Asset Manager, Market Asset Operations

The posting, as Fervo Energy wrote it

About Fervo Energy

Fervo Energy (NASDAQ: FRVO) is a modern power company developing next-generation geothermal resources to meet the growing demand for affordable, reliable, 24/7 carbon-free energy. Our mission is to transform geothermal into America’s most dependable and affordable source of clean, around-the-clock power. By combining innovations in horizontal drilling, fiber-optic sensing, and advanced reservoir engineering, Fervo has developed a repeatable approach to building utility-scale enhanced geothermal systems. Our flagship Cape Station development in Utah is planned to deliver 500 MW of firm, carbon-free power, and we are advancing a development pipeline of more than 50 GW. Join us and work alongside world-class engineers, geoscientists, operators, project builders, and business leaders working to make geothermal a cornerstone of a more reliable, affordable, and sustainable energy future.

Position Description

The Asset Manager, Market & Asset Operations owns Fervo’s day-ahead market interface in CAISO and is accountable for the quality and reliability of asset participation from bid execution through handoff to real-time operations. You will serve as the primary point of contact for the Scheduling Coordinator relationship, coordinating closely with Plant Operations, interconnection partners, and internal Asset Management stakeholders to ensure market participation accurately reflects plant conditions, outage plans, and operating constraints at all times.

This role operates at the intersection of commercial performance and operational discipline. You will support settlements validation, revenue realization, and market performance analysis, maintain the process controls and documentation that reduce single-point execution risk, and work with Governmental and Regulatory Affairs to advance market design opportunities for geothermal resources.

Responsibilities

CAISO Market Interface & Bid Execution

Own the day-ahead market interface and bid execution process for Fervo’s geothermal assets in CAISO, ensuring participation is accurate, timely, and consistent with asset capabilities and operating constraints.

Manage master file and GRDT updates, outage management in OMS/CIDI, and other CAISO readiness requirements across the asset portfolio.

Maintain a strong working knowledge of CAISO market rules and support readiness for Resource Adequacy, Renewable Energy Credits, and related compliance obligations.

Scheduling Coordinator & Stakeholder Management

Own the Scheduling Coordinator relationship end-to-end, including issue resolution, operating parameter alignment, testing schedules, and ongoing process controls.

Coordinate with Plant Operations and interconnection partners to ensure market participation accurately reflects plant conditions, outage plans, testing constraints, and capacity limitations.

Ensure the handoff from day-ahead awards to real-time execution is clearly documented, consistently executed, and op
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uston office will be required.

Benefits & Perks

• Fervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:
• Medical, dental, and vision plan options
• Employer-paid basic life insurance and short-term and long-term disability coverage
• A 401(k) plan with up to 6% match
• Flexible paid time off and paid parental leave
• Family-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through Carrot
• A dependent care FSA for eligible child and elder care expenses
• An annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet care
• Employee ownership opportunities through Fervo’s Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible roles

Benefits and programs are subject to eligibility requirements and may change.

Our Workplace

Fervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.

Equal Opportunity Employer

Fervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.