About Our Client
Commercial Regulatory Manager for a large offshore electricity transmission business
Job Description
I am recruiting for a Commercial Regulatory Manager for a large offshore electricity transmission business. (Role can be in London or Glasgow) The role:
- Monitor market developments, conduct economic analysis to support management decisions on commercial strategy and investments, and to input to internal reports.
- Ensure ongoing compliance for the LirIC project with all relevant codes and regulations in relevant jurisdictions including GB and SEM for relevant licensed activities including interconnection and transmission.
- Lead on the development of regulated commercial arrangements, such as for LirIC, the Final Project Assessment, Access Rules and Charging Methodology Statement and manage any public consultation processes and obtain regulatory approvals and agreements with relevant market platforms etc
- Analyse regulatory changes for commercial implications and advise internal teams accordingly.
- Work closely with financing, commercial and procurement teams to support economic analysis, revenue modelling, cost recovery frameworks, and incentive mechanisms within regulatory structures.
- Support commercial bids or acquisitions by providing regulatory due diligence and advice on policy-related risk and opportunities.
- Devise the operational commercialisation strategy for projects in development in order to satisfy Final Investment Decision criteria.
The Successful Applicant
A successful Commercial Regulation Manager should have:
- Regulatory or commercial role within the UK energy sector—ideally within electricity interconnectors, or electricity markets or trading
- Experience of influencing regulators and authorities in the design of regulatory regimes
- Strong understanding of electricity regulation in GB and NI, including knowledge of the GB Cap and Floor regime in particular the FPA and PCA processes.
- Proven experience engaging with regulators and influencing regulatory outcomes
What's on Offer
- A competitive salary ranging from £90,000 to £129,000 per annum.
- Annual performance-based bonus.
- London or Glasgow (hybrid)