Manager, Market & Asset Operations

Fervo Energy

Manager overseeing market operations for geothermal assets with a focus on optimizing revenue and performance compliance in CAISO. Leading cross-functional coordination and ensuring operational reliability and market readiness.

Posted 5/5/2026full-timeHouston • Texas • 🇺🇸 United StatesSeniorLeadWebsite

About the role

Key responsibilities & impact

Own the forward market interface and bid execution process for Fervo's geothermal assets in CAISO
Manage the asset optimization in the market including master file and GRDT updates, outage management in OMS
Maintain a strong working knowledge of CAISO market rules and support readiness for Resource Adequacy, Renewable Energy Credits, and related compliance obligations
Propose commercial term revisions required to optimize revenue during Power Purchase Agreement amendment negotiations
Own the Scheduling Coordinator relationship end-to-end, including issue resolution, operating parameter alignment, testing schedules, and ongoing process controls
Lead cross-functionally and own the coordination across Plant Operations, our off-takers, and interconnection partners
Ensure the handoff from day-ahead awards to real-time execution is clearly documented, consistently executed, and operationally reliable
Own revenue realization, market performance analysis and settlement validation in partnership 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 on market performance trends, identifying execution gaps and recommending process improvements to leadership
Provide regular communication of revenue optimization and market dynamics to internal stakeholders

Requirements

What you’ll need

Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, or a related quantitative field
7+ years of experience in CAISO or other ISO/RTO market operations, with direct exposure to scheduling, bidding, settlements, or scheduling coordination functions
Advanced 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 and verbal communication skills, with the ability to present technical market details clearly to non-technical stakeholders
Demonstrated ability to use data to solve problems and drive recommendations

Benefits

Comp & perks

Some travel is required for this position

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

market optimizationoutage managementscheduling coordinationbiddingsettlementsdata analysisrevenue optimizationmarket performance analysiscompliance obligationsPower Purchase Agreement negotiation

Soft Skills

communicationproblem-solvingcross-functional leadershiprelationship managementissue resolutiondetail-orientedpresentation skillsstakeholder engagementprocess improvementteam collaboration