Job Title: Director of Power Resources
Salary: $200,000 – $240,000/year
Job Type: Full-Time
Location: Requires California residency. Peninsula Clean Energy is a remote-first work environment with a preference to hire staff that live in or within a 100-mile radius of San Mateo County, CA. Employees will be expected to attend in-person meetings on a monthly to quarterly basis at the Peninsula Clean Energy office located in Redwood City, CA.
Are you ready to work for a cutting-edge clean power organization that is changing the world and leading the industry in power innovation? Do you want to be the first to deliver 100% 24/7 clean energy to over 300,000 electric customers? If so, come grow with us as we address climate change and lead the way forward with clean energy solutions. Peninsula Clean Energy is a dynamic, non-for-profit joint powers agency of 35+ professionals that is seeking a strategic leader for the position of Director of Power Resources (Director). The Director is a key executive leadership role at Peninsula Clean Energy reporting to the Chief Executive Officer and working with members of the senior leadership team to develop, position and carry out the organization’s strategic energy priorities. Qualified candidates must have an ability to design and manage Peninsula Clean Energy’s wholesale power portfolio and the ability to build and lead a skilled technical, financial/economic, operational, and analytical team.
The Director of Power Resources leads a procurement team that is responsible for a portfolio of resources that meets Peninsula Clean Energy’s annual 3500 GWh load with an energy budget of $250MM+. The Director and the power resources team will also make Peninsula Clean Energy’s aggressive renewable and climate goals a reality, including the goal of serving our customers with 100% 24/7 renewable energy by 2025. Working in close collaboration with the CEO and CFO, this position provides leadership, direction and strategic vision in varied and complex activities related to power management programs and issues, including short and long-term resource planning and acquisition, portfolio and risk management policies, long term energy contract development, contract negotiation and administration, resource operations planning, power trading and scheduling.
The Director of Power Resources will also interact with various public, legislative, and regulatory agencies. The power resources team is responsible for the preparation of regulatory compliance reports focused on resource procurement and integrated resource planning, climate impacts, annual greenhouse gas inventory, and emissions reporting. The position will be responsible for preparing staff reports and informational material for the Peninsula Clean Energy Board and the public regarding power supply agreements and services to support power procurement.
The salary for this position is commensurate with experience. Peninsula Clean Energy offers a competitive benefits package. More information is available below and at www.peninsulacleanenergy.com.
The Director of Power Resources has responsibility for Peninsula Clean Energy’s wholesale energy supply procurement and management, resource planning and analysis, and compliance reporting. The Director works with project developers, electric service providers, energy brokers, and external technical consultants to identify power supply opportunities that are appropriate for Peninsula Clean Energy’s power mix and product offerings. The incumbent will be responsible for administering request for proposal (RFP) processes and assessing unsolicited proposals for energy supplies that meet Peninsula Clean Energy’s product mix requirements, including renewables, energy storage, green-house gas free, financial products, and conventional energy supplies. Other responsibilities include research and due diligence on prospective suppliers, contract negotiation and administration of power purchase agreements, contractor performance monitoring and dispute resolution, invoice validation, issue identification and compliance oversight.
