The opportunity
OpenAI, in close collaboration with our capital partners, is building the world’s most advanced AI infrastructure ecosystem. The Power & Land team owns the energy strategy required to secure reliable, scalable, and economically resilient power for OpenAI’s global data center portfolio.
What you'll do
Develop and maintain OpenAI’s commodity hedging strategy across electricity,: natural gas, and related energy exposures for data center operations and growth.
Quantify portfolio exposure by market, site, load shape, tenor, tariff, and: supply structure, and translate that exposure into clear hedging recommendations.
Evaluate and execute hedging structures including fixed-price supply,: forwards, swaps, options, retail supply products, congestion and basis risk mitigation, and related instruments where appropriate.
Partner with utilities, suppliers, traders, banks, consultants, and market: counterparties to source competitive products and improve risk-adjusted energy economics.
Build decision frameworks for when to hedge, how much to hedge, and which: risks to retain across different stages of site development, construction, and operations.
Coordinate with finance, treasury, legal, procurement, energy regulatory,: sustainability, and site-readiness teams to ensure hedging strategy aligns with broader infrastructure objectives.
What they're looking for
- Monitor wholesale power markets, gas markets, congestion, basis, capacity,: ancillary services, tariff developments, and regulatory changes that could affect portfolio cost or reliability.
- Produce executive-ready analyses on commodity risk, hedge performance,: downside scenarios, and recommended actions.
- Help build repeatable governance, controls, reporting, and playbooks for: commodity risk management across the infrastructure portfolio.
- + years in power trading, energy procurement, commodity risk management,: utility strategy, energy markets, or related roles.
