Responsibilities
- Develop and maintain economic models, including the MNZ T&S Regulated Asset Base economic model. Ensure models are aligned with policy and regulatory parameters and leverage deep insights to ensure company maximises the value from its proposed developments.
- Provide deterministic and probabilistic economic analysis to inform key project decisions.
- Provide decision quality subject matter expertise to help ensure key decisions are high quality and timely
- Provide discounted and undiscounted unit cost analysis to benchmark company’s opportunities and aid the optimisation of opportunities.
- Responsible for ensuring models are accurate, and auditable, to build trust in investment analysis and propositions.
- Remain abreast of the evolving energy transition landscape, including technology, policy, regulatory framework, and investor sentiment to be position company’s projects for success. Interpret changes and reflect in relevant models.
- Maintain a positive relationship with relevant regulators and commercial interfaces such as Ofgem and LCCC.
- Responsible for readying the organisation for future phases of economic regulation including negotiations, price controls, and audits.
- Communicate complex economic analysis clearly to senior leaders, regulators and cross-functional stakeholders.
- Any other associated duties as reasonably required.
Experience & Qualifications
- Advanced Excel-based financial and economic modelling and data analytics
- Unit cost and Levelized Cost of Abatement (LCOA) analysis
- Whole-life cost and net present value (NPV) analysis
- Deep understanding of regulated asset frameworks including incentives, penalties, allowed return, WACC, financing and risk parameter modelling
- Degree in economics, finance, engineering, energy, or related discipline.
- Postgraduate qualifications and/or professional accreditation (e.g., CFA, chartered accountant) are advantageous.
Our Oil & Gas client is currently recruiting for the position of Regulated Asset Economist, based in Aberdeen for an initial 12 month PAYE contract.
PAYE Rate is negotiable.
Contract position.