Energy Market Regulation Officer

Number of employees

3800

London, UK, USA

Posted on: 2024-07-18

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

We're on a mission to make a big green dent in the universe by building a truly sustainable energy system globally.

That means making power greener, smarter, and more affordable for everyone.

We put customers at the heart of everything we do: with always-fair prices, transparency and outrageous customer service.

We drive system change: with transformative tech to make renewable energy the norm and end global reliance on fossil fuels.

Octopus Energy Group is made up of 10 businesses spanning 6 countries across 3 continents, including: Octopus Energy Retail, Kraken Technologies, Octopus Energy Generation, Kraken Flex, Octopus Electric Vehicles, and the Octopus Centre for Net Zero. More on OEG @ octopusenergy.group

We are seeking a high calibre professional with experience in energy regulation, policy and market design to join our Regulation Team and work with the rest of the business to achieve our mission.  

People with experience across both wholesale and retail markets, or with deep expertise in retail regulation and policy are particularly encouraged to apply.    

We are open to those earlier in their careers with the potential to develop quickly, as well as people with more experience able to work more independently. A fit with our ways of working is paramount.

Octopus Energy’s mission is to enable everyone to benefit from cheap green power. As a global leader in the energy transition, we are delivering the components needed for a renewable, flexible, efficient electricity system which supports and rewards people for using electricity when it is cheap and green. 

The Regulation Team has been at the forefront in providing solutions to these challenges, drawing from experience across the business. With the new Government’s goal of Clean Energy by 2030 and a renewed focus on energy affordability and home decarbonisation, we are looking to build up policy expertise across the team for the next phase of market design and regulation work.

Improving the energy wholesale and retail markets is critical to our mission.  Significant change is needed to today’s wholesale market to create an efficient renewable system by using the millions of flexible low carbon assets across the country. The retail market also needs to drive faster innovation, better service and better value if it is to be successful in helping people decarbonise their homes and reduce their energy bills.

If this sounds like you then we'd love to hear from you.

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

What you'll do whether working on retail or wholesale markets, or a combination of both, you will:

  • Develop and obtain internal buy-in for Octopus Energy’s positions on market design and regulation, using robust analysis as well as expertise drawn from the business
  • Create advocacy strategies, working with our communications and public affairs team and building partnerships with other bodies to improve our chances of success 
  • Represent our interests in meetings and industry forums, building trust and credibility with Ofgem, DESNZ, consumer bodies and other policy makers as needed
  • Provide compelling position papers and well crafted responses to consultations
  • Work with relevant parts of the business to plan for and implement upcoming regulatory and market changes
  • What you'll need

  • A good understanding of at least one of electricity wholesale market design or retail market regulation
  • Experience in energy or in another regulated industry (finance, water, telecom etc)  as a consultant, a regulator/Government official, or a regulatory specialist in a consumer body or regulated company.  Those with experience in another regulated industry will be able to demonstrate they can apply this learning to the energy industry 
  • Strong research and analytical skills
  • Strong written and verbal communications skills, able to translate complex issues clearly to non-specialists
  • Intermediate excel, strong slide deck and good project management skills
  • A track record that demonstrates you will fit with our ways of working
  • A good understanding and commitment to our mission and business model
  • Why else you'll love it here

  • Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
  • Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership and most recently The Sunday Times, Best Places To Work 2023
  • Visit our UK perks hub - Octopus Employee Benefits
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