Houston, TX or Remote

A newly created energy trading and asset management company is building a commercial team focused on energy transition-related themes impacting power, environmental and natural gas markets. Initial strategies include proprietary trading, asset management and asset development/acquisition with an emphasis on Battery Energy Storage Systems (BESS). The Asset Management Team provides energy manager and asset optimization services for third-party owned and company-developed BESS assets. Extensive market experience and bespoke algorithms drive hedging decisions as well as bidding and dispatch decisions.

We currently are recruiting for a BESS Algo Development Leader to oversee the development of algorithms needed for BESS to participate in the wholesale energy markets (Day-Ahead/Real-Time markets) across multiple ISO’s. The position reports to the Head of BESS and will have responsibilities in the following areas supporting the BESS algorithm rollout and growth:

 

  • Managing a small cross-functional team to design, develop, test, implement and continually improve algorithms for BESS asset optimization.
  • Collaborating internally with asset managers, quantitative researchers and data scientists to develop competitive dispatch strategies and to incorporate optimal and efficient battery operations into the algorithms.
  • Identifying, troubleshooting, and resolving issues associated with ongoing BESS algorithm support.

 

Educational and professional requirements include a bachelor’s degree in Power Engineering, Computer Science, Mathematics, Statistics or related field; 5+ years’ experience in power markets; ability to manage projects and direct machine learning-Python developers; strong knowledge of BESS technology, electricity grid operations, ISO market fundamentals and tariff rules, artificial intelligence and data science concepts, and optimization and stochastic methods; and strong communication skills. Submit resumes to chynes@salthillgroup.com.