Full-Time

Manager – SPP Asset Optimization

Confirmed live in the last 24 hours

Intersect Power

Intersect Power

201-500 employees

Develops and operates clean energy projects

Energy

Compensation Overview

$140k - $150kAnnually

+ 50% Annual Target Bonus

Senior

Remote in USA

Fully remote position with a preference for candidates in the Bay Area.

Category
Risk Management
Sales & Trading
Finance & Banking
Requirements
  • 7+ years of experience in SPP energy trading, market analysis, or a related field within the power markets.
  • Strong understanding of the SPP market and energy trading strategies, with a focus on renewable energy (solar and wind preferred).
  • Proven ability to optimize market participation and identify strategic opportunities in energy markets.
  • Strong understanding of locational prices and basis risks.
  • Knowledge of SPP market rules, regulations, and compliance requirements.
  • Experience managing SPP load.
  • Experience with Behind-the-Meter rules in SPP.
  • Excellent communication and collaboration skills, with the ability to work cross-functionally.
  • Bachelor's degree in finance, economics, energy management, or a related field; advanced degree preferred.
Responsibilities
  • Lead efforts to optimize market participation for solar, wind, and other energy assets in the SPP region, ensuring alignment with company goals.
  • Internal SME on SPP market conditions, trends, and pricing, and ability to provide recommendations to capitalize on opportunities.
  • Work within our Origination and Trading team to develop strategies for energy sales, ensuring optimal performance in the market.
  • Stay informed of regulatory developments within the SPP market and ensure compliance with market rules and regulations.
  • Work closely with our Risk team to identify and manage risks related to market participation, optimizing bids, and forecasting energy prices to maximize profitability.
  • Work closely with internal and external teams to support aggressive renewable energy growth plans.

Intersect Power focuses on creating large-scale clean energy projects that aim to significantly lower carbon emissions. The company develops, constructs, and operates renewable energy infrastructure, primarily solar power plants, and sells the generated electricity to various clients, including businesses and government entities, through structured agreements known as offtakes. This model provides a stable revenue stream by ensuring energy is sold at a predetermined price. Intersect Power stands out in the clean energy sector for its commitment to deep decarbonization and has been recognized for its innovative solutions in the industry. The company's goal is to redefine the clean energy landscape by integrating clean electricity into the broader economy while maintaining a flexible, remote work environment.

Company Stage

N/A

Total Funding

$7.3B

Headquarters

Beaverton, Oregon

Founded

2016

Growth & Insights
Headcount

6 month growth

68%

1 year growth

68%

2 year growth

68%
Simplify Jobs

Simplify's Take

What believers are saying

  • Intersect Power's significant financing deals, such as the $837M for Texas BESS projects, indicate strong financial backing and growth potential.
  • The company's strategic partnerships, including a multi-billion Megapack contract with Tesla, enhance its technological capabilities and market reach.
  • Remote work flexibility allows Intersect Power to attract top talent from across the U.S. and Canada, fostering a diverse and skilled workforce.

What critics are saying

  • The large-scale nature of Intersect Power's projects requires substantial capital investment, which can be risky if market conditions change.
  • Operating in both retail and wholesale energy markets may expose the company to fluctuating energy prices and regulatory changes.

What makes Intersect Power unique

  • Intersect Power's focus on large-scale, transformative clean energy projects sets it apart from competitors who may not operate at the same scale.
  • The company's innovative approach, including the use of shorter tenor contracts and unbundling RECs, provides unique financial flexibility and market adaptability.
  • Recognition in Fast Company's 2024 World Changing Ideas Awards underscores its leadership in sustainability and deep decarbonization.

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