Senior Power Consultant

OVERVIEW

Power cost is the single largest operational variable in Bitcoin mining — typically 60–80% of total site operating expense. Bitdeer operates both self‑mining facilities and deploys its own miners at third‑party co‑location sites under the host's power contracts and demand response programs. 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.

• 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 (RRS, ECRS, NSRS in ERCOT; ELRP, SRM, Economic DR in PJM).
• 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 (off‑peak, on‑peak, around‑the‑clock) 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 — targeting rate structures suited to 24/7 high‑density mining loads.
• Review and negotiate power pass‑through terms in co‑location agreements: energy rate mark‑ups, demand charge allocation, ancillary service cost sharing, and curtailment compensation provisions.
• 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 — including tariff classification, energy pass‑through rate, demand charge allocation, and ancillary service cost treatment.
• Evaluate the host's DR program and curtailment protocols; assess how DR dispatch events affect the company's mining uptime and net effective power cost.
• Benchmark the all‑in effective power rate at each co‑lo site against self‑mining alternatives; recommend renegotiation, DR program changes, or load migration with quantified impact on mining economics.

• Build financial models to project revenue and cost savings when proposing more cost‑efficient power strategies, directly supporting management decision‑making.
• Prepare periodic power cost reports (monthly, quarterly,…