Energy System and Solution Economist
Energy System and Solution Economist

Energy System and Solution Economist

Glasgow Full-Time 36000 - 60000 ยฃ / year (est.) No home office possible
R

At a Glance

  • Tasks: Join our team to deliver innovative clean energy projects and economic analysis.
  • Company: Ricardo plc is a global leader in engineering consulting, focused on sustainability.
  • Benefits: Enjoy flexible working options, health support, and a culture that values your voice.
  • Why this job: Make a real impact in the energy sector while working with diverse professionals.
  • Qualifications: Degree in STEM, preferably economics or finance; experience in energy economics is a plus.
  • Other info: Opportunities for international travel and a commitment to diversity and inclusion.

The predicted salary is between 36000 - 60000 ยฃ per year.

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Overview

Overview
Role: Energy System and Solution Economist
Locations: Madrid, New Delhi, London & Glasgow – Hybrid
Role ID: 2025-2917
Our vision is to create a safe and sustainable world
Ricardo plc is a global strategic, environmental, and engineering consulting company. With over 100 years of engineering excellence and employing close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering leading-edge and innovative cross-sector sustainable products and solutions. Every day, we enable our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world.
The role
We are looking for a consultant or senior consultant economist to join our Future Energy Solutions team and support deliver our global portfolio of energy transition and development projects.
The Team
The Future Energy Solutions team comprises a group of highly experienced professionals specialising in engineering techno-economic, and management consultancy services for the energy sector. We cover renewable power generation, battery storage, clean fuels production, energy infrastructure transition, electricity transmission and distribution planning, energy tariff and regulation, renewable energy integration, energy market design and energy system innovation projects. We are a respected consultancy in the energy and environment sector and our depth and breadth of expertise and diverse portfolio provides potential candidates with a unique opportunity to work on such projects across the globe. We are a committed team of like-minded professionals with a growing portfolio of energy technology, policy and strategy projects.
Key Responsibilities
Project Delivery and Management

  • Contribute to delivering our growing portfolio of clean energy projects, with a focus on delivering economic analysis and modelling tasks. This involves working within teams to achieve client satisfaction, timely delivery, strong project financial performance and high-quality technical outputs.
  • Where appropriate, project management and task lead as part of consultancy business in line with processes and governance, working in a matrix team environment. This includes project team mobilisation and leadership, project governance, reporting, client liaison, ensuring quality review.
  • Contribution to wider energy infrastructure transition projects, supported by the experts consultants within the wider team.
  • Support and lead the development of technical proposals within the energy infrastructure transition sector and provide ad hoc support across the wider team.

Technical Delivery & Leadership

  • Continually develop technical expertise in clean energy and energy economics and provide to projects where required and aligned to areas of specialism.
  • Write thorough and concise reports on complex topics and projects to a high professional standard.
  • Supporting and reviewing the technical work of more junior team members, providing constructive feedback and supporting development
  • Contribute to process improvements and, with more experience, uses best practice and knowledge to improve processes.

Client Relationships & Thought Leadership

  • Develop and maintain strong client relationships and networks, though project delivered as well as through sector networking. Support key account management to maintain and grow client relationships
  • Support the wider team in identifying and pursuing new business opportunities within the energy and industrial sectors.
  • Maintain up-to-date knowledge of sector technology developments, trends, challenges and regulations.
  • Provide thought leadership on future energy topics, e.g. blogs and articles.

Additional Special Features Of The Role

  • Some international travel may be required, for example for project meetings, sector conferences etc.

Skills And Qualifications
Essential

  • Degree level or higher in STEM subject, with a preference for economics or finance or a related discipline, or highly relevant industrial experience in these subjects.
  • Experience in energy sector regulatory economics or related fields.
  • Consultancy or advisory experience within the public or private sector, or demonstratable experience that is applicable to consultancy.
  • Good understanding of energy systems, regulation and markets, including power and/or clean fuels.
  • Excellent analytical and problem-solving skills.
  • Excellent time management with the ability to juggle time across multiple projects and prioritise deadlines seamlessly.

Fluency in English and excellent communication skills, including excellent written English in reporting writing, verbal presentation, and stakeholder engagement.
Desirable

  • Experience in delivering cost of service studies, economic / financial analysis and/or due diligence for energy projects.
  • Experience in delivering complex consultancy projects.
  • Project or task management experience.
  • Experience in building projects and securing work.
  • Ability to utilise existing sector contacts to support new opportunities and build trust-based relationships with clients and potential partners.
  • Experience with clean energy, energy infrastructure transition and, renewable energy systems is highly desirable.
  • Fluency in other languages (particularly Spanish or other European languages) is also desirable.

