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Commercial Manager Iberia, Power Markets

Job Title              Commercial Manager Iberia

Department       Europe Power Markets

Reporting to      Head of Power Markets 

 

What You’ll do (the role)           

 

SUMMARY

 

This role will play a key role in supporting participation in the power markets to enable the delivery of Lightsource bp’s development activity in Europe.  Collaborating with the wider Power Marketing Team and Development origination activity to support the commercial goals and objectives including pipeline development, auction participation, route to market contracting, and understanding regulatory and practical aspects of dispatching power in the market.  

 

DUTIES AND RESPONSIBLITIES

 

  • Track future developments with respect to wholesale market regulation, ancillary services, design and metering, etc.
  • Run procurement processes to secure physical route-to-market contracts for the off-take for solar projects and sell environmental attributes minimising basis risk to any virtual PPAs or CFDs.
  • Analyse and assess the pricing and contract terms of potential deal structures.
  • Interact with utilities to keep track of developments in the PPA market and evolving innovative solutions for power marketing to support development of the Lightsource bp solar pipeline.  
  • Understand metering, data flows and other key aspects of dispatching and scheduling power and develop processes to support our activities in the market with the relevant teams.
  • Support the process and managing the accreditation process for securing environmental attributes for projects.
  • Support structuring and negotiation of corporate and utility PPAs and other power sales activity. 
  • Follow and understand the RES auctions and support the development of bidding strategy and engagement in contracts.
  • Monitor and deliver all obligations, conditions precedent and commercial operations requirements from execution to operation to ensure successful commencement of offtake arrangements, including any ancillary agreements and activities required to achieve this.
  • Manage handover of PPA documentation to support transition of responsibility to Asset Management
  • Build pipeline of Corporate PPA opportunities with key renewables energy buyers in Europe working with others in the team including the Head of Strategic Partnerships.
  • Identifying and responding to tenders for renewable energy from Corporate offtakers.

 

Who we’re looking for 

QUALIFICATIONS, KNOWLEDGE AND EXPERIENCE

 

Mandatory/Required

 

  • Strong understanding of fundamental drivers in the European power markets
  • European energy policy and regulation in relation to renewables and PPAs
  • Familiar with power purchase agreements and other energy sales structures.
  • Familiar with RES auctions, environmental attributes, embedded benefits, and other relevant sources of value for a solar project. 
  • Understanding of energy price risk management and hedging approaches
  • Proficient in MS Excel, Word and PowerPoint
  • Experience in negotiating PPAs with utility off-takers
  • Solid track record in structuring, negotiation and execution of deals with commercial approach.
  • Strong project and process management skills with experience collaborating with multiple teams on simultaneous projects.
  • Good interpersonal, leadership and collaboration skills.
  • 3-5 yrs. of industry experience, with strong internal stakeholder and external market engagement.
  • Ability to communicate clearly in English and preferably other European languages aligned to our pipeline. 
  • Highly self-motivated and organized individual with ability to work to transaction deadlines.
  • Willing and able to travel in Europe as required

 

Preferred

 

  • Understanding of metering and connection protocols for solar pv with focus on how this interfaces with the route to market and dispatch activity. 
  • Strong project and process management skills with experience managing multiple teams on simultaneous projects.
  • Good interpersonal, leadership and collaboration skills.

 

Why you’ll want to work for us

 

Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.

 

Be you

We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

 

Be responsible

Our culture is driven by our core values. From operating safely to ensuring our solar projects are responsible and promote biodiversity.

 

Be recognized

Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.

 

Be inspired

Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. Initiatives to get involved with including our charitable causes, supporting our solar honey project or our net-zero by 2025 campaign.