Data Scientist - Power Market Analysis and Forecasting
Location: Austin, TX
Type: Full Time
Min. Experience: Experienced
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:
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:
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:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
