Head of Energy

IREN•Fort Worth, TX

6d•Hybrid

About The Position

The Head of Energy at IREN will own the company's energy strategy and execution across its global portfolio, with a primary focus on the ERCOT market. This role involves wholesale procurement and hedging, CRRs, demand response and ancillary services, regulatory engagement, and energy-related support to data center financing. The successful candidate will have deep ERCOT expertise and experience leading an energy team within a large-load or asset-heavy organization. IREN is committed to 100% renewable energy and operates its own data centers, prioritizing sustainable solutions for high-performance compute applications.

Requirements

Bachelor’s degree required
Minimum twelve (12) years of progressive experience in wholesale power markets, energy management or asset optimization, with significant time spent in ERCOT.
Demonstrated experience managing an in-house energy team within a large-load or asset-heavy organization — for example, large data center, LNG, oil & gas, chemicals, mining or heavy manufacturing operator, utility, IPP, or large retail electric provider.
Deep ERCOT market expertise: nodal pricing, CRRs, ancillary services, demand response, ORDC, settlements and QSE operations.
Strong track record designing and executing hedging strategies at portfolio scale, with appropriate risk governance and reporting.
Experience supporting energy-related workstreams in financing transactions (project finance, debt, PPAs, hyperscaler offtakes) and engaging with lenders, rating agencies and counterparties.
Solid understanding of the regulatory landscape
Excellent commercial judgment, with the ability to translate complex market dynamics into clear recommendations for the CEO, CFO and Board.
Outstanding written and verbal communication; comfortable representing the company to regulators, ISOs, investors and counterparties.

Nice To Haves

advanced degree (MBA, MS in Engineering, Finance, Economics or related) preferred
familiarity with multi-jurisdictional operations is an advantage
Existing relationships across ERCOT market participants, regulators and service providers strongly preferred.
Willingness to travel across IREN’s North American sites, Spain and Australian HQ as required.

Responsibilities

Set and execute IREN's energy strategy across our multi-jurisdictional portfolio (Texas, Oklahoma, Canada and Spain), with primary focus on ERCOT.
Develop and execute the company's hedging strategy for wholesale power exposure, including governance, risk limits, mark-to-market reporting and Board-level risk communication.
Lead participation in CRRs, demand response programs and ancillary services to optimize energy cost and capture revenue opportunities.
Support data center-backed financings by designing and executing site and portfolio level power strategies that mitigate energy risk for lenders or investors.
Stay across regulatory and market-design changes (ERCOT, PUCT, NERC, FERC and equivalent regulators in our other jurisdictions) and translate the impacts into commercial actions.
Represent IREN externally with ISOs, regulators, QSEs, retail electric providers, counterparties and industry associations.
Partner with Site Development on interconnection, nodal price analysis, real-time load management, coincident peak (4CP) management and curtailment economics for AI / HPC workloads.
Define and govern QSE and energy service provider relationships, scheduling, settlements and the supporting technology and data stack.
Develop the energy function as the portfolio scales, hiring selectively over time and partnering closely with external advisors and service providers in the interim.

Benefits

highly competitive compensation package that includes base salary, annual performance incentives, and opportunities to build long-term wealth through equity programs
Total Compensation package may be inclusive of annual incentive bonus, equity (long-term incentive).
100% company paid health insurance premiums (medical, dental, and vision) for employees, 75% company paid coverage for dependents
Company-paid short-term and long-term disability insurance
Voluntary life, critical illness, and accident coverage available
Health Savings Accounts (HSA) – when combined with the High Deductible Health Plan
Employee Assistance Program and wellness resources
401(k) retirement plan with company match
Access to financial planning and legal services
Paid Time Off (PTO) and paid holidays
Internal skills training and advancement pathways
Professional development to support certifications, continuing education, or role related training
Company events and team-building activities