A key challenge of the energy transition is to ensure a stable and efficient energy supply with a noticeable increase in the share of wind and solar energy. Our intraday trading team in Düsseldorf is making an important and exciting contribution to this. We manage one of Europe’s largest renewable energy portfolios on the relevant short-term markets, thus enabling the successful integration of wind and solar energy into the energy market. The focus of the internship can vary between the two and can be summarised in three main tasks:
In collaboration with our traders, enhance our in-house models used for trading. The quantitative analyst role will focus on developing e.g. systematic trading strategies, risk assessments and/or short-term price forecasting models. For both roles, you’ll use machine learning, time series analysis, and/or statistical data analysis
Operational Support: Trading Insights: Shadow our intraday trading activities and identify opportunities for model or trading strategy improvements. You may also develop your own trading strategies and potentially test their performance in the actual market supported by our traders
Note that you will receive an extensive onboarding from our traders and that you have enough time to become familiar with our programming infrastructure and the way we work in Statkraft. We will support you in developing your skills and becoming a valuable member of our Intraday Power Trading Team.
You will gain first-hand experience in electrical energy trading through the short-term physical markets, deepening your understanding of energy system dynamics and price formation. Your quantitative project work will enhance your coding and analytical skills and by being part of a diverse and supportive team you will get a great experience for your future career.
Enrolled in a university, ideally in a quantitative discipline (engineering/physics/mathematics/economics/data science)
Python
Knowledge of version control techniques (Git) and / or data visualization techniques (Dash, HTML, Java Script)
Very good English skills to ensure optimal collaboration in an international team, German is a plus
5-6 months is the preferred length of the internship
~ The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds
A work culture that puts emphasis on the individual, offering flexible working solutions, and work life balance principles
A focus on fun outside of work, supported by various activity groups such as soccer, yoga, sailing, climbing, boxing, cabin rentals, and much more
Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.
We conduct background checks on qualified applicants before hire.