AddressAt Someva Renewables we're on a mission to power Australia's future, sustainably. Someva is currently developing wind and solar assets across Australia with the backing of some of Australia's strongest energy players.
Someva will become a market leading Integrated renewable energy business in Australia with a focus on greenfield initiated projects. The company is committed to working hand in hand with communities to deliver not only successful energy projects, but successful community outcomes at the same time.
We are undergoing a period of growth and change and, as such, we are seeking to bring on a talented Commercial Analyst to work closely with the founders and development team to deliver successful results.
You'll hit the ground running working across a significant capital raise with some of the best advisors in the market.
Please submit a cover letter - applications without a cover letter or note will not be reviewed.
The Role
This is a new role due to growth.
The Commercial Analyst role will support the commercial business case development for renewable technology projects in Australia. The main focus of this role is on analysing commercial and economic drivers of renewable projects.
The role comprises identifying, analysing and quantifying revenue streams for renewables, including but not limited to, merchant power prices, green certificates, Ancillary Services (FCAS), future revenue streams and portfolio benefits. In addition to that, challenges regarding curtailment and marginal loss factor (MLF) will be of key importance.
The position requires a high affinity for numerical work and handling of a large amount of industry specific data, and presentation of asset and portfolio metrics and how these sit within the industry benchmarks.
Reporting to our MD, your responsibilities will include:
- Collect, prepare, and analyse all relevant data needed as input for project models with special focus on power prices, market value of construction and operational cost of renewables / captured prices, curtailments, MLFs and ancillary services and subsidy schemes.
- Understanding the changes in the regulatory framework and energy market designs and quantifying the effects of those changes on revenues with modelling and quantitative skills.
- Evaluate and understand the long-term revenue streams for Renewables (incl. PPA, wholesale prices, specifics of LTESA and LIS support schemes, FCAS markets, LGCs/REGOs, etc.).
- Work with the wider Renewable Energy team to deliver clear and insightful reporting and analysis of our commercial performance to drive commercial decision making.
- Provide commercial and analytical support to the wider Renewable Energy team as required.
- Detailed understanding of the National Electricity Market power grid and ability to perform analysis.
- Support in modelling and analysing the revenue streams for batteries.
- Supporting PPA negotiations, valuations and routes to market.
- Support in defining optimal monetisation strategies and assisting the team in doing adequate risk analysis (e.g. value at risk, conditional value at risk, other risk measures).
- Ad hoc market analysis reports in case of market disruptions.
- Supporting capital raise activities alongside market-leading advisors in financial, legal, and tax which may include:
- Project management
- Financial modelling, project modelling
- Assisting with data-room preparation
- Reporting to investors in relation to project progress, key milestones
Essential Skills for this role
- 5 years relevant experience
- Degree in an analysis / numerical subject, preferably Engineering, Economics, Statistics or Mathematics and/or appropriate professional experience.
- Understanding of or willingness and enthusiasm to learn economics of renewable energies (e.g. MLF development, FCAS, Causer Pays Procedure and revenues from support mechanisms).
- Understanding of energy market modelling and pricing structures.
- Strong analytical and data management skills.
- Advanced Excel and PowerPoint skills.
- Excellent organizational skills with the ability to multitask and prioritize effectively.
- Exceptional attention to detail and accuracy in both office and financial management.
- Strong communication skills with the ability to engage and collaborate with a diverse range of individuals.
- Demonstrated leadership skills and the ability to supervise and motivate.
- Problem-solving mindset and the ability to make informed decisions independently.
- Self-motivated to seek out and generate opportunities to improve business process
What's in it for you?
- Located in a premium location in Sydney CBD with a modern office including a fully stocked kitchen - we like our coffee and have a top of the range machine.
- While we generally work as a team 5 days a week in the office. We can offer a degree of flexible work.
- We're currently a team of 12 and growing! We get social together with things like sailing, regular team lunches, and other activities as regularly as possible.
- $5k per year budget allocated to you for learning and development / continuing education.
- Be involved in some of Australia's most exciting wind and solar development projects.
Someva has a culture of sharing success within the business, continuous personal development and encourages external professional training opportunities. The role has the potential to expand subject to business and individual performance.
Who is Someva Renewables?
Someva is a wholly Australian owned and operated business headquartered in Sydney, Australia. Someva develops renewable energy projects with a focus on creating new income opportunities for landowners and communities, and providing lower cost electricity for the needs of future Australian generations.
Someva's experience across project planning, design, construction, and operations is aimed at creating the future clean energy infrastructure to support a transition to a low carbon economy. Someva’s primary focus is wind farm development across NSW, QLD and TAS.
Someva’s team is made up of passionate social enterprise and clean energy advocates focused on delivering genuine improvements for the communities we work in. Someva is in a growth phase and looking for candidates with high energy and ambition to be a part of a leading integrated renewable energy business.
The business is currently in ‘development’ phase where the team is undertaking to develop a number of potential wind, and solar sites across Australia. In years to come the business will move into ‘construction’ phase, and then ultimately into ‘operational’ phase. You will be part of this exciting journey.
Learn more about Someva here: www.somevarenewables.com.au
This role is available immediately. We look forward to hearing from you!
For more information contact Leah on 0478 189 *** or apply using the "Apply" button.
We thank all applicants for their interest; however, only those candidates selected for an interview will be contacted.
We are committed to equal opportunities in employment. Research shows that women are much less likely to apply for roles where they don't meet all the criteria - even if your skills don't match all the criteria, if you are interested in this role we encourage you to apply.
