Power Trading Analyst

You are situated at the heart of Eneco, right between production, sales, and trading.

You work on complex and analytical challenges in the dynamic energy market.

You’ll help Eneco navigate volatility, risk, and opportunity in the evolving gas market.

Why choose Eneco?

The energy transition is in full motion and Eneco is helping to lead it. Our ambition? That goes for our operations and the energy we deliver to millions of customers. From building wind and solar parks to innovating in energy trading, we're investing in real impact and scaling that impact across Europe.

To accelerate this journey, we're looking for sharp analytical minds. As a Power Trading Analyst, you’ll play a key role in supporting our trading activities with advanced market insights, models, and tools, enabling data-driven decisions in a fast-moving and highly strategic environment.

What you’ll do

The energy markets are evolving rapidly, and the energy transition's effects are becoming increasingly visible. We follow these changes closely and reflect them in our analysis and trading strategies. You will contribute to the commercial success of Eneco’s trading desk by performing best-in-class power market analysis. Your work will provide actionable insights into the European power market. Specifically, you will:

• Proactively explore new trade ideas and work with traders on their implementation.
• Analyze the fundamental drivers of the power supply & demand balance. Translate this into a price view and sensitivity analysis.
• Monitor market news and policy developments and identify their impact on the power market.
• Monitor weather developments and impact on power prices and trading strategies.
• Improve and develop new forecasting fundamental and statistical models used in the trading activities of the desk.
• Provide briefings for traders and other colleagues within Eneco Energy Trade.
• Improve energy market and meteorological data landscape and add new data sources.
• Help in monitoring and analyzing trading positions and PnL. Assist in the reporting and tooling responsibilities of the Trading Analysis team.

You’ll be responsible for

• You will have direct impact on trading decisions and strategies and work closely with our traders. This can include both discretionary and systematic trading strategies.
• You will work on topics related to fundamental energy market analysis and modelling.
• You will be involved in other topics to improve the capabilities of the desk, such as automating the trading process, adding new data sources, etc.

Is this about you?

You bring:

• A degree (MSc or PhD) in a quantitative field.
• At least 3+ years of relevant experience in power market analysis in a trading environment, an energy company, a hedge fund or a market research company.
• Ideally experience with building & using power fundamental and quantitative models.
• Solid Python programming skills and work with databases.
• Your approach is analytical but also hands-on and pragmatic.
• Energy Trade is a very dynamic environment. Targets change frequently based on market or business opportunities. A candidate should be flexible and focused at the same time.

This is where you’ll work

You’ll join the Trading Analysis Team. This is a front-desk analytical team which works alongside traders on our trading desk, which is responsible for trading power, gas, and carbon from day-ahead up to several years ahead, using both physical and financial instruments. The team provides the analytical backbone of the desk. Your primary focus will be the European power markets, but you’ll collaborate closely with colleagues covering gas and carbon. The environment is international, high-paced, and collaborative — bringing together talent from diverse academic and professional backgrounds.

What we have to offer

Gross annual salary between €86.000 and €128.000

Including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing.

FlexBudget

Have it paid out, use it to buy extra holiday days or save it up for something nice, it's up to you.

Personal and professional growth

Eneco is fully committed to help you in your personal and professional development.

Hybrid working: home, office or abroad

Work 40% at the office, 40% from home, and 20% flexibly. With manager approval, you may work abroad (within approved countries) up to 3 weeks/year, max 2 consecutively.

Work that works for you and the climate

If you decide on a career at Eneco, you are choosing ambition, growth and opportunities. You will have all the space you want to improve yourself and do your job the way that suits you best, which includes having a good work-life balance. You can work to a flexible schedule and work partly from home if your role allows it. That is how you can work on your own future and on the future of the world. After all, you and your 4,000 colleagues are committed to our mission: climate neutrality by 2035. We assist customers to accelerate their sustainability efforts, devise innovative solutions and seize opportunities with both hands. Are you ready?