Senior Director. Power Marketing Optimization and Analytics

Senior Director, Power Optimization and Market Analytics Department:
Power Markets

Reports to:

Senior Vice President of Power Markets

Location:

Austin, Denver, or San Francisco. Work arrangement:
Hybrid, Tuesday through Thursday in office

Compensation: $190,000 to $230,000 annually, plus a 30% target annual bonus

About Lightsource bp Lightsource bp is on a mission to become a global leader in onshore renewables, building on our proven track record in solar development.

For more than a decade, we have worked to diversify how the world is powered through sustainable and responsible renewable energy. We safely deliver affordable, reliable, utility-scale renewable energy and storage solutions that support decarbonization, sustainable growth, and energy security.

Lightsource bp was fully acquired by bp in 2024.About the Role The Senior Director, Power Optimization and Market Analytics will lead the team responsible for analyzing, structuring, and executing merchant revenue opportunities across Lightsource bp’s U.S. portfolio. This includes energy, capacity, Renewable Energy Certificates, ancillary services, and other commodities.

This leader will oversee the U.S. power markets analytics function, establishing high analytical standards and providing decision-quality insights for more than 3 GW of operational assets and an expanding development pipeline. The role will also lead revenue optimization modeling for operating assets and battery energy storage system revenue analysis for development-stage projects.

As a senior subject matter expert, this position will provide leadership on RTO and ISO markets, FERC regulations, energy policy, and other developments affecting the value of utility-scale solar and storage assets.

What You’ll DoLead the team responsible for structuring commercial transactions involving merchant energy, capacity, RECs, ancillary services, and other commodities across multiple regions and contract tenors.

Lead revenue optimization modeling for operational assets and BESS revenue modeling for development projects.

Develop and implement risk mitigation strategies for merchant and partially contracted revenue streams.

Negotiate bilateral commodity contracts and commercial arrangements with utilities, trading companies, and other wholesale market counter parties.

Oversee revenue management and optimization across the operational portfolio.

Lead negotiations for third-party scheduling, market participation, and asset optimization services.

Develop strategies to manage Day-Ahead and Real-Time spreads, basis risk, congestion, curtailment, and other market exposures.

Monitor portfolio performance and identify opportunities to improve revenue and risk-adjusted returns.

Present revenue performance, market outlooks, portfolio risks, and optimization strategies at quarterly board meetings and senior leadership reviews.

Evaluate developments across U.S. power markets, energy policy, RTO and ISO rules, and FERC proceedings.

Partner with Development, Finance, Asset Management, Legal, Commercial, and other teams to support investment and portfolio decisions.

Develop innovative market pricing structures and commercial strategies for solar and storage projects.

Recruit, develop, and lead a high-performing team of power markets and analytics professionals.

What You’ll Bring Bachelor’s degree in finance, economics, engineering, mathematics, energy, business, or a related field. A master’s degree is preferred.

At least 10 years of experience in power markets, energy trading, commercial optimization, market analytics, origination, or a related field.

Experience in solar, storage, renewable energy, an independent power producer, a utility, or the broader clean-energy industry.

Strong knowledge of wholesale power…