Economic Methodology Lead - Warwick, United Kingdom - National Gas

National Gas
National Gas
Verified Company
Warwick, United Kingdom

1 week ago

Tom O´Connor

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Tom O´Connor

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Description

Job Purpose:


  • Great Britain's electricity system is undergoing an ambitious, exciting and vital transformation. Together with industry, we are creating a cleaner, greener system, one that protects the planet and serves generations to come.
  • The Strategic Spatial Planning Team will provide independent strategic advice and recommendations to industry and government on how to develop key infrastructure needed to meet Net Zero targets in the form of highimpact publications centred around key constraints. This will include modelling the future energy landscape, undertake research and data analysis, and provide insights that meet the expectations of stakeholders and industry. These are expected to include GB's first Strategic Spatial Energy Plan, a publication led by the FSO that will determine the optimal location for future energy infrastructure needed to meet Net Zero.
  • The Economic Methodology Lead will be responsible for driving the development of a suitable methodology to deliver GB's first ever Strategic Spatial Energy Plan. This will include liaising with relevant stakeholders and other FSO processes to ensure we have a methodology suitable for delivering a major infrastructure plan that has the potential to impact all GB based industry participants and consumers.
This role will be based in Warwick. We continue to offer hybrid working from office and home. This is a full-time role, and we offer flexible working arrangements.


About us:


As Great Britain's electricity system operator (ESO), we sit at the heart of the electricity system, using our outstanding engineering and commercial expertise to balance electricity supply and demand.

Ultimately, we keep the electricity flowing directly to where it's needed, second by second.


Becoming the Future System Operator

  • In 2021, government and Ofgem jointly consulted on proposals for an expert, impartial Future System Operator (FSO) with responsibilities across both the electricity and gas systems, to drive progress towards net zero while maintaining energy security and minimising costs for consumers. In October 2023, the Energy Act 2023 was passed, legislating for this Future System Operator to be created.
  • The ESO, including all of its existing roles, will be at the heart of the new Future System Operator. We will be taking on additional roles across vectors and sectors to create an organisation with a whole energy system mindset; enabling us to identify solutions to our energy system that are more sustainable, secure, and affordable for all.
  • The FSO will be set up as a public corporation with operational independence from government bringing parties together to support optimised decision making and action. As now, it will be licenced and regulated by Ofgem through price control agreements. It is anticipated that the new organisation will be up and running in The time to act on climate change is now. As part of our team, you won't just be touching the lives of almost everyone in Great Britain you'll be shaping the way we use and consume energy for generations to come.

Key Accountabilities:


  • Reporting to the Strategic Modelling Manager, the Economic Methodology Lead will drive the development of tools, processes, simulations and methodologies for the Strategic Spatial Energy Plan

This will include:

  • Leading on the delivery of a methodology that is able to cooptimise across whole energy network and supply, while considering how to handle uncertainty in future forecasts of peak demand, commodity prices and technology costs.
  • Developing an approach for zonal analysis that is able to account for highlevel network reinforcement needs, their associated costs and takes in consideration of environmental and community needs.
  • Analysing and considering multiple options to resolve deliver the Strategic Spatial Energy Plan, weighing up the pros and cons of different interventions both economic and also taking into account criteria relating to social and community benefits and deliverability of particular interventions
  • Oversee the development of new tools and models required to deliver on the methodology
  • Present results to government and industry stakeholders
  • Develop and oversee QA processes for all models and associated datasets used in creating the Strategic Spatial Planning results
  • Supporting the Spatial Modelling Manager in the collation and development of materials / reports that communicate the methodology and results of the Strategic Spatial Energy Plan to stakeholders

About you:


  • What we do isn't just important it's essential. That's why we look to recruit experts in their field.
In this case, we're looking for someone who, has:

  • Extensive experience of the GB energy sector; knowledge of the structure, regulatory environment and the short
- and long-term issues affecting the industry across multiple vectors and how they interact

  • Extensive experience in power system engineering and network d
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