Market Modeller

L&T Technology Services
Bengaluru, Karnataka, India

Role Overview

We are looking for someone who is passionate about translating ideas into numbers that enable better decision-making.

You should enjoy analysing commercial value in the context of complex, uncertain and evolving market conditions.

  • Build energy market models for Europe using standard tools.
  • Perform backcasting to assess model performance.
  • Benchmark various available energy market tools.
  • Report generation of the model analysis.

Experience

  • 3–12 years of relevant experience in energy modelling, optimisation or quantitative analysis within the power sector.

Technical Skills

  • Proven expertise in energy system, using quantitative and computational methods.
  • Hands-on experience in the modelling, development and deployment of models.
  • Strong proficiency in Python for model development, data analysis and automation with the ability to translate technical and business requirements into clean, efficient and maintainable code.
  • Strong analytical and problem-solving skills with the ability to research and learn new techniques.
  • Experience working with large time-series datasets (prices, load, weather, generation, dispatch).

Communication & Collaboration

  • Ability to communicate complex analytical concepts clearly to technical and non-technical stakeholders.
  • Strong documentation skills covering models, assumptions and analytical results.
  • Collaborative team player with a structured and proactive working style.

Education

  • Masters degree from a recognized university (Power Systems, Energy Markets, Applied Mathematics, Economics or related field).

Good to Have Skills

This role is suited for candidates with a strong quantitative inclination who are excited to work on optimization, modelling and market-driven decision-making in energy systems.

  • Develop and maintain energy system and market models that capture the interaction between renewable generation, energy storage, demand, grid constraints and electricity markets.
  • Validate, stress-test and interpret model outputs to ensure results are technically robust, commercially meaningful and aligned with real-world system behaviour.
  • Collaborate with cross-functional teams (engineering, investment and operation) to develop and refine operating and revenue optimisation strategies for renewable and storage assets.
  • Translate complex modelling and analytical outputs into clear insights and recommendations for technical and non-technical stakeholders.
  • Track and analyse developments across electricity markets in Europe, including day-ahead, real-time, balancing and ancillary service markets to continuously improve modelling assumptions and optimisation approaches.

Tools/software

PLEXOS, PyPSA

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