Full-Time
Quantitative Developer
Energy Markets
Confirmed live in the last 24 hours
Octopus Energy
1,001-5,000 employees
Provides affordable green energy solutions
Mid
London, UK
Hybrid position based in London.
- Experience and solid commercial understanding of at least one European power market is essential for the role;
- 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
Growth Equity (Venture Capital)
Total Funding
$2.5B
Headquarters
London, United Kingdom
Founded
2016
6 month growth
↑ 16%1 year growth
↓ -5%2 year growth
↑ 45%
Simplify's Take
What believers are saying
- Expansion into electric aviation charging can increase customer base and revenue.
- 'Zero Bills' initiative attracts eco-conscious consumers, enhancing brand reputation.
- Partnership with Energisa opens opportunities in the South American market.
What critics are saying
- Increased competition may erode Octopus Energy's market share.
- Reliance on Kraken platform poses risk if competitors develop superior solutions.
- Expansion into Brazil exposes Octopus Energy to geopolitical and regulatory challenges.
What makes Octopus Energy unique
- Octopus Energy's Kraken platform optimizes energy usage for zero-bill homes.
- The company invests in electric aviation charging, leading in emerging markets.
- Octopus Energy partners with Energisa to address energy poverty in Brazil.
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