Analyst - Long Duration Electricity Storage

The Low Carbon Regulated Asset Base (RAB) team consists of high-performing, collaborative, and flexible staff working on various exciting policy areas. Our work includes advising the Department for Energy Security and Net Zero (DESNZ) and His Majesty’s Treasury (HMT) on regulatory and strategic issues, developing new financing approaches for large-scale energy investments, regulating new energy technologies and services, and creating policies crucial for meeting decarbonisation goals. The team’s current focus areas include Long Duration Energy Storage (LDES), carbon capture use and storage (CCUS), new nuclear investment, and hydrogen transport. As part of a collaborative team of policy, finance, engineering, legal, and regulatory experts, new team members will manage aspects of the programmes. Analyst (HEO/SEO/2a): We are recruiting two Analysts for policy implementation with an analytical, technical, or accounting focus on Long Duration Energy Storage (LDES). The LDES team is newly established following a government decision to appoint Ofgem to regulate a new cap and floor regime for LDES. The roles and the required analytical skills are similar. You will closely collaborate with other internal teams such as Regulatory Finance, Office for Research and Economics, and Legal, to design and implement new processes to improve policy development, implementation, and governance for our LDES cap and floor regime. We are looking for an independent thinker and a self-driven individual who can lead and deliver complex work areas effectively, and communicate actions and recommendations clearly and concisely. You will report to the Head of LDES Delivery. The team leads the delivery of key regulatory assessments and decisions for approved LDES projects, designing a cap and floor regime, providing regulatory assurance and decision-making as projects move from development through to operation. Person specification Key Responsibilities Lead engagement with LDES project developers and stakeholders, including investors, through various regulatory stages (Project Assessment, financing, Post Construction Review, licensing, certification, operation). Deliver high-quality work on time through effective project management and support of multidisciplinary team members. Deliver high-quality, timely analysis of core issues and policy options, resulting in evidence-based recommendations. Lead analysis areas, providing knowledge and governance for effective decision-making and continuous improvement. Provide oral and written briefings to Major Projects and Ofgem’s boards and committees, working closely with policy, regulation finance, and legal colleagues. Essential Criteria Excellent analytical skills, both quantitative and qualitative, with demonstrated ability to think critically, validate and analyse complex data, and to challenge and sense check results. (LEAD) Strong written and oral communication skills, with the ability to communicate technical information clearly and concisely and to work collaboratively to solve problems. (LEAD) Technical experience or knowledge of ex-ante price control approaches used by regulators to determine the capital and operating costs for regulated assets, or equivalent professional experience Excellent project management skills and ability to use these to successfully deliver work in challenging timescales Policy skills – policy analysis and writing skills with demonstrable application of those skills to policy development, consultation, decision-making processes and implementation Desirable Criteria Experience or understanding of regulation, such as price controls (not limited to), or public sector policy development. Behaviours We’ll assess you against these behaviours during the selection process: Making Effective Decisions Communicating and Influencing Delivering at Pace Technical skills We’ll assess you against these technical skills during the selection process: Please refer to the Candidate Pack and Role Profile attached for full details Benefits Alongside your salary of £34,123, OFGEM contributes £9,885 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; Hybrid working, flexible working hours and family friendly policies. Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about. Things you need to know Selection process details This vacancy is using Success Profiles (opens in a new window) , and will assess your Behaviours, Ability, Experience and Technical skills. When you press the ‘Apply now’ button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications. You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities. The Civil Service values honesty and integrity and expect all candidates to abide by these principles. Ofgem take any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. When you press the ‘Apply now’ button, you will be directed to a Civil Service test – guidance for this can be found here Civil Service online tests – GOV.UK (www.gov.uk). Upon passing the test, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications. You will then be asked to provide a 1250 word ‘personal statement’ evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities. Feedback will only be provided if you attend an interview or assessment. Security Successful candidates must undergo a criminal record check. People working with government assets must complete baseline personnel security standard (opens in new window) checks. Nationality requirements This job is broadly open to the following groups: UK nationals nationals of the Republic of Ireland nationals of Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window) nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS) individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020 Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service Further information on nationality requirements (opens in a new window) Working for the Civil Service The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants. We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission’s recruitment principles (opens in a new window) . The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy. Diversity and Inclusion The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window) .