Job Description

Based in Santiago, Chile, the Market Analyst will be responsible for actively modeling and analyzing the local energy market. The role's primary mission is to maintain and continuously update the hydrothermal and renewable optimization dispatch model and its database, along with other simulation tools and reports, as part of the Chile Commercial Operations team.

The position supports commercial decision-making through market analysis, forecasting, and the development of analytical tools and methodologies.

Qualifications

The position is expected to contribute to the organization through the following outcomes:

• Continuously improve and optimize modelling tools by incorporating new data, new methodologies and automation solutions that enhance efficiency and analytical accuracy.
• Develop power market models and system analyses, delivering critical insights to support commercial, operational, and strategic decision-making.
• Proactively evaluate regulatory changes and possible implications and implementations into optimization models.
• Propose improvements in forecasting, evaluating and backtesting processes.
• Maintain and improve data management systems utilized by the market team.

Competences Requirements

Education

• Bachelor’s degree in electrical engineering, industrial engineering, mathematical/statistical engineering or a related field.

Experience

• Minimum of 3-5 years in market analysis, power system optimization, portfolio management and/or risk exposure assessment within the Chilean energy sector.
• Deep understanding of the Chilean electricity market, its optimization and operation rules and regulatory framework.
• Knowledge of the power generation business and its operational and economic dynamics.
• Experience in optimization models such as SDDP, PLP, Plexos or similar.
• Experience in AI adoption, digitalization improvement, data extraction, data transformation and data analysis using Python or similar tools.
• Experience in preparing presentations and reports regarding the Chilean electricity market.
• Desirable experience in portfolio optimization topics.
• Desirable knowledge in regulatory topics.
• Microsoft Office skills, with advanced Excel knowledge.
• Knowledge of mathematical modelling and data analytics.
• AI adoption and proficiency in Python programming or similar language.
• Advanced English proficiency.

Additional Information

Statkraft offers competitive terms of employment and benefit schemes, prioritizing the safety of our people. We are committed to creating a diverse and inclusive workplace and welcome applicants from all backgrounds.