Regulation Analyst

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ESB is a purpose-led company striving to create a brighter future for the customers and communities we serve, leading the transition to reliable, affordable, low-carbon energy. Today, we operate one of the most progressive electricity systems in the world, with activities spanning electricity generation, transmission, distribution, and supply in Ireland, Northern Ireland, and Great Britain, and an international energy consulting business.

With almost 8,000 employees, we invested €1bn in infrastructure last year, contributed over €2bn to the economies we operate in, and distributed over €2m across a range of community initiatives. This requires us to bring the best of our capabilities together to deliver innovative and value-driven solutions that enable our customers to live low-carbon lives. ESB strives to foster an effective and inclusive culture where people engage, challenge, and feel connected to our purpose, colleagues, customers, and community.

Position Description

ESB Generation and Trading Regulation and Compliance has a vacancy where you can apply and develop your economic skills and have an impact on the transition to a low-carbon world.

ESB has led the transition to electrification since 1927, and our company is characterized by a commitment to drive society and its economy forward. Our purpose is to deliver a brighter future for the customers and communities we serve, and this is reflected in our constant and unwavering commitment to tackling society's biggest challenges, enhancing people's lives, and creating new opportunities. You can support us in delivering this change as you learn from an experienced and recognized team in the generation business.

ESB is taking urgent and focused action to achieve net-zero emissions by 2040 and still ensure that power is affordable. We are Ireland's leading power generator not only by size but also by having varied types of technologies, and you can help us deliver on our purpose as part of the team in Generation.

You will join an experienced Regulation team that is at the center of many of the challenges and projects in our generation business.

As we operate across jurisdictions, you will have the opportunity to develop subject matter expertise in a wide variety of topics across the Single Electricity Market (SEM) of Ireland, Northern Ireland, and the GB energy market.

What We Offer

• ESB will be at the forefront of the development of offshore wind and renewable gases including hydrogen in Ireland, and the Regulation team will be key to delivering on the company's ambitious net-zero emissions targets. You will get the opportunity to influence the shape of the future energy markets that will be needed to enable a secure and sustainable transition to net zero.
• ESB will offer you the opportunity to contribute to initiatives that will safeguard the security of energy supply for the country as we strive to ensure our renewables future is backed up by flexible low-carbon generation, which will be a key part of our operational assets during the transition period.
• We will build on your economic expertise looking at market incentives, creation of investment signals, and the importance of regulation in markets.
• We will support your learning on the job by being part of a team that is driven by ESB's high-performance culture and by ensuring that opportunities for development and training are facilitated. You will also get a very good understanding of the company with considerable scope for personal growth.
• The team covers many issues, so your development will be driven by getting an awareness of the different areas and then building on getting experience. ESB is a large organization with over 9000 staff members, so as you develop your career within the Regulation team, you will also learn the competencies that will make you suitable for wider roles.
• As the challenge to drive to low carbon becomes keener, opportunities and challenges will inevitably arise, making sure that the work you are involved with is always interesting.
• By joining the team, you will have an opportunity to affect the direction and delivery of solutions addressing the social challenge of our time to drive to a low carbon sustainable future.

Key Responsibilities

• Ensure you understand the market rules and the impact they have on commercial success.
• Use economic principles to review and analyze the impact of any industry rules.
• Communicate the impact of regulatory and energy policy decisions on the Business.
• Consider changes in rules that can improve commercial returns.
• Work closely with other teams across the generation business and wider.
• Consider the impact of renewable generation on future market designs.

Experience and Qualifications

• A drive to learn more, be inquisitive, and be a positive member of a team.
• Bring a real interest in economics and applying it to real-world problems.
• Have a real interest in getting to the root of a problem and applying analytical skills.
• Have a flair to collate and present results in a quick and understandable manner.
• Be interested in the commercial impact that regulation has so that we can fund the future and compete.
• Be able to use office skills to manage your own workload and to support others.
• Being able to talk to others is going to be key.
• A Masters in Economics (or equivalent qualification with relevance to the role) or 3 years post-qualification experience.

Location

This position will be based in our new state-of-the-art Fitzwilliam 27 office in Dublin, as the primary in-person location for collaboration and connecting with colleagues. In-person meetings will be a feature of the role, which may also involve overseas travel occasionally (e.g. Brussels/Dublin/London).

ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.

Reporting To

Managers and Specialists in the Regulation & Compliance team.

Why Work with Us?

• Opportunity to lead Ireland's transition to a net-zero carbon future.
• Progressive, hybrid working model.
• Career development through mentoring and training.
• Corporate Social Responsibility Opportunities.
• Sports and Social Clubs.
• Networking opportunities.
• Credit Union.
• Access to staff well-being programmes.
• Generous parental leave entitlements.
• Strong values-based and inclusive culture.
• Strong commitment to diversity, equity, and inclusion.
• Great team environment working to our Core Values: Courageous, Caring, Driven, and Trusted.

Closing Date

14th January 2025

Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, recruitment@esb.ie

If you have any queries in relation to this job, please contact recruitment@esb.ie

Your application will be held in reserve for 6 months should you be suitable for the role.