About the job

Are you interested in hydrology and curious to understand what role hydrology plays in the energy market? At Vattenfall, we don’t just “do energy”, we exist to help our customers power their lives in ever climate smarter ways and enable fossil freedom. If you are looking for exciting challenges and the opportunity to be part of this change, then join our diverse and talented team and make a difference

The department, team, and job:  

This position will connect the operational (Planning and Optimisation Nordic) and analytical (Fundamental Analysis) teams. Planning and Optimisation Nordic is a team responsible for maximising Vattenfall’s Nordic hydro-, nuclear- and heat production on the Nordic power and ancillary service markets. As part of the Analysis department, the Fundamental Analysis team delivers models and analyses on power markets, deals and assets. We provide model-based forecasts of power prices and analysis of price drivers to support decision making in the traded market horizon and beyond. Long- and short-term inflow forecasting are key drivers in all these processes. 

The position is located in Arenastaden, Solna (Stockholm) as part of an international team of highly professional, skilled analysts, located in Hamburg and Stockholm. 

What you will mainly do: 

The focus of this role will be all aspects of Nordic hydrology and its representation in our fundamental models as well in operational production planning processes. You will get the opportunity to engage in

Coordination and driving our hydro model development for forecasting and operational production planning.  Development of our hydrological models and integration with our fundamental models.  Improving our inflow forecast by, for example including internal metrological forecast.  Developing new model features according to stakeholder requirements (e.g. improved snow modelling).  Improving model architecture to make more efficient use of the cloud infrastructure and optimize code and data integration.  Enabling profitable trading strategies through providing hydrological and price forecasting analyses. 

Your profile

Strong interest and experience in Nordic Hydrology and power markets acquired by work experience or education  A relevant University degree, for example in Engineering, Hydrology, Mathematics or similar  A high computer literacy, in particular programming skills in Python. An understanding of how to facilitate cooperation with different stakeholders  Fluency in English and Swedish (these are both strictly required).  Willingness to travel occasionally. 

Additional information

Our Offer 

A welcoming work climate with flat hierarchies, appreciation for own initiative and an open discussion culture. An international and multi-cultural work environment with energetic colleagues. A dynamic and challenging working environment where constantly changing markets translate to evolving customer requirements.  Being part of the Analysis community, where we eagerly share knowledge and ideas regarding a wide range analytical topics relevant to the electricity market.  A flexible and supportive work culture, in an Agile/Scrum setting without micro-management, where you as a team are trusted to be the specialists on how to do your work.  Opportunities and support for professional growth. For example, the encouragement to do internal rotations to broaden your horizon.  Flexible working hours, including working remotely up to half of the time per week. 

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation. Read more about this and other benefits here:

Location , Solna 

We look forward to receiving your application 

Since Vattenfall is part of the Swedish critical infrastructure many of our positions are security classed. This position is security classed hence the final candidates will be subject to a security vetting process, according to the Swedish legislation. 

About the company

Vattenfall is one of Europe’s largest producers and retailers of electricity and heat. Our main markets are Sweden, Germany, the Netherlands, Denmark, and the UK. The Vattenfall Group has approximately employees. We have been electrifying industries, powering homes and transforming life through innovation for more than years. 

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