited at the idea of ownership across lots of different projects and tools;
  • Passion for driving towards Net Zero;
  • Experience with Machine Learning is essential;
  • Experience in the electricity industry in GB would be useful but not required.

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Posted: August 1st, 2026