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Demand Forecasting Analyst
ICT
💰 Salary Not shared
📊 Market 2,916 GBP–4,583 GBP/mo (34,992 GBP–54,996 GBP/yr)
About the Company
We're so much more than an energy company. We're a family of brands revolutionising how we power the planet, energising a greener, fairer future by creating an energy system that doesn't rely on fossil fuels while igniting positive change in our communities. With 21,000 colleagues, we make it, store it, move it, sell it, and mend it. At British Gas, a Centrica Home brand, we've been powering UK homes and businesses for over 200 years, using technology like thermostats, heat pumps, solar panels and EV chargers to help customers reduce their carbon footprint and move toward Net Zero.
About the Role
In the Demand Forecasting team, we are responsible for gas and electricity demand forecasts for our residential customer base, which inform the hedging and optimisation of over 5 billion of commodity and decisions that allow the costs of energy purchasing to be minimised. Under the current energy landscape, it is vital that our hedging and trading teams receive accurate and timely forecasts to maintain a competitive commercial position and minimise costs for our customers. We're looking for a Demand Forecasting Analyst to join this analytical and commercially important team to play a key role in developing best in industry energy forecasts.
Responsibilities
- ● Shared ownership of delivering gas and power demand forecasts for UK residential customers to hedging and 24/7 trading teams.
- ● Developing and maintaining models and algorithms to accurately forecast gas and power demand for millions of British Gas customers, using ML and AI techniques where appropriate.
- ● Producing and utilising analytical tools to constantly monitor and visualise the quality of forecasting models.
- ● Developing deep understanding of customer behaviour, impact of policy and societal trends to predict underlying energy demand trends, particularly as the market transitions towards more flexibility and distributed generation and storage.
- ● Reducing energy imbalance cost by bringing commercial and cost focus to forecasting models.
Application Notes
Join us, be part of more. You'll be expected to be in the Windsor/ Reading or London office at least once a week, but you will be able to work remotely in line with our Flexible First policy.
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