Title:  Senior Economics Specialist - NESO

About the role

National Energy System Operator’s (NESO) strength lies in our people. Together, we’re shaping the future where clean, affordable energy is accessible for all. Every day is an opportunity to make a real difference, accelerating the progress of sustainable GB energy, keeping people connected and society thriving as we create a brighter tomorrow.

National Energy System Operator (NESO) are looking for a Senior Economics Specialist to join the REMA Strategy team. This exciting opportunity will allow the post holder to work across the REMA programme and other NESO strategic programmes, contributing to create an aligned strategy that underpins key messages and decisions.

The Senior Economics Specialist will work in collaboration with REMA policy teams to ensure key messages are consistent, maximising the value of the REMA programme to enable a decarbonised, secure, and affordable energy system. The role will also require strong quantitative skills, as the REMA strategy team will play a crucial role in supporting other REMA teams in their quantitative work.

The role holder will develop and maintain key relationships with internal and external stakeholders, contributing to a wide range of policy work and ensuring NESO views are coherent across workstreams.

This role can be based from Wokingham or Warwick, and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements.

About us

The creation of National Energy System Operator (NESO) is driven by an urgent need to unify and optimise our approach to energy. A more integrated and coordinated strategy is needed to meet the unprecedented challenges of climate change, ensuring secure energy supply, and keeping costs manageable for consumers.

Join us and empower your potential, energise our team, and be part of something bigger.

Your energy, our future, together.

About the National Energy System Operator (NESO)

In Autumn of 2024, the ESO transitioned to National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator is the independent body responsible for planning Great Britain’s electricity and gas networks and operating the electricity system.  

The ESO, including all of its existing roles, are now at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users’ need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them.

The organisation is set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As was the ESO, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all.

The time to deliver is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come.

Key Accountabilities

• Robust quantitative and qualitative methodologies for analysis of key GB electricity outcomes
• Lead on policy and strategy development (writing papers, developing strategic frameworks for assessment)
• Communicating effectively with technical and non-technical audiences

About you

We’re forging the path, and we know we can’t do it alone. That’s why we need visionary minds like yours to join us on this transformative journey. In this case, we’re looking for someone who:

• Passionate about energy, markets, policy.
• Understanding of GB electricity market design.
• Understanding of economics of investment in GB power system.
• Experience of power system modelling is desirable.
• Solid experience of using Plexos is desirable.
• Strong communicator with excellent writing and presentation skills.
• Passionate about communicating complex issues to audiences with varying levels of familiarity in power systems and power markets.
• Flexibility and agility to manage a wide range of issues at the same time and to prioritise use of resources.
• Solid experience of using quantitative and qualitative evidence to develop a thoughtful and independent viewpoint.

What you'll get

A competitive salary between £60,000 - £68,000pa – dependent on experience and capability.

As well as your base salary, you will receive a bonus based on company performance, 26 days annual leave as standard and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.

As we work towards creating a cleaner, greener, and more affordable future for all, we also work towards creating a place for our teammates to belong, with professional and personal growth and positive well-being.

• Full support and career-development resources to expand your skills, enhance your expertise, and maximise your potential along your career journey.
• A diverse and inclusive community of belonging, where teammates are empowered to bring ideas to the table.
• Generous Total Rewards Plan – comprising of health, finance and wealth, work/life balance, and career benefits.

More Information

This role closes on 7th November 2024 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. 

We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.

#LI-AW2
#LI-HYBRID