Senior Manager, Commercial (Battery Storage)
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
To establish a deep understanding of wholesale power markets the battery storage markets including their competitive landscape and relevant regulations in the market area where Masdar is building presence.
To lead market analysis for BESS Commercial team. To define the route to market strategy and setup framework for trading contracts structure and negotiations methodology to optimise Masdars BESS revenue streams.
To advise the team on the ways to incorporate AI and big data into commercial asset management processes.
Responsibilities
- Must have a comprehensive overview of BESS markets
- Build a knowledge base of the fundamentals of electricity markets comprising of the wholesale power markets competitive landscape pertinent regulatory developments and their evolution for BESS markets globally especially those markets where Masdar has a presence or is expected to have a presence in the future. This will include understanding of the different battery storage revenue streams (including specifics of RES support schemes PPAs capacity markets ancillary services etc).
- Understand the impact of changes to regulatory frameworks and energy market designs and quantifying the effects of those changes on revenue.
- Build internal market intelligence of the BESS markets and develop modelling capabilities to reduce reliance on external market advisors.
- Contribute to the development and embedding of BESS strategy in line with Masdars vision mission and long term goals.
- Keep abreast of any changes analyse and present BESS market updates/highlights to senior management.
Market modelling and analysis
- Understand analyse and provide commercial inputs for business models built to underpin and drive financial and investment decision making.
- Analyse short/medium/long-term developments in various power markets based upon a thorough understanding of market fundamentals regulatory developments renewable penetration storage growth etc.
- Interpret and own analysis of any third party revenue curves and assumptions provided to Masdar as part of normal course of business but also specifically as part of M&A transactions.
- Manage modelling and analysis of BESS related market assessments.
Development of monetisation strategies
- Create and manage country specific monetisation strategies to maximise the revenues to Masdar taking into account risk credit accounting tax considerations etc.
Management reporting for projects
- Liaise with energy storage teams to provide management reports on projects throughout the entire lifecycle.
- Track performance of both developing and operational projects ensure regular updates management reporting and focus on deviations from targeted plans and performance.
- Contribute to the development and delivery of projects by providing advice and inputs from a business development perspective liaise with project delivery and technical teams to ensure all project objectives are met.
Reporting and application of data/AI tools
Using big data and AI tools develop BESS reporting strategy with a focus on:
- Asset performance
- Trading performance
- BESS LTSA (availability RTE capacity testing etc)
- Asset Management / O&M
Qualifications :
Preferred Qualifications
- Bachelors degree in Business Administration Science Engineering or any other energy or sustainability related field Preferred Experience:
- 5 to 8 years of experience in roles involving utility scale renewable energy project development or large real estate projects
- Experience in managing BESS commercial performance metrics
Additional Information :
Job-Specific Skills
- Exceptional attention to detail
- Strong communication skills and able to work in a dynamic fast paced diverse environment
- Proven ability to manage multiple BESS projects from inception to RTB
- Advanced project management and negotiation skills
- Project finance budgeting skills Contract administration and legal skills
Masdar is one of the worlds fastest growing renewable energy companies and a green hydrogen leader placing the UAE at the forefront of the energy transition.
As a pioneer in advancing the clean energy sector and a key enabler of the UAEs vision as a global leader in sustainability and climate action Masdar has developed projects in more than 40 countries across six continents and has invested or committed to invest in worldwide projects with a combined value of more than US$30 billion.
Masdar unites the UAEs three energy champions Mubadala ADNOC and TAQA and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.
Promoting innovation in solar wind energy storage waste-to-energy and geothermal energy Masdar has a proven record of delivering pioneeringprojects using cutting-edge clean energy technologies that are commercially viable and bankable.
As part of the application process we will collect store and process personal information about you.
Masdar will use your personal information in accordance with our Candidate Privacy Notice which provides details on the purposes for which your data is processed.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Forecasting
- Hyperion
- Cost Management
- Construction Estimating
- QlikView
- Bus Driving
- Analysis Skills
- HubSpot
- Salesforce
- Market Research
- negotiation
- Financial Planning
About Company
Masdar is the UAEs clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in ... View more
