Director of Power Market Operations

 Posted a day ago
     
 $175K per year
  
5-10 years experience
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AI Summary

The Director of Power Market Operations manages day-ahead bidding strategies and real-time market exposure for the company's U.S. renewable energy fleet. This role also oversees revenue optimization tools, market readiness for new projects, and provides analytical support for financial and asset management teams.

Join Zelestra: Powering a Carbon-Free Future

At Zelestra, we’re helping shape the future of clean energy across the United States. Headquartered in Arlington, Virginia, our U.S. business is developing a 16.6 GW portfolio of renewable energy projects, with nearly 1.4 GW of solar currently under construction. Backed by EQT, we combine global expertise with local insight to deliver reliable, innovative energy solutions for businesses, industries, and communities while advancing a carbon-free future.

Position Snapshot

Industry:  Utility-Scale Renewable Energy  
Location: U.S. 
Job Type: Remote l Full-Time | Permanent 
Role Reports To: VP, Commerical Operations

Position Summary

The Director of Power Market Operations leads day-ahead bidding and manages day-ahead and real-time market exposure, while advancing the data, analytics, and systems that support forecasting, settlements, revenue attribution, and scalable revenue optimization. 

Position Qualifications

  • Bachelor’s degree in engineering, economics, finance, mathematics, or a related field; advanced degree preferred.
  • 7+ years of hands-on power market experience, including day-ahead bidding, real-time operations, and/or settlements.
  • Strong knowledge of ERCOT and MSIO required and PJM a plus.
  • Experience with renewable production forecasting, bidding under uncertainty, and RTO settlement reconciliation.
  • Ability to define analytical tools and processes and partner effectively with technical teams; SQL/Python experience is a plus.
  • Familiarity with PPA/hedge settlements, nodal basis, and congestion exposure preferred.
  • Comfortable owning daily market operations in a lean, hands-on environment.

Position Responsibilities

  • Own day-ahead market participation and bidding strategy for Zelestra’s U.S. operating fleet, managing DART exposure across DA-settled PPAs and real-time generation sales.
  • Own the commercial requirements and daily use of revenue optimization tools supporting forecasting, bidding, settlements, DART analytics, and P&L attribution.
  • Establish and continuously evaluate a disciplined, policy-based bidding strategy using forecast confidence, market conditions, and measured performance.
  • Lead monthly revenue attribution, including forecast error, bidding performance, nodal basis/congestion, and market uplift.
  • Lead market readiness for new projects, including QSE onboarding, registrations, collateral, telemetry, bidding workflows, and market-specific playbooks.
  • Manage forecasting, QSE, market services, and data/software vendors.
  • Assess nodal basis and congestion exposure and support evaluation of CRR/FTR and other hedging opportunities.
  • Maintain short-term commercial risk controls, including offer limits, escalation protocols, and uplift monitoring.
  • Support Structured Finance, Asset Management, and M&A with merchant revenue analysis, diligence, and market intelligence.

Compensation and Benefits

The anticipated starting salary for this role is $175,000 annual plus a competitive bonus structure.  Actual pay will vary depending on job-related factors, such as the candidate’s experience and qualifications.

 

Zelestra offers a comprehensive benefits package including:

  • Medical, dental, and vision insurance
  • Employee Assistance Program (EAP)
  • Flexible Spending Accounts (FSA)
  • Life insurance
  • Paid holidays and paid time off
  • Retirement savings benefits

 

Zelestra is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic as established by law.

 

 #LI-SG1 
#LI-REMOTE 

Let's co-build a carbon-free tomorrow!

Visit us at zelestra.energy

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