Portfolio Management Markets Pricing Intern Southern European Origination 6 months

Working in Southern European Origination:

As part of the Origination department the Southern European Origination team concludes nonstandard structured and often complex transactions in wholesale energy markets in Spain Portugal France and Italy. Thereby it cooperates closely with Statkrafts trading desks and the other regional Origination teams to offer panEuropean tailored energy solutions. The responsibilities within Southern European Origination are divided into Origination Iberia Origination France/Italy Portfolio Management and the newly established unit Quant and Structuring. While the Origination teams focus on originating structuring and negotiating value enhancing new transactions and Portfolio Management prices and manages the entire portfolio exposure in the market across the curve until delivery Quant and structuring will provide the quantitative development and sophisticated pricing models. All teams closely collaborate on a joint one team one PnL philosophy per region.

Statkraft Southern European Origination has been a first mover on longterm PPAs in Spain and Italy with more than 50 wind and solar PPAs contracted. In addition the portfolio consists of tailormade longterm agreements with IPPs/generators and large end customers as well as other nonstandard flexible and structured wholesale products. Furthermore Southern European Origination is running a PPA business in France and holds a sizeable routetomarket renewables portfolios in that market. The business is planning to significantly grow its business in regional and product scope over the next years.  

We are looking for an intern to join the Southern European Origination Portfolio Management team for a 6 months internship starting 1st April 2025.

Responsibilities:

• Gain firsthand and indepth understanding of power markets and related commodities with a focus on renewable energy and learn the fundamentals of energy trading
• Support in managing operatively the portfolio of Guarantees of Origin across our different European markets.
• Support our portfolio managers in building out a tool landscape to manage the portfolio of power GoOs and other commodities.
• Support PM trading activities by analysing key market factors which will allow for a better decision making on a daily basis.

Qualifications :

• Currently studying or recently received a degree in either Economics Mathematics Finance Engineering or other relevant analytical field of study and available for a 6month internship.
• Excellent quantitative and analytical skills.
• Proficiency with data analysis/data science in Excel and Python
• Interest in the renewables and power market.
• High level of motivation structured way of working and able to get things done.
• Able to communicate ideas clearly.
• Fluency in English is required.
• Understanding of the power market an advantage.

Additional Information :

What we offer

A career withStatkraftis a career filled with purpose meaning that every employee is not just making a living they are making a real difference to the planet our communities and the future. Together we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems communities and our environment first.  

• Professional and personal development in a company experiencing strong growth 
• A positive working environment characterized by competence responsibility and innovation 
• A diverse workplace with regards to gender age and cultural background 
• The opportunity to work somewhere with pride and to be able to honestly say My work is contributing to saving the planet 

• Being part of a company proudly certified as a Great Place to Work 
• An opportunity to make a difference 

Statkraftoffers competitive terms of employment and benefits schemes and were a trusted employer that puts the safety of ourpeople first. We believe that a safe and healthy working environment is a matter of choice not chance. 

Statkraftmanages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation. 

Remote Work :

No

Employment Type :

Intern