Policy and Commercial Development Manager

Department: Strategy & Corporate Affairs

Employment Type: Full Time

Location: London, England, United Kingdom;
Birmingham, England, United Kingdom;
Leeds, England, United Kingdom

Compensation: Circa £75,000

Contract type: Permanent

Hours: 37.5/week

Salary: circa £75,000 depending on experience

Location: London (Canary Wharf) OR Birmingham (city centre) OR Leeds (city centre)

WFH policy: Employees are required to attend the office 2 days/week

Flexible working: Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.

Reports to: Head of Policy and Business Development

Deadline

Note:

We reserve the right to close the advert before the advertised deadline if there are a high volume of applications.

The Low Carbon Contracts Company (LCCC) and The Electricity Settlements Company (ESC) are private companies wholly owned by the Secretary of State for Energy Security and Net Zero. They perform central functions in the operation of the low‑carbon electricity generation Contracts for Difference (CfD), the Hydrogen Production Revenue Support Contracts (HPRSC) and electricity security Capacity Market (CM) schemes. LCCC will also have a central role in delivering the nuclear Regulated Asset Base (RAB) funding model and the Carbon Capture Use and Storage (CCUS) business model.

• Advising and supporting Government on policy developments;
• Identifying and managing commercial risks and opportunities;
• Pursuing opportunities for policy advisory work and growth of the business;
• Providing critical analysis on Net Zero policies and market developments;
• Horizon scanning to support strategy, scheme evolution, and business readiness;
• Engaging internal and external stakeholders including government and industry to shape future policy.

The Policy & Commercial Development Manager will report to the Head of Policy and Business Development, and will be expected to work closely with other members of the team, including Business Development on joint work streams, the wider Strategy & Development directorate and other departments within the LCCC organisation including Legal, Finance, Analytics, Scheme Delivery and Scheme Operations.

This role will look ahead and consider potential improvements and changes to LCCC schemes, in particular the CfD scheme, and will combine policy and insights expertise to help shape future scheme design.

• Lead on the development of LCCC’s Policy and Regulation work for Government on existing schemes, specifically the CfD scheme;
• Engage with Government, industry and other stakeholders to identify and or support amendments to the CfD scheme, specifically in relation to LCCC’s role in the scheme. In particular this means the CfD contract, the settlement system and levies;
• Line‑management responsibility for one direct report;
• Manage relationships with, and queries from industry on how to interpret the legislation and guidance of the CfD scheme;
• Support the development of policy for new schemes withing the Business Development pipeline;
• Horizon Scanning:
  Track, understand, engage with and communicate key market and policy developments in the energy and other relevant Net Zero sectors;
• Thought leadership:
  Identify and produce analysis and insights that will help deliver the team’s strategy to be an independent Centre of Expertise, inform company positions on future policy design and development, and maintain our position as a trusted Advisor to Government;
• Identify threats and opportunities to LCCC by undertaking regular policy and regulation analysis, position formation and stakeholder engagement across LCCC, DESNZ, Ofgem, NESO, trade associations and other industry stakeholders as required;
• Quantify impacts of policy, regulation and commercial changes on consumers and our managed schemes counter parties;
• Support and collaborate with teams across LCCC, including Communications, Strategy, Scheme Delivery, Operations, Business Development, Legal, Finance, and Analytics in order to deliver their functions and build organisational capacity and capability in support of high-quality…