Transform the energy transition landscape as an Asset Economist with a leading E&P company's innovative new energies team.
Status: Temp/Contract
Location: Aberdeen
Rate: Available Upon Request
Exciting opportunity for an Asset Economist to work with an E&P company in the new energies team. Initially the contract will be for 1 year.
Overview job description
Provides detailed economic and unit cost analysis of portfolio of energy transition opportunities. Owner of economic models, analysis and value optimisation insights.
Main duties and responsibilities
- Develop and maintain economic models. Ensure models are aligned with policy and regulatory parameters and leverage deep insights
- 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 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
- Interpret changes and reflect in relevant models
- Maintain a positive relationship with relevant regulators and commercial interfaces
- 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 cross-functional stakeholders
Applicants to this role require
- Degree in economics, finance, engineering, energy, or related discipline
- Postgraduate qualifications and/or professional accreditation (e.g., CFA, chartered accountant) are advantageous
- Advanced Excel based financial and economic modelling and data analytics
- Unit cost and Levelised 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
TMM Recruitment
INDFIN
Work Location: In person
