At a Glance
- Tasks: Lead regulatory management for exciting interconnector and grid stability projects.
- Company: Transmission Investment connects offshore wind energy, driving the UK's Net Zero goals.
- Benefits: Enjoy flexible working, generous leave, health insurance, and a supportive culture.
- Why this job: Join a friendly team committed to your growth and wellbeing in renewable energy.
- Qualifications: Five years in electricity regulation; experience in developer or advisory roles preferred.
- Other info: Be part of a company rated 'Silver' by Investor in People.
The predicted salary is between 42000 - 84000 £ per year.
Transmission Investment is looking to recruit a Regulatory to ensure good regulatory management of existing projects and to assist the Company in developing new business.
About Transmission InvestmentFounded in 2011, Transmission Investment manages one of the largest offshore electricity transmission portfolios globally, connecting over 4,000MW of offshore wind from eleven GB wind farms and a grid stability synchronous compensator at Blackhillock, Scotland. We are also developing the 700MW interconnector (LirIC) between Northern Ireland and Scotland, a 1250MW interconnector to France and preparing to participate in the tender processes for onshore transmission projects as the company continues to build a significant portfolio of power assets. In 202 Transmission Investment was acquired by TAQA, one of the largest listed integrated utility companies in Europe, the Middle East and Africa (ADX: TAQA), as part of its international growth strategy while contributing to the UK\’s 2050 Net Zero programme and TAQA\’s wider sustainability ambitions.
Why Join UsAt Transmission Investment, we pride ourselves on our positive and friendly culture, fostering a can‐do attitude and dedication throughout the team. Employee wellbeing is at the heart of our business, and we offer numerous benefits to support and development our people. We invest continuously in employee training and development and are rated \’Silver\’ by Investor in People.
Join our team and be part of a company that values your growth and wellbeing!
Your RoleInterconnector Projects, working with the Project Directors to
Deliver the successful completion of the Cap & Floor regime to be applied to the TI interconnector projects through initial and final project assessment
Produce accurate quarterly status reports to Ofgem.
Identify and provide detailed and accurate responses to relevant Ofgem consultations
Develop regulations for interconnectors in NI
Supporting FAB Link as required to maintain and further the project in GB and France
Grid Stability Projects
Support compliance with licence and industry commercial code requirements
OFTO
Support the development of the current OFTO and future OFTO regulatory models
Work with partners on confirming the approach to setting extension revenues
CATO (onshore competition)
Support the development CATO regulatory models and advise on regulatory issues within the tender and licencing processes
The role will include
Gathering the views of partners and senior managers to ensure an agreed position on issues;
Responding to consultations relevant to the TI business
Keeping senior managers informed of regulatory developments.
Providing regulatory consistency across various regulatory matters; and
Meetings with JV partners, national and European regulators, government bodies, industry trade associations and other relevant stakeholders
The principal desired outcomes are
Regulatory frameworks that allow non-incumbent parties (such as Transmission Investment) to compete to deliver electricity network assets;
Tender processes that enable Transmission Investment to be competitive and to take part at a reasonable cost;
Fair, transparent and predictable regulatory frameworks for network assets with the correct risk allocation.
Our Company Core Values
We are EXCELLENT at what we do
We are COMMITTED and ensure we deliver
We are CHALLENGING of the status quo
We are SUPPORTIVE of each other
Education, Work Experience & Qualifications
At least five years\’ experience of electricity regulation in GB, ideally associated with electricity transmission networks
Experience will likely have been gained in a developer, regulator, advisory/consulting role, utility or legal firm.
Skills & Attributes
A self-starter able to operate independently with limited supervision
Ability to lead regulatory discussions and negotiations
An in-depth understanding of the legal, regulatory and market arrangements for the GB electricity industry
An appreciation of the changing regulatory landscape, e.g. MPIs, ASTI etc
Numerate with the ability to quantify and assess the merits of different options
Ability to read, comprehend and analyse detailed documentation and frame coherent and compelling arguments to put forward the Company\’s case to authorities within set deadlines
An appreciation of how regulatory matters affect the commercialisation of interconnectors
Ability to work well in virtual teams including with project partners
Able to influence stakeholders, inspire trust and gain credibility across the industry
You must have the \’Right to Work\’ in the UK.
Core company benefits include
Generous Pension via salary sacrifice – 10% employer with no required employee contribution
Generous maternity, paternity and adoption policies
Private health insurance
Mature flexible and hybrid working policy
25 days annual leave plus public bank holidays (increasing to 30 days with long-service) and ability to buy up to 5 additional days of annual leave.
Participation in the company annual performance bonus scheme
#J-18808-Ljbffr
Regulatory Manager employer: Transmission Investment
Contact Detail:
Transmission Investment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Manager
✨Tip Number 1
Familiarise yourself with the latest regulatory frameworks and changes in the GB electricity market. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.
✨Tip Number 2
Network with professionals in the electricity regulation field, especially those who have experience with interconnectors. Attend industry events or webinars to build connections that could provide insights or even referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully navigated regulatory challenges. Highlighting your problem-solving skills and ability to lead discussions will set you apart from other candidates.
✨Tip Number 4
Research Transmission Investment's current projects and their impact on the UK’s Net Zero programme. Showing genuine interest in the company's mission and how you can contribute will make a strong impression during your application process.
We think you need these skills to ace Regulatory Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in electricity regulation, particularly in relation to transmission networks. Use specific examples from your past roles that demonstrate your ability to manage regulatory frameworks and compliance.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Transmission Investment. Mention how your skills align with their core values, such as being excellent, committed, and supportive. Provide examples of how you've challenged the status quo in previous positions.
Highlight Relevant Experience: Clearly outline your experience in regulatory discussions and negotiations. Emphasise any work you've done with Ofgem or similar regulatory bodies, and how you’ve contributed to successful project completions in the past.
Showcase Your Skills: Demonstrate your understanding of the legal and regulatory landscape in the GB electricity industry. Include any specific skills that relate to the job description, such as your ability to analyse detailed documentation and frame compelling arguments.
How to prepare for a job interview at Transmission Investment
✨Understand the Regulatory Landscape
Make sure you have a solid grasp of the current regulatory frameworks affecting electricity transmission in Great Britain. Familiarise yourself with recent changes and how they impact interconnector projects, as this will demonstrate your expertise and readiness for the role.
✨Showcase Your Experience
Prepare to discuss your previous roles in electricity regulation, particularly any experience related to interconnectors or compliance. Be ready to provide specific examples of how you've successfully navigated regulatory challenges in the past.
✨Demonstrate Leadership Skills
As a Regulatory Manager, you'll need to lead discussions and negotiations. Highlight instances where you've taken the initiative or led a team through complex regulatory issues, showcasing your ability to influence stakeholders and build consensus.
✨Align with Company Values
Transmission Investment values excellence, commitment, challenge, and support. During the interview, reflect these values in your responses. Share examples of how you've embodied these principles in your work to show that you're a great cultural fit.