Senior Specialist - Energy Economics Engineer - Kuwait - 12 months

EY; Kuwait; On-site; KWD 36,000 - 54,000; Full time

Job summary

EY Kuwait seeks a senior energy economist to lead economic and technical analyses in power, water and GCC cross-border electricity projects. You will model generation economics, tariff initiatives and regulatory considerations, supporting negotiations and long-term system planning.

The role focuses on PWPAs, IWPPs, interconnector operations and market conditions, with collaboration across multidisciplinary teams and regulatory stakeholders.

Qualifications

• Energy-economics experience in utilities, generation, electricity markets or economic regulation.
• Financial/economic modelling, tariff analysis, generation economics and commercial agreements.
• Knowledge of PWPAs, IWPP models and cross-border electricity trading.

Responsibilities

• Lead economic and technical analyses supporting PWPAs, Bulk Supply Tariff arrangements and electricity/water transactions.
• Analyze generation allocation, plant performance, operating characteristics and desalination interactions.
• Evaluate fuel efficiency and support fuel-supply agreement analysis and negotiations.
• Support GCC electricity import/export arrangements, interconnector usage and coordination with interconnection entities.
• Review energy-trading agreements/codes and support financial settlement inputs.
• Analyze cost structures, tariff options, market conditions and revenue/cost forecasts.
• Provide regulatory, licensing, tariff-review and annual-budget analytical support, including PWPA expiry.

Skills

Energy economics

Financial modelling

Tariff analysis

Cross-border trading

Education

Electrical Engineering

Economics or Finance

Job description

Lead technical, commercial and financial analyses supporting generation economics, electricity/water purchase arrangements, GCC energy exchange, tariff policy, regulatory matters and long-term system economics.

Key Responsibilities

• Conduct economic and technical analyses supporting PWPAs, Bulk Supply Tariff arrangements and electricity/water transactions.
• Analyze generation allocation, plant technical/commercial performance, combined-cycle/open-cycle operating characteristics and desalination interactions.
• Evaluate theoretical and historical fuel efficiency and support fuel-supply agreement analysis and negotiations.
• Support bilateral GCC electricity import/export arrangements, interconnector usage, settlements and coordination with relevant interconnection entities.
• Review energy-trading agreements/codes; calculate and verify payable/receivable energy-exchange fees and support financial settlement inputs.
• Analyze generation/IWPP/interconnection cost structures, tariff options, electricity-market conditions and revenue/cost forecasts.
• Provide regulatory, licensing, tariff-review and annual-budget analytical support, including assessment at PWPA expiry.

Candidate Profile

• Strong energy-economics experience in utilities, generation, electricity markets or economic regulation.
• Demonstrated capability in financial/economic modelling, tariff analysis, generation economics and commercial agreements.
• Knowledge of PWPAs, IWPP models and cross-border electricity trading is strongly preferred.
• Degree in Electrical Engineering, Economics, Finance or a related field; relevant postgraduate qualification desirable.

Core Competencies

Technical analysis and modelling | Utility engineering judgement | Clear technical reporting | Stakeholder coordination | Quality and safety focus | Ability to work across multidisciplinary study teams

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