Lead – Economic Regulation

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

.

is embedded in the Economic Regulation Team and will be focussed on all aspects of regulatory economics including;

Maintain a strong understanding of the wider EWEC regulatory framework

Assist EWEC’s functions in meeting and understanding economic regulatory and compliance requirements

Led on selected policy/regulatory development topics through proactive and reactive activities

Maintain and manage the relationship with government regulatory bodies in relation to EWEC’s economic regulation framework

Identify, coordinate and implement any changes to the economic regulation or related frameworks for EWEC

Quantify the impact of any regulatory change on EWEC’s role and represent EWEC during economic regulation developments

Develop the framework to identify and plan for the advocacy on changes to the Economic Regulation framework

Planning and delivering advocacy for Non-Standard Tariff

initiatives in line with EWEC’s strategy

Focal point as the business partner to internal and external stakeholders

Bachelors Degree in Economics, Business, Commerce, Finance or Engineering

Minimum of 6+ years of experience in economic regulation management and compliance

working in a regulated environment is a must.

Energy, Utility, Power, Telco sector experience