Working here
You will be warmly welcomed into our workplace where every voice matters. We are diverse thinkers and doers, coming together to create a culture of inclusion. We will support you to find your place. We will encourage you to use your passion and expertise to make a positive impact through the projects you work on. Your knowledge and desire to bring about change will be invaluable in helping deliver innovative solutions that support communities across the globe in becoming safer and more sustainable.
Work life balance
We offer flexible approaches to work, whether that is working from home, being in the office, or as a hybrid worker. We\’re happy to discuss flexible working arrangements. Wellbeing is at the core to our culture, allowing employees to flourish and to achieve their full potential.
Diversity, Equality and Inclusion statement
We are an Equal Opportunity Employer, we believe in each person\’s potential, and we\’ll help you reach yours. We have an ambitious diversity, equality, and inclusion approach as explained here. We value diversity; recognising that a more diverse workforce creates a richer and more varied working environment. Diversity also drives innovation, by allowing us to offer our clients the best consultancy service that we can. As part of our commitment to engage positively and pro-actively with all our employees to ensure an inclusive culture, we are a recognised as a \’disability confident\’ employer.
Benefits
We want you to know how much you are valued. Your remuneration and benefits package will reflect that. You will receive a range of benefits which include support for your physical and mental health.
Next steps
Once you have submitted your application a member of our Recruitment Team will be in touch. Please be aware that the timing can vary dependent on the volume of applications that we receive for each role and in some cases, we may start to review applications prior to the closing date.
Ricardo is a Disability confident employer please advise the recruitment team via if you require any adjustments to support you throughout the recruitment process.

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

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Energy System and Solution Economist employer: Ricardo plc

Ricardo plc is an exceptional employer that fosters a culture of inclusion and innovation, making it an ideal place for professionals passionate about sustainable energy solutions. With flexible working arrangements and a commitment to employee wellbeing, you will thrive in a supportive environment that values your contributions and encourages personal growth. Join a diverse team of experts dedicated to tackling global energy challenges while enjoying the benefits of a dynamic workplace in vibrant locations like Madrid, New Delhi, London, and Glasgow.
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Contact Detail:

Ricardo plc Recruiting Team

StudySmarter Expert Advice ๐Ÿคซ

We think this is how you could land Energy System and Solution Economist

โœจTip Number 1

Network with professionals in the energy sector, especially those who have experience in consultancy roles. Attend industry events or webinars to connect with potential colleagues and clients, as building relationships can significantly enhance your chances of landing the job.

โœจTip Number 2

Stay updated on the latest trends and developments in clean energy and energy economics. This knowledge will not only help you during interviews but also demonstrate your genuine interest and commitment to the field, making you a more attractive candidate.

โœจTip Number 3

Consider reaching out to current or former employees of Ricardo plc on professional networking platforms. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when applying for the role.

โœจTip Number 4

Prepare to discuss specific projects or case studies related to energy systems and economic analysis during your interview. Having concrete examples ready will showcase your expertise and problem-solving skills, aligning well with the responsibilities of the role.

We think you need these skills to ace Energy System and Solution Economist

Analytical Skills
Problem-Solving Skills
Project Management
Technical Writing
Client Relationship Management
Energy Economics
Regulatory Knowledge
Time Management
Communication Skills
Team Leadership
Financial Analysis
Knowledge of Energy Systems
Networking Skills
Fluency in English
Adaptability

Some tips for your application ๐Ÿซก

Tailor Your CV: Make sure your CV highlights relevant experience in energy economics, consultancy, and project management. Use keywords from the job description to demonstrate that you meet the essential qualifications.

Craft a Strong Cover Letter: Write a compelling cover letter that explains why you're passionate about the energy sector and how your skills align with the role. Mention specific projects or experiences that showcase your expertise in clean energy and economic analysis.

Showcase Analytical Skills: In your application, provide examples of your analytical and problem-solving skills. Discuss any relevant projects where you delivered economic analysis or modelling tasks, as this is crucial for the role.

Highlight Communication Skills: Since excellent communication is key for this position, include examples of your written and verbal communication skills. Mention any reports or presentations you've created, especially those related to energy systems or consultancy.

How to prepare for a job interview at Ricardo plc

โœจUnderstand the Energy Sector

Familiarise yourself with current trends and challenges in the energy sector, especially regarding clean energy and energy economics. Being able to discuss recent developments will show your genuine interest and expertise.

โœจShowcase Your Analytical Skills

Prepare to demonstrate your analytical and problem-solving abilities. Be ready to discuss specific examples from your past experiences where you successfully tackled complex issues, particularly in economic analysis or project management.

โœจPrepare Thoughtful Questions

Have a list of insightful questions ready for your interviewers. This could include inquiries about their current projects, team dynamics, or future challenges in the energy transition space. It shows that you are engaged and thinking critically about the role.

โœจHighlight Your Communication Skills

Since the role involves client relationships and report writing, be prepared to showcase your communication skills. You might be asked to explain complex concepts clearly, so practice articulating your thoughts succinctly and effectively.

Energy System and Solution Economist
Ricardo plc
R
  • Energy System and Solution Economist

    Glasgow
    Full-Time
    36000 - 60000 ยฃ / year (est.)

    Application deadline: 2027-07-15

  • R

    Ricardo plc

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