November 19, 2024
Senior • On-site
$124,000 - $216,000/yr
Palo Alto, CA
The mission of the Autobidder team is to accelerate the world's transition to sustainable energy by maximizing the value of storage and renewable assets. We achieve this by building state-of-the-art software products for monetizing front-of-the-meter and behind-the-meter energy storage systems. Our flagship product, Autobidder, is an end-to-end automation suite for wholesale electricity market participation of grid-connected batteries and renewable resources that maximize revenues by optimally bidding in all available revenue streams in these markets. We are a multidisciplinary algorithmic trading team with expertise in machine learning, numerical optimization, software engineering, distributed systems, electricity markets, and trading. We have a proven track record of operating storage assets and delivering high revenues in both utility-scale and Virtual Power Plant (VPP) settings. Our products currently manage over 7GWh of energy storage worldwide and have returned over $420 million in trading profits, and we're slated for rapid growth on the horizon.
You will develop forecasting algorithms for Autobidder. You will research, prototype, evaluate and productionize new forecasts for electricity prices and other relevant market outcomes. You will ensure that forecasting improvements translate into trading revenue gains for our assets. Your work will be critical in maintaining best in best-in-class performance of Autobidder. You will own production systems and be responsible for their performance, reliability and availability. Your work will help proliferate the building of battery storage and renewable projects around the globe.
Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
$124,000 - $216,000/annual salary + cash and stock awards + benefits
Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.