Do you immediately link your neighbor’s new electric car to falling oil prices? Does stormy weather make your brain work faster? At Priogen, understanding the energy of things is our core business. Based in Amsterdam, our operation focusses on short- and medium-term power trading, sourcing and optimizing generation under management. Our people are able to translate the highly complex energy environment into forecasting models that are rock solid.
We look for the brightest
At Priogen, we do not base our market decisions on gut feeling. We need people who can make quick decisions to respond to our fast moving market.
• Background in business, econometrics, finance, economics or exact science
• Eager to learn, even from mistakes
• Confident but humble
• Slightly smarter than your boss
What’s in it for you?
We’re not offering you just a job, but a career. If you’re ambitious and hungry to learn, take the opportunity to grow and flourish in our company’s professional playground. Follow different tracks, try various business units or positions and find out what it is that you do best.
Excited to join? http://priogen.catsone.nl/careers/
A day at Priogen – Energy trading game
For an independent trading company such as Priogen, understanding how certain events influence supply and demand of electricity is vital in forecasting the price accurately. During this case, the students will first take the role of a Priogen research team and determine which way the power price in Germany will likely move.
Once the research team has determined the expected price move as a result of certain events, it is up to the trading desks to implement this knowledge. The students will take the role of a Priogen trading desk and trade intraday power (power with delivery less than a day away). The task is to interpret market information quickly and react in the best way given the nature of the event, the market, and the company position. Intraday power is a highly volatile product, so you should see plenty of price movement! The students will be responsible for making the correct trading decisions, managing their position and risk, and ensuring that their position is back to zero before the market closes.