1st Avenue Power is hiring: Power Marketer (Utility-Scale PV+BESS) in Los Angele
1st Avenue Power, Los Angeles, CA, United States, 90079
About 1st Avenue Power:
At 1st Avenue Power, we are on a mission to deliver simple, fast-to-deploy, customer-centric and intelligent power systems leveraging the abundance of solar to provide inexpensive and reliable clean energy to global customers from data centers to energy starved communities around the world. We envision a future where every community, business, and nation thrives on the limitless potential of clean energy, united in a shared commitment to a sustainable and equitable world.
You will be working with Dr. Tom Buttgenbach, one of the most successful clean energy technology innovators and entrepreneur who has been a driving force in making solar-based energy solutions the cheapest and most reliable energy option. Tom founded and led Avantus (formerly known as “8minute Solar Energy”), to become one of the largest and most profitable solar and energy storage companies in the United States and the largest in California, including delivering over 17% of Los Angeles’ power. When Tom sold his interest in Avantus’ development business to KKR in mid‑2024, it had delivered over $1 billion in profit and secured over $10 billion in power purchase agreements and project financings with a pipeline of over 30 GW of solar and 90 GWh of energy storage, capable of powering the homes of more than 20 million Americans day and night. Tom’s family office investment firm, 1st Avenue Capital, is building teams for the next generation of advanced solar power system architecture and AI to aggressively drive down the cost of and equitable access to clean and reliable energy. 1st Avenue’s advanced large scale power systems are addressing the increasing inadequacy of the grid to meet the massively growing power demands of the digital economy, while its intelligent distributed solar utilities are leapfrogging the grid to provide equitable access to inexpensive, clean and reliable power to underserved communities around the world.
About the Role
Join a groundbreaking team of proven leaders at the forefront of the clean energy transition. We are building a future where sustainable energy is accessible to all. The Director, Power Marketing will be responsible for originating, structuring, and managing power transactions that monetize renewable generation and battery flexibility across RTO/ISO markets. The ideal candidate blends commercial acumen, market analytics, and relationship-building to drive portfolio value and long‑term strategic positioning.
What Makes This Job Unique
- Leadership Impact: As Director, Power Marketing you will have significant influence on key strategic decisions and play a vital role in shaping the future of 1st Avenue Power’ energy strategy.
- Growth Potential: 1st Avenue Power and the project pipeline is in high growth mode, offering excellent opportunities for career growth and professional development.
- Co‑Founder Mindset: This is an opportunity for a passionate and driven individual to join a groundbreaking team and contribute significantly to our mission. We encourage candidates who bring a co‑founder mindset, with a focus on ownership, innovation, and a deep commitment to building a sustainable and equitable energy future.
Job Responsibilities
Commercial Strategy & Portfolio Optimization
- Develop and execute trading, hedging, and dispatch strategies to maximize revenue from solar and BESS assets in day‑ahead, real‑time, ancillary service, and capacity markets.
- Optimize BESS use cases including energy arbitrage, frequency regulation, spinning reserves, and peak‑load management.
- Evaluate merchant opportunities and develop Go‑To‑Market strategies for contracted and uncontracted assets.
Origination & Deal Structuring
- Originate and negotiate PPAs, tolling agreements, hedge products, VPPAs, renewable energy certificates (RECs), and resource adequacy contracts.
- Collaborate with utilities, offtakers, traders, and financial counterparties to secure long‑term revenue contracts.
- Structure short‑and long‑term transactions that align with risk management goals and market conditions.
Market Analytics & Forecasting
- Monitor energy market fundamentals, congestion dynamics, price curves, nodal behavior, and regulatory changes across RTO/ISO markets (e.g., CAISO, ERCOT, PJM, SPP).
- Analyze forward curves, LMP forecasts, basis spreads, and storage value‑stacks to support trading decisions.
- Produce internal reporting on market conditions, revenue performance, and portfolio risk.
Cross‑Functional Collaboration
- Work with Development, Finance, etc. to inform project siting, contracting strategies, and financial models.
- Support financing activities by providing revenue assumptions, merchant risk input, and offtake strategy for greenfield and operational assets.
Other duties as assigned
Minimum Qualifications
- Bachelor’s degree in Finance, Economics, Engineering, Business, Energy, or related field.
- 4+ years of experience in power marketing, energy trading, origination, or wholesale market analytics.
- Experience working within or alongside RTO/ISO markets.
- Strong understanding of wholesale power markets, nodal pricing, battery dispatch economics, and renewable contract structures.
- Proven track record of executing or supporting power transactions.
Preferred Qualifications
- Direct experience with utility‑scale solar and/or BESS portfolios.
- Existing relationships with utilities, traders, and corporate offtakers.
- Understanding of congestion management, hedging instruments, and merchant risk.
- Proficiency in power market tools.
- MBA or advanced quantitative or energy‑related degree.
Compensation & Benefits
- Competitive Compensation Package
- Health Insurance: We offer 100% coverage of employee premiums under a Gold‑level PPO plan. Dental & Vision Insurance: 50% of employee premiums are covered.
- Retirement Plan: A 401(k) plan with a 6% employer match.
1AI Energy, the employing entity for 1st Avenue Power, and 1st Avenue Power are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee based on race (inclusive of traits associated with race, including hair texture and protective hairstyles), color, religion, religious creed, national origin, ancestry, sex (including pregnancy, childbirth, and breastfeeding), age, veteran or military status, marital status, physical or mental disability, medical condition, genetic information, gender, gender identity, gender expression, sexual orientation, reproductive decision‑making, or any other legally recognized protected class under federal, state, or local law. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act (ADA), the California Fair Employment and Housing Act (FEHA), and local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on 1AI Energy or 1st Avenue Power. Please inform the company’s personnel representative if you need assistance completing an application or to otherwise participate in the application process.
Join our team and make a real difference in the world.
Additionally, 1st Avenue is in the business of acquiring projects where there has been a final notice‑to‑proceed or financial close.
LI‑REMOTE
California Pay Range
$185,000—$210,000 USD