Vice President, Power

Core Scientific Inc.-posted 18 days ago

Full-time • Executive

Onsite • Austin, TX

251-500 employees

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

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This Vice President of Power is responsible for developing accurate energy budgets and forecasts, maintaining strategic relationships with utility providers and energy suppliers, and identifying cost-saving and efficiency opportunities. This role will lead utility contract negotiations, oversee incentive programs, and support site selection through in-depth research and analysis of power availability, infrastructure, and market conditions. A key focus is driving continuous improvement and knowledge-sharing across teams to enhance the company's energy intelligence and operational resilience.

Strive for continuous improvement by raising awareness throughout the organization on drivers which positively impacts the efficiency of power budget.
Develop accurate annual budgets and monthly forecast for energy spend and power rates for all existing plant locations
Develop accurate forecasts at prospective sites by interfacing with Core team on ramp-up projections and energy supplier to help inform go, no-go decisions
Maintain day-to-day relationships with each energy supplier to improve rate forecasts, ensure we are on the most cost effective tariffs, and communicate proactively about future rate changes and other major events.
Disseminate knowledge of the power industry to the entire Core team to broaden our expertise and understanding which will magnify our continuous improvement
Create working tools to help analyze opportunities as needed or requested
Communicate broader opportunities through periodic leadership team meetings to garner support for energy initiatives or identify areas of improvement.
Build internal relationships to help facilitate initiatives and discover new opportunities for improvement
Identify opportunities for behind the meter projects, bridge power and microgrid solutions
Research broader industry issues such as rate cases, power market conditions and new technology to inform operational conditions and future growth plans.
Develop and maintain relationships with utility providers to drive site deployment and expansion projects
Develop and maintain relationships with brokers, utility providers and other firms to locate prospective energy intensive sites
Negotiate financial incentives with utility service providers
Keen understanding of all available incentives for current and future sites
Travel to prospective sites to guarantee they meet company needs and requirements
Experience with utility infrastructure, rates and incentives required
Lead utility contract and incentive negotiations
Completing primary and secondary research on power availability and costs in markets under consideration and site-specific locations
Development of site deployment budgets and site benchmark analytics in collaboration with the construction and finance teams
Communicate to Senior Leadership as necessary to update on site selection analysis and conditions of surrounding competition and make long term recommendations for each location
Foster open, respectful, and professional communication directly within the team as well as with co-workers/ teammates and leaders across the organization.
Performs other duties as assigned.

Bachelor's degree in Engineering, Energy Management, Economics, or a related field (Master's preferred).
12+ years of experience in energy procurement, utility negotiations, or power infrastructure, preferably in energy-intensive industries.
Proven track record of managing utility relationships, negotiating contracts, and securing financial incentives.
Experience with site selection, energy forecasting, and infrastructure planning.
Deep understanding of utility rate structures, tariffs, and regulatory environments.
Proficiency in energy modeling, forecasting tools, and financial analysis.
Strong Excel and data analysis skills; experience with energy management software is a plus.
Excellent oral and written communication skills and ability to present complex topics to a nontechnical audience.
Strong execution skills. Drives flawless execution of projects as well as contributing to continuous improvements of critical projects and programs.

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