Economist; Infrastructure and Price Controls

Successful candidates may be based in any of our office locations – Cardiff, Glasgow, or London, we are especially welcoming applications from people based in the Cardiff and Glasgow. Hybrid working – on average, currently one day per week in the office, or approximately 20% of the month.

Ofgem is Great Britain’s independent energy regulator. Our primary responsibility is to protect energy consumers, especially the most vulnerable, while at the same time working with government, industry and consumer groups to deliver a clean, more affordable and secure net-zero energy system at the lowest cost to consumers and drive economic growth.

We have an exciting opportunity for an Economist (Infrastructure and Price Controls) to join our Office of Research and Economics within the Strategy, Economics, Research and Net Zero (SERN) directorate. This is your chance to play a key role in shaping the UK’s energy future by ensuring that major infrastructure and regulatory decisions are grounded in robust, high quality economic analysis.

You’ll work flexibly across priority projects in Ofgem’s Infrastructure portfolio, contributing to areas such as RIIO price controls, network regulation and the assessment of large scale infrastructure proposals. Your work will help ensure that our decisions are evidence based, deliver value for consumers and support the transition to a fair, affordable and resilient net-zero energy system.

In this role, you will deliver high quality economic analysis and provide clear recommendations to policy teams. You will support impact assessments, appraisals and cost benefit analysis, while reviewing economic models, challenging assumptions and interpreting key outputs. You’ll also collaborate with policy specialists and external partners, including DESNZ, NESO and academic experts to ensure the strongest analytical standards underpin our regulatory decisions.

You’ll contribute to a range of written outputs, from internal briefings to published documents, often communicating complex economic concepts in a clear, engaging and accessible way. You will work closely with colleagues across Ofgem and external stakeholders to provide analytical assurance on major projects and help shape the future direction of price controls and network regulation.

This role offers variety, intellectual challenge and the chance to influence some of the UK’s most significant infrastructure and regulatory decisions. You’ll play a central role in supporting Ofgem to deliver effective, evidence driven regulation that protects consumers and supports the net zero transition.

Join us and help strengthen the economic foundations behind the decisions that shape the future of the UK’s energy system.

The aim of this role is to be part of a growing function providing flexible economist resource to priority projects across the infrastructure portfolio of work in Ofgem. It would be an attractive role for those looking to gain experience across different areas of energy economics. You will:

• Assist across different work areas in Ofgem’s Infrastructure directorates in the context of operating in a new and growing team designed to work flexibly.
• Support the delivery of high-quality analytical work packages producing analysis and impact assessments for infrastructure projects, including Ofgem’s RIIO price controls
• Develop effective relationships with team members and infrastructure policy leads and team members, to ensure effective work

Reporting to one of Ofgem’s Principal or Senior Economists, responsibilities will include:

• Undertake, support and collaborate with policy teams in applying economic thinking and producing robust quantitative and qualitative analysis, including to inform policy design.
• Contribute to Ofgem’s work on impact assessments as well as supporting on appraisals, cost-benefit analysis and policy analysis.
• Review and quality assure economic models, challenge input data and assumptions, and interpret output data.
• Contribute to producing both internal and external documents presenting or communicating analysis, often in a non-technical way.
• Assess the reliability and…