Renewable Energy Commercial Specialist

3 days ago


London, Greater London, United Kingdom Octopus Renewables Full time
About Octopus Renewables

Octopus Renewables is a leading investor in utility-scale renewable energy assets, with a global portfolio of over £7 billion. We're dedicated to building a diverse team that reflects the communities we serve.

The Role

We're seeking a highly analytical and numerate individual to join our Energy Markets team as a Commercial Risk Manager for Renewable Energy. As a key member of the team, you'll be responsible for developing and implementing revenue hedging strategies across our assets and funds.

Key responsibilities include:

  • Originate and execute Power Purchase Agreements (PPAs), managing exposure to wholesale power prices and including route-to-market arrangements for potential acquisitions and new technologies like battery storage.
  • Share your power markets expertise with the wider team, being consulted on during asset acquisition processes and for new market entry.
  • Oversee adherence to risk management procedures, including managing and reporting on fund hedge positions.
  • Prepare reports providing timely and accurate updates to the wider OEG team for inclusion in reporting to OEG's key stakeholders.
  • Monitor relevant energy market regulations and drivers to provide succinct analysis for the wider team and investors.
  • Analyse external advisors' power price forecasts, methodology, and key drivers to inform the asset valuation process.
What We're Looking For

We're looking for an individual with experience within renewables or the wider energy sector, ideally focused on originating and executing PPAs and/or understanding electricity market dynamics and associated risks.

Key skills and qualifications include:

  • Excellent understanding of power market structures and awareness of key risk factors in PPA negotiations (experience with battery storage route to market agreements is a bonus).
  • Highly analytical and numerate with experience working with large data sets in Excel, capable of analysing, modelling, and interpreting data effectively.
  • Strong attention to detail and accuracy.
  • A motivated individual looking to further develop their commercial and financial skills within a collaborative team environment.
  • Exceptional project management and organisational skills.
  • Ability to manage complex workloads in a fast-paced environment.
  • Strong commercial mindset, able to understand the impact of commercial positions on investments and existing portfolio assets, with the aptitude and desire to take increasing ownership over commercial decision-making.
  • Flexibility and a 'can do' attitude with a willingness to learn and support others.
Why Join Us?

At Octopus Renewables, we're committed to creating a unique culture that empowers our people to learn, decide, and build quickly. We offer a collaborative team environment, autonomy, and a wide range of opportunities for growth and development.

We're an equal opportunities employer and welcome applications from diverse candidates. If you're passionate about renewable energy and commercial risk management, we'd love to hear from you.



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