Power Asset Optimizer for Short-term Energy Markets

About ENGIE and Supply & Energy Management:

ENGIE, a global leader in low-carbon energy and services, relies on its Global Business Unit Supply & Energy Management (GBU S&EM) to provide reliable, sustainable, and affordable energy to all its customers. This strategic unit optimizes the Group’s and clients’ production assets and designs tailored energy solutions for our 200,000 professional clients and 15 million consumers.

The Global Business Unit Supply & Energy Management leverages ENGIE’s assets to deliver secure and sustainable energy to its B2B and B2C customers. It uses its expertise in energy management to provide decarbonized electricity 24/7.

Joining Supply & Energy Management means becoming part of a team of over 10,000 passionate experts spread across 20 countries, all united by a shared mission: shaping a greener and more efficient energy future. Together, we push the boundaries of innovation to deliver decarbonized energy 24/7. Join us and be part of those shaping the energy of tomorrow!

Context :

We are currently looking for a Power Asset Optimizer in Brussels to strengthen the Short-term Optimization (STO) team in our business platform Power Trading & Commercial (PT&C) in Brussels.

The mission of the optimizer will be a mix of operational activities and project-related work. The operational activities entail contributing to a 7/7 shift rotation on a timetable between 9h00 and 17h00 every day of the year (including weekends and public holidays).

Role :

As Power Asset Optimizer, your role will be to:

1. Take part in the daily asset optimization activity (7/7 shifts for 75% percent of your time), which includes:

§ Carrying out daily optimization runs for the portfolio of assets in the Engie portfolio (nuclear, gas-fired, CHP, biomass and pump storage assets) and devising bidding strategies in the day-ahead energy markets of Belgium, Germany and The Netherlands (BEDENL) that maximize revenue and ensure physical balance.

§ Costing and bidding of capacity contracts on any asset eligible for the ancillary services (FCR, aFRR and mFRR) tendered daily by national Transmission System Operators (TSOs), arbitrating against all other market opportunities.

§ Ensuring a transparent logging of all transactions in the deal capture systems as well as a thorough understanding of the P&L of every asset and a comprehensive reporting of the optimization activity.

2. Contribute to projects on the following areas (for 25% of your time):

§ Simplification and digitalization (automation) of the activities of the desk, including the development of algorithmic bidding solutions for all assets.

§ Devising day-ahead – intraday optimization strategies that arbitrate opportunities across all short-term markets available to our clients.

§ Contributing to making the optimization workflows more agile and adaptable to an evolving commercial landscape as well as to market design changes that are the norm across short-term energy markets.

Qualifications :

• Master’s degree in engineering or any other quantitative discipline (economics, computer science, finance, etc.).
• Willingness to take part in a rotating, on-duty shift system (7/7) requiring work over week-ends and public holidays (with the appropriate compensation).
• Energy enthusiasts are very welcome: if you have a solid understanding of energy markets and a passion for risk management and asset optimization, we're excited to meet you. Your experience in these areas will be highly regarded.
• Bring your analytical skills, attention to detail and structured approach to make a meaningful contribution. We will value highly your ability to take the initiative and bring new ideas to the table.
• A team player with strong communication skills: join a team where your ability to work with colleagues from other teams and different backgrounds comes naturally to you and helps ensure operational excellence and sound project delivery.
• Coding skills in languages like Python and VBA are a plus, but we're equally interested in your willingness to learn and grow. We offer a supportive environment where you can enhance your skills.
• Fluency in English, with Dutch seen as a particular advantage.

What we offer :

• A window to short-term electricity markets and to the day-ahead exchanges in BEDENL.
• The opportunity to optimize power plant portfolios with predominant positions across Europe and that include state-of-the-art thermal and hydro assets.
• A position to liaise and cooperate with forward and intraday traders, risk officers, forecasters, power dispatchers and plant managers, middle- and back-office counterparts for a complete portfolio optimization experience.
• Engagement with a stimulating role that embraces constant evolution. Challenges arise daily, offering opportunities for creative problem-solving and intellectual growth..
• Flexible work arrangements aimed at facilitating a healthy work/life balance, including allowances to work from home and abroad.
• The possibility to grow professionally in a positive and collaborative work culture, where every voice is valued.

If you meet these requirements, then you are the talent we are looking for. Do not waste time! 

Apply by attaching your updated CV, regardless your gender.

ENGIE Supply & Energy Management is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. 

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you. 

About ENGIE:

Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.