Specialist Market Modeler (Bengaluru)

Specialist Market Modeler (Bengaluru)

06 Aug
|
ItConnectUS
|
Bengaluru

06 Aug

ItConnectUS

Bengaluru

- Masters degree (Power Systems, Energy Markets, Applied Mathematics, Economics or related field)
- Exposure to machine learning or data-driven methods applied to forecasting or energy system operations
- Relevant publications in reputed journals
- Experience in formulating and solving optimisation problems, including: Linear and Mixed-Integer Linear Programming (LP / MILP); Stochastic optimisation and simulation
- 3-5 years of relevant experience in energy modelling, optimization or quantitative analysis within the power sector
- Proven expertise in energy systems, using quantitative and computational methods
- Hands-on experience in the modelling, development and deployment of models
- Strong proficiency in Python for model development, data analysis and automation with the ability to translate technical and business requirements into clean, efficient and maintainable code
- Strong analytical and problem-solving skills with the ability to research and learn new techniques
- Experience working with large time-series datasets (prices, load, weather, generation, dispatch)
- Ability to communicate complex analytical concepts clearly to technical and non-technical stakeholders
- Solid documentation skills covering models, assumptions and analytical results
- Collaborative team player with a structured and proactive working style
- Develop and maintain energy system and market models that capture the interaction between renewable generation, energy storage, demand,



grid constraints and electricity markets
- Validate, stress-test and interpret model outputs to ensure results are technically robust, commercially meaningful and aligned with real-world system behaviour
- Collaborate with cross-functional teams (engineering, investment and operation) to develop and refine operating and revenue optimisation strategies for renewable and storage assets
- Translate complex modelling and analytical outputs into clear insights and recommendations for technical and non-technical stakeholders
- Track and analyse developments across electricity markets in Europe, including day-ahead, real-time, balancing and ancillary service markets to continuously improve modelling assumptions and optimisation approaches
- We are looking for someone who is passionate about translating ideas into numbers that enable better decision-making
- You should enjoy analyzing commercial value in the context of complex, uncertain and evolving market conditions
- Build energy market models for Europe using standard tools
- Perform back casting to assess model performance
- Benchmark various available energy market tools
- Report generation of model analysis

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Specialist Market Modeler (Bengaluru)
🏢 ItConnectUS
📍 Bengaluru

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