Senior Analyst (Regulation)

Iberdrola Group; Glasgow; On-site; GBP 50,000 - 61,000; Full time

Benefits offered by this job

36 days annual leave

Pension scheme

Share incentive plan

Private medical insurance

Job summary

ScottishPower in Glasgow is seeking a Senior Analyst (Regulation) to shape regulatory submissions and funding for major projects. You will analyse regulatory impacts, engage stakeholders, and support engagement with Ofgem and government bodies.

The role sits in the Regulatory Economics team, offering a hybrid working model and a competitive benefits package. A degree in economics or related experience is desirable.

Qualifications

• Experience in regulatory or economics within energy/utilities is essential.
• Ability to communicate complex issues succinctly and clearly.
• Strong analytical and numerical skills are required.

Responsibilities

• Develop regulatory submissions for annual investments over £1.5bn.
• Interpret regulatory issues and assess financial/operational impacts.
• Provide lobbying/messaging advice for internal/external audiences.
• Support major projects engagements with Ofgem.
• Contribute to responses to government and Ofgem consultations.
• Facilitate economics work across major projects with Ofgem and stakeholders.
• Develop economics-based calculators for SPEN major projects.
• Track external regulatory publications and events for the Major Projects team.

Skills

Regulatory analysis

Stakeholder engagement

Economics background

Excel proficiency

Regulated utilities

Education

Degree in Economics

Tools

Microsoft Office

Job description

Senior Analyst (Regulation) ScottishPower HQ, Glasgow Salary from £55,000 per annum plus excellent benefits Flexible Hybrid Working Closing Date: 01/09/2026

Help us create a better future, quicker

The ScottishPower Energy Networks (SPEN) Transmission (SPT) business is pivotal in delivering the UK’s Clean Power 2030 and Net Zero ambitions. Our RIIO-T3 £12bn business plan has commenced, this will be focused on accelerating investment, securing economic growth and strengthening network resilience, and enabling the rapid connection of low‑carbon generation across central and southern Scotland. We have a unique opportunity for a Senior Analyst to join our high‑performing Regulatory Economics team to shape the future of the transmission network. With an ambitious pipeline of infrastructure delivery, innovation, and whole‑system planning, you will be joining a team who will play a crucial role in our ever‑evolving energy landscape.

As Senior Analyst (Regulation), you will work to secure regulatory funding to deliver major projects and develop regulatory submissions (including joint ventures). The postholder will actively identify relevant commercial impacts of regulatory risks and opportunities for SP Transmission across the major project portfolio whilst supporting on regulatory and strategic engagement with internal project teams and the regulator. If you are motivated by impact, thrive in a fast paced policy and regulatory environment and are ready to help drive forward the significant investment programmes then this may be the role for you!

What you’ll be doing

• Developing regulatory submissions of over £1.5 bn annual strategic investment across SPT (including joint ventures), providing regulatory solutions to commercial and delivery opportunities and challenges
• Interpreting complex regulatory issues to deliver in-depth analysis on the potential financial or operational impact on SP Transmission, alongside mitigation proposals.
• Proactively providing lobbying/messaging advice within Transmission Network Planning and Regulation Team for internal and external audiences
• Supporting on major projects-related engagements with Ofgem and developing our major projects policy positions
• Supporting the development of major project inputs into related responses to transmission consultations from Government and Ofgem, working with relevant business contacts to provide technical/ specialist input where needed.
• Supporting the facilitation of all major projects’ economics related external interactions with Ofgem and other strategic stakeholders.
• Supporting the development of economics led calculators to support the wider SPEN business with current strategic major project commercial initiatives.
• Identify relevant external publications and events to monitor the regulatory landscape, review or attend these to report to the Major Projects team on any relevant matters which may directly impact the business.

What you’ll bring

• Commercial and/or regulatory experience within the energy sector or regulated utilities is essential.
• The ability to outline complex issues in a straightforward and succinct way is essential.
• Strong analytical and numeracy skills.
• Strong stakeholder engagement and influencing skills.
• Clear and concise communication skills, both written and verbal.
• Competent in Microsoft Office applications (Excel, Word, PowerPoint, etc)
• Well organised to support working across multiple key policy areas.
• Strong collaboration skills, with the ability to work across multidisciplinary teams
• Experience from a regulation, policy, economics, commercial or codes role is preferred.
• Degree qualified (or equivalent experience) with Economics qualification or experience desirable.
• Demonstrable experience in producing or reviewing successful regulatory funding or bid submissions

What’s in it for you

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%. At ScottishPower, we believe it’s the little things we do in life that make a big difference. From helping you look after your family’s wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow. That’s why our benefits include:

• 36 days annual leave
• Holiday purchase – perfect your work/life balance with extra annual leave
• Share Incentive Plan and Sharesave Scheme
• Payroll giving and charity matched funding
• Technology Vouchers – save more and spread the cost of your technology purposes
• Count us in – pledge to reduce carbon emissions and help fight climate change
• Electric Vehicle Schemes – to help you transition to green/clean driving
• Cycle to Work scheme and public transport season ticket loans
• Options to purchase dental insurance, private medical insurance, health cash plan and annual health assessments
• Life Assurance (4x salary)
• Access to SmartSave financial wellbeing support
• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more

Why SP Energy Networks

SP Energy Networks is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. We keep electricity flowing to homes and businesses through Central and Southern Scotland, North Wales and in the North West of England. We operate over 4000km of cables and lines that make‑up the transmission network – connecting infrastructure like wind farms into the electricity system. It’s a role that puts us right at the heart of Scotland’s ambition to be Net Zero by 2044. And we’re taking it very seriously. We’re investing >£5.5 billion into our transmission network, directly supporting the rapid growth needed in renewable energy. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation. Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you’ll fit right in. We are committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to [e-mail].

We are one of the main energy companies in the world, a leader in renewables, which champions the energy transition towards a low-emissions economy. We supply energy to nearly 100 million people in dozens of countries and develops its renewable, network and commercial activities in Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil and Australia and maintains markets such as Japan and Poland, among others, as growth platforms.

Mobility

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.