At a Glance
- Tasks: Analyse economic models and provide insights for energy transition projects.
- Company: Join a forward-thinking company in the energy sector based in Aberdeen.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and sustainability.
- Why this job: Make a real impact in the evolving energy landscape while developing your skills.
- Qualifications: Degree in economics or related field; advanced Excel skills required.
The predicted salary is between 50000 - 65000 £ per year.
Cammach is currently recruiting a Regulated Asset Economist on behalf of our Aberdeen-based client.
The position is offered on a 12-month contract and provides a hybrid working arrangement.
ROLE Provides detailed economic and unit cost analysis to support the commercialisation of the company’s portfolio of energy transition opportunities, including the carbon storage project.
Owner of economic models, analysis and value optimisation insights.
RESPONSIBILITIES Develop and maintain economic models, including the Regulated Asset Base economic model.
Ensure models are aligned with policy and regulatory parameters and leverage deep insights to ensure the company maximises the value from its proposed developments.
Provide deterministic and probabalistic 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 to position the company projects for success.
Interpret changes and reflect in relevant models.
Maintain a positive relationship with relevant regulators and commercial interfaces such as Ofgem and LCCC.
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.
Any other associated duties as reasonably required.
REQUIREMENTS Technical skills Advanced Excel based financial and economic modelling and data analytics Unit cost and Levelized 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 Qualifications Degree in economics, finance, engineering, energy, or related discipline.
Postgraduate qualifications and/or professional accreditation (e. g., CFA, chartered accountant) are advantageous.
Regulated Asset Economist employer: CAMMACH BRYANT LIMITED
Cammach is an excellent employer, offering a supportive work culture that prioritises safety and quality while providing opportunities for professional growth within the ROV Asset department. Located in Aberdeen, employees benefit from a dynamic environment where they can enhance their technical skills and gain valuable experience in electrical maintenance on cutting-edge ROV systems, with the potential for contract roles to transition into permanent positions.