Essential Duties and Responsibilities
- Lead the development of optimizing strategies for resource planning, wholesale power contracting, operations planning, risk management and power scheduling to ensure maximization and cost effectiveness of opportunities
- Keep abreast of developments in resource planning processes and analytics and in energy resource technologies
- Seek out new technologies such as storage and other innovations from public or private sources, and evaluate new supplies as appropriate
- Continue development of and implement strategy to meet Peninsula Clean Energy’s goal to serve customers with 100% 24/7 renewable energy
- Develop and manage comprehensive budget for energy procurement needs
- Forecast near-and long-term energy demand taking into account historical usage, economic growth, installation of behind the meter solar and storage as well as building and transportation electrification
- Procure energy to meet internal targets and regulatory requirements for carbon free and renewable energy at the lowest cost
- Oversee and delegate RFP processes for renewable, energy storage, greenhouse gas free, financial products, conventional power, and resource adequacy, and assess unsolicited proposals
- Review, analyze, and recommend proposals for electric power supply submitted to Peninsula Clean Energy by developers and brokers
- Lead the participation in interactions with power developers during pre-contract discussions, contract negotiations and Board discussion
- Negotiate and write contracts for the purchase and/or sales of electric resources
- Administer Peninsula Clean Energy’s power contract portfolio, evaluate the resource portfolio and recommend adjustments as needed
- Manage the performance auditing and monitoring for existing supply contracts
- In consultation with CFO and other senior leadership, develop and administer risk management policies
- In coordination with CFO, manage Peninsula Clean Energy’s counterparty credit exposure risk and recommend policies and contractual terms to limit risk
- Direct third-party scheduling coordinator for load and renewable resources scheduling in CAISO consistent with hedging and portfolio strategies, contract terms and risk policies including setting price benchmarks, evaluating impact of scheduling strategies, and reporting internally on results
- Manage Peninsula Clean Energy’s scheduling, settlements and other interactions with CAISO
- Prepare and/or manage the preparation and update of Peninsula Clean Energy’s integrated resource plan per the requirements of the CPUC and SB350
- Manage and administer Peninsula’s various renewable energy certificate accounts within the WREGIS system
- Manage and/or prepare compliance reports and materials related to Peninsula’s power supply, including those required by the California Public Utilities Commission (CPUC), California Energy Commission (CEC), California Air Resources Control Board (CARB), and the Department of Energy (DOE), and others
- For Green-e certified products, ensure compliance with Green-e standards and complete annual verification process
- Represent Peninsula Clean Energy on external agencies’ task forces and working groups including working with California Community Power and CalCCA
- Coordinate with senior leadership on strategic priorities, developing and implementing strategic planning
- Represent Peninsula Clean Energy at conferences and other external meetings
- Prepare and present information and recommendations to staff and Board in assessing and identifying market opportunities for the organization
- Stay abreast of trends in wholesale power markets, renewable energy industry, and regulatory developments that may impact Peninsula Clean Energy’s power supply portfolio
- Support the development of employees that results in improved performance and meaningful contributions to the organization
- Create and enable a work environment that builds talent to ensure the continuity of leadership for the organization
- Lead effective development and ongoing implementation of operational processes
Candidate Qualifications & Requirements
- Bachelor’s degree in engineering, finance, economics, or related field
- Minimum of 12 years of progressively responsible experience at an electric utility, municipal utility, a Community Choice Aggregation program, renewable energy developer, power supplier, or in a closely related field
- Demonstrated management and leadership experience in power supply operations
- Technical experience in the utility industry is required
- A Master’s degree or MBA is desirable
- Demonstrable knowledge of techniques for managing a power portfolio
- Energy generation and storage technologies including carbon neutral electric energy, conventional energy, and renewable energy such as wind, biomass, geothermal, solar, concentrating solar, and hydroelectric
- Wholesale power procurement processes, power scheduling, energy hedging practices, and energy portfolio risk management
- The use of renewable energy certificates to support mandatory and voluntary compliance programs per California regulations and legislation using the Western Renewable Energy Information System (WREGIS)
- The California Independent System Operator (CAISO) settlement process and the components of settlement bills from the CAISO
- The structure and content of standard power purchase agreements for various resource types, including general terms and conditions and basic requirements
- California’s Renewables Portfolio Standard, Power Content Label and Power Source Disclosure program
- Regulatory reporting and compliance requirements of the California Public Utilities Commission (CPUC) and the California Energy Commission (CEC)
- Economics and financial analysis; familiar with modern analytical tools and techniques used in energy marketing activities
Skill and Ability To
- Oversee areas with substantial risk factors and potential liabilities that are mitigated through proactive, creative, consistent, and ethically sound recommendations and decisions
- Lead and participate in senior-level strategic planning processes
- Direct progressive and innovative procurement programs, policies, processes, and procedures that support the strategies of the organization
- Manage multiple priorities and quickly adapt to changing priorities in a fast-paced dynamic environment
- Manage team, projects, and time efficiently and coordinate the efforts of others
- Produce high-quality, professional memos, research, reports, requests for proposals and other written communication work products
- Speak clearly and concisely to deliver verbal information to Peninsula Clean Energy’s Board, executive management, staff teams, staff members, and other audiences
- Perform quantitative data and statistical analysis and effectively communicate results to others
- Apply strong analytical and problem-solving skills to evaluate contractor performance and potential project opportunities, and project siting, permitting and interconnection issues
- Interact professionally and establish and maintain effective working relationships with developers and power brokers, commercial partners, Peninsula Clean Energy staff and Board of Directors and others encountered during the performance of duties
- Effectively interpret and apply contract language and commercial agreements
- Manage consultants and legal resources
- Provide excellent attention to detail; demonstrate patience, tact, and courtesy at all times
- Demonstrate strong logistical and quantitative analysis skills
- Exercise sound judgment, creative problem solving, commercial awareness, effective dispute resolution, and interpersonal awareness
- Support occasional evening and weekend meetings as needed
- Work with intermediate and advanced MS Office functions, including Word, Excel, and PowerPoint
- Be part of a great team of committed and intelligent people
The Director is responsible for leading and supervising the Power Resources team, which currently includes three analysts and three managers. The Director is responsible for identifying personnel needs, providing direction, mentoring, and coaching the team.
