Market Intelligence Specialist (Energy)

Description

Job Summary: Technically lead short- and medium-term energy price forecasting, supporting the trading desk and developing automated models. Key Highlights: 1. Opportunity to shape the role and advance your career 2. Join diverse teams at a global industry leader 3. Dynamic, creative, and sustainability-driven work environment Hydro Energia is an integrated aluminum and energy company with a global presence, including in Brazil. Hydro Energia operates as an independent electricity trader, offering services such as energy portfolio management and optimization, regulatory and commercial consulting, and structured operations in the energy market. In Brazil, the company maintains offices in Belém and Rio de Janeiro and ranks among the largest operators in the country’s free energy market, particularly in the North. Here, we do more than connect energy—we connect ideas, innovation, and sustainability. Our commitment is to build a more efficient, sustainable, and intelligent energy future. **What We Offer You** --------------------------- A competitive salary aligned with the Energy Market, complemented by a comprehensive benefits package, ensuring you are rewarded for your contributions. The opportunity to join diverse teams at a global leader in aluminum and renewable energy that is transforming the aluminum industry. A dynamic and creative work environment, featuring global projects and sustainability ambitions. Opportunity to shape the role and advance your career through professional and personal development. You will be part of a business built for the future by joining us on a transformative journey. **Your Responsibilities** ------------------- * Technically lead and execute short- and medium-term energy price forecasting processes, continuously improving them while ensuring methodological consistency, analytical robustness, and result quality; * Serve as technical advisor to the trading desk, providing analyses, scenarios, and recommendations for positioning and risk mitigation; * Monitor and actively participate in forums, meetings, and working groups organized by the National Electric System Operator (ONS) and the Chamber of Commercialization of Electric Energy (CCEE) related to the calculation of the Settlement Price of Differences (PLD), as well as track regulations, technical notes, and public consultations on this topic, anticipating potential impacts on prices and the company’s commercial strategies; * Develop, structure, and evolve automated internal processes, codes, and models for short- and medium-term price forecasting (core and/or satellite models), ensuring continuous methodological updates, traceability, and computational efficiency; * Plan and conduct complex studies on price formation, risk assessment, and structural drivers of the power sector (e.g., generation expansion, transmission constraints, demand projections, among others). **What Will Make You Successful?** -------------------------------- ### **Academic Qualifications** * Bachelor’s degree completed in Engineering, Economics, Mathematics, Statistics, or related fields; * Master’s degree in Optimization, Energy Planning, Quantitative Modeling, or related fields is desirable. ### **Knowledge and Skills** * Experience in the electricity market; * Familiarity with computational models Newave, Decomp, and Dessem; * Advanced English proficiency for conversation, writing, and reading; * Advanced Microsoft Office suite proficiency; * Advanced programming skills (Python knowledge required); * Advanced proficiency in Business Intelligence tools (Power BI preferred); * Knowledge of advanced statistical techniques and machine learning is desirable. ### **Profile** * Technical leadership in energy price modeling and forecasting; * Strong analytical capability and quantitative mindset; * Critical thinking for evaluating models and regulatory assumptions; * Risk orientation and strategic support to the trading desk; * Proficiency in programming and model automation (Python & BI); * In-depth knowledge of the electricity sector and PLD formation. Hydro values diverse skills and perspectives among its employees. We encourage all qualified individuals to apply. Eligible candidates will be considered without regard to race, religion, nationality, ethnicity, age, gender, gender identity or expression, sexual orientation, or disability. We strive to provide equal opportunities so everyone can contribute and succeed with us. Work location: Norsk Hydro (Rio de Janeiro/RJ or Belém/PA), with flexible location options. Applications exclusively via the Hydro website. Academic certificates must be attached during application submission. For further information, visit www.hydro.com All positions are open to persons with disabilities (PwD) and those rehabilitated by INSS. Learn more about our businesses and processes by accessing Hydro Brazil Corporate Video (Extended version) \- YouTube.