Trick interview question for energy consultancy role!
Speaking of interview rounds, I am sharing a very classic 'tricky' and frequently occurring question asked to those applying for consultancy roles in energy for entry roles . By 'entry roles' I do not mean internship. You need to have a BSc for sure, and you aim for a salary around $120k gross annual revenue - speaking of the United States , for 0-1 years of experience , i.e. fresh graduates.
But this question is also asked to intermediate experience candidates e.g. 2-5 years experience (salary around. $180k / year in the USA. This is gross ie pre-tax, and annual).
Below you see the plot of an electricity demand profile i.e. shows the electricity demand over a day.
First, the question is to explain what we see. What do we understand in this plot. To explain the ups and downs. They may point with their finger e.g. 'why here it is low ' , 'why there it is high', speaking of this blue line.
And then explain what happens to the price of electricity. Can we infer the wholesale electricity price from this plot? Because this plot doesn't show the price. It shows the demand . And this is the total demand in that region. Electricity demand.
This question is asked because when you' re a consultant, your client often asks such questions. And you have to reply fast and accurately, or you may risk your reputation.
If you try to evade e.g. by changing topic, then your client isn't stupid.. they will understand... and sometimes they will ask again...
So such questions are asked.
So this is a classic "gotcha" interview question. The interviewer is testing two things: your technical knowledge of energy markets and, more importantly, your attention to data validation.
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Luis G
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Trick interview question for energy consultancy role!
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