Head of Power Marketing

Location: San Francisco, CA, Stamford, CT, New York, NY

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.  

But there’s more work to be done – that’s why we need you to join us.   

Working in Trading & Origination 

As Head of Power Marketing, you will be responsible for developing Statkraft into a leading market integrator in the PJM market, matching the needs of generators to electricity buyers. You will be responsible for developing and maintaining customer relationships within the mid-market and downstream customer segments. You will work closely with the PPA Origination and Portfolio Management teams, to implement and help shape business strategies. You will be a key contributor to the pricing and hedging of all deals within the team.

• Build out and take ownership of Statkraft’s power marketing business
• Identify, analyze, negotiate, and execute complex structured energy transactions in PJM with a focus on selling into the mid-market and downstream customer segment (e.g. Load Serving Entities, Municipal Energy Agencies, Energy Cooperatives, et.al.)
• Contribute to deal pricing and deal hedging, in coordination with other colleagues in the Origination and Portfolio Management teams 
• Maintain constant interaction with internal teams: credit, operations, and trading as necessary to advance target transactions 
• Build and maintain key relationships with various mid-market and downstream customers (end-users)
• In collaboration with Portfolio Management and Operations Teams, take care of day-to-day administrative issues related to the contracted portfolio 
• Create systems, processes and tools to help business scale 

• 5+ years of experience originating/marketing power within PJM 
• Well-connected with various power market players (industrials, utilities, funds, banks, trading houses, etc.) 
• Strong understanding of all US power markets, with emphasis on Eastern Interconnect and PJM  
• Experience and familiarity with standard and non-standard power contract terms as well as master trade agreements, such as ISDA and EEI 
• Strong commercial mindset and high level of initiative and self-motivation 
• Combination of entrepreneur spirit, quantitative analysis, attention to details and communication skills to drive growth and revenue 

What we offer  

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:  

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leaderships program like IMD   

• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds  

• The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet”  

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.  

Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.