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Sr. Manager, Large Load Power Services

3 months ago

The Woodlands, United States Lancium Full time

About Us

Lancium is dedicated to accelerating the energy transition. We create technologies and build infrastructure that balance and stabilize the power grid and catalyze increased renewables generation, while also delivering 100% green energy at the lowest costs to consumers in energy-intensive industries. While AI and HPC data center workloads, and industrial processes like green hydrogen electrolysis and ammonia production drive immense demand for energy, the current grid simply cannot support the growth, and cannot do it with clean energy at scale. The transition demands innovation, and if you want to be at the heart of this transformation and growth, read on

Lancium is an energy technology and infrastructure company that enables low cost and fast-tracked access to 100% renewable resources via its strategically located portfolio of Clean Campuses and its Smart Response power orchestration software and solutions. We are backed by leading strategic and financial investors, have spent 6 years developing the infrastructure platform and are now rapidly accelerating the commercialization of our solutions into the market.

Job Summary

Reporting to the EVP, Power, the Sr. Manager, Large Load Power Operations will lead the company's retail and wholesale power operations for delivering energy management services to a multi-gigawatt portfolio of large generative AI loads. In this role, you be responsible for the processes, procedures, personnel, and systems required to provide services as a Retail Electric Provider, Demand Response Provider, and Asset Management.

What You Will Do

  • Build, lead, and mentor a high-performing Power Operations team, fostering collaboration, innovation, and continuous improvement.
  • Design and implement the processes, procedures and systems required to provide services as an Option 2 Retail Electric Provider, Demand Response Provider and Asset Management
  • Oversee day-to-day REP and QSE business activities including portfolio optimization, load/generation scheduling, market transactions, 24X7 operations and DA/RT bidding strategies
  • Deliver market intelligence and operational reports on a daily basis, as well as on-demand, to ensure that Lancium customers are fully informed about all aspects of their assets' commercial operations, current market developments, market fundamentals and energy/AS bidding recommendations.
  • Develop and maintain strong relationships with Lancium customers, understanding their business needs and objectives.
  • Ensuring adherence to all PUCT, ERCOT and other market and regulatory requirements related to being a REP and QSE
  • Actively monitor and manage credit, market, and operational risks to maintain business integrity and sustainability.
  • Lead the sourcing of physical energy supply from third-party providers to meet customer demands, optimizing cost and risk profiles while adhering to market regulations and contractual obligations.
  • Identify and expand supplier, mid-marketer and broker relationships to maximize market coverage and product offerings.
  • Establish protocols for executing trade and scheduling decisions for the following day's operations, involving hourly commitments in the Day-Ahead Energy Market, Day-Ahead Ancillary Service Market, and allocation of capacity for Real-Time Market dispatch based on pricing
  • Identify, evaluate, and implement credit solutions that allow servicing a large portfolio of customer load, while managing the corresponding ERCOT collateral exposures.
  • Assist with the customer billing process to ensure accurate and timely invoicing, working closely with the finance and customer service teams to resolve discrepancies and handle billing-related inquiries.

What You Will Bring

  • 5+ years of experience in the ERCOT wholesale and/or retail power markets
  • Proven track record in business development and team management.
  • Experience with building and/or leading teams
  • Experience with coding in Python and/or other equivalent languages
  • Strong knowledge of ERCOT market regulations and operations, including experience with QSEs.
  • Bachelor's Degree in Business, Engineering, or related field; MBA preferred.
  • Possess an entrepreneurial, self-directed spirit and proven track record of project execution, with exceptional interpersonal and communications (verbal and written) skills
  • Strong understanding of risk management policies and procedures.
  • Proficient in data analysis and financial modeling.

What We'll Provide

  • Our benefits and perks add to a total rewards experience for our employees that foster a supportive, flexible, and inclusive environment. Current full-time employee benefit offerings include:
  • Employer-subsidized health, dental, and vision benefits
  • $50,000 of basic term life insurance coverage paid for by Lancium, as well as 100% of short-term disability premiums. Additionally, we provide options for additional life insurance coverage for employees, their spouses, and children. Employees also have the option to enroll in long-term disability coverage (LTD) at their own expense.
  • Medical and Dependent Care Flexible Spending Accounts, Limited Purpose Flexible Spending Accounts, and Health Savings Accounts (with employer contribution; $400 employee only coverage, $700 for all other tiers of enrollment in our HDHP).
  • Healthcare Reimbursement Account for eligible out of network expenses
  • Hybrid work structure
  • Flexible (Unlimited) Time Off
  • Paid parental leave
  • 11 paid holidays
  • Fidelity safe-harbor 401(k) with 100% match up to 4%