Forecasting Data Scientist

Number of employees

3800

Munich, DE, Germany

Posted on: 2025-04-24

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

We're on a mission to make a big green dent in the universe by building a truly sustainable energy system globally.

That means making power greener, smarter, and more affordable for everyone.

We put customers at the heart of everything we do: with always-fair prices, transparency and outrageous customer service.

We drive system change: with transformative tech to make renewable energy the norm and end global reliance on fossil fuels.

Octopus Energy Group is made up of 10 businesses spanning 6 countries across 3 continents, including: Octopus Energy Retail, Kraken Technologies, Octopus Energy Generation, Kraken Flex, Octopus Electric Vehicles, and the Octopus Centre for Net Zero. More on OEG @ octopusenergy.group

The Energy Markets team at Octopus Energy is responsible for making sure that we always have the electricity and gas we need to support our customer demand whilst also supporting the grid to enable the Net Zero transition.
To achieve this mission across all Octopus international regions, we need to forecast the demand of each of our customers and the production of our generation assets. The Forecasting team owns the underlying models and the forecasting data platform that feeds into business operations across the international group.
We are looking for a Data Scientist to join the team - ideally someone who is skilled at data analysis, has at least some experience or familiarity with machine learning models and can grasp the commercial concepts and needs of the wider business to really add value.

What you will be doing:

  • Building, improving and maintaining forecasting models. 
  • Development on forecasting framework and tools.
  • Maintaining and automating forecasting processes, whilst building in checks and alerting.
  • Designing and building forecasting dashboards/ reports that cover operational processes and reporting requirements;
  • Standardising and rolling out forecasting models across the international markets.
  • Performing ad-hoc analysis.
  • Collaborating with Risk, Trading, Renewables, Flexibility teams and building pipelines into the wider business.
  • Who we are looking for:

  • Experience with Python (pandas) and SQL is essential;
  • Able to quickly understand commercial concepts quickly and effectively;
  • Team player excited at the idea of ownership across lots of different projects and tools;
  • Passion for driving towards Net Zero;
  • Drives knowledge sharing and documentation for a more effective platform;
  • Open to travelling to Octopus international offices;
  • Experience with Machine Learning, dbt, Airflow and Spark is beneficial.
  • Experience in the energy industry
  • Why else you'll love it here:

  • Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
  • Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership
  • Visit our UK perks hub - Octopus Employee Benefits
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