Manager, Commercial (Battery Storage)

Company Description: Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges.Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

Job Description: Please note: Applicants should be UK based and already have the right to work here.To establish a robust understanding of wholesale power markets, the battery markets including their competitive landscape, relevant regulations and route to markets for all revenue stacks in markets where Masdar has and is expected to have a presence with its battery storage activities.ResponsibilitiesDevelopment of a deep understanding of batteries market (UK as starting point)Develop and maintain a strategic view of battery storage markets, initially with a focus on the UK, covering wholesale power market dynamics, competitive positioning, auction frameworks, regulatory developments, and evolving market design across current and target Masdar markets. This includes a clear understanding of the full battery revenue stack and its implications for investment and operating strategy.Assess and quantify the commercial impact of regulatory and market design changes on asset revenues, risk exposure, and route-to-market options.Build internal market intelligence and strengthen in-house modelling capability to support more informed decision-making and reduce reliance on external advisers over time.Support the definition and evolution of Masdar’s battery strategy in alignment with the company’s broader strategic objectives and growth ambitions.Provide strategic commercial input into bidding and investment processes, ensuring market positioning, value creation opportunities, and key risks are appropriately reflectedMarket modelling and analysis* Lead/manage the Commercial analysis team on the following topics if required Own high-quality commercial insight and market intelligence to support Masdar’s battery storage strategy and value creation objectives.Commercial analysis required for investment cases and business models, including power price formation, imbalance exposure, captured prices, curtailment, ancillary services, and in-house assessment of day-ahead and intraday spreads.Informed positions on network and market charges, including Transmission Network Use of System (TNUoS), and assess their implications for asset economics and portfolio strategy.Form a forward-looking view on short-, medium-, and long-term power market developments, grounded in a robust understanding of market fundamentals, regulatory evolution, renewable penetration, storage deployment, and system dynamics.Critically assess third-party revenue assumptions and market forecasts provided in the ordinary course of business and in M&A processes, ensuring that investment decisions are based on robust, challengeable commercial perspectives.Commercial management * Lead engagement with optimisers on short-term bidding strategy, market selection, and risk mitigation.

…