Power / Energy Manager (Remote)

Position Summary: The role consists in (a) identifying and securing power procurement contracts for the development of Bitfury’s data-centers and (b) continuously managing and optimising power supply

Position Summary:

The role consists in (a) identifying and securing power procurement contracts for the development of Bitfury’s data-centers and (b) continuously managing and optimising power supply conditions for existing sites.

Duties and responsibilities

  • Originate and secure new sites and power procurement contracts well-suited for data-center development in Europe and Canada;
  • Manage a network of energy brokers and agents all over Europe and Canada;
  • Lead negotiations of power purchase agreements in collaboration with the respective departments and CEO;
  • Perform the necessary financial modelling to both inform power procurement terms for contracts under negotiation and regularly assess cost optimization opportunities for existing contracts;
  • Manage contractual relationships with energy provider;
  • Follow energy regulatory frameworks and assess the impact of potential changes on existing power contracts and new leads;
  • Interact regularly with Operation Department to optimize power consumption profile and costs;
  • Support global efforts regardless of region, stay flexible to support various initiatives that can result in incremental business/capital for Group Company.
  • Responsible for power forecasting, system requirement and resource schedules;
  • Oversee and develop cost inputs to capex and opex models, financial reports and needed documentation to CEO and main stakeholders;
  • Develop financial analysis and models and business cases;
  • Lead consultations and negotiations with the main stakeholders;
  • Lead effective internal communication and alignment on power and renewable plans, forecasts, budgets etc;
  • Provide market price models, forecasting and market trends analysis;
  • Provide best solutions to the business on market changes and adaptation opportunities;
  • Model and plan price optimization initiatives;
  • Lead company presentations and interactions with financial institutions to secure project funding;
  • Lead business development efforts for Group Company’s new potential ’sales channels’
  • Ensure that all local power compliance reports are completed;
Specific knowledge, skills and abilities:  

Must:

  • 5-year minimum experience in the power sector;
  • Understanding of power market structures, rules and ancillary services;
  • Ability to breakdown and model grid tariffs and ancillary services;
  • Proficient in financial modelling skills to define power procurement strategies;
  • Entrepreneurial mindset and ability to work autonomously.

As-a-plus:

  • Basic understanding of Bitcoin blockchain and mining economics;
  • Power trading experiences In deregulated markets;
  • Development and financing of power plants, including renewable assets;
  • Network of power providers and asset owners in Europe/Canada.