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Economic Analyst

2 months ago

Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Northern Powergrid Full time
About the Role

We are seeking a highly skilled Economic Analyst to join our team at Northern Powergrid. As a Senior Economic Analyst, you will play a key role in conducting strategic economic analysis and research within the energy sector to identify solutions and deliver written reports that influence business decisions.

Key Responsibilities
  • Develop and maintain methodologies for carrying out quantitative and economic assessments of the energy sector to support internal regulatory and policy decision making and external engagement.
  • Support Senior Economists and the wider team in identifying and defining policy priorities and relevant supporting analysis.
  • Manage the sourcing, organizing, and processing of cost and market data to carry out specific analysis across our regulated and unregulated markets.
  • Monitor and report on the state/health of the sector, based on financial/sectoral data trend analysis.
  • Understand UK economic regulation, price reviews, and regulatory frameworks in the energy sector.
  • Proactively prioritize, plan, and deliver complex subject matters that require critical risk and opportunity assessment.
  • Possess a passion and ability for the practical application of energy economics.
Requirements
  • Qualified to degree level (or equivalent) in Economics, Mathematics, or related subjects.
  • Experience of preparing or evaluating business plans of regulated companies, including in relation to cost allowances, performance targets, incentives, and/or regulatory finance issues.
  • Experience in dealing with complex economics projects/analytical models in consulting, industry, or government.
  • Previous experience working with or alongside a Distribution Network Operator.