Energy Procurement Manager

Summary

Join CoreWeave, a leading AI hyperscaler, as their Energy Procurement Manager. You will develop and execute a comprehensive energy strategy, ensuring cost-effective and sustainable energy procurement for our rapidly growing data center infrastructure across the US and Europe. This role involves collaborating with cross-functional teams, negotiating contracts, analyzing market trends, and mitigating risks. The ideal candidate possesses extensive experience in energy procurement, particularly within the tech or data center sectors, and strong negotiation and analytical skills. CoreWeave offers a competitive salary, comprehensive benefits, and a hybrid work environment.

Requirements

• Experience: 5+ years in energy procurement, preferably in tech or data center sectors
• Market Knowledge: Deep understanding of U.S. and European energy markets, including deregulated power markets
• Negotiation Skills: Proven ability to negotiate complex contracts (PPAs, tariffs) and manage supplier relationships
• Analytical Skills: Expertise in energy forecasting, risk analysis, and financial modeling

Responsibilities

• Support the development and execution of a comprehensive power and renewables energy and utilities strategy for CoreWeave
• Execute electricity supply contracts that create new clean energy capacity on the grid, reduce cost, minimize risk and leverage opportunities that benefit CoreWeave
• Work collaboratively with the data center operations team to support the development of strategic energy sourcing opportunities
• Analyze trends and regulations in the energy space to proactively identify opportunities that benefit
• Analyze market trends, regulatory changes, and consumption patterns to optimize procurement strategies
• Mitigate risks such as price volatility, supply disruptions, and regulatory shifts through hedging strategies and contingency planning
• Lead negotiations with suppliers and utilities to secure favorable terms, including PPAs, tariffs, and long-term agreements
• Manage contracts, ensuring compliance with legal and regulatory requirements
• Partner with Finance, Operations, and Sustainability teams to align energy procurement with business objectives
• Monitor U.S. and European energy markets, including renewable energy incentives, grid expansion projects, and policy changes
• Explore innovative solutions (e.g., on-site generation, storage) to enhance energy resilience for data centers

Benefits

• Medical, dental, and vision insurance - 100% paid for by CoreWeave
• Company-paid Life Insurance
• Voluntary supplemental life insurance
• Short and long-term disability insurance
• Flexible Spending Account
• Health Savings Account
• Tuition Reimbursement
• Mental Wellness Benefits through Spring Health
• Family-Forming support provided by Carrot
• Paid Parental Leave
• Flexible, full-service childcare support with Kinside
• 401(k) with a generous employer match
• Flexible PTO
• Catered lunch each day in our office and data center locations
• A casual work environment
• A work culture focused on innovative disruption
• At CoreWeave, we are committed to operating as a hybrid workplace, offering employees flexibility in how they structure their time between in-office and remote work