Director, Market Operations & Optimization

Company Overview:

Copia Power is an energy transition company committed to developing, constructing and owning large-scale infrastructure assets in the U.S. to accelerate decarbonization in all areas of our economy. Copia Power is actively developing more than 15 GW of solar and energy storage projects in the US. Copia Power is backed by Carlyle, one of the world’s largest global investment firms.

At Copia, we pride ourselves on a culture where sustainability is at the heart of everything we do. We’re dedicated to making a meaningful impact on the environment, and we believe that achieving this goal requires not just hard work, but also enjoying the journey. Our team thrives on connectivity, fostering strong relationships across all levels of the organization. We champion a healthy work-life balance and create an environment where having fun is a natural part of our day. Together, we combine passion and playfulness to drive progress and make a difference.

Job Description:

Copia is looking for a Director of Market Operations & Optimization to oversee the optimization and risk management of our growing fleet of utility-scale battery energy storage projects. This role is crucial in supporting offtake strategies that involve merchant risk or trading optimization via PPAs, requiring meticulous planning and execution. The market operations and optimization team will be tasked with developing and implementing effective bidding strategies.

The Director of Market Operations & Optimization will report directly to the Chief Operating Officer. The Director will work closely with Copia’s development, asset management, energy markets, legal, and finance teams to ensure projects are delivered on budget, effectively managing physical assets, contract relationships, and market participation strategies.

Key Responsibilities:

·        Engage with asset managers and Qualified Scheduling Entities (QSE) service providers to effectively implement strategies and manage real-time dispatch.

·        Develop and implement comprehensive strategies to maximize the efficiency and profitability of each storage asset

·        Contribute to the development of bid and offer curves for storage assets. This involves analyzing market conditions and asset performance to create curves that maximize profitability and competitive positioning. Manage third party scheduling coordinators and energy managers.

·        Oversee the creation, regular updating, and detailed interpretation of daily reports and model results.

·        Offer specialized technical expertise and market insights to support negotiations of offtake contracts.

·        Improve market intelligence to refine bidding strategies and enhance revenue generation for renewable energy facilities.

·        Conduct in-depth analysis of market congestion issues concerning the locations of assets including internal and third-party modeling and management.

·        Perform thorough research and analysis of historical datasets to identify and understand statistical relationships and trends.

·        Stay abreast of current market trends, evolving ISO protocols, and regulatory rule changes that could affect performance under revenue contracts.

Work closely with various internal teams, including Energy Markets, Commercial Team, Asset Management, and Operations & Maintenance (O&M), to ensure cohesive and aligned efforts across all aspects of energy market participation and asset management.

·        Develop internal tools to optimize the expected generation of storage and hybrid projects vs future market outcomes to provide proposals to customers.

·        Provide a feedback loop to incorporate operational performance and current market dynamics into model assumptions for dev assets and contracts.

Minimum Qualifications:

·        10 or more years of experience in the renewable energy industry.

·        Bachelor’s degree in Business, Engineering, Finance, or related field.

·        Demonstrated team building and leadership skills.

·        Demonstrated experience in energy markets. Battery storage a plus.

·        Strong quantitative skills. Excellent written and verbal communication skills, and the ability to communicate effectively with all levels of management and external parties.

·        Ability to maintain a safe-conscious work environment by following Copia’s established safety protocols and safe work practices.

·        Demonstrate the ability to integrate work across relevant areas, manage risks and safety appropriately, develop and execute business plans, manage information, and provide exceptional service to internal and external stakeholders.

·        Demonstrate effective resource and project planning, decision making, results delivery, team building, and the ability to stay current with relevant technology and innovation.

·        Demonstrate strong ethics, influence and negotiation skills, interpersonal skills, and the ability to effectively manage stress and engage in continuous learning.

·        Team player and can collaborate with other teams and leaders in the organization.

·        Ability to work out of a Copia hub location a minimum of 3 days per week.

·        Ability to travel up to 30%.

Our Benefits:  

We work hard to embrace diversity and inclusion and encourage everyone at Copia to bring their authentic selves to work every day. We offer flexible work hours and generous benefits to all of our employees that include:

- Medical, Dental & Vision Coverage (with no premiums)

- 401(k) plan

- Annual bonus eligibility

- Flexible work hours

- Unlimited Paid Time Off

- Wellness Credit

- Life and LD&D Insurance

- Employee Resource Groups

- Professional Development Opportunities

About Copia: Copia Power (“Copia”), is a wholly owned portfolio company of the global investment firm, The Carlyle Group. Copia’s platform is focused on developing, owning, and operating utility-scale sustainable infrastructure in the United States. We value diversity and are committed to creating an inclusive environment for all employees. For more information, visit www.copiapower.com. 

At Copia, we value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment & do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.