The Position
To achieve its ambitions, ElectroRoute wishes to continue to grow its high calibre team and is currently seeking a talented Pricing Manager, reporting to the Head of Middle Office. The Pricing Manager will take ownership of the pricing function within the Middle Office, leading a team of two analysts to structure and value a wide range of energy contracts across Ireland, GB, and Europe. This includes – but is not limited to – wind/solar route to market agreements (RtMs), fixed-priced power purchase agreements (PPAs), and battery energy storage system (BESS) floor and toll structures. This role is critical to ElectroRoute’s growth ambitions and need to maximise the company’s return on risk capital. The right candidate can be someone with prior managerial experience or someone looking to advance their career.
The Role
The Pricing Manager will work closely with the Chief Commercial Officer, origination team, and wider analytics function to set pricing priorities. The candidate’s activities will include
- Leading the team in the development, maintenance, and enhancement of historical, Monte-Carlo and fundamental (e.g. PLEXOS) modelling
- Managing and mentoring two pricing analysis, ensuring high-quality output and professional development
- Remaining up to date on market and regulatory changes and assessing their impact on pricing strategies
- Leverage wider analytical function within to company to enhance BESS valuation and optimisation
- Ensure a transparent pricing approach which is consistent with the company’s risk tolerance and commercial priorities
- Routinely present insights to senior management, accepting and delivering challenges to valuation methodology and pricing strategy.
Role Requirements
- 5-10 years energy market experience
- Direct experience in a renewable pricing role, including Route to Market agreements and PPAs
- A deep understanding of the operation of electricity systems and energy market rules, with a focus on Ireland, Great Britain and other European systems.
- Ability to manage multiple competing deliveries – and frequently changing commercial priorities – whilst ensuring the accuracy of all output.
- Experience in developing/maintaining dispatch models (preferably PLEXOS).
- Experience using Excel, SQL, and Python to perform time series analysis on large datasets.
Desired Skills
- Experience structuring and pricing BESS toll and/or floor agreements
- Experience pricing RtM agreements in the German market
- A track record of structuring new products or entering new markets
- Experience building and maintaining a shared library of Python code
- Prior experience leading a small team