Summary
EY is seeking a Senior Energy Economics Engineer for a 12-month role in Kuwait. The role involves technical, commercial and financial analysis of power generation, electricity and water purchase arrangements, tariffs, GCC energy exchange and regulatory matters. Responsibilities include assessing plant performance and fuel efficiency, reviewing agreements, and supporting tariff reviews, budgets and financial settlements. Candidates should have energy-economics experience and skills in modelling, tariff analysis and commercial agreements; a degree in electrical engineering, economics, finance or a related field is required.
The posting
As published on ey.com. Pulled from the employer's site and shown as they wrote it.
Lead technical, commercial and financial analyses supporting generation economics, electricity/water purchase arrangements, GCC energy exchange, tariff policy, regulatory matters and long-term system economics.
Key Responsibilities
- Conduct economic and technical analyses supporting PWPAs, Bulk Supply Tariff arrangements and electricity/water transactions.
- Analyze generation allocation, plant technical/commercial performance, combined-cycle/open-cycle operating characteristics and desalination interactions.
- Evaluate theoretical and historical fuel efficiency and support fuel-supply agreement analysis and negotiations.
- Benchmark generation/desalination performance, including IWPP facilities, against relevant international performance indicators.
- Support bilateral GCC electricity import/export arrangements, interconnector usage, settlements and coordination with relevant interconnection entities.
- Review energy-trading agreements/codes; calculate and verify payable/receivable energy-exchange fees and support financial settlement inputs.
- Analyze generation/IWPP/interconnection cost structures, tariff options, electricity-market conditions and revenue/cost forecasts.
- Provide regulatory, licensing, tariff-review and annual-budget analytical support, including assessment at PWPA expiry.
Candidate Profile
- Strong energy-economics experience in utilities, generation, electricity markets or economic regulation.
- Demonstrated capability in financial/economic modelling, tariff analysis, generation economics and commercial agreements.
- Knowledge of PWPAs, IWPP models and cross-border electricity trading is strongly preferred.
- Degree in Electrical Engineering, Economics, Finance or a related field; relevant postgraduate qualification desirable.
Core Competencies
Technical analysis and modelling | Utility engineering judgement | Clear technical reporting | Stakeholder coordination | Quality and safety focus | Ability to work across multidisciplinary study teams