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Bitfury
$50k - $80k estimated
This job is closed
Position Summary:
The role consists in optimisation of daily power procurement processes and support in identifying, securing power procurement contracts for the development of Bitfury’s data centers in Norway/Sweden and Canada.
Duties and responsibilities
- Permanent review of Company’s current contract prices;
- Identification of market opportunities and potential new suppliers, execute contract re-negotiations;
- Define tactics and methods:
- Define and refine electricity purchase tactics;
- Refine methids of electricity cost reporting and analysis;
- Develop tactics and methods implementation plan (e.g. propose additional electricity suppliers);
- Develop hedging policy (electricity and certificates):
- Perform historical price analysis;
- Prepare risk profile assessment and proposal for hedging portfolio content, including time horizons. PPA opportunity mapping;
- Developing hedging instructions;
- Implementing hedging plan.
- Daily power procurement (EU, North America)
- Support with search for new promising sites for future Data Centers with cheap energy and available power.
- Support with paper work, managing external consultants and/or subcontractors (certified estimates for applications, preliminary design, etc), upon request;
Specific knowledge, skills and abilities:
Must:
- 5-year minimum experience in the power sector;
- Understanding of power market structures, rules and ancillary services;
- Understanding the power generation, transmission and distribution mechanisms as physically, as commercially.
- Ability to breakdown and model grid tariffs and ancillary services;
- Entrepreneurial mindset and ability to work autonomously.
As-a-plus:
- Basic understanding of Bitcoin blockchain and mining economics;
- Power trading experience;
- Strong network across power generating companies in Europe and North America.