Regulation & Policy Manager
Based at either Stanlow Manufacturing Complex, Ellesmere Port or Mayfair, London
Essar Energy Transition (EET) is at the forefront of the UK’s decarbonisation goals, investing in a sustainable energy transition to create the country’s premier low-carbon energy hub. EET’s extensive portfolio includes EET Fuels, which is on track to become the UK’s first low-carbon refinery, EET Hydrogen, which is developing over 1.35 GW of blue and green hydrogen capacity, and EET Hydrogen Power, Europe's first hydrogen-ready combined heat and power (CHP) plant.
EET Hydrogen Power, currently under development, aims to deliver a CHP plant at the Stanlow refinery, with commissioning for phase one expected by 2027. This project is a vital piece of the broader decarbonisation efforts of the HyNet cluster, which will leverage hydrogen, carbon capture, and the creation of a highly decarbonised industrial hub.
The project is a testament to EET’s commitment to reducing carbon emissions by up to 95% by 2030.
EET Hydrogen Power has the potential to be developed over three phases to reach a capacity of up to 250 MW of power with 13,000 tonnes per day of steam. The electrification and fuel switching to hydrogen will deliver a reduction of carbon dioxide for EET Fuels.
We are a newly formed and hugely motivated team that is energised to deliver a world-class and world-first project at the heart of energy transition. The team has dynamic mix of backgrounds with skills across engineering, commercial & finance, and a set of world class external advisors.
We are very passionate about our work and the atmosphere is focused and friendly! Our project is based at the Stanlow Manufacturing Complex located in Ellesmere Port (Cheshire) or in Mayfair, London.
EET Hydrogen Power is looking for a dynamic Regulation & Policy Manager to provide expert guidance on UK commercial regulation and its impact on our hydrogen-to-power project. This key role involves shaping our entry and bidding strategy for the UK Capacity Market, ensuring full regulatory compliance. The successful candidate will collaborate with Commercial and Operational teams across Stanlow and London, while working closely with PR and regulatory consultants. As part of the Finance and Commercial team, you will play a pivotal role in influencing UK policy and optimizing the operation of the EET Power Asset.
- *Primary Accountabilities:
- Maintain the team’s commercial focus on regulatory and policy impacts on EET Hydrogen Power activities by managing the analysis and assessment of commercial regulatory positions and developments to ensure the team clearly understand and communicate appropriately on the impacts on assets (existing or future), e.g. supporting the commercialisation of CHP phases and overall analysis of the capacity market auctions.
- Establish EET Hydrogen Power as an entrant into the UK Capacity Market, ensuring compliance to all requirements.
- Set out and manage the EET Hydrogen Power bidding strategy for the UK Capacity Market to maximise revenue to the business of up to £5m/year.
- Support the broader Business Development activities within the UK market by managing the commercial regulatory and policy perspectives support to those activities. This includes, for example, the Asset Development teams, Innovation, Trading and Optimisation.
- Work with the Public Affairs teams to develop clear advocacy messages around the agreed position and participate in the implementation of the stakeholder engagement plan.
- Work with the strategy teams within EET to contribute to analysis on the UK market (e.g. the market outlook and future policy landscape) and on appropriate commercial strategies.
- Monitor routine communications which detail changes to UK industry codes and agreements
- Monitor upcoming code change proposals to assess their impact on EET Hydrogen Power and related business processes. If any proposed changes are likely to negatively affect EET or have strategic implications, coordinate with the senior regulatory team to determine the appropriate course of action.
- Monitor commercial compliance requirements under industry codes and relevant Licences and ensure compliance either directly, or working through asset managers
- Active participant in appropriate industry fora as advised by the Finance & Commercial Manager e.g. Hydrogen UK, Energy UK, National Grid, Ofgem.
- Monitor the UK market framework (policy/trends/regulation/competitors) to provide timely information and advice/options to the EET Management Team
- *About You
The ideal candidate will have a first degree in a relevant discipline, such as economics, finance, engineering, or science. While an MBA and membership in a recognized professional institution are desirable, you will have gained a significant level of relevant experience. This experience should include significant work in a regulatory or project development function within the UK energy industry, with a strong understanding of industry governance processes and the UK energy market. The role requires previous experience in managing specialist teams, along with excellent presentation and communication skills.
You should be highly self-motivated with excellent organisational skills and the ability to build and maintain professional networks. Strong advocacy and stakeholder management skills are essential, along with a flexible approach to adapting quickly to new challenges and changes in the work environment. Proactivity is key, with the ability to identify opportunities for improvement and take initiatives that benefit the business. A solid understanding of European policy development and its impact on the UK market, as well as knowledge of the UK political process at both local and national levels, would be advantageous.
In addition to regulatory expertise, you must possess strong numeracy, literacy, and problem-solving skills. Proficiency in IT and information systems, in particular MS Office. Experience within the power generation industry is desirable, and the candidate must demonstrate the ability to build strong working relationships with team members, leadership, and key stakeholders such as EET, National Grid, and other asset peers. Strong communication and interpersonal skills are vital for success in this role.
This vacancy will close on 6th December 2024.
- Competitive Salary
- 10% Company Contribution Pension rising to 15% with service
- 25 days Holiday, increasing with service
- Private Medical Insurance
- Additional Flex Benefits- including Holiday Purchase
- Access to Employee Assistance Programme with Exclusive access to a range of Discounts
- Free Secure On-Site Car Parking
