Data Scientist - Power Market Analysis and Forecasting

Job Title: Data Scientist

Reports to: Director of Engineering

Job Type: Full-time

Classification: Exempt

Location: Austin, Texas (On-site)

Position Overview:

The Data Scientist at Concord New Energy will focus on the analysis of power market data and providing accurate forecasts for future project developments. The successful candidate will play a crucial role in optimizing the operations of renewable projects through the application of machine learning algorithms. If you are passionate about leveraging data to drive sustainable energy solutions and possess a strong background in data science and renewable energy markets, we want to hear from you.

Essential Duties and Responsibilities:Minimum Job Requirements:

• Power Market Data Analysis:
• Collect, clean, and preprocess large sets of power market data from various sources.
• Conduct in-depth analysis to identify patterns, trends, and insights relevant to the renewable energy sector.
• Collaborate with cross-functional teams to understand business requirements and align data analysis efforts accordingly.
• Build data warehouse.
• Market Forecasting:
• Develop and implement forecasting models to predict future power market trends and project developments.
• Utilize statistical methods, time series analysis, and machine learning techniques to enhance the accuracy of forecasts.
• Regularly evaluate and refine forecasting models based on real-time data and market dynamics.
• Machine Learning Optimization:
• Design, implement, and maintain machine learning algorithms to optimize the operations of renewable energy projects.
• Collaborate with engineers and project managers to integrate machine learning solutions into operational processes.
• Continuously monitor and enhance the performance of machine learning models to adapt to changing market conditions.
• Data Visualization and Reporting:
• Create visually compelling reports and dashboards to communicate findings and insights to stakeholders.
• Effectively communicate complex technical concepts to non-technical stakeholders through visualizations and presentations.
• Collaboration and Communication:
• Work closely with cross-functional teams, including engineers, project managers, and business analysts, to align data science efforts with organizational goals.
• Present findings and recommendations to both technical and non-technical audiences in a clear and understandable manner.
• Master's or Ph.D. in a relevant field such as Data Science, Statistics, Computer Science, or a related discipline.
• Proven experience in data analysis, machine learning, and statistical modeling.
• Strong programming skills in languages such as Python or R.
• Fluent in using AI tools such as ChatGPT.
• Familiarity with power market data and renewable energy projects.
• Familiarity with trading.
• Excellent problem-solving skills and the ability to work independently or as part of a team.
• Effective communication skills and the ability to translate technical concepts into actionable insights for various stakeholders.
  
  

About Concord New Energy:

Concord New Energy is a global renewable energy development, project integration, wind and solar, storage. IPP - Independent power producer

Benefits & Compensation:

• This is a full-time, exempt position.
• Benefits include medical, dental insurance, PTO policy, employer-matched 401k plan, Performance Bonuses and Relocation available.
  
  

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