Vice President Commercial (Battery Storage)

To lead the BESS commercial activities and team. To establish a deep understanding of wholesale power markets the battery storage markets including their competitive landscape relevant regulations and route to markets in markets where Masdar has and is expected to have a presence.

Define the route to market strategy and provide insight into how trading contracts should be negotiated and structured to optimise Masdars BESS revenue streams. Advise the team on how to incorporate AI and big data into commercial asset management processes.

Responsibilities

• Develop a deeper understanding 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 in those markets where Masdar has a presence or is expected to have a presence in the future. This will include understanding the different revenue streams battery storage (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 revenues
• Build internal market intelligence of the BESS markets and develop modelling capabilities to reduce reliance on external market advisors.
• Support the BESS team in the establishment of the BESS strategy in line with Masdars vision mission and overall strategy.
• Analyse and present to senior management

Market Modelling and analysis 

• Understand analyse and provide all commercial inputs required for business models required for 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
• Interpretation and ownership of any third party revenue curves and assumptions that are provided to Masdar as part of every day course of business but also specifically as part of M&A transactions

Develop monetisation strategies

• For both markets that Masdar has a presence or is expected to have a presence create country specific monetisation strategies to maximise the revenues to Masdar taking in to account risk credit accounting tax considerations etc

Team management and supervision

• Organize and supervise the activities and work of subordinates to ensure that all work within a specific team is carried out in an efficient manner which is consistent with operating policies and procedures.
• Provide on-the-job training and constructive feedback to subordinates to support their overall development.
• Management reporting on projects through project lifecycle especially the development process
• Liaise with energy storage teams to provide management reports on projects through the entire lifecycle.
• Track performance of developing and operational projects and ensure regular updates management reporting and deviations from targeted plans and performance.
• Contribute to the development and delivery of projects through providing advice and inputs from a business development perspective liaising with project delivery and technical teams to ensure that project objectives are met.

Reporting and application of data/AI tools

Using big data and AI tools develop a reporting strategy for the BESS including:

• Asset performance
• Trading performance
• BESS LTSA (availability RTE capacity testing etc)
• Asset Management / O&M team

Qualifications :

Preferred Qualifications 

• Bachelors degree in Business Administration Science Engineering or any other energy or sustainability related field

Preferred Experience

• 8 to 10 years of experience in roles involving utility scale renewable energy project development or large real estate projects
• Experience in BESS commercial performance metrics
• Experience in managing teams Experience in granular budgeting

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