Power Asset Developer

Job summary

Entity:

Gas & Low Carbon Energy

Job Family Group:

Strategic Planning & Business Development Group

Job Description:

Job description: Net Zero Teesside Power – Power Asset Developer

Synopsis:

Power Asset Developer for bp’s flagship Net Zero Teesside (NZT) Power and Carbon Capture project.

bp is operator of the NZT project, a world first Gas with Carbon Capture power plant which took its Final Investment Decision in December 2024. Decarbonisation is expected to drive a doubling of electricity demand in the UK by 2050, and NZT will provide low carbon flexible power that is increasingly needed to complement the expansion in intermittent renewable sources.

The NZT Power Asset Developer will be responsible for implementing gas and power tolling, route-to-market and connection agreements, managing key government agreements, and providing gas and power expertise to the wider project as it moves into construction and start-up.

Key Accountabilities:

• Manage tolling and route-to-market agreements, developing operational procedures and commercial/hedging strategies
• Negotiate and manage key commercial agreements (e.g. electricity and gas transportation and connection agreements)
• Manage key government agreements underpinning the project
• Maintain in-depth understanding of the electricity market to identify value creation opportunities
• Manage key internal and external stakeholder relationships
• Provide gas and power expertise to the wider NZT project team and contractors in support of key technical decisions
• Provide coaching and development to the wider team as required

Essential Experience and Job Requirements:

• 5+ years commercial experience of GB Power transactions
• Commercial agreement negotiation and management
• Self-motivation and ability to manage complex relationships and workstreams autonomously
• Ability to influence and work effectively with others
• Demonstrated planning, organizational, and communication skills

Desirable Criteria:

• Experience in:
  • Origination and/or trading in the GB or European power markets
  • Implementing power offtake agreements
  • Power project development
  • Optimizing generation assets
  • Evaluation of long-term gas and power price dynamics

Why Join our team?

At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.

We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits.

Reinvent your career as you help our business meet the challenges of the future.

Apply now!

Travel Requirement

Up to 25% travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Acquisitions and divestments, Acquisitions and divestments, Agreements and negotiations, Analytics, Commercial Acumen, Commercial Business Development, Communication, Contractual risk management, Data visualization and interpretation, Deal structuring, Decision Making, Developing and implementing strategy, Economic evaluation methodology, Economic modelling, Financial Analysis, Financial Modelling, Influencing, Investment appraisal, Joint Venture Structuring, Long Term Planning, Managing change, Market Analysis, Project and programme management, Risk Management, Sector, market, customer and competitor understanding {+ 2 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.