Full-Time
Quantitative Developer
Confirmed live in the last 24 hours
Octopus Energy
1,001-5,000 employees
Provides affordable green energy solutions
Junior, Mid
London, UK
Hybrid position based in London.
- Experience and solid commercial understanding of at least one European power market
- Knowledge of the UK/other European power or gas markets is beneficial but not essential if you are eager to learn
- Experience with stack modelling and curve simulation would be advantageous
- Strong aptitude in SQL and Python for analysis and pipeline development
- Team player excited at the idea of ownership across lots of different projects and tools
- Open to travelling to Octopus offices across Europe and the US
- You have a drive to keep up to date with industry standards, best practices, and available market data.
- Monitor market changes to ensure our risk pipelines are accurate for each Octopus geography
- Develop and implement logic for producing accurate forward price curves
- Work with the trading team to highlight areas of risk that may impact their decisions
- Work with the Power Purchase Agreement team to ensure we’re using the most appropriate price curves as a basis for contracts with generators
- Help to globalise the existing platform as we expand our codebase to enhance our view of risk across the wider Octopus Group.
Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.
Company Stage
Private
Total Funding
$2.5B
Headquarters
London, United Kingdom
Founded
2016
6 month growth
↑ 19%1 year growth
↑ 0%2 year growth
↑ 43%
Simplify's Take
What believers are saying
- Octopus Energy's rapid growth and valuation increase to $9 billion reflect strong investor confidence and market leadership.
- The company's initiatives in green technology and renewable energy investments offer employees the chance to work on cutting-edge, impactful projects.
- Partnerships with global entities like Energisa and Tech Nation provide opportunities for international collaboration and knowledge exchange.
What critics are saying
- The energy sector's volatility, as seen with the Bulb Energy acquisition, could pose financial risks despite current successes.
- Rapid expansion and numerous partnerships may strain resources and operational capacity, potentially impacting service quality.
What makes Octopus Energy unique
- Octopus Energy leverages its proprietary Kraken technology platform to optimize energy usage and integrate renewable assets, setting it apart from traditional energy providers.
- The company's focus on innovative green solutions, such as the 'Zero Bills' homes and electric aircraft charging, demonstrates a commitment to sustainability that few competitors match.
- Strategic partnerships and acquisitions, like the takeover of Bulb Energy and collaboration with Energisa, expand Octopus Energy's global footprint and influence.
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