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

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Mannheim, Baden-Württemberg, DEU
In-Office
Fintech • Information Technology • Logistics
The Role

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, 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 

 

Qualified individuals with a disability may request a reasonable accommodation if you are unable or limited in your ability to use or access the Hitachi Energy career site as a result of your disability. You may request reasonable accommodations by completing a general inquiry form on our website. Please include your contact information and specific details about your required accommodation to support you during the job application process.This is solely for job seekers with disabilities requiring accessibility assistance or an accommodation in the job application process. Messages left for other purposes will not receive a response. 

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What We Do

Since its founding in 1910, Hitachi has responded to the expectations of society and its customers through technology and innovation. Our mission is to “Contribute to society through the development of superior, original technology and products.” Over the past 100+ years this commitment has led us to work towards creating a more sustainable society through our “Social Innovation Business”. We work to apply our expertise in information technology (IT), operational technology (OT), and a wide variety of products to advance social infrastructure systems and improve quality of life across the world.

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