Data Scientist - Power Market Analysis and Forecasting

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: 

• 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.

Minimum Job Requirements:

• 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.

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