Remote Working Model
At the current time, Peninsula Clean Energy has adopted a remote-first policy with work primarily performed from a home office. Office space is available in Redwood City (in San Mateo County) if preferred and under masking requirements. Employees are expected to live in California, within 100 miles of the Redwood City office. Employees will be expected to attend in-person meetings on a monthly to quarterly basis.
Salary and Benefits
Compensation is commensurate with experience. Peninsula Clean Energy offers a generous benefits package including:
- Individual, family, and domestic partner health (medical, dental, vision) insurance
- Retirement and employer matching contributions
- Health and dependent care flex spending account
- Long term disability benefits
- Cell phone and internet stipend for remote work
- Paid parental leave
- Paid vacation
This position will remain open until filled. Please submit application materials to: firstname.lastname@example.org with a subject line: “Director of Power Resources: Your Name”. Application materials must include:
- Cover Letter
- Responses to the Supplemental Questions listed below
- Please provide a summary of your experience and qualifications for the position.
- Describe your approach to building and managing a diversified power supply portfolio for a 3500 GWh load to minimize risk and cost. What factors would you consider and why? How would you go about procuring the supply? How would you integrate new and emerging technologies into the portfolio?
- Describe your experience and knowledge of the regulatory constraints facing Peninsula Clean Energy with regard to procuring the power supply. What approach would you use to meet these constraints?
- Describe your experience supervising managers and line-staff, and share a description of and the outcome of a challenging employee relations (i.e., discipline) issue you have had to address
About Peninsula Clean Energy
Peninsula Clean Energy is the community choice aggregation program (known as a “CCA”) for San Mateo County and portions of Merced County. Peninsula Clean Energy’s customer base includes almost 315,000 accounts, serving a population of 810,000, with a total electrical load of almost 4 million megawatt-hours. Our staff currently numbers 34 people, several additional outside consultants, and plans for growth going forward.
Peninsula Clean Energy’s mission is to reduce greenhouse gas emissions by expanding access to sustainable and affordable energy solutions. This includes providing cleaner power at lower rates with virtually GHG-free power as its standard power service. We have aggressive decarbonization goals including delivering 100% renewable energy on an hourly basis by 2025 and supporting our service territory in reaching comprehensive decarbonization for transportation and buildings by 2035. Peninsula Clean Energy is making significant and growing investments to advance these objectives, providing a full spectrum of programs and pilots to serve the community.
Peninsula Clean Energy is committed to complying with applicable laws, including the Americans with Disability Act and Fair Employment and Housing Act, ensuring equal employment opportunities to qualified individuals with a disability. Peninsula Clean Energy prohibits unlawful discrimination based on age, sex, or gender (including, but not limited to pregnancy, childbirth, breastfeeding or related medical conditions), genetic information or characteristics, gender identity, gender expression, race, color, ancestry, national origin, religion, creed, marital status, military or veteran status, sexual orientation, physical or mental disability, medical condition, or on any other basis prohibited by federal, state, or local laws.
The information contained herein has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The information also does not constitute either an expressed or implied contract, and these provisions are subject to change