Market Modelling Specialist
About Stanwell
Stanwell provides the spark for a bright future, and that future starts now. With our corporate office in Brisbane’s CBD and sites in the South Burnett and Rockhampton regions, we are a supplier of energy solutions to Queensland, the National Electricity Market, and large energy users throughout Australia. With more than 3 GW of renewable generation projects and firming capacity under development, we have an extensive renewable energy pipeline, with a goal of 9 to 10 GW of renewable energy and 5 GW of energy storage in place by 2035.
So, if you’d like to be part of the clean energy transformation in Queensland, working at Stanwell might be for you.
We care. We adapt. We deliver. These values are the driving force behind everything we do. And as we grow and deliver that pipeline of projects in the coming years, we will continue to serve our communities and deliver the power that Queensland needs.
About the role
This is a full-time permanent opportunity located in Brisbane CBD.
We are seeking an Energy Market professional to join our Market Analytics and Regulatory Strategy team to help lead Stanwell’s forecasting function and provide related market analysis. This role supports the development and optimisation of Stanwell’s gross profit outcomes through wholesale and contract market strategies. The forecasts produced by the Market Modelling Specialist provide key information and decision support in areas of asset optimisation, fuel strategies, project valuation and financial reporting.
Key activities include:
- Ownership of the market modelling function. This involves responsibility for detailed forecasting models using PLEXOS, which produce spot price and generation forecasts, considering supply, transmission, demand, and material regulatory impacts.
- Maintaining models that vary across different time horizons, from the short term (7-14 days) to the long-term capacity expansion models (20+ years)
- Support market analytics function with modelling to provide insight into market behaviour and potential market outcomes.
- Analyse National Electricity Market (NEM) participant behaviour and changing market trends to determine inputs for market forecasts.
- Understanding the variability of Renewable Energy sources and how this can be used to improve forecasting results and inform Stanwell’s investment decision in these resources.
About you
- Proven experience in analysing and forecasting the wholesale national electricity market.
- Proficiency in modelling software (PLEXOS/ PROPHET).
- Advanced spreadsheet modelling experience and dealing with large data sets.
- SQL / database query writing and Power BI development experience.
- Programming knowledge, ideally Python or R (desirable).
- Degree in Science, Engineering, Economics, Finance, Mathematics, or related field.
Benefits:
- 12.75% employer contribution to superannuation
- Access to Bright Spark – our rewards, recognition, and discounts platform
- Weekly pay
- Contributions for IP/TPD insurance units
- Flexible work arrangements
- Centrally located in Brisbane CBD
- Incentive scheme
- Health and wellbeing initiatives (e.g. skin checks, flu vaccines)
- Access to learning and development on and off the job
- Exceptional safety culture
- Plus, a whole lot more!
What’s next?
To submit your application, please apply online with your CV.
Applications close: 1:00pm, 29 July 2024 (screening may commence earlier)
Further information on Stanwell can be found online at www.stanwell.com
As part of the recruitment process, you may be required to undertake pre-employment checks (may include police checks, medical assessment and/or drug and alcohol testing).
Inclusion and diversity is an important part of shaping Stanwell’s culture and how our workplace operates. We recognise and value that it’s essential to creating a safe, inclusive, and productive workplace.
We are proactive about giving our people opportunities to excel and truly be themselves. We enable this through diversity, fairness, and flexible work practices.
If you have any support or access requirements, we encourage you to advise us at the time of application.