Internship/Thesis Proposal: Trading Renewable Energy – Econometrician

About AFS Energy

AFS Energy is an international-oriented scale-up in the heart of Amsterdam. We deal with opportunities and developments in Renewable Energy every day. With an increasing number of organizations striving to reduce their emissions, AFS Energy has emerged as a key player in Europe, offering crucial support in achieving sustainability goals. Our work involves procurement, market access, and advisory services across various environmental markets. From transitioning to renewable energy sources such as green electricity and green gas to promoting CO2-reduction projects, the possibilities for making the world a more sustainable place are limitless.

Internship Description

We are seeking an econometrics student or graduate to find and articulate the relationship between various renewable energy products in Europe, traditional energy market and market data. The project will involve analysing historical price data, market fundamentals, and external factors such as weather patterns, policy changes, and supply-demand dynamics to design a robust model for explaining the effects of increase biomass prices, hydro storage, wind changes and others, on the price of renewable energy.

The intern will apply econometric techniques, machine learning, and time-series analysis to identify market inefficiencies and optimize trading decisions. The goal is to build a model that enhances risk assessment and decision-making in forward trading within the OTC market.

At AFS, we have extensive internal pricing and interest data. This internship will focus on integrating these datasets with external market drivers to develop a data-driven model that supports efficient and sustainable energy market operations.

Ideal candidates should have a strong background in econometrics, statistical modeling, and programming skills (Python, R, or MATLAB or other econometric software tools). Prior knowledge of energy markets and financial trading is a plus.

We are extending our expertise to use more data for trading. Together with your internship/thesis supervisor and the Product Development team/GO desk, you will conduct in-depth market research on environmental commodities trading, providing valuable insights that will shape our trading strategy. This position can either be done as an internship or as a thesis topic.

We are looking for an intern with a proactive attitude and a strong drive to make an impact. Specifically, we are seeking someone who:

• Is currently enrolled a master's degree and seeking a graduation internship or thesis opportunity.

• Has a strong analytical mindset with the ability to draw insights from market trends and data.

• Possesses technical expertise in time-series analysis, statistical modelling, econometrics, and data analysis.

• Has experience with Python, R, or MATLAB for quantitative research and model development.

• Understands financial markets, energy trading, or renewable energy economics (a plus).

• Is familiar with machine learning techniques and forecasting methods for predictive modelling.

• Can work with large datasets and apply back testing methods to trading strategies.

• Thinks independently, identifies challenges, and proposes innovative solutions.

• Demonstrates a team-oriented mindset, an entrepreneurial spirit, and a passion for trading and renewable energy markets.

What We Offer

• A monthly internship allowance.

• A unique opportunity to explore and contribute to the trading of renewable energy.

• A supportive and collaborative work environment based in the historic Amsterdam Stock Exchange.

• Flexibility in tasks and potential for thesis alignment, focused on environmental commodities and trading.

• An opportunity to be part of a high-performing team driving international impact.

• Access to free in-house fitness facilities.

• Team-building activities and a friendly, energetic work culture.

If you are passionate about sustainability and trading, eager to learn, and excited to make a tangible impact in environmental commodities market, we look forward to welcoming you to our Product Development team and GO Team/Portfolio Management.

Internship details

Start date: As soon as possible / flexible

Duration: 4 months minimum (full-time/part time. TBD)

Work location: Amsterdam

Get in touch!

Are you interested in this internship on the Amsterdam Stock Exchange? Please send your resumé through the application link. The Corporate Recruiter in charge is Mascha van Berne (mvanberne@afsgroup.nl)