Official Specifications
Role Overview & Mandate
Executive Summary
Description Contract type: Internship Hours: Full Time, 37.5 hours per...
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Description
Contract type: Internship
Hours: Full Time, 37.5 hours per week
Salary: circa £26,000
Location: Canary Wharf
WFH policy: Employees are required to attend the office 2 days/week
Flexible working: Informal flexible work patterns subject to line manager discretion including a 9-day fortnight.
Reports to: Modelling Manager
Reports to: Modelling Manager
Visa sponsorships: LCCC does not sponsor visas currently so you will need to hold a valid UK passport or a valid visa to work in the UK.
Deadline Note: We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.
Role Summary:
LCCC is launching our very first summer internships in the Data Analytics team with the opportunity for the successful candidate to be involved in some of the UKs most exciting and high-profile Net Zero programmes and projects, as well as the potential to be involved in innovative low carbon schemes that are helping the UK reach our 2050 Net Zero target.
Role Summary:
LCCC is launching our very first summer internships in the Data Analytics team with the opportunity for the successful candidate to be involved in some of the UKs most exciting and high-profile Net Zero programmes and projects, as well as the potential to be involved in innovative low carbon schemes that are helping the UK reach our 2050 Net Zero target.
During the summer internship, the Modeller Intern will have the opportunity to work on the development of both scheme forecasting models and analytical models, as well as the publication of supporting technical documentation. This quantitative development role requires a deep skillset within computing (python, R, spark) and statistical modelling; providing technical leadership on the development, testing and de-bugging of the code underpinning our most business critical forecasting models.
The ideal candidate for the Modeller/Data Scientist Internship will combine an understanding of energy market fundamentals with state-of-the-art optimisations techniques. They will be required to take on complex challenges with a sense of urgency and enthusiasm, developing and communicating data insights in a clear and succinct way. Furthermore the candidate will be adaptable and curious, with a strong willingness to learn and develop.
Key Responsibilities
The key responsibilities of the role are to:
- Explore and clean datasets required for modelling purposes
- Design and build short and long-term energy models; used in forecasting, analysis and for generating insights that support various strategic initiatives
- Testing and deploying updates to the models
- Producing high quality technical documentation
- Identifying and streamlining inefficient processes
- Supporting other teams with modelling, analysis and automation
Skills Knowledge and Expertise
The skills and experience required for the role are:
- A good first degree (or expected for those in their penultimate year) or higher degree in a highly numerate subject is essential
The below experiences can be gained from your academic work or job experiences:
- Working knowledge of machine learning tools and statistical techniques
- Experience in modelling, forecasting and analysis of complex real life systems
- The ability to convey complex technical concepts to those with little or no modelling background in a meaningful, relevant and engaging matter
- Experience in using Python or R
- Experience with SQL and a strong familiarity with Excel
- Understanding of the electricity market is desirable
Employee Benefits
As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:
- 25 days' annual leave and bank holidays
- Recognition schemes allowing colleagues to say thanks
- Company contribution to your pension scheme
- Family friendly policies, including enhanced company maternity/paternity and shared parental benefits
- Employee assistance programme for free, confidential support for your professional or personal life, including financial management and family care
- Special leave such as study leave, sabbatical or public duties
- Three days paid leave a year for volunteering to support your local community
- Season ticket loan scheme to support your commute
- Access to “Work Perks” offering deals, discounts and cash back on your purchases
- Family savings on days out and English Heritage or gym discounts through our partners.
About Low Carbon Contracts Company
The Low Carbon Contracts Company (LCCC) exists to help decarbonise the generation of electricity and make it more affordable for the future. Our work is central to the delivery of the Government’s objective to achieve Net Zero target by 2050.
LCCC’s main responsibility, amongst many, is managing the Contracts for Difference (CfDs) scheme which are agreements LCCC has made with renewable generators. These agreements are private law contracts to provide investors with confidence when investing in low carbon technology. CfDs are also designed to help and manage price increases for consumers, when electricity prices are high. See here for more information on how CfDs work: LCCC CfD Video on Vimeo.
LCCC’s other responsibilities include management of money flows across energy suppliers to fund the CfD portfolio, settlement of the capacity market and develop new schemes. Find out more about all that we do by visiting our main page.
Want to know what’s important to us and what’s expected? See here: Values | Low Carbon Contracts Company Careers (pinpointhq.com).
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