Vice President Commercial (Battery Storage) - Offshore Wind

Please note: Applicants should be UK based and already have the right to work here. To lead the BESS commercial activities and team. To establish a deep understanding of wholesale power markets, the battery storage markets including their competitive landscape, relevant regulations and route to markets in markets where Masdar has and is expected to have a presence. Define the route to market strategy and provide insight into how trading contracts should be negotiated and structured to optimise Masdar’s BESS revenue streams. Advise the team on how to incorporate AI and big data into commercial asset management processes. Responsibilities • Develop a deeper understanding of BESS markets • Build a knowledge base of the fundamentals of electricity markets, comprising of; the wholesale power markets, competitive landscape, pertinent regulatory developments and their evolution, for BESS markets globally, especially in those markets where Masdar has a presence or is expected to have a presence in the future. This will include understanding the different revenue streams battery storage (including specifics of RES support schemes, PPA's, capacity markets, ancillary services etc) • Understand the impact of changes to regulatory frameworks and energy market designs and quantifying the effects of those changes on revenues • Build internal market intelligence of the BESS markets and develop modelling capabilities to reduce reliance on external market advisors. • Support the BESS team in the establishment of the BESS strategy in line with Masdar's vision, mission, and overall strategy. • Analyse and present to senior management Market Modelling and analysis • Understand, analyse and provide all commercial inputs required for business models required for financial and investment decision making • Analyse short/medium/long-term developments in various power markets based upon a thorough understanding of market fundamentals, regulatory developments, renewable penetration, storage growth etc • Interpretation and ownership of any third party revenue curves and assumptions that are provided to Masdar as part of every day course of business but also specifically as part of M&A transactions Develop monetisation strategies • For both markets that Masdar has a presence or is expected to have a presence, create country specific monetisation strategies to maximise the revenues to Masdar taking in to account risk, credit, accounting tax considerations etc Team management and supervision • Organize and supervise the activities and work of subordinates to ensure that all work within a specific team is carried out in an efficient manner which is consistent with operating policies and procedures. • Provide on-the-job training and constructive feedback to subordinates to support their overall development. • Management reporting on projects through project lifecycle especially the development process • Liaise with energy storage teams to provide management reports on projects through the entire lifecycle. • Track performance of developing and operational projects and ensure regular updates, management reporting and deviations from targeted plans and performance. • Contribute to the development and delivery of projects through providing advice and inputs from a business development perspective, liaising with project delivery and technical teams to ensure that project objectives are met. Reporting and application of data/AI tools Using big data and AI tools, develop a reporting strategy for the BESS including: • Asset performance • Trading performance • BESS LTSA (availability, RTE, capacity testing etc) • Asset Management / O&M team Preferred Qualifications • Bachelor’s degree in Business Administration, Science, Engineering or any other energy or sustainability related field Preferred Experience • 8 to 10 years of experience in roles involving utility scale renewable energy project development or large real estate projects • Experience in BESS commercial performance metrics • Experience in managing teams • Experience in granular budgeting Job-Specific Skills • Exceptional attention to detail • Strong communication skills and able to work in a dynamic fast paced, diverse environment • Proven ability to manage multiple BESS projects from inception to RTB • Advanced project management and negotiation skills • Project finance, budgeting skills • Contract administration and legal skills As part of the application process, we will collect, store and process personal information about you. Masdar will use your personal information in accordance with our Candidate Privacy Notice, which provides details on the purposes for which your data is processed.

Bachelor’s degree in Business Administration, Science, Engineering or any other energy or sustainability related field. 8 to 10 years of experience in roles involving utility scale renewable energy project development or large real estate projects. Experience in BESS commercial performance metrics. Experience in managing teams. Experience in granular budgeting.

Develop a deep understanding of BESS markets. Build a knowledge base of electricity markets including wholesale power markets, competitive landscape, regulatory developments and their evolution for BESS markets globally, especially where Masdar operates or plans to operate. Understand revenue streams for battery storage (RES support schemes, PPAs, capacity markets, ancillary services). Assess impact of regulatory changes on revenues. Build internal market intelligence and develop modelling capabilities to reduce reliance on external advisors. Support BESS strategy aligned with Masdar’s vision, mission, and strategy. Analyse and present to senior management. Market modelling and analysis: provide commercial inputs for financial and investment decision-making; analyse short/medium/long-term market developments; interpret third-party revenue curves for MA transactions. Develop monetisation strategies for markets with Masdar presence or planned presence, considering risk, credit, accounting and tax. Team management: supervise subordinates, provide training and feedback, manage project lifecycle reporting, liaise with energy storage teams. Track performance of projects and provide updates and deviations from plans. Contribute to project delivery with business development insights. Reporting and data/AI tools: develop a reporting strategy using big data and AI for asset performance, trading performance, LTSA metrics, asset management and O&M coordination.