Senior Consultant, Regulatory Economics

Daymark Energy Advisors is a successful, growing consultancy.

We are building our team to support clients’ growing needs and are looking for experienced energy industry professionals with expertise in one or more key areas listed below to help lead Daymark’s next chapter of growth. This role will lead the delivery of consulting engagements, working with our dynamic team of analysts, consultants, and trusted advisors to provide advice and analysis to clients across the U.S. and Canada. Salary range for this position is $130,000 - $175,000 depending upon experience and qualifications.

Daymark brings deep knowledge and an integrated view of energy infrastructure, regulation, and markets to help our clients succeed in the face of transformative power industry change. We combine rigorous analytical methodology with our knowledge of RTO/ISO operations and market rules, transmission planning, state, provincial, and federal policies, and regulatory and rate structures, to provide comprehensive solutions that address client needs. We work in partnership with developers, utilities, large loads, and state agencies, applying cutting edge thinking to decarbonize the power sector.

If you have a passion for the energy industry, want to work in partnership with clients and colleagues across our team, and are a high performer with a history of professional excellence and achievement, you’ll find Daymark Energy Advisors offers a challenging and rewarding environment in which to further your career. We cultivate an inclusive and affirming environment that supports professional growth and rewards entrepreneurial risk taking. Ideal candidates will have a desire to work in a team-oriented environment along with having experience of being part of and leading teams.

Daymark Energy Advisors is part of the Xodus Group.

We seek an energetic team-oriented person with expertise in energy infrastructure planning, policies, and/or economics to join our firm. You will work closely with Daymark’s dynamic team of analysts, consultants, trusted advisors, and practice area leads to deliver advice and analysis to clients, including developers, utilities, large loads, and state agencies across the U.S. and Canada, helping them evaluate options and navigate the technical, economic, and commercial issues that characterize today’s rapidly evolving power sector.

We invite applications from power industry professionals with experience in one or more of the following areas of expertise:

• Energy infrastructure planning and cost-benefit analysis, with focus on Integrated Resource Planning

o Experience performing utility integrated resource planning; exposure to issues involving load forecasting, generation resource selection, transmission and distribution investment options, distributed demand-side resources

o Experience designing and implementing cost-benefit analyses that articulate, quantify, and forecast infrastructure benefits within the context of changing market conditions, policy landscapes, and reliability constraints.

o Experience evaluating renewables and the interconnection and market integration of renewables

o Experience establishing decision criteria and designing and implementing optimal selection frameworks

o Experience reviewing the integrity of resource acquisition through public/private procurement

o Experience designing and/or administering competitive resource procurements (evaluating alternative resources and regulatory requirements, designing request for proposals documents and processes, evaluating bids received by clients, advising on markets and energy supply)

• Clean energy and renewable policies, with focus on impacts and implications of policies on commercial opportunities, including state, provincial, and regional renewable portfolio standards and other programs, legislative activity, etc.

o Experience evaluating impacts of FERC policies and evolving transmission planning and interconnection policies on opportunities for deployment and development of energy infrastructure like renewable energy, energy storage, and power transmission

o Understanding of FERC market design policies, organized RTO/ISO structures, and OTC opportunities across regions along with potential impact on clients' business

o Understanding of federal, provincial, and state laws related to energy development and power industry, incentives, loans and subsidies available for renewables, electrification, hydrogen hubs, transmission

• Utility economics, with focus on cost recovery policies, equity, regulatory policy, cost allocation, rate structures

o Experience with utility economics, policies, and analyzing the implications of utility tariff and cost allocation approaches using appropriate models

o Experience analyzing and implementing utility rate designs, revenue requirements, and cost of service models and policy

o Experience applying skills to problems characterized by structural changes, evolving legal and regulatory requirements, cost uncertainty, and changing customer preferences -- interest in value-based pricing versus historical structures, blurring market lines, evolving set of competitively provided services

o Experience designing and reviewing programs such as critical peak pricing and net metering

o Ability to apply skills to find new approaches to customer segmentation to address policy changes and cost shifts or new allocation strategies

o Ability to help clients negotiate with utilities on electricity tariff structures that are fundamentally sound and meet those clients’ strategic objectives

• Economics, with focus on cost benefit analysis, economic modeling, macro-economics, and labor market dynamics

o Experience analyzing macro-economic variables and estimating discount rates

o Experience analyzing the generation and/or transmission sector supply chain and labor market

o Experience assessing societal impacts including environmental justice and energy justice

• Regulatory finance, with focus on (regulatory) cost accounting and asset management

o Regulatory finance and accounting experience performing tariff analysis, assessing and modeling capital structure, debt analysis, discounted cash flow (DCF) analysis, ROE, and calculating revenue requirements

Primary responsibilities include :

• Provide expert advice to address client needs, lead client engagements, and build consulting team’s skill set.
• Work with cross-functional teams on integrated infrastructure, regulatory, and market projects.
• Project management and project oversight responsibilities for projects ranging in size and complexity.
• Business development responsibilities, including working in teams to develop relationships, networks, and proposals for consulting projects.

Requirements

• A hands-on approach with a can-do attitude along with an overriding curiosity and desire to help others succeed in a team environment.
• Ability to communicate at all levels in the organization and externally with clients, both verbal and written.

• A commitment to constructively engaging together to solve problems and continuously improving through thoughtful, respectful, and direct information and feedback
• Demonstrated ability to collaborate with cross-functional teams and influence decision-making processes.
• Analytical skills, sound judgment, creative problem solving, and commercial awareness.
• Broad familiarity with the matters most impacting investment risk, affordability, and reliability; such matters include FERC wholesale market and transmission policies, retail markets and state or provincial jurisdictional resource planning and cost recovery, environmental and siting issues.
• An understanding of the relevant existing federal, state, and provincial energy regulations and policies and the demonstrated ability to analyze and advise clients regarding the impacts of proposed regulations and policies.
• Bachelor’s degree required; advanced degree in law, economics, finance, or another related field a plus.

Benefits

Daymark is headquartered in Worcester, Massachusetts. We offer flexible work arrangements (remote, hybrid, office), and our team is located throughout the United States and Canada.

We offer competitive compensation and benefits including:

• Collaborative and supportive work environment

• Participation in our 401(k) plan, including company matching

• Comprehensive group health and dental plans

Flexible spending accounts for health and dependent care

To apply for this role please please email your resume and cover letter to [email protected] outlining your experience and what you would bring to the role.

We look forward to receiving your application!