Energy Optimization Specialist

1 day ago

Delhi, Delhi, India beBeeEnergy Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

We are seeking a highly skilled and experienced Energy Optimization Specialist to join our team in the Indian power sector. The ideal candidate will have a robust background in optimization using GAMS (General Algebraic Modelling System), machine learning algorithm development, financial modelling, and energy portfolio management.

The key responsibilities of this role will include the following:

  • Optimization & Model Development:
    • Developing optimization models w.r.t. Power portfolio of State Utilities based upon Resource Adequacy guidelines using GAMS.
    • Develop, implement, and optimize machine learning models (LSTM, XG Boost, ARIMA, SARIMA, LR, Ridge, Lasso RF etc.) for demand and price forecasting, anomaly detection etc.
    • Utilize Python, R, TensorFlow, scikit-learn, and other libraries to build robust models.
    • Collaborate with cross-functional teams to integrate machine learning models into production environment.
    • Utilize EDA (Exploratory Data Analysis) and ETL (Extraction transformation and load) tools for developing machine learning models.
    • Manage and optimize large-scale databases using SQL, NoSQL (MongoDB).
    • Build and maintain financial models using Python, R, and Advanced Excel to assess and manage energy portfolios, risk assessment, and investment strategies.
    • Analyse market trends, regulatory impacts, and economic factors influencing the Indian power sector using statistical techniques.
    • System (Data) automation using VBA and Macros.
    • Hands on experience in Short/Medium/Long Term Load Forecasting and Price Forecasting using statistical and machine learning tools.
  • Advanced Visualization Techniques:
    • Develop insightful and interactive visualizations using Python (Matplotlib, Seaborn), Advanced Excel, Tableau, and Power BI to support decision-making and stakeholder communication.
    • Create and maintain dashboards for meaningful reports that monitor key performance indicators and model outputs.
    • Optimization and Energy Management Dashboard creation
  • Required Skill Set:
    • Developing models for Power Portfolio Optimization using GAMS
    • Expertise in time series analysis and forecasting techniques using machine learning.
    • Manage and optimize databases like SQL, NoSQL (MongoDB).
    • Utilize Python libraries like Pandas, Scipy, TensorFlow, scikit-learn, and other libraries to build forecasting models.
    • Utilize Python libraries like Matplot-lib, Seaborn and other tools to develop visualization insight from data.
    • Proficiency in Advance Excel, Power BI, VS-Code and various tools for data analysis purpose.
  • Preferred Skills:
    • Understanding of electricity energy trading.
    • Familiarity with optimization techniques for energy management.
    • Experience with Git.
    • Experience with cloud platforms such as AWS, Azure, or Google Cloud.
    • Knowledge of Indian energy sector policies, regulations, and market operations.
    • Strong communication and collaboration skills.
    • Client Management
  • Education and Experience:
    • B. Tech / Master's in Electrical, Energy Engineering, Computer Science, Information Technology or related fields like Statistics, Mathematics, Economics etc. with 5+ years' experience in power sector optimization and forecasting models.
    • Relevant experience in backend development with specialization in optimization, data science, machine learning, and database management, with a focus on the energy sector.
    • Proficiency in GAMS, Python, R, and advanced visualization tools (Power BI and Advance Excel).
    • Understanding of energy markets and portfolio management.
  • Work Location:
    • New Delhi
    • Travel required
  • Remuneration Structure:
    • Motivation based and competitive reward package

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