Asset Manager, Market Asset Operations

Fervo Energy • Houston, TX

1d • Hybrid

About The Position

The Asset Manager, Market & Asset Operations owns Fervo Energy’s day-ahead market interface and bid execution for its geothermal assets in CAISO. The role is accountable for reliable, accurate participation from bid execution through handoff to real-time operations, ensuring market activities reflect plant conditions, outage plans, testing constraints, capacity limitations, and operating constraints.

The position serves as the primary contact for the Scheduling Coordinator relationship and coordinates with Plant Operations, interconnection partners, Asset Management stakeholders, and external parties. It supports settlements validation, revenue realization, and market performance analysis, and maintains process controls and documentation that reduce execution risk. The role also works with Governmental and Regulatory Affairs on market design opportunities for geothermal resources and provides day-to-day coaching and guidance to Associates and Analysts.

The position is based at Fervo’s Houston office, with regular in-office presence required. It follows a hybrid schedule, with employees expected to work in the office three days per week.

Requirements

• At least 5 years of experience in CAISO or other ISO/RTO market operations, with direct exposure to scheduling, bidding, settlements, or market coordination functions.
• Strong working knowledge of power market operations, Scheduling Coordinator interfaces, outage management processes, and applicable market rules.
• Demonstrated ability to manage external operator relationships and drive issue resolution in time-sensitive, detail-oriented environments.
• Experience working across plant operations, commercial teams, and external partners with competing priorities and tight operational windows.
• Strong written communication, documentation, and process design skills.

Nice To Haves

• Hands-on experience with OMS, CIDI, settlements workflows, Resource Adequacy, or REC compliance in a renewable or clean energy context.
• Familiarity with geothermal, storage, or other non-traditional resource participation in organized markets.
• Experience supporting or interfacing with regulatory and governmental affairs functions on market design issues.

Responsibilities

• Own day-ahead market interface and bid execution for Fervo’s geothermal assets in CAISO, ensuring participation is accurate, timely, and consistent with asset capabilities and operating constraints.
• Manage master file and GRDT updates, outage management in OMS/CIDI, and other CAISO readiness requirements across the asset portfolio.
• Maintain knowledge of CAISO market rules and support readiness for Resource Adequacy, Renewable Energy Credits, and related compliance obligations.
• Own the Scheduling Coordinator relationship, including issue resolution, operating parameter alignment, testing schedules, and process controls.
• Coordinate with Plant Operations and interconnection partners so market participation reflects plant conditions, outage plans, testing constraints, and capacity limitations.
• Ensure the handoff from day-ahead awards to real-time execution is documented, consistently executed, and operationally reliable.
• Support settlements validation, revenue realization, and market performance analysis with internal and external stakeholders.
• Work with Governmental and Regulatory Affairs to identify and advance market design opportunities that improve geothermal asset participation and value capture in CAISO.
• Track and report market performance trends, identify execution gaps, and recommend process improvements to leadership.
• Build and maintain checklists, escalation paths, and process documentation that reduce single-point execution risk and establish repeatable operational controls.
• Provide day-to-day coaching and guidance to Associates and Analysts.
• Drive continuous improvement across market operations workflows so the team can scale with Fervo’s growing asset portfolio.

Benefits

• Medical, dental, and vision plan options.
• Employer-paid basic life insurance and short-term and long-term disability coverage.
• 401(k) plan with up to 6% match.
• Flexible paid time off and paid parental leave.
• Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot.
• Dependent care FSA for eligible child and elder care expenses.
• Annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care.
• Employee ownership opportunities through Fervo’s Employee Stock Purchase Program.
• LTI and bonus opportunities for eligible roles.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed