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Gas Forecasting Analyst
3 months ago
The Role:
What's the role?
The Gas Forecasting Analyst role is responsible for developing and managing both long-term and short-term demand forecasts over the life of customer contracts.
Accurate and timely forecasts enable the Trading team to make informed decisions and implement hedging strategies to minimize market exposure.
You will liaise heavily with stakeholders within Trading & Supply, and the Retail Energy team and may deal directly with various customers to obtain information regarding current & future operations.
Your accountabilities include the following:
- Develop and maintain longterm and shortterm demand forecasts in Gas Energy Markets and associated Environmental product markets for Commercial & Industrial (C&I), Small to Medium Enterprise (SME), and Retailer LFH (Mass Market) segments.
- Manage and monitor Gas forecast submission to AEMO ensuring ongoing compliance is demonstrated.
- Develop and maintain models, continually updating, training & improving output to ensure desired accuracy standards are met.
- Build performance monitoring tools to track and report forecasting accuracy driving continuous improvement.
- Develop and monitor confidence intervals to reflect potential range of outcomes from forecast due to differing climatic conditions.
- Ensure all contracted load is included in relevant longterm and shortterm forecasts & submitted to Trading in a timely manner.
- Liaise with Account Managers or directly with customers to ensure forecasts are based on the most up to date information.
- Adjust forecasts as necessary to include ramp up or down in usage, expected future outages, scheduled maintenance, and changes in growth expectations.
- Prepare ongoing Emissions Liability reporting and respond to adhoc requests from Trading for compliance purposes.
- Continually drive integration, enhancement, and improvement of existing processes and tools, including working closely with IT to deliver automation.
- Assist in documentation of processes, model logic, assumptions, and verification to meet Audit requirements as necessary, and ensuring ongoing compliance is demonstrable.
- Other adhoc analysis is a regular requirement of this role.
Crucial to the success of this role is the ability to work collaboratively and lead effectively across multi-functional teams and interface with a wide range of internal and external stakeholders, based in various locations, and being able to work autonomously.
At times, support for the broader forecasting team (including electricity forecasting) is required to ensure delivery of customer requirements in the markets we currently trade in.
What we need from you
We are keen to speak to professionals with the following:
- A tertiary qualification (Bachelor or higher degree) Mathematics, Statistics, Accounting, Business, Finance or equivalent
- Experience in Python, VBA, SQL, programming languages and PowerBI (highly regarded)
- Industry experience or knowledge of AEMO's Wholesale and Retail Gas Markets, and the National Electricity Market (NEM)
- Thorough knowledge of Microsoft Excel & proficiency in all other Microsoft packages
- Strong analytical and problemsolving skills, high level of accuracy and attention to detail
- Excellent organizational and time management skills, ability to work under pressure and meet tight timeframes
- Good communications skills both written and oral
More about Shell in Australia
Shell Australia is a leading natural gas producer, and we are playing our part in the transition to a low-carbon future by also investing in the power sector, renewable energy sources and carbon abatement activities.
A Shell career offers opportunities to work on innovative projects such as the Prelude floating LNG facility offshore of Western Australia and the QGC onshore gas business in Queensland.
Beyond these are a wide range of Shell's New Energies development opportunities. Join Shell and let's power progress together with more and cleaner energy solutions.An innovative place to work
There's never been a more exciting time to work at Shell.
Join us and you'll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.
An inclusive place to work
To power progress, we need to attract and develop the brightest minds and make sure every voice is heard.
Here are just some of the ways we are nurturing an inclusive environment - one where you can express your ideas, extend your skills, and reach your potential.
- We're creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ong
