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- Tasks: Manage regulatory frameworks for innovative electricity projects and ensure compliance with industry standards.
- Company: Transmission Investment, a leader in offshore electricity transmission with a positive culture.
- Benefits: Generous pension, private health insurance, flexible working, and 25+ days annual leave.
- Why this job: Join a team making a real impact on the UK's energy future and sustainability goals.
- Qualifications: 5+ years in electricity regulation, strong negotiation skills, and a self-starter attitude.
- Other info: Dynamic environment with opportunities for professional growth and development.
The predicted salary is between 36000 - 60000 £ per year.
Transmission Investment is looking to recruit a Regulatory Manager to ensure good regulatory management of existing projects and to assist the Company in developing new business.
About Transmission Investment
Founded 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 Us
At 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 develop 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 Role
- Interconnector 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.
- Support 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 licensing 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.
- 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.
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
Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their regulatory challenges and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your skills and how they relate to the role of Regulatory Manager. A confident and concise introduction can make a great first impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team at Transmission Investment.
We think you need these skills to ace Regulatory Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Regulatory Manager role. Highlight your experience in electricity regulation and how it aligns with our projects at Transmission Investment. We want to see how you can contribute to our mission!
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills, like leading regulatory discussions or analysing complex documents, have made a difference in your previous roles. We love seeing real examples of your impact!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your experience and achievements. We appreciate clarity and want to understand your journey without any fluff!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure it reaches us quickly and securely. Plus, you’ll get to explore more about our culture and values while you’re there!
How to prepare for a job interview at Transmission Investment
✨Know Your Regulations
Make sure you brush up on the latest regulations affecting electricity transmission in GB. Familiarise yourself with the Cap & Floor regime and how it applies to interconnector projects. This will show that you're not just knowledgeable but also genuinely interested in the role.
✨Showcase Your Experience
Prepare to discuss your past experiences in regulatory roles, especially those related to electricity networks. Be ready to share specific examples of how you've navigated complex regulatory landscapes or led discussions with stakeholders. This will help demonstrate your capability to handle the responsibilities of the position.
✨Understand the Company Culture
Transmission Investment values a positive and supportive culture. During the interview, highlight how your personal values align with theirs. Share instances where you've contributed to a team environment or supported colleagues, as this will resonate well with their core values.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about the company's future projects, regulatory challenges, or team dynamics. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.
