Fervo’s Mission is to use innovation in geoscience to accelerate the world’s transition to sustainable energy. To accomplish that goal, Fervo has developed groundbreaking technology solutions that have advanced the state-of-the-art of geothermal energy decades ahead of schedule, including the world’s most successful commercial enhanced geothermal system completed in 2023. Fervo has raised over $400 million from leading investors and has secured a multi-billion-dollar project pipeline to meet the world’s growing need for 24/7 carbon free energy. Join us and work alongside world-class engineers, researchers, investors, and developers in making geothermal a key pillar of our climate-friendly energy future.

Description

The Strategy Associate will be an integral member of the Strategy team, focused on developing diversification opportunities for geothermal heat and power, spearheading cross-functional strategic initiatives, and guiding decision-makers through long-term growth opportunities. This role will be responsible for working on a range of projects that require adaptability and a multi-faceted skillset and will bring a new perspective with diverse ideas. The Strategy Associate will report to the Strategic Lead.

Responsibilities

• Market Research: Conducting thorough frontier market research to identify key diversification opportunities for geothermal heat and power, trends, and threats in the industry relevant to the company’s strategic objectives; Generate new ideas for diversified offtake
• Competitive Analysis: Analyzing competitors’ strategies, products, and market positioning to provide insights for the development of competitive advantage.
• Financial Analysis: Analyzing financial data and performance metrics to assess the financial health of the company and evaluate the impact of strategic decisions.
• Cross-functional Collaboration: Collaborating with various departments such as marketing, finance, and operations to gather input, align strategies, and ensure effective execution of strategic initiatives.
• Risk Assessment: Identifying and evaluating risks associated with strategic initiatives and developing mitigation strategies to minimize potential negative impacts.
• Presentation and Communication: Preparing presentations, reports, and other communication materials to convey strategic recommendations, findings, and progress to senior management and stakeholders.
• Continuous Improvement: Proactively seeking opportunities for process improvement and optimization within the strategy function and across the organization to enhance overall effectiveness and efficiency.
• Stakeholder Engagement: Build communities of external stakeholders within specified industries to educate on Fervo’s offerings, establish long-term relationships, and further inform Fervo’s industry perspective

Qualifications

• Bachelor’s Degree required; engineering, finance, accounting, economics, or related field preferred; MBA preferred
• 3+ years of relevant professional experience
• Excellent written and verbal communication skills
• A high degree of organization, creativity, and self-motivation
• Ability to thrive in a highly autonomous role with limited supervision or direction amongst changing priorities

Location

Fervo Energy is headquartered in Houston, TX, with growing offices in Golden, CO; Reno, NV; Oakland, CA; and Salt Lake City, UT. This position will be eligible for some hybrid work flexibility, but regular in-office presence at any of the above locations will be required, with preference to Golden or Houston.