EU Power Trading Intern

Finance · Internship · Germany

Job description

About Roscommon Analytics:

Roscommon Analytics LLC is a fast-growing business using technology and analytics expertise to generate profits in the energy commodity markets, with a focus on power and natural gas. Since our inception in November 2016 Roscommon has a single, “brand-name” institution as its financial partner.  The firm has grown to over 90 employees with offices around the globe.

The firm commenced operating in the US Power and Congestion markets with its first trades in the Financial Transmission Rights market in April 2017. Growing that base in 2018 with the addition of Power basis trading on ICE and Nodal exchanges.  The firm’s initial international expansion into the Australian power markets brought geographic diversity while positioning for future market changes anticipated in the Australian congestion markets.

2020 brought entry to the US Natural Gas and Weather markets complementing our core power and basis strategies.  Beaufort Energy LLP was created in 2021 marking our entry to the European Markets enabling us to capitalize on global energy trading opportunities.  Quickly following in 2022 Beaufort expanded adding offices in Berlin & Zug.  Roscommon Nordic Energy AB was also founded in 2022 headquartered in Stockholm with a focus on Nordic power markets.

In US markets the major 2022 growth initiative was a Joint Venture in Spearmint Energy focused on renewable energy markets, developing utility scale batteries, and leveraging Roscommon’s deep understanding of the Global Power Markets.  This venture is growing rapidly with our first utility scale battery (150 MW) coming online in Crane County, Texas in late 2023 and over 1 GW in the development pipeline.  Our international expansion continues with the creation of PRIZM a quantitative trading platform that will initially focus on European markets and to later be leveraged globally.

Position Overview:

The Berlin EU Power Trading Desk is seeking an exceptional intern to support their analytics platform. The ideal candidate will have a robust technical skillset and the ability to address any problems that arise in the front-end and back-end of the platform.  This internship will provide the opportunity to apply your programming skillset to real-world analytical problems in the energy sector, therefore candidates with knowledge of energy markets are preferred.  

Responsibilities:

  • Support the power desk in a variety of development tasks concerning the analytical platform. Maintenance and development tasks have a full stack nature involving both the backend and the frontend of the platform

  • Take part in the every-day routine of the trading desk and identify opportunities to improve the workflow when it comes to data ingestion and interpretation

  • Perform analytic tasks on an ad hoc basis, that could both address current developments and improve existing analyses or point to new trading strategies

  • Develop a new forecasting algorithm for electricity demand in both the short and long term

Requirements

  • Currently enrolled in BS or MS Program majoring in Computer Science, Mathematics, Energy Economics, Data Science or similar
  • Demonstrable programming experience in python and/or R
  • Experience in SQL database development
  • Strong analytical and problem- solving skills with a strong sense of ownership.
  • Fundamental understanding of Energy Markets