Senior Power Consultant
Bitdeer Technologies Group, Austin, TX, United States
OVERVIEW
Power cost is the single largest operational variable in Bitcoin mining — typically 60–80% of total site operating expense. Bitdeer operates both self‑mining facilities and deploys its own miners at third‑party co‑location sites under the host's power contracts and demand response programs. The Senior Power Consultant will serve as the internal expert on wholesale and retail energy markets, demand response, risk management, and power procurement across ERCOT, PJM, and additional deregulated markets.
JOB SCOPE
Day‑Ahead / Real‑Time Power Scheduling
Coordinate with the company's REP and QSE in ERCOT, PJM, and other deregulated wholesale markets to execute DA and RT power scheduling aligned to mining load profiles and price forecasts.
Monitor market pricing, ancillary service markets, demand response products, and settlement statements for cost recovery and continuous optimisation.
Demand Response Strategy
Design, implement, and optimise curtailment programs to maximise DR revenue and reduce net power cost.
Build real‑time DR dispatch models aligned to miner curtailment, RT price spikes, grid emergencies, and ancillary service opportunities (RRS, ECRS, NSRS in ERCOT; ELRP, SRM, Economic DR in PJM).
Coordinate Coincident Peak (4CP) curtailment strategy using available market intelligence; advise site operations on execution timing.
Report DR performance metrics to management and regulatory bodies; ensure ongoing program compliance.
Produce DR revenue reports and settlement reconciliations for the management team.
Hedging & Block Power Strategy
Develop and execute a forward power hedging framework to reduce exposure to market price volatility.
Structure block energy purchases (off‑peak, on‑peak, around‑the‑clock) calibrated to the company's load shape and budget constraints.
Provide regular mark‑to‑market reporting, hedge ratio analysis, and strategy recommendations to leadership.
Manage financial hedging instruments; prepare cost exposure reports including margin call risk assessments.
Power Contract Negotiation
Lead or support negotiations for PPAs, REP contracts, and QSE agreements at self‑mining sites — targeting rate structures suited to 24/7 high‑density mining loads.
Review and negotiate power pass‑through terms in co‑location agreements: energy rate mark‑ups, demand charge allocation, ancillary service cost sharing, and curtailment compensation provisions.
Monitor co‑lo power costs and recommend renegotiation or site migration where material savings are achievable.
Coordinate with legal counsel to finalise contract terms, exit provisions, force majeure clauses, and curtailment rights.
Regulatory Monitoring & Compliance
Track and interpret FERC, PUCT, PJM, ERCOT, and state‑level regulatory developments affecting wholesale and retail power markets.
Assess the impact of regulatory changes on the company's power cost, DR eligibility, curtailment obligations, and market participation rights.
Market Intelligence & Strategy Reporting
Maintain real‑time market surveillance dashboards covering price forecasts, capacity outlook, fuel indices, and weather‑driven volatility.
Publish monthly and quarterly power market reports for executive leadership with actionable strategy recommendations.
Revise DR strategies, hedging positions, and contract laddering schedules in response to market evolution.
Co‑Location Power Strategy Evaluation
Conduct a structured audit of power terms received at each co‑location site — including tariff classification, energy pass‑through rate, demand charge allocation, and ancillary service cost treatment.
Evaluate the host's DR program and curtailment protocols; assess how DR dispatch events affect the company's mining uptime and net effective power cost.
Benchmark the all‑in effective power rate at each co‑lo site against self‑mining alternatives; recommend renegotiation, DR program changes, or load migration with quantified impact on mining economics.
Financial Modelling & Reporting
Build financial models to project revenue and cost savings when proposing more cost‑efficient power strategies, directly supporting management decision‑making.
Prepare periodic power cost reports (monthly, quarterly, annual) encompassing all sites and operational models.
REQUIRED QUALIFICATIONS
Experience
Minimum 3 years of direct, hands‑on experience at a QSE, power marketing company, IPP, or energy consultancy with QSE‑level trading responsibilities.
Demonstrated track record executing DA and RT scheduling in ERCOT and/or PJM; familiarity with at least one additional ISO/RTO (MISO, SPP, CAISO) is valued.
Proven ability to design and manage industrial Demand Response programs in deregulated markets, with measurable cost or revenue outcomes.
Hands‑on experience structuring block energy hedges and forward power positions for large industrial or commercial load customers.
Track record negotiating power supply agreements with demonstrable improvements to contract terms.
Technical Skills
Proficiency with ERCOT market tools: Nodal protocols, Settlements, MIS portal; and equivalent PJM tools (eSchedules, Market Portal, eMKT).
Strong financial modelling capability in Excel / Google Sheets; experience with energy‑specific platforms (Openlink Endur, Triple Point, or equivalent) is a plus.
Ability to build and interpret load forecasting models, price curve analytics, and hedging P&L reports.
Familiarity with SCADA or EMS systems for real‑time load visibility is advantageous.
Regulatory & Market Knowledge
Deep understanding of FERC, NERC, PUCT, and PJM / ERCOT tariff and market rules, including ancillary service and DR program design in both ISOs.
Awareness of emerging federal and state policy affecting large industrial loads — carbon regulation, transmission cost allocation reform, and distributed energy resource aggregation.
Familiarity with Bitcoin mining load profiles, hashrate economics, and load shaping strategies is a plus.
Bitdeer is committed to providing equal employment opportunities in accordance with country, state, and local laws. Bitdeer does not discriminate against employees or applicants based on conditions such as race, color, gender identity and/or expression, sexual orientation, marital and/or parental status, religion, political opinion, nationality, ethnic background or social origin, social status, disability, age, indigenous status, and union.
