Master Thesis “Algorithmic Trading in Electricity Markets" (f/m/d)

Location: Mannheim, Baden-Württemberg, Germany

Job ID: R0050175

Date Posted: 2024-08-08

Company Name: HITACHI ENERGY GERMANY AG

Profession (Job Category): Administration & Facilities

Job Schedule: Full time

Remote: No

Job Description:

We are looking for a student (f/m/d) to work on a Master thesis about algorithmic trading in electricity markets. As part of this work, the student will explore the fascinating intersection of algorithmic trading and electricity markets under real-world market scenarios. The student will join our team of Grid Management and Optimization in Mannheim, Germany.

Your responsibilities:

• Clean and manipulate large and complex data sets from real electricity markets.
• Conduct exploratory data analysis to identify trends and patterns.
• Develop time series forecasting models for market related variables (load, price, etc.).
• Develop bidding strategies to optimally trade energy from renewables (PV, wind) in the electricity market.
• Document and present findings.
• Optionally, disseminate your results in scientific publications or patent applications.

Your background:

• You're currently finishing up your Master's degree in a topic related to electrical engineering, power systems, finance, or similar.
• Knowledge of the basic concepts of electricity markets.
• Good programming skills (Python or R).
• Experience with data manipulation and cleaning techniques.
• Knowledge of statistical techniques and artificial intelligence/machine learning algorithms.