About EWEC
EWEC (Emirates Water and Electricity Company) is the sole procurer and supplier of water and electricity in the emirate of Abu Dhabi. EWEC drives the planning, forecasting, purchasing, and system despatch services of water and electricity. EWEC fulfils these vital responsibilities through the short-term and long-term balancing of bulk supply and demand for distribution companies and authorities in Abu Dhabi and other Emirates. EWEC is supporting the government of Abu Dhabi and the government of the UAE by enabling the reduction of cost whilst also providing the increased security of supply that comes from a cleaner, larger, and more integrated system.
EWEC is mandated to implement strategic initiatives that will achieve the 60 per cent clean energy target outlined in the Abu Dhabi Department of Energy's (DoE) Clean Energy Strategic Target 2035 for Electricity Production in Abu Dhabi, in addition to enabling the achievement of UAE Water Security Strategy 2036, UAE Energy Strategy by 2050, and the UAE Net Zero by 2050 strategic initiative. EWEC is accelerating Abu Dhabi and the UAE’s energy transition by diversifying the country’s energy mix through developing and deploying renewable and clean energy as well as low-carbon intensive water desalination capacities. EWEC is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. For more information, please visit www.ewec.ae.
Job Summary
Lead - Economic Regulation Business Partnering is responsible for ensuring the compliant delivery of EWEC’s BST and associated engagement and reporting requirements. This includes ensuring the development and monitoring of the appropriate processes and internal reporting. In addition, the SERS – T is responsible for acting as a point of contact for DoE and internal EWEC stakeholders for matters related to Economic Regulation (e.g., especially the BST). Furthermore, the role is responsible for ensuring that the BST is compliantly applied in the development of business plans and budgets. The SERS – T will have a close working relationship with the Economic Regulation Senior Specialist – Commercial (SERS-Commercial) developing tariffs for non-Licenced Activities linked to the BST. The SERS – T will need to develop and maintain an up-to-date approach to identify and advocate potential improvements to the economic regulation framework with a strong understanding of the regulatory landscape and requirements. The SERS – T will work closely with other members of the Economic Regulation Function, including the Regulation and Compliance Specialist, SERS-Commercial, Regulatory Reporting Senior Specialist, and a member of the Graduate Training Program. The SERS – T will be responsible for supporting more junior staff and providing continuous feedback and support to foster regulation compliance improvement efforts.
Job Responsibilities
Qualifications
Education
Bachelor’s degree in Economics, Business Management, Engineering or related field
Experience
Minimum of 6+ years of experience in economic regulation management and compliance
