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Statkraft

State-owned renewable-energy producer: hydropower, wind

Senior Commercial Analyst

Quantitative ResearchConfirmed live in the last 24 hours
Full-timeMadrid, SpainNo salary listedHybrid

About the Job

Requirements

  • An excellent university degree in mathematics, physics, meteorology, engineering, or business with a strong quantitative focus.
  • Several years of experience in renewable power forecasting for short-term power markets.
  • Strong analytical and investigative skills.
  • Significant modelling and programming experience, preferably in Python.
  • Ability to solve analytical problems within limited timeframes when necessary.
  • A strong commercial mindset.
  • A proactive and independent way of working.
  • Excellent communication skills in English.

Responsibilities

  • Analyse, monitor, and benchmark the performance of renewables forecasts from external providers and create combined forecasts.
  • Identify, evaluate, and implement statistical forecast improvements.
  • Lead the use of artificial intelligence and machine learning tools to develop new models.
  • Create and improve renewables forecasts for the Spanish portfolio based on numerical weather models.
  • Develop statistical arbitrage strategies based on renewable forecast data.
  • Support operational forecasting duty by identifying and resolving operationally critical incidents.
  • Support the preparation of ad hoc commercial analyses for internal and external stakeholders.
  • Regularly update stakeholders on recent developments and performance evaluations.

Desired Qualifications

  • Experience with numerical weather models.

About the Company

Statkraft

State-owned renewable-energy producer: hydropower, wind

Statkraft is a state-owned energy company that generates electricity from renewable sources. It operates and owns power plants, including hydropower, wind, and solar facilities worldwide, and sells the electricity produced to markets and customers. Unlike many competitors, it remains wholly owned by the Norwegian state and has never had an IPO, which shapes its long-term, public-sector backing. Its portfolio spans Europe, South America, and Asia, with a history rooted in Norway’s hydropower development. The company aims to be a leading provider of environmentally friendly energy in Europe and to expand its renewable generation globally through reliable, large-scale projects.

Company size
1,001-5,000
Company stage
Growth Equity (Non-Venture Capital)
Total funding
$1.4B
Headquarters
Oslo, Norway
Founded
1895

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