Full-Time

Manager – Load Management & 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

+ 40-50% Annual Target Bonus

Senior

Remote in USA

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

Category
Supply Chain Management
Operations & Logistics
Requirements
  • 7+ years of experience with load management in energy markets, including knowledge of SPP and ERCOT load side-market regulations.
  • Buy side experience with a background in load following and management.
  • Experience working at a REP, LSE or large load in ERCOT and/or SPP.
  • Strong understanding of load forecasting, energy scheduling, and power markets, preferably with a focus on renewable energy supply.
  • Excellent analytical skills with the ability to interpret complex data and market conditions to optimize load forecasting and management.
  • Strong collaboration skills to work effectively with cross-functional teams, outside counsel, and regulatory bodies.
  • Bachelor’s degree in energy management, economics, engineering, or a related field; advanced degree preferred.
Responsibilities
  • Coordinate with the Development team to execute commercial agreements for Intersect’s renewable projects to serve flexible and/or firm load behind the meter.
  • Manage agreements specifically with Retail Electric Providers (REPs) and Load Serving Entities (LSEs) within ERCOT and SPP.
  • Ensure proficiency in managing this process and executing contracts, with a strong understanding of settlement mechanics.
  • Act as a Subject Matter Expert (SME), collaborating with legal and internal teams to align agreement terms with Intersect’s business needs.
  • Establish Qualified Scheduling Entity (QSE) agreements to represent the generation side of the projects.
  • Manage energy load schedules between the load and generation, ensuring timely and efficient delivery of power to meet market demand and minimize operational costs.
  • Work closely with load customers, market operators, REPs, and LSEs to ensure accurate load management and compliance with market rules and regulations.
  • Align load management with market opportunities, energy sales strategies, and overall company goals.
  • Work closely with our risk team to identify potential risks related to load imbalances or forecasting errors and implement strategies to minimize financial and operational impacts.
  • Track, analyze, and report on load management performance, providing insights and recommendations to improve forecasting accuracy and operational efficiency.

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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