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Policy and Commercial Development Manager
Department: Strategy & Corporate Affairs
Employment Type: Full Time
Location: London, England, United Kingdom; Birmingham, England, United Kingdom; Leeds, England, United Kingdom
Compensation: Circa GBP 75,000
Description
Contract type: Permanent
Hours: 37.5/week
Salary: circa GBP 75,000 depending on experience
Location: London (Canary Wharf) OR Birmingham (city centre) OR Leeds (city centre)
WFH policy: Employees are required to attend the office 2 days/week
Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.
Reports to: Head of Policy and Business Development
Deadline Note: We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.
Low Carbon Contracts Company (LCCC)
The Low Carbon Contracts Company (LCCC) and The Electricity Settlements Company (ESC) are private companies wholly owned by the Secretary of State for Energy Security and Net Zero. They perform central functions in the operation of the low-carbon electricity generation Contracts for Difference (CfD), the Hydrogen Production Revenue Support Contracts (HPRSC) and electricity security Capacity Market (CM) schemes. LCCC will also have a central role in delivering the nuclear Regulated Asset Base (RAB) funding model and the Carbon Capture Use and Storage (CCUS) business model.
Policy, Regulation and Business Development Team
This team has a central role in the delivery of LCCC's corporate strategy to accelerate the delivery of Net Zero by shaping and implementing schemes which enable low‑carbon investment at least cost to the consumer.
The key activities of the team include:
- Advising and supporting Government on policy developments;
- Identifying and managing commercial risks and opportunities;
- Pursuing opportunities for policy advisory work and growth of the business;
- Providing critical analysis on Net Zero policies and market developments;
- Horizon scanning to support strategy, scheme evolution, and business readiness;
- Engaging internal and external stakeholders including government and industry to shape future policy.
Role Summary
The Policy & Commercial Development Manager will report to the Head of Policy and Business Development, and will be expected to work closely with other members of the team, including Business Development on joint workstreams, the wider Strategy & Development directorate and other departments within the LCCC organisation including Legal, Finance, Analytics, Scheme Delivery and Scheme Operations.
This role will look ahead and consider potential improvements and changes to LCCC schemes, in particular the CfD scheme, and will combine policy and insights expertise to help shape future scheme design.
Policy and Commercial Development Manager
The Policy and Commercial Development Manager will:
- Lead on the development of LCCC's Policy and Regulation work for Government on existing schemes, specifically the CfD scheme;
- Engage with Government, industry and other stakeholders to identify and or support amendments to the CfD scheme, specifically in relation to LCCC's role in the scheme. In particular this means the CfD contract, the settlement system and levies.
- Line‑management responsibility for one direct report.
- Manage relationships with, and queries from industry on how to interpret the legislation and guidance of the CfD scheme.
- Support the development of policy for new schemes within the Business Development pipeline.
- Horizon Scanning: Track, understand, engage with and communicate key market and policy developments in the energy and other relevant Net Zero sectors.
- Thought leadership: Identify and produce analysis and insights that will help deliver the team's strategy to be an independent Centre of Expertise, inform company positions on future policy design and development, and maintain our position as a trusted Advisor to Government.
- Identify threats and opportunities to LCCC by undertaking regular policy and regulation analysis, position formation and stakeholder engagement across LCCC, DESNZ, Ofgem, NESO, trade associations and other industry stakeholders as required.
- Quantify impacts of policy, regulation and commercial changes on consumers and our managed schemes counterparties.
- Support and collaborate with teams across LCCC, including Communications, Strategy, Scheme Delivery, Operations, Business Development, Legal, Finance, and Analytics in order to deliver their functions and build organisational capacity and capability in support of high‑quality analysis and insight delivery.
Key Responsibilities
Influence – Build and shape external relationships within Government, the energy industry and other sectors looking to decarbonise
- Help identify and build external relationships within Government, industry and other influencers relevant to the CfD scheme;
- Brief senior leadership and executives ahead of their external engagements; and
- Influence to support the policy engagement of our current and potential new schemes.
Engage with industry and other key stakeholders to develop the commercial side of the schemes
- Profile and research the commercial impacts of risks and opportunities to our business in relation to how industry players engage with our schemes;
- Commission internal and external analysis of policy areas that have the potential to impact the consumer/tax‑payer and/or industry; and
- Develop contractual changes which will evolve the schemes to match industry innovation.
Track, understand and communicate key market and policy developments
- Draft clear and evidenced briefings, position papers and insights pieces for the purpose of internal communications;
- Distil and simply communicate complex information to the business; and
- Identify and produce analysis and insights that will help deliver the company's strategy to accelerate the delivery of Net Zero.
Skills, Knowledge and Expertise
Essential Experience
Considerable working experience in these three areas:
- Experience and knowledge of the CfD regime;
- Strong understanding of the current UK renewable energy policy landscape; and
- Ability to influence and build positive internal and external working relationships across different teams/organisations
Desirable skills and experience
- People Management experience
- Experience of working on large scale and complex contracts, understanding how policy changes and developments impact contractual delivery.
- Experience of working in a policy and regulation role with Government interaction.
- Strong understanding of how policy effects contractual management, with the ability to communicate how policy and contract changes impact wider team and business processes.
- Experience of managing, developing and mentoring a team.
- Experience in developing and maintaining commercial relationships with key suppliers and stakeholders.
- Able to innovate and generate ideas on future scheme improvements, taking into account broader sector and policy implications.
- Experience explaining and presenting complex technical or financial information, including to senior stakeholders.
- Ability to work across several teams and departments to develop and influence policy – utilising various skills and expertise through effective collaboration to ensure that the development of policy is rounded and considers all aspects of the business and its stakeholders.
- Able to prioritise and flex focus in an impartial way, depending on business need and weighing up the relevant commercial, policy, technology and legal risks and benefits.
- Strong governance and delivery focus.
Employee Benefits
As if contributing to and supporting work that makes life better for millions wasn't rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:
- Annual performance based bonus, up to 10%
- 25 days annual leave, plus eight bank holidays
- Up to 8% pension contribution
- Financial support and time off for study relevant to your role, plus a professional membership subscription
- Employee referral scheme (up to GBP 1500), and colleague recognition scheme
- Family friendly policies, including enhanced maternity leave and shared parental leave
- Free, confidential employee assistance, including financial management, family care, mental health, and on-call GP service
- Three paid volunteering days a year
- Season ticket loan and cycle to work schemes
- Family savings on days out and English Heritage, gym discounts, cash back and discounts at selected retailers
- Employee resource groups