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. This role plays a key part in achieving Oracle’s commitment to 100% carbon-free electricity for its offices and cloud offerings, as well as its goal to reach 100% carbon-free electricity for Oracle Custom AI Data Centers by 2035.

Responsibilities

• Source and negotiate strategic power agreements with utility providers and independent power providers, ensuring the best possible outcome for Oracle.
• Manage day-to-day energy strategy across specific markets, with a focus on U.S. deregulated markets, and potentially overseeing North and South America, EMEA, and Asia-Pacific.
• Create and manage requirements around energy sourcing, including leveraging expertise of regulated and deregulated power markets, financial modeling, and analysis, managing RFPs, contract negotiations, and development of 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.
• Maintain awareness of energy markets and specific utilities, IPPs, and electric grids for opportunities and risks, 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.
• Partner with finance on developing annual energy budgets based on knowledge of current and future footprints and changing energy prices.
• Support team delivering power to new DC sites, focusing on Oracle’s largest sites primarily in the US, including developing comprehensive understanding of electricity supply equipment, utility tariffs, contract negotiations, financial modeling, managing RFPs, supplier onboarding, and monitoring markets conditions to inform team and site negotiations.
• Support consultant/contractor RFPs for various services, utilities and rates, and tariff structures.

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 willingness to 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.