Commercial Asset Manager - BESS

Role

Our client is a leading renewable energy company managing a mixed portfolio of large-scale renewable energy assets across the UK.

They are recruiting a Commercial Asset Manager to oversee the financial, contractual and commercial performance of operational BESS assets, maximising revenue generation, managing commercial risk and supporting long-term asset value.

Responsibilities

• Oversee the commercial and financial performance of operational BESS assets, monitoring revenues, operating expenditure and profitability against budgets and forecasts.
• Manage relationships with trading, route-to-market and optimisation partners, reviewing performance against commercial agreements, revenue forecasts and agreed objectives.
• Analyse revenue from wholesale electricity markets, the Balancing Mechanism, ancillary services and Capacity Market agreements, identifying opportunities to improve returns.
• Administer and monitor key commercial agreements, including optimisation, route-to-market, O&M and other third-party contracts
• Prepare and manage asset budgets, financial forecasts, cash flow projections and timely commercial performance reports for management, asset owners and investors.
• Monitor and reconcile trading revenues, settlement information, invoices and stakeholder payments, investigating discrepancies and ensuring accurate financial records.
• Work with technical asset managers and O&M contractors to assess the impact of asset availability, planned outages, unplanned downtime, maintenance and battery degradation.
• Ensure commercial obligations are met under project agreements, grid connection conditions, planning requirements and relevant market participation arrangements, working with technical colleagues on HSE and operational compliance.
• Monitor UK electricity market and regulatory developments, assessing their implications for BESS revenues, commercial strategy and portfolio performance.
• Maintain accurate asset-level commercial records and management tools, and contribute to continuous improvement in reporting, controls and asset management processes.

Requirements

• Commercial asset management, energy markets, revenue optimisation or related experience within BESS, renewable energy or power generation.
• Understanding of the commercial operation of utility-scale BESS and UK electricity markets
• Experience managing commercial agreements, third-party service providers and stakeholder relationships.
• Experience preparing and managing budgets, forecasts, commercial reports and financial performance analysis.
• Ability to interpret trading, settlement and operational performance data and translate findings into commercial decisions.
• Strong Excel skills and confidence working with financial models
• Commercial awareness of asset availability, O&M costs, contractual obligations and their impact on revenue and profitability.
• Degree in Finance, Economics, Engineering, Mathematics, Energy or a related discipline

Location: Remote, UK + travel as required.

About Us

Climate17 is a purpose-led, international Renewable Energy & Sustainability recruitment firm. We provide specialist talent acquisition services to organisations seeking to reduce their environmental footprint, as well as those working towards the decarbonisation of the energy sector.

Inclusive Application Process

Climate17 is committed to creating a diverse, inclusive and equitable workplace. We believe there is no solution to climate change without people. We aim to increase diversity across all areas and as such, we are committed to partnering with clients and candidates to create an inclusive and sustainable regenerative world.  We welcome applications from all qualified candidates, regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, or whether or not they have a disability.