Head of Power Regulation and Market Design

Head of Power Regulation and Market Design

Requisition ID: 39512

Location: BRUXELLES, BE, 1000

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 +120,000 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.

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).

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, championing it internally and externally, and persuading 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; 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 with 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 gas 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 the 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 processes, 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 regarding 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 constructive cooperation and collaboration with the relevant regulatory teams within ENGIE;
• In-depth understanding of the 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 capacity to acquire missing knowledge regarding both the organization of the European energy markets and the technical concepts covered by the team scope;
• 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 a multi-cultural environment;
• Ability to write 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 conferences.

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 of your gender.

ENGIE Global Energy Management & Sales is committed to creating a gender-neutral environment that unlocks the potential of everyone and provides 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, and 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.

Business Unit: GEMS

Legal Entity: ELECTRABEL

Contract Type: Permanent

Job Type: Full-Time

Professional Experience: Skilled ( >3 years experience

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