Remote Jobs at Bitfury

Position Summary:

The role consists in (a) identifying and securing power procurement contracts for the development of Bitfury’s data-centers and (b) continuously managing and optimising power supply conditions for existing sites.

Duties and responsibilities

• Originate and secure new sites and power procurement contracts well-suited for data-center development in Europe and Canada;
• Manage a network of energy brokers and agents all over Europe and Canada;
• Lead negotiations of power purchase agreements in collaboration with the respective departments and CEO;
• Perform the necessary financial modelling to both inform power procurement terms for contracts under negotiation and regularly assess cost optimization opportunities for existing contracts;
• Manage contractual relationships with energy provider;
• Follow energy regulatory frameworks and assess the impact of potential changes on existing power contracts and new leads;
• Interact regularly with Operation Department to optimize power consumption profile and costs;
• Support global efforts regardless of region, stay flexible to support various initiatives that can result in incremental business/capital for Group Company.
• Responsible for power forecasting, system requirement and resource schedules;
• Oversee and develop cost inputs to capex and opex models, financial reports and needed documentation to CEO and main stakeholders;
• Develop financial analysis and models and business cases;
• Lead consultations and negotiations with the main stakeholders;
• Lead effective internal communication and alignment on power and renewable plans, forecasts, budgets etc;
• Provide market price models, forecasting and market trends analysis;
• Provide best solutions to the business on market changes and adaptation opportunities;
• Model and plan price optimization initiatives;
• Lead company presentations and interactions with financial institutions to secure project funding;
• Lead business development efforts for Group Company’s new potential ’sales channels’
• Ensure that all local power compliance reports are completed;

Must:

• 5-year minimum experience in the power sector;
• Understanding of power market structures, rules and ancillary services;
• Ability to breakdown and model grid tariffs and ancillary services;
• Proficient in financial modelling skills to define power procurement strategies;
• Entrepreneurial mindset and ability to work autonomously.

As-a-plus:

• Basic understanding of Bitcoin blockchain and mining economics;
• Power trading experiences In deregulated markets;
• Development and financing of power plants, including renewable assets;
• Network of power providers and asset owners in Europe/Canada.