Who are Eku Energy....
Eku Energy is deeply committed to our mission of accelerating the global energy transition by delivering safe, secure, and reliable energy storage solutions that provide cost-effective clean energy to existing and future generations. Our vision is to be recognized as the world's best creator of energy storage investment products.
At Eku Energy, we are a high-performance global team that is expert and specialist in energy storage: this is what we do. What sets us apart is our technology enabled business paired with our curiosity and outcomes focused mindset to deliver innovative solutions around design, contracting structures and financing to achieve the most cost-effective clean energy solution to energy users.
Operating across the entire project lifecycle—from origination and development through to construction and ongoing management. Eku Energy is a trusted leader in the energy sector. The company’s global presence across Australia, Japan, Italy, and the UK allows us to bring together a wealth of experience in navigating complex regulatory, financial and market environments.
Initially established by Macquarie’s Green Investment Group, Eku Energy is jointly owned by a Macquarie Asset Management managed fund and British Columbia Investment Management, two financial powerhouses advancing the renewable energy transition. Due to Eku’s accelerated growth period since launching in November 2022, the company now have 7 projects in either construction or operation with 50+ projects in the pipeline globally.
Introduction to the role
This is a fantastic opportunity for an experienced and motivated Senior Market and Policy Expert to join Eku’s rapidly growing Battery Energy Storage business and support the transition to a low carbon, sustainable global economy.
Eku’s Battery Energy Storage business is responsible for the successful management and delivery of a pipeline of BESS projects, the origination of new opportunities and partnerships as well as the provision of asset management and advisory services to third party investors.
You will be working within the Technology Markets and Trading team to deliver the execution strategy by identifying opportunities and changes in Japan's policy and regulatory framework to inform development, construction and operational phases. You will work with multi-disciplinary teams to identify project risks, barriers, and issues and propose possible solutions and mitigation strategies to ensure project requirements are met and ensure interfaces with contractors and stakeholders are identified and appropriately managed.
Responsibilities of the role
· Advise on policy and regulations for all phases of project/program/investment development, execution, and operation including market participation, asset selection, integration, and trading
· Understand and evaluate market trading and bidding rules and integration requirements for energy storage in all available market products in Japan
· Understand current market rules and regulations to identify conditions and constraints for participation in all specified markets and behind the meter applications, and the potential revenues associate with these conditions and constraints
· Manage, monitor, advise on, and advocating for change of the relevant policy and regulation requirements for technology, markets, and trading in Japan
· Lead engagements, relationships and efforts in policy reform, draft rule change assessment, conduct internal reviews of draft external communications and submit agreed policy position
· In depth understanding of subsidy frameworks, and outline prioritized activities to achieve high (winning) scores on the subsidy framework evaluation criteria
· Work with Eku internal stakeholders to prioritize, plan and deliver activities required for achieving high scores on the subsidy framework evaluation criteria
· Identifying areas of policy and regulation focus and participation for business in Japan over a 3, 5, and 10 year time frame
· Develop strategies, reports, submissions for the purpose of business case development and operations of energy technology and market participation
· Work with the TMT team to interface with governmental bodies and structuring policy outcomes that enable new revenue models for energy storage and renewable energy projects and contracts, including both grid based and behind the meter project regulatory evolution with government bodies, including discussions with commercial, industrial and retail offtakers to balance project and offtake interests
· Defining, understanding evolving requirements, advocating preferred positions on and managing asset registration, applications and regulatory operational requirements
· Evaluate 3rd party market consultant reports and revenue forecasts and make recommendations on the appointment and conditions of 3rd parties consulting engagements
· Develop and maintain strong stakeholder relationships with Government, industry bodies and relevant counterparties.
Requirements
Minimum requirements include
· Degree qualification in a numerical degree (such as engineering, commerce, data science)
· Previous experience in quantitative analysis in the Japan Electricity Market
· Understanding of at-risk type analysis for opportunity evaluation
· Highly numerical with advanced modelling skills
· Passion for improving existing processes and the ability to challenge current thinking
· Clear communicator including at very senior level
· Must be available for interstate and possible overseas travel as required
The focus of the role will be optimisation of the Japanese assets however there is an expectation that the Senior Manager will work closely with experts across different offices (Australia and UK) as well as supporting new markets. This means there will be occasional out of hours calls and meetings.
Competencies required of all our people
· Organisational: Entrepreneurial thinking and acting - problem solving capability - innovation capability – proactive ‘can do’ attitude.
· Social: Highly motivated with a versatile personality - excellent interpersonal skills - client orientation, communicative - collaborative - keenness to knowledge share.
· Implementation: Self-management - result and solution orientated - quality awareness - Welfare, Health, Safety and Environmentally focused.
· Culture: Helps to build a foundation of trust – creates stability – instils kindness – provides structure – is and fosters accountability – cultivates a spirit of reliability – fosters respect.
Benefits
Our commitment to Diversity, Equity, and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders, and communities. At Eku Energy, you will be encouraged to be yourself and supported to perform at your best. We want you on our team. If you need adjustments made to the recruitment process or while you are working with us, please let us know.
As an inclusive employer, we do not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.
Joining Eku Energy means you will be able to work in a way that suits you best. With the right technology, support and resources, our people can work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.