JOB PURPOSE:
•The Senior Economist – Pricing is responsible for managing the revision/ development/implementation of sector charges driving the efficiency driving the efficiency through designing effective pricing signals from start to end of supply chain.
•In addition, the Senior Economist – Pricing is responsible to support the Pricing and Tariff Section Head and other team members by leading the development and production of high-quality economic, financial and statistical analysis, economic and financial models, data and reports. The key areas include development of customer charges, tariffs and sector subsidy and cost forecasting, renewables, nuclear power, new fuels and demand forecasting
RESPONSIBILITIES:
- Ensure economic advice and recommendations on setting of price controls and tariffs is aligned with key tenets of the energy sector – sustainability, security of supply and affordability; and confirm alignment to social, economic, and environmental objectives determined by the Abu Dhabi Government.
- Contribute to the development of sector fees, customer tariffs, and support mechanisms according to the best practices and the Emirate of Abu Dhabi’s strategic objectives.
- Establish connections with other government departments to ensure that the socioeconomic impact analysis of tariff/subsidy reform decisions is fully understood and accounted for in long-term reform plans.
- Assist, manage and develop, on an ongoing basis, the review and approval process for the Bulk Supply Tariff (BST), Transmission Use of System (TUoS) charge and Distrubution Use of System (DuoS) statements
- Act as the economic affairs lead in all work related to demand forecasting, providing expert input, executing ad hoc orders, and quantitative analysis of customers as needed.
- Prepare high-quality, accurate written reports on all relevant matters.
- Provide advice on broader economic and regulatory issues affecting the sector.
- Support the price control process including the review of OPEX/ex-ante and ex-post CAPEX; setting of Weighted Average Cost of Capital (WACC); identification and development of new incentives and Regulatory Instructions and Guidance (RIGs); tariff and subsidy development; review and approval of MAR and tariff information (MTI); and setting of ‘cost to serve’ e.g., metering.
- Provide economic input into new capacity tendering, pricing and commercial terms for PWPA’s / PPAs.
- Contribute to the establishment of economic and technical principles for asset valuation of mega developments.
- As requested by the Economic Affairs Directorate, assist / participate in the leadership of economic projects and work streams.
- Develop excellent working relationships across COMPANY and in other key Departments such as the Department of Finance and the Department of Economic Development.
- Promote and maintain a good image of the COMPANY, while conducting business in an ethical and professional manner.
Job Details
Posted Date: | 2024-07-12 |
Job Location: | United Arab Emirates – Abu Dhabi |
Job Role: | Teaching and Academics |
Company Industry: | Energy & Renewables |
Preferred Candidate
Career Level: | Mid Career |
Nationality: | United Arab Emirates |
Degree: | Bachelor’s degree |
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