Principal Energy Program Manager

About the role

Oracle is seeking a Principal Energy Program Manager, reporting to the Vice President of Infrastructure Capacity and Planning. This role focuses on shaping and driving Oracle’s energy procurement strategy, particularly for on-site electricity and gas, while supporting broader efforts in energy innovation, hedging strategies, renewable energy, and sustainability.

Responsibilities

• Source and negotiate strategic power agreements with utility providers and independent power providers, ensuring the best possible outcomes for Oracle.
• Manage day-to-day Oracle Cloud’s data center energy strategy across specific markets, prioritizing U.S. deregulated markets but potentially overseeing North and South America, EMEA, and Asia-Pacific.
• Create and manage requirements around energy sourcing, leveraging expertise in regulated and deregulated power markets, financial modeling, and analysis, managing Request for Proposals (RFPs), contract negotiations, and forward purchasing strategies.
• Work closely with retail energy providers, energy suppliers, and internal stakeholders to monitor real-time market conditions and inform short-term and long-term transaction decisions.
• Engage with energy and sustainability consultants to evolve strategy and reporting, monitoring energy markets and specific utilities, IPPs, and electric grids for opportunities and risks, and recommending strategies to stay ahead of these challenges.
• Cross-functionally develop and manage relationships across Oracle, including with capacity planning, data center infrastructure build, site selection, supply chain management, data center engineering, data center operations, and corporate sustainability and procurement teams.
• Coordinate with onsite generation and other solution providers and teams to ensure seamless power delivery across various technologies, including utility grids, behind-the-meter solutions, gas plants, renewables, etc.
• Partner with finance to develop annual energy budgets based on knowledge of current and future footprints and changing energy prices.
• Prepare white papers and presentations for executives on strategy and progress.

Qualifications

• Desire to work in the fast-paced environment of AI/GPU computing and hyperscale data center design, construction, and operations.
• 8-10+ years professional experience; 4-6+ years managing corporate (C&I) power procurement or utility/IPP power origination, within a large matrix environment.
• Bachelor’s degree in engineering, STEM, or business with technical expertise on energy and data center topics.
• Understanding of regulated and deregulated energy markets, power hedging, energy supply agreements, and power purchase agreements.
• Experience with mark-to-market accounting and managing market exposure.
• Familiarity with sustainability frameworks and making carbon reduction and renewable energy claims: Global Reporting Initiative (GRI), Science-based Targets, CDP, Greenhouse Gas Protocol, etc.
• Experience developing annual energy budgets and working with finance teams to project the cost of power.
• Advanced Excel expertise building financial models and analyzing energy rates, riders, fees, etc.
• Articulate, executive presence, comfort with negotiations and supplier engagement.
• Willingness to support global time zones and willingness to travel as required, including internationally.

Additional Preferred Qualifications

• 1-3+ years' experience with utility interconnection processes and familiarity with transmission planning.
• 1-3+ years executing renewable energy strategies, including familiarity with green tariffs, wheeling arrangements, behind-the-meter deals, and VPPAs.
• Data center or mission-critical expertise developing and executing energy strategies cross-functionally.