Manager, SPP Asset Optimization

about 2 months ago
Full time role
Hybrid · California, US... more
Company Overview
Intersect Power is a team of friends driven to preserve our planet for future generations through low-carbon energy and infrastructure solutions. Intersect Power is a privately held clean energy company bringing innovative, scalable, American-made, low-carbon solutions to its customers in global energy markets. We develop, own, and operate some of the world’s largest grid-tied clean energy resources, as well as co-located facilities for large industrial loads, including data centers, e-fuels, and other energy-intensive products. We are laser-focused on the largest, most transformative clean energy projects that decarbonize the existing power grid and bring new loads to clean generation without the need for new transmission. Intersect is redefining the scope of the clean energy industry by enabling new pathways between clean electricity and the broader economy. We are on an aggressive growth trajectory and are looking to fill key roles with talented professionals who want to make an impact.

Location & Team Gatherings
Intersect has been a fully flexible workplace since its founding in 2016.  We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office – we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area and  San Diego, CA; NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.

Overview of Department
Reporting to the Sr. Director, Trading, the Manager, SPP Market Optimization will be a key stakeholder in Intersect Power’s growth plans in SPP. This candidate will be the subject matter expert for the SPP market with deep experience analyzing hub and locational prices in SPP as well as an in-depth knowledge of basis


Responsibilities and Duties

  • Market Optimization: Lead efforts to optimize  market participation for solar, wind, and other energy assets in the SPP region, ensuring alignment with company goals.
  • Market Analysis: Internal SME on SPP market conditions, trends, and pricing, and ability to provide recommendations to capitalize on opportunities.
  • Collaboration with Origination & Trading: Work within our Origination and Trading team to develop strategies for energy sales, ensuring optimal performance in the market.
  • Regulatory Compliance: Stay informed of regulatory developments within the SPP market and ensure compliance with market rules and regulations.
  • Risk Management: Work closely with our Risk team to identify and manage risks related to market participation, optimizing bids, and forecasting energy prices to maximize profitability.
  • Collaboration with Development, Engineering, Business Development and External consultants: Work closely with internal and external teams to support aggressive renewable energy growth plans.

Qualifications and Skills

  • 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.

    • *A note on qualifications: Studies have shown that women and people of color are less likely to apply for jobs unless they believe they are able to perform every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and skill set for the role.

Physical and Sensory Requirements

  • Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone. 
  • Position is part of a remote team, with regular electronic and video communication
  • Position requires some travel for company-wide meetups: ~4 weeks total through a calendar year. 

    • Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email hr@intersectpower.com. 

Salary & Benefits

  • Salary: USD$140,000 - $150,000 base salary with 50% annual target bonus
  • Exceptional Healthcare: Access comprehensive medical, dental, and vision plans with 100% premium coverage for both you and your dependents. 
  • Financial Security: Benefit from a 3% non-elective employer contribution to your 401k, ensuring your financial future is on the right track.
  • Time Off: Unlimited Paid Time Off (PTO) +  two company-wide vacation weeks (Fourth of July & End of year). We believe in the importance of rest and relaxation.
  • Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting journey of parenthood.
  • Mental Health and Well-being: Access mental health and behavioral coaching services through Headspace providing you with the support you need to thrive both personally and professionally.
  • Family Planning Support: Navigate family planning with ease through our partnership with Carrot and Maven, ensuring a seamless experience for new parents.
  • Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats, pet insurance allowance, and $150 USD monthly phone & internet reimbursement. 
  • Tech-Ready: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair.

Note:  We welcome applicants who do not have current enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms. 

Unsolicited resumes or referrals from third-party recruiting firms or agencies are not accepted by Intersect Power.


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