Title:  Economics Engineer

Location: 

Warwick, GB, CV34 6DA

Division:  NESO Strategic Network Development
Job Type:  Full Time
Requisition Number:  67837
Department:  ESO
Job Function:  Data Analysis and Analytics
Description: 

About the role

National Energy System Operator (NESO) recognises the potential of bright and talented individuals, and we encourage you to join us as Great Britain’s energy system undergoes an ambitious, exciting, and vital transformation. Together with industry, we are creating a cleaner, more sustainable energy future. 

 

We are looking for an Economic Engineer to join the Strategic Network Development team within NESO. To operate a zero-carbon network in 2035 significant investment in the transmission network is required to transfer renewable electricity to new and changing demand centres. The Economics Assessment team (within Strategic Network Development) undertake cost–benefit analysis for a wide range of investment options and commercial solutions to ensure that future developments are robustly underpinned by a justifiable economic needs case.

 

This role will be based from Warwick and we continue to offer hybrid working from office and home. We are open to full time and part time applicants, as well as flexible working arrangements. 

About us

The creation of National Energy System Operator (NESO) is driven by an urgent need to unify and optimise our approach to energy. A more integrated and coordinated strategy is needed to meet the unprecedented challenges of climate change, ensuring secure energy supply, and keeping costs manageable for consumers. 

 

Join us and empower your potential, energise our team, and be part of something bigger. 

 

Your energy, our future, together. 

About the National Energy System Operator (NESO)

In Autumn of 2024, the ESO transitioned to National Energy System Operator, or NESO for short. Previously denoted as the Future System Operator (or FSO), the new National Energy System Operator is the independent body responsible for planning Great Britain’s electricity and gas networks and operating the electricity system.  

 

The ESO, including all of its existing roles, are now at the heart of the new National Energy System Operator. As NESO, we will build on our existing roles, capabilities, and ways of working significantly to create an organisation the energy system and its users’ need. Our new capabilities will enable us to look across vectors, including electricity, natural gas and hydrogen, and crucially consider the trade-offs between them.  

 

The organisation is set up as a public corporation with its own Board of independent directors, with complete operational independence from government, the regulator and any and all commercial interest. As was the ESO, NESO will be licenced and regulated by Ofgem through price control agreements and obligated to identify optimal solutions to system operations and planning in the most sustainable, affordable and secure way for all.  

 

The time to deliver is now. As part of our team, you won’t just be touching the lives of almost everyone in Great Britain – you’ll be shaping the way we use and consume energy for generations to come. 

Key Accountabilities

You will utilise pan-European market models such as PLEXOS to assess the impact of projects or policies on the overall cost of operating the electricity network. You will seek opportunities to develop our methodology, tools and models to improve the robustness and timely delivery of our analysis. (For example, this could involve writing python scripts to automate modelling processes and engaging with internal and external stakeholders on our approach to CBAs.) You will lead in the scoping and delivery of new analysis and in model development.

 

Acting as a key interface with our stakeholders, you will represent NESO in our cross-industry work ensuring the robustness of data inputs and presenting the results of your analysis. This includes managing stakeholders and supporting the delivery network plans such as the ‘Beyond 2030’ publication or the upcoming Centralised Strategic Network Plan (CSNP) along with a range of ad-hoc presentations / reports to industry stakeholders and the regulator.

 

You will document your processes (so that they are repeatable and transparent) and provide oversight, challenge and advice to other team members. In addition, you may represent the NESO on relevant industry panels to ensure best practice is shared across the industry.

About you

We’re forging the path, and we know we can’t do it alone. That’s why we need visionary minds like yours to join us on this transformative journey. In this case, we’re looking for someone who: 

 

  • Career experience in economics, data science or analysis. You may also have existing experience within the energy industry, with an understanding of the supply, transportation and use of energy.
  • A degree in economics, a STEM subject or other relevant experience in a numerate discipline.
  • A logical, creative and practical approach to problem solving and ability to break down complex problems
  • Confidence using large bespoke software / a high level of computer literacy (e.g. excellent Excel skills). You should also have experience using data science packages (e.g. SQL, VBA, Python) or developing analysis tools.
  • Strong interpersonal and communication skills with the ability to communicate key messages to internal and external stakeholders.

 

Research shows that some people may hesitate to apply unless they meet every requirement. At NESO, we believe potential comes in many forms and we’re committed to a fair, inclusive recruitment process where everyone can show their talents. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds to build a workforce that feels valued and respected and represents the communities we serve. 

 

If this role sparks your interest but you’re not sure you tick every box, we still want to hear from you. 

About what you'll get

A competitive salary between £51,000 - £66,000 per annum – dependent on experience and capability. As well as your base salary, you will receive a bonus based on company performance, 26 days annual leave as standard and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%.  

 

As we work towards creating a cleaner, greener, and more affordable future for all, we also work towards creating a place for our teammates to belong, with professional and personal growth and positive well-being. 

 

  • Full support and career-development resources to expand your skills, enhance your expertise, and maximise your potential along your career journey. 
  • A diverse and inclusive community of belonging, where teammates are empowered to bring ideas to the table. 
  • Generous Total Rewards Plan – comprising of health, finance and wealth, work/life balance, and career benefits. 

More information

This role closes on 17th September 2025 at 23:59, however we encourage candidates to submit their application as early as possible and not wait until the published closing date as this can vary.

 

We work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office. 

 

We're committed to building a workforce that represents the communities we serve, and a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential. 

#LI-EM1
#LI-HYBRID