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| Title | Analyst Low Carbon RAB |
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| Description |
Ofgem works on behalf of energy consumers to ensure that every household and business in the UK can rely on a safe, affordable and environmentally sustainable energy supply. We are playing a vital part in accelerating the transition to Net Zero and a carbon neutral energy system - a goal that everyone wants to achieve. Whatever your role, you’ll be playing your part in creating new energy solutions that are great for customers, and great for the environment.
We offer a diverse range of flexible working career opportunities: roles that are stimulating and rewarding, where you can get involved in ground-breaking work. And it’s important to us that we recruit from a wide range of professional and personal backgrounds – bringing different perspectives and experiences to our work. Our Low Carbon Regulated Asset Base (RAB) team works across some of the key components of the Government’s ten-point plan for a green industrial revolution. So this is a great opportunity to play your part in working towards Net Zero targets, shaping low carbon policy and promoting the best interests of energy consumers. Expect to get involved in cutting-edge topics such as carbon capture use and storage, new nuclear investment, and monitoring the implications of hydrogen as an emerging energy source. As an Analyst on the team you will contribute to detailed development of core components of the regulatory regime and programme management - developing strategic, policy, and regulatory advice relating to the development of new models and frameworks. You’ll be part of a highly collaborative and supportive team, where you’ll be encouraged and supported to develop your expertise across different subject matter that could include: regulation, economics, finance, legal, or cost assessment/engineering. We want to hear from people who are passionate about making a difference to this vital work. You should be a clear and logical thinker who can grasp complex issues and material and communicate well in writing and in person. You should be well-organised and able to manage priorities and take the initiative to meet deadlines, and you’ll already have experience of analysing concepts to arrive at informed recommendations. Ofgem is proud to be an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of open and fair competition, merit and business need. Job descriptionThe Low Carbon Regulated Asset Base (RAB) team is a collection of high performing and flexible staff, working across a number of new and exciting policy areas. Our work is excitingly varied, from advising the Department for Business, Energy & Industrial Strategy (BEIS) and Her Majesty's Treasury (HMT) on regulatory and strategic issues, developing new approaches to financing large scale energy investment, regulating new energy technologies and services, to developing policy crucial for meeting our decarbonisation goals. Some of the team’s remit currently includes carbon capture use and storage, new nuclear investment, and monitoring the implications of hydrogen as an emerging energy source. All of the above make up key components of the Governments ten point plan for a green industrial revolution.
As part of an integrated and broad team of policy, finance, engineering, legal and regulatory experts, new joiners to the team will have the opportunity to support detailed development of core components of the regulatory regime and programme management for Ofgem’s Low Carbon RAB work. These roles will suit those who are ambitious to develop their skills, to take on responsibility, and to learn. Successful candidates will be prepared to work flexibly, potentially being deployed on other exciting projects as new priorities emerge. Responsibilities• Work with managers to support the team in developing strategic, policy, and regulatory advice relating to the development of new models and frameworks, including new regulatory asset base models that could be applied, amongst other things, to large low carbon generators and carbon capture use and storage.• Assist and support the development of policy proposals that are designed in order to maximise value for consumers. • Contribute to team recommendations for Senior Management on key elements of strategy, policy, regulatory functions and potentially specific projects. •Engage with a range of internal and external parties on key policy and regulatory decisions with mind to Ofgem’s strategic narrative. • Contribute to analysis and research to help develop the team’s understanding of the level of risk associated with different policy options, regulatory regimes and individual projects. • Positively respond to changing priorities when necessary. As a flexible team, the postholder will be expected to support a range of projects across Strategy and Decarbonisation (and potentially other directorates). They may be deployed in other high priority areas, should the need arise. • Work with the team to implement agile ways of working and project management to meet deliverables and support continuity between the CCUS and nuclear workstreams. BehavioursWe'll assess you against these behaviours during the selection process:
Technical skillsWe'll assess you against these technical skills during the selection process:
BenefitsOfgem can offer you a comprehensive and competitive benefits package which includes; up to 30 days annual leave. Excellent training and development opportunities. The opportunity to join the Civil Service pension arrangements which include a valuable range of benefits. Flexible working hours and family friendly policies. Restaurant and subsidise gym (London only). Interest free season ticket loan.
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