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Regulatory Economics Specialist

1 month ago

London, Greater London, United Kingdom Baringa Partners LLP Full time
Senior Consultant - Regulatory Economics

Baringa Partners LLP is a leading consulting firm that prioritizes creating lasting impact for clients and pioneering a positive, people-first way of working.

We collaborate closely with clients to help them define their strategy, deliver complex change, spot commercial opportunities, manage risk, or bring purpose and sustainability goals to life. As a Certified B Corporation, we've demonstrated our commitment to social and environmental good in everything we do.

We have offices in Europe, the US, Asia, and Australia, and work globally on projects such as wind farms in Wyoming and boardrooms in Berlin.

Our Policy, Regulation, and Economics practice is seeking an experienced Senior Consultant to specialize in regulatory economics and join our team.

We offer our global clients an unparalleled combination of energy and resources sector experience, policy and regulatory know-how, economic expertise, and commercial insight. Our senior management team is respected as thought leaders within the industry, helping clients shape, define, and implement change in the energy and resources sector.

We advise organizations at the forefront of the energy transition, providing economic, commercial, and strategic consulting to energy and water companies, financial institutions, governments, and regulators. Our regulatory work is growing in scale and scope, and we advise leading energy and water utilities in price control submissions and regulatory interactions. We support Governments and regulators in developing and implementing new regulatory policy and frameworks.

We are at the forefront of new regulatory mechanisms in Great Britain, Ireland, and increasingly global regulation. Our primary focus is energy and water but we are expanding into transport and telecoms amongst other areas.

Key Responsibilities
  • Providing strategic advice to senior leaders in energy networks and water companies.
  • Advising Governments on new regulatory and policy mechanisms, such as for offshore electricity transmission, hydrogen, and interconnectors.
  • Explaining the pros and cons of transmission network access reform to clients, including moving to bespoke firm-access regimes to incentivize new renewables.
  • Supporting the development of Carbon Capture, Utilization, and Storage (CCUS) regulatory and commercial models.
  • Advising market bodies, governments, and market participants on the integration of consumer energy resources into the power system, including distribution network-level markets and tariff reform.
  • Supporting regulated utilities and regulators on regulatory programs, including consultations, price controls, investigations, and wider reform.
Requirements
  • You will be enthusiastic about regulatory economics and applying to a broad range of clients and projects in a fast-paced environment.
  • You will typically have 2 – 6 years of relevant experience working in industry and/or consulting, including standalone generation or retail businesses, energy network businesses, water companies, and/or industry bodies.
  • You will likely have some experience advising on economic regulation, for example, for water, energy, or transport networks.
  • You will have a mixture of quantitative skills (e.g., Excel modeling) and qualitative skills (e.g., report writing).
  • You may have policy and/or regulation experience in wholesale markets, retail markets, transmission networks, distribution networks, water companies, or utility regulation more broadly.
  • Professionals with tertiary qualifications in economics, policy, finance, engineering, or science are encouraged to apply.
What We Offer
  • Salary: £60,000 - £80,000 per annum, depending on experience.
  • Flexible Working: A hybrid working policy allowing for a balance between office and remote work.
  • Career Progression: Quarterly promotion reviews to ensure career growth and development.
  • Profit Share Scheme: All employees participate in the profit share scheme, reflecting the company's success.
  • Diversity and Inclusion: Baringa Partners LLP is committed to creating a diverse and inclusive workplace culture.