Energy Marketing Commercial Manager/Wholesale Power Marketer

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That's what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. Because in the fight against climate change, we don't see renewable energy as part of the solution – we believe it must be the solution. With us, you'll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there's more work to be done – that's why we need you to join us!

Job Description

Statkraft is the largest generator of renewable energy in Europe and an established participant within the various US energy and environmental commodities markets.  The Origination team sources and manages a portfolio of short and long-term energy contracts, primarily from renewables. The portfolio consists of Power Purchase Agreements (PPAs) as well as a variety related structured energy transactions with customers and trading partners. Currently, the team is has focused its activities within PJM but is able to expand its footprint to other ISOs, when appropriate. The team is responsible for the origination, pricing, structuring, hedging, and execution of such transactions.

We are seeking a highly experienced and commercially driven Energy Marketing Commercial Manager/Wholesale Power Marketer to expand Statkraft’s power marketing activities in PJM, with a strong emphasis on the mid-market (eg. Banks & Trading and downstream (end consumer) customer segment. This role is ideal for a candidate with a proven track record in structuring and executing complex energy transactions, both bilaterally with Load Serving Entities (LSEs), municipal utilities, energy cooperatives, and other mid-market participants, as well as via the various exchanges

Job Description

• Strengthen Statkraft’s power marketing business in PJM, with a strategic focus on OTC mid-market transactions and effectuating portfolio management trades via the exchanges.
• Identify, structure, negotiate, and execute complex structured energy transactions, leveraging deep market knowledge and established relationships.
• Drive commercial strategy for mid-market sales, including pricing, risk management, and product development tailored to downstream customer needs.
• Develop and execute risk-reducing transactions
• Excellently communicate and collaborate closely with Origination, Portfolio Management, Credit, Operations, and Trading teams to ensure seamless execution and risk-aligned deal flow.
• Develop and maintain strong relationships with key mid-market and downstream customers, acting as a trusted advisor and long-term partner.
• Regularly educate those around you with your knowledge and unique perspectives
• Support the day-to-day management of the contracted portfolio in coordination with Portfolio Management and Operations.
• Design and implement scalable systems, tools, and processes to support business growth and operational efficiency.

Qualifications:  

• 5+ years of experience in power marketing, trading, or origination, with a strong focus on mid-market transactions in PJM or similar U.S. power markets.
• Experience executing power products via various exchanges (Eg. ICE, CME, and/or NODAL)
• Experience executing bilateral and structured power transactions
• Experience operating under risk mandates, and knowing how to reduce risk via various hedging strategies
• Established network with various power market players (industrials, utilities, funds, banks, trading houses, etc.)
• Demonstrated success in executing structured deals with LSEs, cooperatives, and municipal agencies.
• Experience and familiarity with standard and non-standard power contract terms as well as master trade agreements, such as ISDA and EEI
• Excellent communicator.
• Self-starter with the ability to operate independently and drive initiatives from concept to execution. Proactive, not reactive.
   

What we offer  

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities, and the future. Statkraft offers competitive terms of employment and a comprehensive benefits package that supports your well-being both at work and beyond. This includes healthcare coverage, wellness programs, and a 401(k) retirement plan with company matching. We also provide a range of additional perks, such as generous paid time off, and professional development opportunities.