We have the requirement of Economic Experts for our client in Abu Dhabi . Qualified and experienced candidates ( Experience with Energy Sector ), please forward CVs by email Attn : Shibu Muhamed Yusuf (Priority for UAE Nationals) Job Purpose : This position is responsible for ensuring the development and implementation of a robust and modern price control for the energy sector covering electricity, water, recycled water, wastewater.
In addition, this role is responsible for managing the developing an incentive framework for the distribution, transmission business of energy licenses and competitive regulatory framework for procurement and operations of generation of energy.
Furthermore, this role is responsible for managing the price control review process, the development of appropriate incentives and information requirements over time for any energy related activities within the energy sector.
Job-specific Responsibilities : Provide economic advice to the price control team and assisting in the development and implementation of a robust and modern price control model.
issue RIGs / TA information guidance package and derogations; calculate and notify the annual bonus / penalty (Q factors) to the price controlled companies.
Develop processes and checks on analysis to ensure that the calculations underlying price controls are robust and transparent.
Manage work on development and implementation of economic regulatory and competition framework for the energy sector. Job Requirements : Degree in Economics or relevant discipline PG in Economics is preferred Minimum of 8 years of experience, in a relevant field e.
g. setting price control and tariff structure for the energy sector Experience in energy sector regulation, including preparation of regulatory submissions, regulatory consultations and regulatory responses Knowledge : Comprehensive knowledge of pricing and tariffs in the energy sector, including the price control and tariffs structures and models, pricing models, data analytics and tools used for setting pricingDeep Knowledge of laws and regulations, regionally and globally, in regards to electricity, water, wastewater, recycled water activitiesDeep understanding of the energy sector, in Abu Dhabi, regionally and globallyDeep understanding of the strategic direction of the Abu Dhabi energy sector, the objectives for the sector and requirements of key stakeholdersThorough understanding of the strategic direction and developments within the energy sector regionally and globally Job Types : Full-time, Permanent
