SVP, Thermal & Hydro

LS Power Development, LLCNew York City, New YorkOn-siteFull-timePrincipal, 12–15+ yearsListed 9 hours ago

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About this role

Overview

About us:

Founded in 1990, LS Power is a premier development, investment, and operating company focused on the North American power and energy infrastructure sector, with leading platforms across generation, transmission and energy expansion solutions. Since inception, LS Power has developed or acquired 50,000 MW of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. Through its transmission business, LS Power Grid, the company has built 780+ miles of high-voltage transmission systems with another 375+ miles currently in construction or development. LS Power actively invests in and scales businesses that are meeting the growing needs of the energy expansion, including electric vehicle charging, demand response, microgrids, renewable fuels and waste-to-energy platforms. Over the years, LS Power has raised more than $89 billion in debt and equity capital to support North American infrastructure.

Our Purpose, Mission, & Values:

Our Purpose is to solve complex energy problems that improve the world

Our Mission is to make lives better by developing a cleaner and more reliable energy ecosystem

Our Values are the willingness to participate in and help strengthen our culture of integrity, Innovation, Teamwork, and Taking Ownership

Our People create value and are our Most Valuable asset. We take our values of Integrity, Innovation, Teamwork and Taking Ownership seriously and ask candidates to think about how they can help us further enhance our culture with their specific skillsets, capabilities and experiences.

Benefits:

We provide our team the opportunity to share their unique perspectives, solve new challenges, and continue in their career growth. We are committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits that include 100% employer paid premium healthcare, paid parental leave and more.

Compensation:

The salary for this role is $250,000 - $300,000. This is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York City. This salary range may also be modified in the future.

About the Role:

As Senior Vice President, Thermal & Hydro, you will provide strategic leadership and oversight for the commercial management, optimization, and growth of LS Power's thermal and hydroelectric generation portfolio. You will lead efforts across asset valuation, revenue optimization, market strategy, fuel management, hedging, acquisitions, and risk management, ensuring the portfolio is positioned to maximize value across evolving power, capacity, environmental, and fuel markets. This role requires deep expertise in thermal and hydro generation economics, wholesale power markets, and commercial strategies that drive long-term profitability while supporting LS Power's investment and growth objectives.

Responsibilities

What you will do:

- Lead commercial strategy and performance for LS Power's thermal and hydro fleet.

- Drive revenue optimization and market forecasting across energy, capacity, ancillary, environmental, and fuel markets.

- Oversee fuel procurement, transportation, and storage for thermal assets.

- Lead hedging and risk management to optimize risk-adjusted returns.

- Provide valuation and underwriting for acquisitions, development, repowering, and life-extension projects.

- Partner with Asset Management and Operations on outage timing, dispatch, and capital decisions.

- Build relationships with ISOs/RTOs, fuel suppliers, counterparties, and regulators, and track market and policy changes.

- Lead, manage, and develop a high-performing team while establishing and reinforcing commercial best practices.

Qualifications

We want you on our team because you…

- Have a Bachelor's degree; advanced degree preferred.

- 15+ years of experience in power markets, energy trading, commercial asset management, or portfolio optimization.

- Have deep expertise in thermal and hydro economics and U.S. wholesale power markets.

- Have a track record in hedging, optimization, and risk management for generation assets.

- Know natural gas markets, transportation, and fuel procurement.

- Have proven team leadership and strong commercial judgment.

- Communicate clearly and think strategically.

Ideally, you have...

- Experience managing large thermal and hydro portfolios across PJM, ERCOT, MISO, SPP, NYISO, and ISO-NE.

- Deep knowledge of spark spreads, dispatch economics, hydro scheduling, and ancillary services.

- Experience negotiating fuel supply, transportation, tolling, and structured hedge agreements.

- Familiarity with acquisition underwriting, financing structures, and repowering.