Overview
Department: Scheme Development
Employment Type: Full Time
Location: Birmingham, England, United Kingdom; Leeds, England, United Kingdom
Description
Contract type: Permanent
Hours: 37.5
Salary: circa £58,000 depending on experience
Location: Birmingham city centre OR Leeds city centre
WFH policy: Employees are required to attend the office 2 days/week
Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.
Reports to: Senior Policy and Commercial Development Manager
Deadline Note: We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.
Overview and Policy & Regulation Team Summary
LCCC’s policy team is growing in line with our expanding portfolio of low carbon schemes. We’re looking for a policy professional who is passionate about decarbonisation and driving progress towards government’s Clean Power and Net Zero targets.
The Low Carbon Contracts Company (LCCC) and The Electricity Settlements Company (ESC) are private companies wholly owned by the Secretary of State for Energy Security and Net Zero. We perform central functions in the operation of the low-carbon electricity generation Contracts for Difference (CfD), the Hydrogen Production Revenue Support Contracts (HPRSC) and electricity security Capacity Market (CM) schemes. LCCC also has a central role in delivering the nuclear Regulated Asset Base (RAB) funding model, the Dispatchable Power Agreement (DPA) for Carbon Capture Use and Storage (CCUS) power plants, the Industrial Carbon Capture (ICC) and also the ICC waste support contracts.
Policy & Regulation Team
This team has a central role in the delivery of LCCC’s corporate strategy to accelerate the delivery of Net Zero 2050 by shaping and implementing schemes which enable low-carbon investment at least cost to the consumer.
The key activities of the team include:
- Horizon scanning to support strategy, scheme evolution, and business readiness;
- Providing critical analysis on Net Zero policies and market developments;
- Advising and supporting Government on policy developments;
- Pursuing opportunities for policy advisory work and growth of the business;
- Engaging internal and external stakeholders including government and industry;
- Working with other parts of the business including Strategy, Analytics and Operations; and
- Identifying and being responsible for analysing commercial risks and opportunities.
Role Summary
The Policy & Commercial Development Lead will report to the Senior Policy & Commercial Development Manager and will be expected to work closely with other members of the team and the wider organisation. There will also be the opportunity to support and work with the wider Strategy & Development team including the team’s Director. If you share our passion for helping to decarbonise electricity, heat and transport and make energy more affordable for the future, we’d love you to join us on the journey to Net Zero!
The Policy and Commercial Development Lead will:
- Focus on the Capacity Market (including attendance of the Capacity Market Advisory Group) and Carbon Capture Utilisation and Storage schemes via policy and regulation analysis, position formation and stakeholder engagement across LCCC, DESNZ, Ofgem, NESO, Elexon, trade associations and other industry stakeholders;
- Other areas of policy and regulation include but are not limited to: Flexibility, Storage, Elexon modifications, state aid, metering issues relating to the CM and CCUS schemes, Energy Retail including metering arrangements, levies, and other forms of scheme funding relevant to LCCC such as via direct Government funding;
- Track, understand, engage with and communicate key market and policy developments in the energy and other relevant Net Zero sectors;
- Identify and produce analysis and insights that will help deliver the company’s strategy to be an independent Centre of Expertise and Trusted Advisor on Scheme Delivery, and inform company positions on future policy design and development;
- Support other business units in the delivery of their functions, specifically scheme management, business development and change management;
- Work closely with Strategy, Communications, Analytics and other LCCC business areas to help build LCCC’s capacity and capability to support the delivery analysis and insights;
- Lead and/or support the development of our Policy, Regulation and Development work for Government on existing and new schemes; and
- Work with colleagues, industry and DESNZ to quantify impacts of policy and commercial changes on consumers and our managed schemes counterparties.
Key Responsibilities
Influence - Build and shape external relationships within Government, the energy industry and other sectors looking to decarbonise:
- Help identify and build external relationships within Government, industry and other influencers in relevant Net Zero sectors;
- Brief senior leadership and executives ahead of their external engagements; and
- Influence to support the policy engagement of our current and potential new schemes.
Engage with industry and other key stakeholders to develop the commercial side of the schemes:
- Profile and research the commercial impacts of risks and opportunities to our business in relation to how industry players engage with our schemes;
- Carry out analysis of policy areas that have the potential to impact the consumer/tax-payer and/or industry; and
- Develop contractual changes which will evolve the schemes to match industry innovation.
Track, understand and communicate key market and policy developments:
- Draft clear and evidenced briefings, position papers and insights pieces for the purpose of internal communications;
- Distil and simply communicate complex information to the business; and
- Identify and produce analysis and insights that will help deliver the company’s strategy to accelerate the delivery of Net Zero.
Skills Knowledge and Expertise
Essential
- Considerable experience working in policy and regulation
- Direct experience and knowledge of the Capacity Market and Carbon Capture schemes; and
- Ability to influence and build positive internal and external working relationships across different teams/organisations.
- Comprehensive policy experience working with government or regulators.
- Commercial acumen, able to break down and explain commercial issues.
- A demonstrable interest in clean power/ low carbon technologies/ sustainability
- Ability to quickly and effectively understand a problem/ issue, gather and consider intelligence to identify a solution.
- A policy mindset, able to join the dots across internal and external environments.
- Effective communication skills (verbal and written), able to communicate complex ideas effectively to senior leaders.
- Stakeholder management (both internal and external). Ability to influence and build positive internal and external working relationships across different teams and organisations.
- Active listener that looks to understand others concerns and incorporate their viewpoints.
- Well-developed qualitative and quantitative research skills with the ability to extract and analyse relevant information to make sound judgements.
Desirable
- Knowledge and experience in AI and Quantum policy and technology;
- Datacentre energy and demand impacts on LCCC/ESC schemes;
- LCCC Hydrogen schemes knowledge and prior experience;
- EU policy and regulation incl. green taxonomy, EU net zero goals, state aid
- Managing projects with appropriate controls and governance;
- Understanding of UK’s energy sector and evolution of policy landscape;
- Effective communication skills (verbal and written), able to communicate complex ideas effectively at all levels to both internal and external audiences;
- Active listener that looks to understand others concerns and incorporate their viewpoints;
- Able to produce detailed reports and presentations to clearly present findings;
- Client facing or consultancy;
- Well-developed qualitative and quantitative research skills with the ability to extract and analyse relevant data to make sound judgements; and
- Experience in developing and deploying cost benefit/economic analysis and impact assessments.
- Experience of low carbon technology deployment and the Net Zero investment challenge.
- Experience of managing projects.
Employee Benefits
As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:
- Annual performance based bonus, up to 10%
- 25 days annual leave, plus eight bank holidays
- Up to 8% pension contribution
- Financial support and time off for study relevant to your role, plus a professional membership subscription
- Employee referral scheme (up to £1500), and colleague recognition scheme
- Family friendly policies, including enhanced maternity leave and shared parental leave
- Free, confidential employee assistance, including financial management, family care, mental health, and on-call GP service
- Three paid volunteering days a year
- Season ticket loan and cycle to work schemes
- Family savings on days out and English Heritage, gym discounts, cash back and discounts at selected retailers
- Employee resource groups
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