Our Energy Management Department is looking for a European Trading and Optimization Analyst to join its European team, based in Paris.

As the renewable energy market evolves, some of Neoen assets are increasingly exposed to the electricity market: 

• Because only part of the solar or wind assets are contracted through a long term PPA
• Because the PPAs may induce a market exposure (minimum or maximum contracted volume, defined hourly curves…)
• Because they can sell different services. For example, storage assets can be active on several frequency services or on the energy markets.

This is the case in Australia, Finland, Ireland, El Salvador, and Mexico today. Managing this growing exposure to energy markets and supporting Neoen development with market expertise and modelling are the main missions of the Energy Management Department.

As part of the Energy Management Europe team, the European Trading and Optimization Analyst will have the following responsibilities:

- Lead the market operations of our European portfolio:

• Supervise and monitor bidding operations in the different markets (reserves, wholesale, balancing)
• Work alongside the rest of the team (Quant, Data Analyst) to enhance our market strategies and expand our front-office capabilities:

1. Maintain and improve existing forecasting models
2. Identify new strategy, test it, and put it into operations when proved successful

• Collaborate with Asset Managers to maximize asset value through maintenance planning
• Monitor Neoen’s merchant positions in Europe (Power, GO, Capacity)
• Monitor and analyze the financial positions of executed hedge contracts, ensuring alignment with risk management objectives
• Oversee the Guarantees of Origin sales strategy
• Oversee the Guarantees of Capacity sales strategy
• Collaborate with our Competence Center to optimize technical capabilities (SoC management, cycling management, combination of services…)
• Maintain relationships with relevant counterparties requiring Energy Management expertise

- Support Neoen ambitious development plans by bringing a combination of market expertise and data-driven analysis:

• Identify new optimization opportunities leveraging field experience gained from operating our assets
• Convert quantitative results into business and strategic recommendations

- Help with the day-to-day running of the team:

• Monitor and maintain data collection services and databases
• Set-up of new data feeds
• Develop and maintain dashboards and reporting tools

The candidate will need the following skills and experience to succeed in this role: 

- Education: Master’s Degree in Science, Engineering, Applied Mathematics, Finance or Data Science

- Minimum of 2 years of experience in short-term power markets (day ahead, intraday), ideally in an operational position

- Good programming skills (Python, SQL, TSDB) as well as familiarity with Machine Learning libraries (Keras, Scikit-Learn…)

- Language: Fluent in English and French required

-On the soft skills side, we are looking for someone:

• Proactive, curious with a strong appetite for innovation 
• Rigorous, organized and ready to work on several projects in parallel in a fast running and high skilled environment
• With strong communication skills and ability to explain complex issues in a concise manner
• And appetite for international collaboration with teams located in more than 15 different countries

NB : The position is subject to on-call duty. Occasion travelling will be required

Créée en 2008, Neoen est l’un des principaux producteurs indépendants d’énergie exclusivement renouvelable. Son savoir-faire dans le solaire, l’éolien terrestre et le stockage lui permet de participer activement à la transition énergétique des pays dans lesquels Neoen produit une énergie verte, locale et compétitive. Multipliées par six au cours des six dernières années, ses capacités en opération ou en construction atteignent aujourd’hui 8,7 GW. Société en forte croissance, Neoen a pour ambition d’atteindre 10 GW en opération ou construction courant 2025. Présente sur 4 continents, Neoen compte parmi ses principaux actifs le plus puissant parc solaire de France (Cestas, 300 MWc), le plus grand parc éolien de Finlande (Mutkalampi, 404 MW), l’une des centrales solaires les plus compétitives au monde au Mexique (El Llano, 375 MWc), ainsi que deux des plus grandes centrales de stockage à grande échelle au monde, toutes deux basées en Australie (Hornsdale Power Reserve, 150 MW / 193,5 MWh et Victorian Big Battery 300 MW / 450 MWh). Audace, intégrité, engagement et esprit de corps : nos valeurs guident nos actions et nos relations avec nos partenaires, clients et populations locales. Ces valeurs sont le socle de notre identité d’entreprise et les repères intangibles de notre comportement au quotidien.