Commercial Manager, Power Markets

Job title:

Commercial Manager, Power Markets

Company:

Lightsource bp

Job description

Job Title: Commercial ManagerDepartment: Europe Power MarketsReporting to: Senior Manager Power MarketsLocation: Milan, ItalyAbout Lightsource bpWe are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.Lightsource bp was fully acquired by bp in 2024.What You’ll do (the role)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 RfPs for Route to Market contracts of the off-take for renewable and BESS projects, including uncontracted environmental attributes minimising basis risk to any virtual PPAs or CFDs.

• Support on pricing and contractual terms of potential deal structures for our renewable and BESS pipeline. 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 RES 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 and BESS 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 forKNOWLEDGE AND EXPERIENCEMandatory/Required

• 3-5 yrs. of industry experience, with strong internal stakeholder and external market engagement.

• Strong understanding of fundamental drivers in the European power markets

• Good knowledge of the Italian electricity market and European energy policy and regulation in relation to renewables, BESS and PPAs

• Familiar with power purchase agreements and other energy sales structures.

• Familiar with RES auctions, environmental attributes, embedded benefits, , capacity market, tollings and other relevant sources of value for a renewable or storage project.

• Proficient in MS Excel, Word and PowerPoint

• Experience in negotiating PPAs with utility off-takers

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.

• Understanding of energy price risk management and hedging approaches

• Solid track record in structuring, negotiation and execution of deals with commercial approach.

PERSONAL QUALITIES

• Good interpersonal, leadership and collaboration skills.

• Strong project and process management skills.

• Highly self-motivated and organized individual with ability to work to transaction deadlines.

• Ability to communicate clearly in English and preferably other European languages aligned to our pipeline.

• Willing and able to travel in Europe as required

Why you’ll want to work for usOur company is a place where you can be yourself and grow, a place where your ideas and opinions matter.Be youWe pride ourselves on being an inclusive community, where every individual is valued and treated with respect.Be responsibleOur culture is driven by our core values – from operating safely to ensuring our projects are responsible.Be recognisedAlongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.Be inspiredBeyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.Our core valuesLightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.

Expected salary

Location

Milano

Job date

Wed, 21 May 2025 00:06:32 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (vacanciesin.eu) you saw this job posting.