#J-18808-Ljbffr
Power cost is the single largest operational variable in Bitcoin mining — typically 60–80% of total site operating expense. Bitdeer operates both self‑mining facilities and deploys its own miners at third‑party co‑location sites under the host's power contracts and demand response programs. The Senior Power Consultant will serve as the internal expert on wholesale and retail energy markets, demand response, risk management, and power procurement across ERCOT, PJM, and additional deregulated markets.
JOB SCOPE
Day‑Ahead / Real‑Time Power Scheduling
Coordinate with the company's REP and QSE in ERCOT, PJM, and other deregulated wholesale markets to execute DA and RT power scheduling aligned to mining load profiles and price forecasts.
Monitor market pricing, ancillary service markets, demand response products, and settlement statements for cost recovery and continuous optimisation.
Demand Response Strategy
Design, implement, and optimise curtailment programs to maximise DR revenue and reduce net power cost.
Build real‑time DR dispatch models aligned to miner curtailment, RT price spikes, grid emergencies, and ancillary service opportunities (RRS, ECRS, NSRS in ERCOT; ELRP, SRM, Economic DR in PJM).
Coordinate Coincident Peak (4CP) curtailment strategy using available market intelligence; advise site operations on execution timing.
Report DR performance metrics to management and regulatory bodies; ensure ongoing program compliance.
Produce DR revenue reports and settlement reconciliations for the management team.
Hedging & Block Power Strategy
Develop and execute a forward power hedging framework to reduce exposure to market price volatility.
Structure block energy purchases (off‑peak, on‑peak, around‑the‑clock) calibrated to the company's load shape and budget constraints.
Provide regular mark‑to‑market reporting, hedge ratio analysis, and strategy recommendations to leadership.
Manage financial hedging instruments; prepare cost exposure reports including margin call risk assessments.
Power Contract Negotiation
Lead or support negotiations for PPAs, REP contracts, and QSE agreements at self‑mining sites — targeting rate structures suited to 24/7 high‑density mining loads.
Review and negotiate power pass‑through terms in co‑location agreements: energy rate mark‑ups, demand charge allocation, ancillary service cost sharing, and curtailment compensation provisions.
Monitor co‑lo power costs and recommend renegotiation or site migration where material savings are achievable.
Coordinate with legal counsel to finalise contract terms, exit provisions, force majeure clauses, and curtailment rights.
Regulatory Monitoring & Compliance
Track and interpret FERC, PUCT, PJM, ERCOT, and state‑level regulatory developments affecting wholesale and retail power markets.
Assess the impact of regulatory changes on the company's power cost, DR eligibility, curtailment obligations, and market participation rights.
Market Intelligence & Strategy Reporting
Maintain real‑time market surveillance dashboards covering price forecasts, capacity outlook, fuel indices, and weather‑driven volatility.
Publish monthly and quarterly power market reports for executive leadership with actionable strategy recommendations.
Revise DR strategies, hedging positions, and contract laddering schedules in response to market evolution.
Co‑Location Power Strategy Evaluation
Conduct a structured audit of power terms received at each co‑location site — including tariff classification, energy pass‑through rate, demand charge allocation, and ancillary service cost treatment.
Evaluate the host's DR program and curtailment protocols; assess how DR dispatch events affect the company's mining uptime and net effective power cost.
Benchmark the all‑in effective power rate at each co‑lo site against self‑mining alternatives; recommend renegotiation, DR program changes, or load migration with quantified impact on mining economics.
Financial Modelling & Reporting
Build financial models to project revenue and cost savings when proposing more cost‑efficient power strategies, directly supporting management decision‑making.
Prepare periodic power cost reports (monthly, quarterly, annual) encompassing all sites and operational models.
REQUIRED QUALIFICATIONS
Experience
Minimum 3 years of direct, hands‑on experience at a QSE, power marketing company, IPP, or energy consultancy with QSE‑level trading responsibilities.
Demonstrated track record executing DA and RT scheduling in ERCOT and/or PJM; familiarity with at least one additional ISO/RTO (MISO, SPP, CAISO) is valued.
Proven ability to design and manage industrial Demand Response programs in deregulated markets, with measurable cost or revenue outcomes.
Hands‑on experience structuring block energy hedges and forward power positions for large industrial or commercial load customers.
Track record negotiating power supply agreements with demonstrable improvements to contract terms.
Technical Skills
Proficiency with ERCOT market tools: Nodal protocols, Settlements, MIS portal; and equivalent PJM tools (eSchedules, Market Portal, eMKT).
Strong financial modelling capability in Excel / Google Sheets; experience with energy‑specific platforms (Openlink Endur, Triple Point, or equivalent) is a plus.
Ability to build and interpret load forecasting models, price curve analytics, and hedging P&L reports.
Familiarity with SCADA or EMS systems for real‑time load visibility is advantageous.
Regulatory & Market Knowledge
Deep understanding of FERC, NERC, PUCT, and PJM / ERCOT tariff and market rules, including ancillary service and DR program design in both ISOs.
Awareness of emerging federal and state policy affecting large industrial loads — carbon regulation, transmission cost allocation reform, and distributed energy resource aggregation.
Familiarity with Bitcoin mining load profiles, hashrate economics, and load shaping strategies is a plus.
Bitdeer is committed to providing equal employment opportunities in accordance with country, state, and local laws. Bitdeer does not discriminate against employees or applicants based on conditions such as race, color, gender identity and/or expression, sexual orientation, marital and/or parental status, religion, political opinion, nationality, ethnic background or social origin, social status, disability, age, indigenous status, and union.
#J-18808-Ljbffr