Senior Power Consultant

Role Description

The Senior Power Consultant will serve as the internal expert on wholesale and retail energy markets, demand response, risk management, and power procurement across ERCOT, PJM, and additional deregulated markets.

Qualifications

• Minimum 3 years of direct, hands-on experience at a QSE, power marketing company, IPP, or energy consultancy with QSE-level trading responsibilities.
• Demonstrated track record executing DA and RT scheduling in ERCOT and/or PJM; familiarity with at least one additional ISO/RTO (MISO, SPP, CAISO) is valued.
• Proven ability to design and manage industrial Demand Response programs in deregulated markets, with measurable cost or revenue outcomes.
• Hands-on experience structuring block energy hedges and forward power positions for large industrial or commercial load customers.
• Track record negotiating power supply agreements with demonstrable improvements to contract terms.

Requirements

• Coordinate with the company's REP and QSE in ERCOT, PJM, and other deregulated wholesale markets to execute DA and RT power scheduling aligned to mining load profiles and price forecasts.
• Monitor market pricing, ancillary service markets, demand response products, and settlement statements for cost recovery and continuous optimisation.
• Design, implement, and optimise curtailment programs to maximise DR revenue and reduce net power cost.
• Build real-time DR dispatch models aligned to miner curtailment, RT price spikes, grid emergencies, and ancillary service opportunities.
• Coordinate Coincident Peak (4CP) curtailment strategy using available market intelligence; advise site operations on execution timing.
• Report DR performance metrics to management and regulatory bodies; ensure ongoing program compliance.
• Produce DR revenue reports and settlement reconciliations for the management team.
• Develop and execute a forward power hedging framework to reduce exposure to market price volatility.
• Structure block energy purchases calibrated to the company's load shape and budget constraints.
• Provide regular mark-to-market reporting, hedge ratio analysis, and strategy recommendations to leadership.
• Manage financial hedging instruments; prepare cost exposure reports including margin call risk assessments.
• Lead or support negotiations for PPAs, REP contracts, and QSE agreements at self-mining sites.
• Review and negotiate power pass-through terms in co-location agreements.
• Monitor co-lo power costs and recommend renegotiation or site migration where material savings are achievable.
• Coordinate with legal counsel to finalise contract terms, exit provisions, force majeure clauses, and curtailment rights.
• Track and interpret FERC, PUCT, PJM, ERCOT, and state-level regulatory developments affecting wholesale and retail power markets.
• Assess the impact of regulatory changes on the company's power cost, DR eligibility, curtailment obligations, and market participation rights.
• Maintain real-time market surveillance dashboards covering price forecasts, capacity outlook, fuel indices, and weather-driven volatility.
• Publish monthly and quarterly power market reports for executive leadership with actionable strategy recommendations.
• Revise DR strategies, hedging positions, and contract laddering schedules in response to market evolution.
• Conduct a structured audit of power terms received at each co-location site.
• Evaluate the host's DR program and curtailment protocols.
• Benchmark the all-in effective power rate at each co-lo site against self-mining alternatives.
• Build financial models to project revenue and cost savings when proposing more cost-efficient power strategies.
• Prepare periodic power cost reports encompassing all sites and operational models.

Benefits

• Equal employment opportunities in accordance with country, state, and local laws.
• No discrimination against employees or applicants based on various conditions such as race, color, gender identity, sexual orientation, and more.