Manager, Market & Asset Operations

Fervo Energy is advancing the next generation of geothermal energy to deliver 24/7 carbon-free power  combine subsurface engineering, horizontal drilling, and real-time data systems to unlock a clean, reliable energy resource built for the demands of modern power markets.

As Fervo's geothermal assets enter commercial operation in CAISO, we are building the market operations infrastructure to protect revenue, meet compliance obligations, and position the business for growth in a complex ISO environment. This role is the owner of that execution layer.

Manager, Market & Asset Operations owns Fervo's day-ahead market interface in CAISO and is accountable for the quality and financial performance of geothermal assets from bid execution through handoff to real-time operations. You will serve as the primary point of contact for the Scheduling Coordinator relationship, coordinating closely with Plant Operations, Process Engineering, Interconnection partners, the customers, and internal Asset Management stakeholders to ensure market participation accurately reflects plant conditions, outage plans, and operating constraints at all times.

This role operates at the intersection of commercial performance and operational discipline. You will support revenue optimization, market performance analysis, validate settlements, maintain the process controls and documentation that reduce single-point execution risk. You will work with Governmental and Regulatory Affairs to apply your asset optimization expertise to influence market design opportunities for enhanced geothermal resources. You will also provide day‑to‑day coaching and guidance to Associates and Analysts on the team.

CAISO Market Interface & Bid Execution

• Own the forward market interface and bid execution process for Fervo's geothermal assets in CAISO, ensuring participation is accurate, timely, and consistent with asset capabilities and operating constraints required to deliver our bundled products.
• Manage the asset optimization in the market including master file and GRDT updates, outage management in OMS, and other CAISO readiness requirements across the asset portfolio.
• Maintain a strong working knowledge of CAISO market rules and support readiness for Resource Adequacy, Renewable Energy Credits, and related compliance obligations.
• Propose commercial term revisions required to optimize revenue during Power Purchase Agreement amendment negotiations.

Scheduling Coordinator & Stakeholder Management

• Own the Scheduling Coordinator relationship end‑to‑end, including issue resolution, operating parameter alignment, testing schedules, and ongoing process controls.
• Lead cross‑functionally and own the coordination across Plant Operations, our off‑takers, and interconnection partners to ensure market participation accurately reflects plant conditions, outage plans, testing constraints, and capacity limitations.
• Ensure the handoff from day‑ahead awards to real‑time execution is clearly documented, consistently executed, and operationally reliable.

Market Performance & Revenue Assurance

• Own revenue realization, market performance analysis and settlement validation in partnership with internal and external stakeholders.
• Work with Governmental and Regulatory Affairs to identify and advance market design opportunities that improve geothermal asset participation and value capture in CAISO.
• Track and report on market performance trends, identifying execution gaps and recommending process improvements to leadership.
• Align asset performance in the market with contracted terms of any power Purchase Agreements.
• Provide regular communication of revenue optimization and market dynamics to internal stakeholders, provide optimization recommendations to leadership.

Process Controls & Team Development

• Build and maintain Commercial Operating desk procedures, escalation paths, and process documentation that reduce single-point execution risk and establish repeatable operational controls.
• Provide day‑to‑day coaching and guidance to Associates, Analysts or Interns, developing team capability alongside execution quality.
• Drive continuous improvement across market operations…