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Alexander Backus
Data Science Manager at Dexter Energy
Alexander Backus is currently the Data Science Manager at Dexter Energy, a role he has held since January 2023. Based in the Amsterdam area, he specializes in leveraging machine learning for energy forecasting and optimization, particularly in the context of short-term power trading. His work involves developing advanced data-driven solutions to enhance trading strategies and improve operational efficiencies within the renewable energy sector.135
Professional Background
- Education: Alexander completed his PhD at the Donders Graduate School, which laid the foundation for his expertise in data science and analytics.7
- Previous Experience:
- Prior to joining Dexter Energy, he served as the Data & Analytics Leader at IKEA, where he managed a team focused on optimizing inventory and logistics operations through data science.1
- He has also worked as a Data Science Consultant for VodafoneZiggo and held various roles at BigData Republic, contributing to projects across multiple industries including retail, finance, and aviation.12
Key Contributions
At Dexter Energy, Alexander is instrumental in developing machine learning-powered products that facilitate probabilistic price forecasting for energy trading. His approach emphasizes understanding market dynamics and utilizing high-quality data to inform trading decisions.36 This role highlights his commitment to using data science not only for technical solutions but also for addressing real-world challenges in the energy market.
Skills and Expertise
Alexander possesses a robust blend of technical skills in data science alongside strong leadership capabilities. His experience spans various sectors, enabling him to tackle diverse business problems through innovative data-driven strategies. He is known for his ability to communicate complex concepts effectively, bridging the gap between technical teams and business stakeholders.124
Highlights
Interesting ⚡️ Volts podcast episode, where david roberts and Brett Christophers discuss the challenges of using market mechanisms for decarbonizing electricity.
Main point: although #renewableenergy costs have dropped significantly and are now cheaper than fossil fuels, limited profitability remains a key hurdle in attracting private capital for asset development. Factors like fierce competition in spot markets, unpredictable generation profiles, regulation changes and high price volatility, pose significant risks to renewables' profitability.
Good thing that at Dexter Energy, we're developing AI products to enhance profitability through better forecasting, trading decisions, and asset flexibility optimization 🚀
Highly recommended for anyone interested in the financial aspects of the #energytransition! And thanks to Uri Shimron for bringing this one to my attention.
What an incredible Dexter Energy team outing this week at Eemshaven! 🤩 This port in the north of the Netherlands is a true energy and data hub—a perfect place for our company to come together and explore 👌
We started with a fascinating talk by Gielis Stuart from Groningen Seaports, who shared insights on the port's history and key features. Ruud Kerkhof then took us through their journey in owning and operating wind farms. Following this, we embarked on a thrilling boat tour through the harbor, getting up close to the impressive offshore wind turbine construction sites. Some lucky team members even had the unique opportunity to climb a wind turbine, made possible by Growind 🙏
Truly a day to remember! Really makes the things we work on at Dexter come alive!
