Senior Economist Pricing Abu Dhabi UAE

Position: Senior Economist Pricing

Date posted: 2023-07-20

Industry: Government Entity

Employment type: Full Time

Experience: 3 to 5 year

Qualification: Bachelor’s Degree holder

Salary: AED 15000 to 30000

Location: Abu Dhabi, United Arab Emirates

Company: Confidential

Description:

We are looking for Senior Economist Pricing on behalf of a Government Entity in Abu Dhabi .Interested candidates with relevant qualification and experience

Senior Economist – Pricing

Preference will be given to UAE nationals.

Job Purpose     

The Senior Economist – Pricing is responsible for managing the revision/ development/implementation of sector charges driving the efficiency driving the efficiency through designing effective pricing signals from start to end of supply chain.

In addition, the Senior Economist – Pricing is responsible to support the Pricing and Tariff Section Head and other team members by leading the development and production of high-quality economic, financial and statistical analysis, economic and financial models, data and reports. The key areas include development of customer charges, tariffs and sector subsidy and cost forecasting, renewables, nuclear power, new fuels and demand forecasting

Job-specific Responsibilities     

• Ensure economic advice and recommendations on setting of price controls and tariffs is aligned with key tenets of the energy sector – sustainability, security of supply and affordability; and confirm alignment to social, economic, and environmental objectives determined by the Abu Dhabi Government.
• Contribute to the development of sector fees, customer tariffs, and support mechanisms according to the best practices and the Emirate of Abu Dhabi’s strategic objectives.
• Establish connections with other government departments to ensure that the socioeconomic impact analysis of tariff/subsidy reform decisions is fully understood and accounted for in long-term reform plans.
• Prepare high-quality, accurate written reports on all relevant matters.
• Provide advice on broader economic and regulatory issues affecting the sector.
• Provide economic input into new capacity tendering, pricing and commercial terms for PWPA’s / PPAs.
• ·Contribute to the establishment of economic and technical principles for asset valuation of mega developments.

Job Requirements          –            

• Bachelor’s Degree in a relevant discipline, e.g., Economics, Economic Policy

Experience

• 3-5 years of experience in Economist and/or Regulatory roles in the utility sector

Knowledge       

• Adequate knowledge of energy sector pricing and tariffs, including wholesale pricing, mechanisms for determining transmission and distribution charges for system use, retail tariffs for customers, pricing models for establishing a price control system, data analysis, and the tools used to determine prices.  
• Leadership and influencing skills
• Analytical, problem solving and critical reasoning skills
• Effective oral and written communication