Senior Principal Energy Program Manager

About the role

The Senior Principal Energy Program Manager will lead Oracle’s energy procurement strategy, focusing on sustainable and scalable approaches for Oracle Cloud data centers. This role supports broader initiatives 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 data center energy strategy across specific markets, prioritizing U.S. deregulated markets but potentially overseeing regions like 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.
• Cross-functionally develop and manage relationships with teams including 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 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 Oracle’s evolving footprint and changing energy prices.
• Support teams delivering power to new DC sites, particularly those in the U.S., including developing comprehensive understandings of electricity supply equipment, utility tariffs, and contract negotiations.
• Manage RFPs for various services, utilities, and rates, and tariff structures, and support consultant/contractor RFPs for different services.
• Monitor markets conditions to inform team and site negotiations, and support consultant/contractor RFPs for various services.

Qualifications

• Desire to work in the fast-paced environment of AI/GPU computing and hyperscale data center design, construction, and operations.
• 10-15 years professional experience; 6-10 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 travel as required, including internationally.

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.
• Experience developing comprehensive understanding of gas transportation and gas molecule supply options, pros/cons, costs, risks.
• Experience developing a comprehensive understanding of available onsite technologies and integration options/ability with DC site requirements.