Head of Power Origination

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy. The Head of Power Origination will take a leading role in identifying, engaging with, and executing customer and partnership strategies and deals for future ARC power plants. You will lead the commercialization, market entry, and structured contracting, playing an active role in transforming how this new form of clean, resilient power gets contracted and deployed. Reporting to the Head of Power Business, you will lead energy customer development and secure long-term offtake agreements, building and translating our pipeline into committed contracts, capital, and bankable assets.

Responsibilities

Lead the origination, structuring, negotiation, and execution of long-term power purchase agreements (PPAs), tolling arrangements, environmental product contracts, and capacity contracts for ARC fusion power plants; Develop and maintain strategic relationships with key anchor customers, including regulated and municipal utilities, electric cooperatives, hyperscalers, industrial off-takers, and government agencies; Formulate and implement the overall wholesale and retail origination strategy to secure contracted revenue streams that support project financing and long-term business objectives; Provide commercial leadership during utility procurement processes, competitive solicitations, bilateral negotiations, and RFP responses; Collaborate cross-functionally with project development, finance, legal, external affairs, and engineering to ensure alignment between customer needs, project economics, and deployment strategy; Build, mentor, and manage a high-performing team of origination professionals; Design and implement innovative contract structures to engage early adopters while mitigating contractual risks in deployment of novel fusion power plants; Identify high-value power markets, RTOs, and favorable regulatory frameworks for attractive deals and partnerships; Monitor energy market trends, resource plans, and regulatory developments across North American RTOs/ISOs; Develop and own the commercial framework for project opportunities, analyzing market data, assessing risks, and presenting strategic recommendations to executive leadership; Represent CFS at industry events, customer meetings, and strategic forums as a subject matter expert and ambassador for fusion energy; Oversee post-execution lifecycle management, ensuring compliance with contractual obligations and nurturing long-term strategic partnerships

Requirements

Bachelor's Degree preferably in Engineering, Engineering Technologies, Business, Finance, Economics, Math, Physics or a related field OR 10+ years of progressive energy industry experience, with at least 5 years specifically leading power origination, structured energy sales, or power marketing; Proven track record of originating and closing large-scale, long-term power purchase agreements (PPAs), tolling agreements, environmental product contracts, or capacity contracts; Deep technical understanding of North American wholesale power markets, RTO/ISO market rules, transmission dynamics, and commercial risk allocation; Established network of executive contacts across utilities, corporate/hyperscaler procurement teams, and wholesale counterparties; Strong financial acumen with direct experience working alongside project finance teams to ensure contract bankability and acceptable risk-adjusted returns; Superior negotiation, presentation, and communication skills, with a track record of presenting to C-suite executives and investment committees; Entrepreneurial mindset with the ability to thrive in a high-growth environment and turn broad, ambiguous opportunities into executed deals; Perform activities such as typing, standing, and sitting, for extended periods of time; Willingness to occasionally travel or work required nights/weekends/on-call, up to 25% travel (day-trip & overnight); Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics

Nice to have

Master's degree, MBA, or advanced technical degree preferred; Understanding of Global wholesale power markets; Experience with clean baseload power, first-of-a-kind (FOAK) technologies, energy storage, or infrastructure; Demonstrated experience managing basis risk (nodal vs. zonal pricing splits), shape risk, and congestion/line-loss settlement mechanisms; Knowledge of advanced decarbonization procurement standards, such as hourly 24/7 Carbon-Free Energy (CFE) matching and tax credit transferability (e.g., IRA PTC and ITC mechanics); Familiarity with complex utility retail tariffs, standby charges, and wheeling arrangements; Familiarity with federal energy procurement pathways, tax equity structures, or M&A-driven origination; Ability to travel up to 40% for customer meetings, site visits, and industry conferences