Renewable PPA Lead

about 8 hours ago
Full time role
Hybrid · Remote · London, England, GB... more
Octopus buys power directly from wind, solar and hydro sites all over the UK (and soon all over the world). Octopus has almost 1000 contracts in place with renewable generators from commercial scale solar rooftops through to offshore wind farms representing in excess of 1.5GW of installed capacity. The power generated by these sites allows us to supply our customers with green electricity from contracted renewable generation where possible.

We’re looking for the next lead for our PPA business to continue to grow the number of contracts we sign with renewable generators and expand the portfolio even further. The successful candidate will be responsible for overseeing all aspects of the PPA business from sales and origination through to operations management. This will all be done with a view to paying a fair price to renewable generators, and delivering green electricity to Octopus customers at the lowest possible cost.

The ideal candidate will be passionate about the transition to renewable energy, adept at managing multiple workstreams in a fast-paced environment and comfortable with all the moving parts and complexity that come with the energy industry.

This role sits within the Octopus Energy Markets Team. However, this is not a typical energy markets team. Instead of working in large, siloed teams, our trading, risk, forecasting and data science functions work closely together. We use technology to maintain a lean operation as the company grows. We focus on the big problems and give people the autonomy and resources to find innovative solutions.


What you'll do...

  • Deliver sustainable growth across the PPA portfolio
  • Originate and negotiate new platform deals across our broker, direct and partnership sales channels
  • Develop and structure new products for our renewable generation clients; in particular work with our renewable energy infrastructure investments business, Octopus Energy Generation (OEGen) and Octopus Energy for Business (OEB), to capitalise on synergies between our generation and demand businesses
  • Oversee PPA portfolio gross margins, managing the pricing and risk of the book
  • Oversee platform and process upgrades to ensure the scalability of the portfolio and smooth operational delivery of contracts
  • Manage a small, dynamic team
  • Work cross functionally across teams at Octopus including Strategy, Finance, Generation and Business
  • Communicate deal flow, PPA performance, risks and issues succinctly with senior leaders across the business
  • Manage key business relationships including with our market access provider
  • Drive best practice across Octopus businesses in other countries by sharing experience.

What you'll need...

  • Passion for renewables and the energy transition
  • Detailed understanding of energy markets and how it works from the perspective of renewable generators
  • Excellent communication skills to relay complicated concepts in a way that everyone can understand
  • Excellent commercial awareness and financial literacy to identify and understand the problems that need solving
  • Knowledge of data design, data modelling, data management and data visualisation
  • Ideally experience with Python and SQL.

💚 Why else you'll love it here...

  • 💰 Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
  • 🎉 Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership
  • 🎁 Visit our UK perks hub - Octopus Employee Benefits

Our process usually takes up to 4 weeks, but we’ll always do our best to flex around what works for you. Along the way, you’ll chat with our recruitment team and your Recruiter will help you throughout different stages. Got any burning questions before then? Drop us a message at hiring@octoenergy.com and we’d love to help!

If this sounds like you then we'd love to hear from you. 🚀

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.