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Economic Analyst

2 months ago

Leeds, Leeds, 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 key member of our Economic Analysis Directorate, you will play a critical role in conducting strategic economic analysis and research to identify solutions and deliver written arguments that influence key decision-makers.

Key Responsibilities
  • Leadership and Oversight: Provide leadership and oversight of end-to-end issue assessment from identification to solution agreement, and via written argumentation.
  • Methodology Development: Develop and maintain the company methodologies for carrying out quantitative and economic assessments of the energy sector, to support internal regulatory and policy decision making and external engagement.
  • Policy Priorities: Support Senior Economists, and the wider team, in identifying and defining our policy priorities and relevant supporting analysis.
  • Data Management: Manage the sourcing, organising and processing of cost and market data to carry out specific analysis across our regulated and unregulated markets.
  • Market Analysis: Monitor and report on the state / health of the sector, based on financial / sectoral data trend analysis.
  • Stakeholder Engagement: Interacting with economists/strategists across internal and external teams to maintain a joined-up view of regulated and unregulated energy markets.
Key Competencies
  • Complex Problem Solving: Experience of managing solutions that involve complex problem solving and/or critical thinking in the context of economic regulation and/or price reviews.
  • Economic Regulation: Understanding of UK economic regulation, price reviews and regulatory frameworks in the energy sector.
  • Communication: The ability to clearly and concisely communicate complex concepts/subject matter – both orally and in writing – to influence key decision-makers.
  • Interpersonal Skills: Great interpersonal skills, having the ability to forge strong relationships with key internal and external stakeholders.
  • Project Management: The ability to proactively prioritise, plan and deliver complex subject matters that require critical risk and opportunity assessment.
  • Energy Economics: A passion and ability for the practical application of energy economics.
Qualifications and Attributes
  • Education: Qualified to degree level (or equivalent) in Economics, Mathematics, or related subjects.
  • Business Planning: Experience of preparing or evaluating business plans of regulated companies, including in relation to cost allowances, performance targets, incentives and/or regulatory finance issues.
  • Economics Projects: Experience in dealing with complex economics projects/analytical models in consulting, industry, or government.
  • Industry Experience: Previous experience working with or alongside a Distribution Network Operator.