Regulatory Manager

Regulatory Manager

London Full-Time 42000 - 84000 £ / year (est.) No home office possible
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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

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Regulatory Manager employer: Transmission Investment

Transmission Investment is an exceptional employer, offering a collaborative and supportive work culture that prioritises employee wellbeing and professional growth. With a commitment to continuous training and development, employees benefit from generous perks such as a robust pension scheme, private health insurance, and flexible working arrangements, all while contributing to impactful projects in the renewable energy sector.
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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

Regulatory Management
Electricity Regulation Knowledge
Stakeholder Engagement
Negotiation Skills
Project Management
Analytical Skills
Report Writing
Understanding of Market Arrangements
Compliance Knowledge
Ability to Work in Virtual Teams
Communication Skills
Problem-Solving Skills
Attention to Detail
Influencing Skills

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.

Regulatory Manager
Transmission Investment
Location: London
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