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Posted:6 days ago| Platform: Naukri logo

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Job Description

Job Title: Data Scientist Electric Load Forecasting

Location:

Job Type:

Experience:

 

About the Role:

Data Scientist – Forecasting

data science challenges

Key Responsibilities:

  • Develop and enhance

    energy load forecasting models

    using

    time series forecasting

    ,

    statistical modeling

    , and

    machine learning techniques

  • Analyze historical and real-time

    energy consumption data

    to identify trends and improve forecasting accuracy. 
  • Investigate discrepancies between

    forecasted and actual energy usage

    , providing actionable insights. 
  • Automate

    data pipelines

    and

    forecasting workflows

    to streamline processes across departments. 
  • Monitor day-over-day

    forecast variations

    and communicate key insights to stakeholders. 
  • Work closely with internal teams and external vendors to refine

    forecasting methodologies

  • Perform

    scenario analysis

    to assess seasonal patterns, anomalies, and market trends. 
  • Continuously

    optimize forecasting models

    , leveraging techniques like

    ARIMA, Prophet, LSTMs, and regression-based models

Qualifications & Skills:

  • 3-5 years of experience

    in data science, preferably in

    energy load forecasting

    , demand prediction, or a related field. 
  • Strong expertise in

    time series analysis

    ,

    forecasting algorithms

    , and

    statistical modeling

  • Proficiency in

    Python

    , with experience using libraries such as

    pandas, NumPy, scikit-learn, statsmodels, and TensorFlow/PyTorch

  • Experience working with

    SQL

    and handling large datasets. 
  • Hands-on experience with

    forecasting models

    like

    ARIMA, SARIMA, Prophet, LSTMs, XGBoost, and random forests

  • Familiarity with

    feature engineering, anomaly detection, and seasonality analysis

  • Strong analytical and problem-solving skills with a

    data-driven mindset

  • Excellent communication skills, with the ability to

    translate technical findings into business insights

  • Ability to work independently and collaboratively in a

    fast-paced, dynamic environment

  • Strong attention to detail, time management, and organizational skills. 

Preferred Qualifications (Nice to Have):

  • Experience working with

    energy market data, smart meter analytics, or grid forecasting

  • Knowledge of

    cloud platforms (AWS)

    for

    deploying forecasting models

  • Experience with

    big data technologies

    such as

    Spark or Hadoop

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