Regulated Asset Economist

Our client, an Oil and Gas Operator is seeking a Regulated Asset Economist. This is an initial 12 month PAYE contract role based in Aberdeen.

Provides detailed economic and unit cost analysis to support the commercialisation of the client’s portfolio of energy transition opportunities, including the carbon storage project in, formation of an integrated CO2 shipping hub, and the development. Owner of economic models, analysis and value optimisation insights.

Develop and maintain economic models, including the Regulated Asset Base economic model. Ensure models are aligned with policy and regulatory parameters and leverage deep insights to ensure the client maximises the value from its proposed developments.

Provide deterministic and probabilistic economic analysis to inform key project decisions.

Provide decision quality subject matter expertise to help ensure key decisions are high quality and timely

Provide discounted and undiscounted unit cost analysis to benchmark the client’s opportunities and aid the optimisation of opportunities.

Responsible for ensuring models are accurate, and auditable, to build trust in investment analysis and propositions.

Remain abreast of the evolving energy transition landscape, including technology, policy, regulatory framework, and investor sentiment to be position projects for success. Interpret changes and reflect in relevant models.

Maintain a positive relationship with relevant regulators and commercial interfaces such as Ofgem and LCCC.

Responsible for readying the organisation for future phases of economic regulation including negotiations, price controls, and audits.

Communicate complex economic analysis clearly to senior leaders, regulators and crossâ€−functional stakeholders.

Any other associated duties as reasonably required.

• Advanced Excel-based financial and economic modelling and data analytics
• Unit cost and Levelized Cost of Abatement (LCOA) analysis
• Whole-life cost and net present value (NPV) analysis
• Deep understanding of regulated asset frameworks including incentives, penalties, allowed return, WACC, financing and risk parameter modelling

• Degree in economics, finance, engineering, energy, or related discipline.
• Postgraduate qualifications and/or professional accreditation (e.g., CFA, chartered accountant) are advantageous.