Job Description
Do you have strong analytical skills and an interest in energy markets, trading, and price formation? Are you curious about how U.S. power markets work, why day-ahead and real-time prices diverge, and how data-driven models can help identify market opportunities? Then an internship as a US Power Markets Intern at Northpool could be a strong fit for you.
Grasp the opportunity
U.S. power markets are complex, fast-moving, and increasingly shaped by volatility. Weather, load, renewable generation, congestion, fuel prices, outages, and market design can all influence how prices form across day-ahead and real-time markets. These dynamics create both risk and opportunity for market participants who can understand, model, and anticipate price movements.
As a US Power Markets Intern, you will contribute to analytical and modeling projects that support our understanding of U.S. power price dynamics. Your work may involve researching market drivers, analyzing day-ahead and real-time price behavior, improving forecasting models, validating trading signals, and developing tools that help traders and analysts make better-informed decisions.
You will learn by working on real market questions and will be involved in the full analytical process: from understanding market fundamentals and formulating hypotheses to working with data, developing models, testing results, and presenting insights. During your internship, you will work closely with traders, analysts, and quants, gaining exposure to how models and market views are used in practice.
Your challenge? Make a concrete impact by helping improve our understanding of U.S. power markets and contributing to robust models, forecasts, and analytical tools used by the trading team.
As an intern, you will first learn about Northpool’s markets, data, tools, and modeling approach. You will then work on your own project related to U.S. power markets and price modeling. This could include analyzing price spreads, identifying drivers of extreme market moves, improving forecasting signals, or building practical tools to support trading decisions. You will be encouraged to implement ideas in a structured, reliable, and commercially relevant way.
Language
Northpool is a commodity trading company, based in Leiden, the Netherlands. Northpool’s main focus lies with energy and weather-related commodities and is currently active on the power and gas markets.
With the future going forward to an even more sustainable energy environment, anticipating the future energy trends for the coming years is imperative. With wind, sun and rain as ideal sustainable energy sources, the weather has become increasingly important in the energy markets. Variations in weather lead to volatility in the power market.
Northpool’s expertise is founded on three pillars, Fundamentals, Efficiency and Opportunities. First, Northpool has a strong knowledge on the fundamental drivers in the energy market. Second, Northpool uses data driven feeding trading strategies leading to a more efficient power market. The trading strategies are strongly driven the combination of market data and technological possibilities. Finally, Northpool is always seeking opportunities in the market. At Northpool we have four trading desks: Intraday, short term, long term and algorithmic trading. We are always looking for graduates for these desks and want to start their career with us.
Whether you aspire to a career as a trader, analyze situations in the market or like to build models, at Northpool we look for the best place for you in our organization.