Intern – Quantitative Risk Analyst (m/f) presso Statkraft

Statkraft has been making clean energy possible for over a century. Unrivaled pioneering spirit and a strong commitment towards a more sustainable future. That’s what we offer. Today, we are Europe’s largest renewable energy producer and employ more than 7.000 colleagues in 20+ countries around the world. Our vision is clear - to renew the way the world is powered. But there is more work to be done and that is why we need you to help us.

Why join us

We promise, that here with us, you will build a better way. You will take ownership for projects, you will collaborate across boundaries, you will embrace new skills, guide and be surrounded by some of the smartest people in the industry. Together we lead the energy transition to ensure a more sustainable future for our customers, society and future generations. Together, let’s renew the way the world is powered by building a better way.

Join Statkraft’s Risk Quantitative team. Our team is responsible for developing models to understand and estimate quantitatively risk in renewable energy and flexible asset contracts like PPAs and batteries. We do create models for complex portfolios across all the European geographies Statkraft markets operates in Germany, Spain, UK, Nordics etc.

As an intern, you’ll work closely with a team of experienced quants and analysts, gaining exposure to a range of modeling topics. You will contribute to several key initiatives, including:

• Improving stochastic model designs to better capture power market behaviors;
• Helping build "hybrid" models that combine stochastic methods with physical (including assumptions on power plants, demand, interconnections) models;
• Exploring how to better model correlations between countries or price areas across our models;
• Checking how well our models align with key metrics for batteries, gas assets, and renewables;
• Modeling different battery revenue streams (day-ahead, intra-day, ancillary services, balancing mechanisms etc.).

You’ll follow ideas from early research and design stages all the way through to model calibration and working implementation. You’ll get to work with real data, test and refine your models, and contribute to tools used in actual risk assessments.

By the end of the internship, you’ll have built a solid understanding of how quantitative modeling works in energy markets across different asset types and geographies—especially in Western Europe and the Nordics, where our team is active.

We are looking for future colleagues with the right mindset, that are curious and analytical. Ideally, you bring:

• A background in applied math, statistics, physics, engineering, or similar ideally from top “Grandes écoles” (Mines, Ponts, Centrale...);
• Good Python skills (especially with scientific libraries like NumPy or pandas);
• Interest in energy, financial modeling, or risk;
• A proactive mindset and the ability to work both independently and in a team;
• Fluency in English, ideally fluency in French as well;

At Statkraft, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes (non-exclusive): 

• A hands-on learning experience at the heart of the renewable energy world;
• A positive working environment characterized by expertise, responsibility and innovation;
• A diverse workplace in terms of gender, age and cultural background;
• Development opportunities at different levels of the organization, including via LinkedIn Learning;
• A workplace in the center of Paris, close to train stations and accessible to all.

You will be integrated as a full member of a young and dynamic team, where your motivation and curiosity will make a difference.

Our vision is to renew the way the world is powered. To navigate the complex journey ahead, we need every voice at the table. We therefore work actively to be a diverse and inclusive workplace and welcome all applicants regardless of background, gender, age, sexual orientation, religious belief, ethnicity, nationality or disability. 

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.  
Statkraft manages critical infrastructure and services in several countries. We conduct background checks on qualified applicants before hire. This may include a conflicts of interest statement from candidates.