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Economic Analyst
2 months ago
Role: Economic Analyst
Location: Flexible within the UK
Department: Economic Insights
Reference Number: R6474 & R6475
Are you ready to advance your career and contribute to a dynamic energy sector?
The energy landscape is evolving with significant investments in innovative technologies. Northern Powergrid, the organization dedicated to delivering energy solutions to millions of customers, is leading the charge in creating a power network that addresses current and future demands.
Our mission is to excel as the premier energy provider for our customers while ensuring sustainable energy practices. In this position, you will engage in comprehensive economic analysis and research within the energy domain to uncover solutions and produce influential written reports.
In addition to a competitive salary of up to £60,000, we provide an attractive benefits package that includes:
- Participation in our pension scheme
- 25 days of annual leave plus public holidays
- Flexible working arrangements
- 20% Annual Bonus
Key Responsibilities
The ideal candidate will:
- Lead and oversee the complete assessment process from issue identification to solution formulation, supported by written documentation.
- Develop and uphold methodologies for conducting quantitative and economic evaluations within the energy sector, aiding both internal regulatory decisions and external communications.
- Assist Senior Economists and the broader team in pinpointing and articulating our policy objectives along with the necessary analytical support.
- Manage the collection, organization, and analysis of cost and market data to perform targeted assessments across regulated and unregulated markets.
- Monitor and report on the health of the sector through financial and sectoral data trend analysis.
- Collaborate with economists and strategists across various teams to maintain a cohesive understanding of both regulated and unregulated energy markets.
Essential Competencies
- Proven experience in managing complex problem-solving initiatives and critical thinking within the context of economic regulation and price assessments.
- In-depth understanding of UK economic regulation, price assessments, and regulatory frameworks in the energy sector.
- Ability to communicate intricate concepts clearly and effectively, both verbally and in writing, to influence key stakeholders.
- Strong interpersonal skills, capable of building robust relationships with internal and external partners.
- Proficient in prioritizing, planning, and delivering complex subjects that necessitate critical risk and opportunity evaluation.
- A genuine passion for the practical application of energy economics.
Qualifications and Attributes
- Degree qualified (or equivalent) in Economics, Mathematics, or related fields.
- Experience in preparing or assessing business plans for regulated entities, particularly regarding cost allowances, performance metrics, incentives, and regulatory finance matters.
- Background in managing complex economic projects or analytical models within consulting, industry, or governmental settings.
- Prior experience collaborating with or within a Distribution Network Operator.
We encourage you to explore this opportunity further.
For more information about this and other career opportunities, please visit our website.
