Head of Power Regulation and Market Design H/F
About US (GEMS):
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.
ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.
3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.
Our +120,00 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.
Our 4 areas of expertise:
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEM Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).
Context:
The Expertise Center Global Market Analysis (GMA) and the Business Platform Power Trading Origination & Structuring PTSO are looking for a leader of the Power Regulation and Market Design team (PRMD).
He/She will report to the leader of the EC GMA and to the leader of the BP PTSO.
The electricity system has been drastically changing over the last years: more and more intermittent renewable generation, new market players, evolving role of system operators… At the same time, the European electricity markets are integrating at a fast pace, driven by European legislative initiatives. Achieving a European, truly efficient electricity market is a real challenge and covers the correct implementation of Market Network Codes, existing and new electricity regulations and directives. The recent energy crisis also illustrated the importance of having a sound electricity market design, which will allow market players to deliver the renewable and low-carbon investments needed to achieve the decarbonization targets and consumers to benefit from these investments while actively participating in the market.
The Power Regulation and Market Design team, within the EC GMA, manages the European regulation of the electricity markets, as well as GHG related regulations, impacting GEMS activities and, in particular, the asset portfolio optimization, the trading activities, the downstream activities and the decarbonization strategies. The Power Regulation team is responsible for establishing the GEMS position, champion it internally and externally, and persuade external stakeholders in order to promote optimal market functioning.
Role:
As head of Regulation & Market design, you are active over the entire regulatory chain with your team: analyze new/updated regulatory texts; propose positions as well as lobby plans towards GEMS management and ENGIE Regulatory Community; you effectively implement agreed lobby actions (e.g. via participation in relevant working groups/associations and meetings with stakeholders); etc.
The PRMD team covers upcoming (decided or considered) changes to the electricity market design; compliance to the current market rules is not part of the RMD team, but situated elsewhere in the organization.
The PRMD leader is accountable for the work of the team. He/she develops a roadmap based on business needs and priorities. He/she oversees people development, objective setting and performance review.
The leader will work closely with gases RMD advisors and market analysts of the EC GMA to assess the impact of different regulations or market design on the markets and Engie business.
The RMD team is a small team, working with trust, collaboration and team spirit. Each advisor is working in full transparency and close cooperation with other members, but also with other regulatory teams across Engie organization. Flexibility is a key asset to quickly onboard new elements or priorities and support fellow team members in ongoing files.
Main Activities
- Monitor the evolution of European regulatory initiatives in the electricity sector and the national implementations;
- Analyze the upcoming modifications/updates of the power regulatory framework impacting GEMS activities and ensure relevant teams are aware of upcoming regulatory evolutions;
- Supervise and guide the GHG regulatory activities (performed by the GHG analyst) and ensure smooth coordination with EC SCS (Strategy, Communication and Sustainability) on the GEMS decarbonization trajectories;
- Establish, write, and communicate, in coordination with relevant teams and following relevant governance process, the GEMS positions (various formats: slides, position papers, answers to consultations, …) on key regulatory topics;
- Participate in relevant stakeholder forums/associations to defend the official positions and report (written) on those participation activities;
- Communicate (written and oral) key topics externally, pro-actively or in response to consultations, sometimes under tight time constraints;
- Represent and advocate the interests and positions of ENGIE with various stakeholders with regard to electricity markets matters (security of supply, large infrastructures in generation, transmission and storage, improvement of power market functioning and market design. The main stakeholders in this context are TSOs and NRAs ;
- Ensure a constructive cooperation and collaboration with the relevant regulatory teams within ENGIE
Hard skills:
- In depth understanding of power sector, European electricity markets (stakeholders, roles and responsibilities) and electricity systems (including production, transmission, distribution, retail, wholesale, …)
- In depth understanding of the key technical concepts around power optimization, power plant, transmission system operations and GHG related concepts
- Eagerness and capacities to acquire missing knowledge, regarding both the organization of the European energy markets and the technical concepts covered by the team scope
Soft skills:
- People management skills (vision, roadmap & priorities, people development, organization, team spirit, collaboration etc)
- Strong analytical and synthesis skills, “clairvoyance”, able to make links between different files
- Clear and effective communication both written and verbal; ability to explain and convey messages about complex issues; ability to work in multi-cultural environment.
- Ability of writing up position papers whereby a position adopted by the company is thoroughly underpinned
- Strong networking skills (internally and externally), ability to maintain long-term relations and to actively represent ENGIE
- Reactivity, creativity, initiative, autonomy, ability to cope with tight deadlines, team spirit
- Solution-oriented and positive mindset
Education and professional background:
- Master in Engineering; master in business or economics
- 7 to 10 years experience in the energy sector, with a focus on electricity wholesale markets
Languages:
- Fluent in English and a very good command of French.
Travels:
Regular travels
We offer
- Intellectually challenging job
- Integration within a larger team of experienced regulation advisors and market analysts
- Autonomy and possibility to take responsibilities
- Possibility to grow, learn and develop, including some attendance to conference
If you meet these requirements, then you are the talent we are looking for. Do not waste time!
Apply by attaching your updated CV, regardless your gender.
ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provide equal employment opportunities for all individuals.
All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.
About ENGIE:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers. With our 170,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress
