Job Description

[What the role is]

You will be part of a team responsible for the economic regulation of existing natural monopolies in the energy sector, to ensure that they operate efficiently and effectively to achieve price competitiveness and reliability of energy supply for consumers. As Singapore advances its energy transition, you will also play a key role in developing and implementing regulatory policies and frameworks for emerging energy supplies to decarbonise our power sector.

[What you will be working on]

The successful candidate is required to:

• Review the economic regulation framework and policies to ensure that appropriate economic incentives are provided for efficient operations and prudent investments of the natural monopolies.

• Monitor and analyse financial statements.

• Determine the regulated charges and tariffs charged by the natural monopolies to ensure adequate recovery of prudent investments.

• Develop and implement an economically efficient, financially sustainable, fair and equitable cost allocation and recovery framework for emerging energy supplies, covering the various stakeholders across the energy value chain.

• Administer the licensing process to ensure proper assessment of new entrants in the energy sector, and reviewing the regulatory and licensing framework to embrace new business models, corporate entities, and energy technologies across the energy value chain.

[What we are looking for]

Requirements:

• ​Knowledge in Economics, Accountancy, Finance, Business or Engineering.

• Relevant experience in policy work, economic regulation of natural monopolies or large-scale infrastructure development, or the electricity or piped natural gas industry is an advantage.

• Excellent analytical, critical thinking, coordination, negotiation, and communication (both written and verbal) skills are critical for this position.

• Be driven and resourceful, whether working independently or as part of a team.

• The ability to work under tight timelines and to effectively manage, engage and influence multiple stakeholders is essential for the position.

• Must be a positive team player with a strong interest to shape the future of Singapore's energy industry.