Energy Storage Optimization Lead
- Posted 12 November 2023
- Salary Competitive Salary (DOE)
- LocationUnited States of America
- Job type Permanent
- Discipline Renewable Energy & Infrastructure, Energy Storage & DSR
- ReferenceRKLI-1AUG23
- Contact NameRegan Kinder
Job description
The Green Recruitment Company is working with a highly reputable Solar & Energy Storage Developer, with a growing portfolio of over 23GW, to support their search for an Energy Storage Optimization Lead. This role will be responsible for managing 3rd party energy storage techno-economic modeling; providing recommendations for energy storage sizing, dispatch, and strategy; and communicating those results effectively in both written and verbal formats. In addition, this position will provide forecasted energy storage revenues (based on optimized dispatch) utilizing capacity, energy and ancillary services price forecasts provided by the structured markets team as inputs.
The successful candidate should have experience modeling energy storage, evaluating RFPs and successful response strategies, and deep knowledge of all the critical levers impacting energy storage sizing and revenues. This cross-functional position requires technical knowledge of energy storage, basic financial modeling skills, and knowledge of storage dispatch, interconnection, and market rules.
Responsibilities
Energy Storage Optimization – Manage external/ internal optimization of storage in support of RFP responses, interconnection/development decisions, and M&A efforts
Evaluate and optimize economic use-cases for proposed projects
Provide forecasted energy storage revenues (based on optimized dispatch) utilizing market price forecasts provided by other team members as inputs
Consider capacity, energy, ancillary services and any other revenue streams available to maximize project economics
Proactively obtain all inputs needed to model storage for a given project from both internal and/or external sources
Model physical and financial impacts of cycle life, calendar life and RTE degradation (as provided by EPC team)
Optimize systems to maintain useable capacity and performance
Optimize investment tax credit benefits
Provide Storage RFP bid configuration and dispatch recommendations (sizing, use case, cycling, augmentation plan)
Co-optimize solar and storage as required
Coordinate/track storage bidding efforts with Origination/Finance/EPC including financial model input management.
Provide Storage Proposal write-up support
Support storage siting and market analysis through storage revenue forecasting
Manage team members as they are added to the Optimization team
Ad Hoc storage research/analysis as required to inform storage modeling efforts including storage market participation and interconnection rules – in coordination with other teams
Qualifications
4-year college degree required, advanced and/or technical degree preferred
Energy storage modeling experience required
Basic financial modeling experience required
3+ years experience in the renewable energy / energy storage industry preferred
Knowledge of technical performance characteristics of energy storage included degradation, cycling, state of charge, aux loads, and round-trip efficiency required
Knowledge of energy storage policies impacting project economics including investment tax credits required
Knowledge of ISO/RTO dispatch rules for energy storage required
Proficiency in Microsoft Office – Excel, Word, Power-Point, etc. required
Programming experience in R or Python and SQL a plus
AI dispatch / real time predictive analytics experience a plus