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Principal Economist (Infrastructure and Price Controls)

  • Public sector
  • Glasgow
  • 12/05/2025
  • £61,446.00 - £86,547.00 /yearly
  • Full Time & Permanent
Job expired!

Job Overview

Location

Glasgow

Job Type

Full Time & Permanent

Salary

£61,446 - £86,547 yearly

Date Posted:

12/05/2025

Expiration date:

27/05/2025

Additional Detail

Job ID

26454

Work Location

Remote and/or Onsite

Job Description

Locations: We especially welcome applicants from Glasgow and Cardiff.
 
Step into a high-impact leadership role where your expertise in economic analysis can shape decisions that affect millions. Ofgem is looking for a Principal Economist (Infrastructure and Price Controls) to drive analytical excellence at the heart of public policy, guiding how we regulate infrastructure and support the UK's clean energy ambitions.
 
This is a rare opportunity to lead where it matters most - at the intersection of economic rigour, public value, and strategic influence. You'll be leading the way in making meaningful change, in a role where your insight will help set the direction for infrastructure reform and long-term national investment. Your work will directly support consumers, ensuring that regulatory decisions are grounded in fairness, transparency and long-term value.
 
With plenty of scope to work in the best manner possible for you, you'll influence the regulation of future-facing technologies, from clean generation to complex grid reform. You'll be enabled to stretch your leadership skills and build capability to work effectively in dynamic, multidisciplinary teams. This is a role for those who want to do more than deliver analysis, it's a chance to lead thinking, drive innovation and enable decisions that stand the test of time. 
 
What sets this role apart is the opportunity to work across different areas of energy infrastructure regulation. You will use your economic skills and experience of regulation to draw upon expertise and promote integrated approaches to modelling and analysis across different areas of regulation. You'll also support our mission to build an analytical culture that's inclusive, forward-thinking and prepared for challenges ahead. 

We're looking for someone with the credibility to lead, the confidence to influence, and the drive to deliver. You'll bring extensive experience in economic analysis, ideally within government, regulation or infrastructure settings, and a proven ability to lead multidisciplinary teams in complex environments. Strong communication skills, sound judgement and a collaborative approach will be key to building credibility and influencing decision-making at the highest level. 
 
We have a critical purpose to drive strategic improvements across the UK's energy system. By joining Ofgem, you'll lead work that supports national infrastructure reform, informs long-term decisions, and helps protect consumers as we transition to a low-carbon future.

Key Responsibilities

The candidate will deliver a programme of work designed to:  

  • Support and collaborate with policy teams in producing robust and high-quality analysis to enable good decision-making.
  • With the Chief Economist and infrastructure regulation leads, design new analytical frameworks to assess Ofgem's new roles in infrastructure regulation, including the regulation of new technologies, and changes resulting from the development of Clean Power 2030.
  • Manage a team and oversee the team's work with policy teams to prepare impact assessments and economic analysis of Ofgem's infrastructure regulation.
  • Design and deliver key training programmes to support the development of Ofgem's analytical capability, with particular focus on infrastructure regulation.
  • Represent Ofgem at external stakeholder events.
  • Act as part of the leadership team of the Office for Research and Economics.
  • Cooperate with programme leads across Ofgem and in some cases with partners (e.g. DESNZ, NESO) to provide assurance on the quality of analytical work on major projects.  
     

Key Outputs and Deliverables 

  • Management responsibility for a team producing economic analysis and impact assessments for infrastructure projects, including Ofgem's RIIO price controls.
  • Development of effective relationships with infrastructure leadership, to ensure agreement on the role of the team and prioritisation.
  • Representing Ofgem effectively and enthusiastically with external stakeholders.

Setting-up and leading high-performing team based on effective resource management, ongoing support and professional development.

  • Manages effective and inclusive team resourcing and staff onboarding through close engagement with relevant Deputy Director, Workstream Managers, Heads of Professions, PDLs and HR Staffers to ensure best talent match to work needs.
  • Helps team members deliver by building supportive, inclusive team environment based on trust-based relationships, transparency and inclusivity.
  • Takes ownership for own and team members' professional development by: 
    • Providing ongoing coaching and identification of development opportunities in regular performance conversations.

Key Stakeholders

  • Chief Economist.
  • Members of Ofgem's infrastructure senior leadership team
  • Legal Advisors
  • Policy teams from across Ofgem, particularly those involved in analytical work underpinning key Ofgem decisions.
  • External senior stakeholders including academia, other regulators, government departments etc.

Person specification

Essential criteria

  • Degree in Economics/related subject or comparable capability built through relevant professional experience in economic analysis. (LEAD)
  • Extensive experience of working on comparable economic issues, either working in the energy sector, or in relevant areas of economic regulation such as price controls. (LEAD)
  • Significant experience and expertise in economic appraisal, particularly impact assessments.  
  • Excellent interpersonal and team working skills including building strong relationships both internal and external to the team.
  • The ability to effectively communicate and synthesise analysis and data for senior decision-makers and external audiences, both verbally and in writing.  

Desirable criteria

  • Experience leading and motivating a team.
  • Proven ability to work flexibly in different roles across a range of different analytical projects. 

Behaviours

We'll assess you against these behaviours during the selection process:

  • Communicating and Influencing
  • Seeing the Big Picture
  • Managing a Quality Service

Technical skills

We'll assess you against these technical skills during the selection process:

  • Please refer to the Candidate Pack and Role Profile attached for full details.

Alongside your salary of £61,446, OFGEM contributes £17,800 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
Ofgem can offer you a comprehensive and competitive benefits package which includes; 30 days annual leave after 2 years; Excellent training and development opportunities; The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits; hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies.
 
Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050. This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.

Selection process details

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

When you press the 'Apply now' button, you will be asked to complete personal details (not seen by the sift panel), your career history and qualifications.  

You will then be asked to provide a 1250 word 'personal statement' evidencing how you meet the essential and desirable skills and capabilities listed in the role profile. Please ensure you demonstrate clearly, within your supporting statement, how you meet each of the essential and desirable skills and capabilities. 

The Civil Service values honesty and integrity and expects all candidates to abide by these principles. You must ensure that any evidence submitted as part of your application or used during interview, including your CV and any statements or examples, are truthful and factually accurate. Ofgem takes any incidences of cheating very seriously. Please ensure all examples provided are of your own experience. Any instances of plagiarism or other forms of cheating will be investigated and, if proven, the relevant applications will be withdrawn from the process. Please note that plagiarism can include presenting the ideas and experiences of others, or generated by artificial intelligence, as your own. 

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected, you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [https://www.cifas.org.uk/fpn]. 

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must undergo a criminal record check.
 
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

  • UK nationals
  • nationals of the Republic of Ireland
  • nationals of Commonwealth countries who have the right to work in the UK
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
  • individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
  • Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements (opens in a new window)

Working for the Civil Service

The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants.

We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window).
 
The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.
 
The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window).
 
This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative.
 
The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window).
 
Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact

Recruitment team

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