· Responsible for managing the revision/ development/implementation of sector charges driving the efficiency driving the efficiency through designing effective pricing signals from start to end of supply chain.
To support the Pricing and Tariff Section Head and other team members by leading the development and production of high-quality economic, financial and statistical analysis, economic and financial models, data and reports.
The key areas include development of customer charges, tariffs and sector subsidy and cost forecasting, renewables, nuclear power, new fuels and demand forecasting
Ensure economic advice and recommendations on setting of price controls and tariffs is aligned with key tenets of the energy sector - sustainability, security of supply and affordability; and confirm alignment to social, economic, and environmental objectives determined by the Government.
Provide advice on broader economic and regulatory issues affecting the sector.
Support the price control process including the review of OPEX/ex-ante and ex-post CAPEX; setting of Weighted Average Cost of Capital (WACC); identification and development of new incentives and Regulatory Instructions and Guidance (RIGs); tariff and subsidy development; review and approval of MAR and tariff information (MTI); and setting of ‘cost to serve’ e.g., metering.
3-5 years of experience in Economist and/or Regulatory roles in the utility sector