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Associate Regulatory Economist/ Advisor

2 weeks ago

Wellington City, New Zealand New Zealand Government Full time

Support enterprise-wide regulatory engagement
- Varied interesting work programme
- Contribute to regulatory economic thought leadership

Support the provision of thought leadership on matters of regulatory economic policy and practice

As owner and operator of the National Grid, our transmission network consists of 170 substations, 25,000 transmission towers, and more than 11,000 kilometres of lines across public and privately held land - transporting bulk electricity (up to 220,000 volts) from where it is generated to cities, towns, and some major industrial users.

As System Operator we operate the wholesale electricity market. As part of our role, we ensure supply (provided by generators) matches demand (by electricity users). We are also responsible for ensuring New Zealand's electricity system is reliable, competitive, and innovative and we play an integral role in the planning of New Zealand's electricity future.

The energy industry is changing rapidly to support decarbonisation, and Transpower plays a key role to enable this change whilst remaining a fit for future organisation.

**About the team**

The Regulatory Affairs team provides service which enables Transpower, both strategically and as a service, to understand, meet, and shape its regulatory obligations, as well as to strengthen and maintain relationships with key industry regulators, the Commerce Commission and Electricity Authority, as well as wider parts of the Government, and delivers effective advocacy and provides for central regulatory affairs oversight across the business.

**About the opportunity**

The work we do is varied and interesting. As Associate Regulatory Economist, you will play a key support role within the Regulatory Affairs Team engaging across Transpower.

Supporting the Head of Regulation and Senior Regulatory Economist, you will contribute to providing thought leadership on matters of regulatory economic policy and practice, including maintaining an appreciation of developments in other jurisdictions.

You will participate and assist with a broad work programme, including:

- further developing and operating the regulatory revenue and incentives models and assisting in producing revenue forecasts for internal and external stakeholders.
- developing bespoke revenue analysis to support scenario testing and strategy development.
- preparation of submissions to our stakeholders, including the Electricity Authority.
- helping ensure Transpower meets its regulatory reporting obligations to a standard that supports and is consistent with Transpower's regulatory settings.
- enabling interpretation and understanding of regulatory obligations, risks, opportunities, and incentives.
- supporting the development of the Regulatory Control Period proposals.
- supporting the interpretation of the Electricity Industry Participation Code, and Electricity Authority's proposed amendments

**So, what will you bring?**

You enjoy learning in order to understand, interpret, and engage on economic and legal topics and regulatory determinations, and will have proven experience providing regulatory support, with the ability to consult and advise.

Supported by an underlying relevant tertiary qualification, to be shortlisted, your CV and cover letter will clearly convey:

- A minimum of 2 years' experience in an economic, finance, policy, modelling, or regulatory advisory function or role ideally in a regulated firm, government, or within an economic regulator or a consulting business.
- Advanced Excel skills, including modelling experience/expertise.

Whilst not essential the following will be viewed favourably:

- Understanding of key micro economic and accounting principles.
- Knowledge of regulatory thinking, industrial design, contract incentives, or similar experience.

**Join us at Transpower**

Aotearoa is powered by the people who work here. Every home, every marae, every electric vehicle, every hospital relies on the electricity we manage and deliver. This is your opportunity to join us on a mission that affects all New Zealanders, every day and long into the future.

**Next steps