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Apply NowContract type: PermanentHours: Full Time, 37.5 hours per week
Salary: circa £44,000 depending on experience
Location: Canary Wharf
WFH policy: Employees are required to attend the office 2 days/week
Flexible working : Variety of flexible work patterns subject to line manager discretion e.g. Compressed 9-day fortnight.
Visa sponsorships: LCCC does not sponsor visas currently so you will need to hold a valid UK passport or a valid visa to work in the UK.
Reports to: Strategy & Performance ManagerDeadline Note: We reserve the right to close the advert before the advertised deadline if there are a high volume of applications. Role Summary:Low Carbon Contracts Company (LCCC)
The Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC) sit at the heart of the delivery of the UK’s goals for secure, affordable and sustainable electricity. These two private limited companies, wholly owned by the Secretary of State for Energy and Climate Change, were created to deliver key elements of the government’s Electricity Market Reform Programme.
The biggest change to the electricity market since privatisation, the Government’s Electricity Market Reform programme (EMR) is designed to attract the £110 billion investment needed this decade to replace the UK’s ageing energy infrastructure with a more diverse and low-carbon energy mix. EMR will facilitate this vital investment through the introduction of two new schemes: the “Contract for Difference” (or “CFD”); and the “Capacity Market”.
LCCC is the counterparty to CFDs, a role which involves management of the contracts as well as the Supplier Obligation Levy that funds CFD payments. LCCC is led by its guiding principle to “maintain investor confidence in the CFD scheme and minimise costs to consumers”.
Strategy & Development Performance Team
The Strategy & Development Performance Team has recently been created and will play a central role in ensuring the Strategy & Development directorate is delivering against its goals and objectives. The key activities of the team include:
The Strategy & Development Analyst which will report to the Strategy & Development Performance Manager and will be expected to work closely with other members of the team and the wider organisation. The team will have a central role across the Strategy & Development directorate to ensure that the department operates efficiently through a centrally governed programme management framework – you shall take a proactive role in recognising where intervention is required to support successful delivery of outcomes within the Strategy & Development directorate. The long term aspiration shall be to develop a performance management centre of excellence within the department.
Key ResponsibilitiesThe key team accountabilities of the role are outlined below, covering both the Low Carbon Contracts Company and Electricity Settlement Company. However, this is an overview of the team and is not exhaustive. The Low Carbon Contracts Company reserves the right to assign other duties commensurate with the role as required.
Essential:
Desirable:
As if contributing to and supporting work that makes life better for millions wasn’t rewarding enough, we offer a full range of benefits too. Key benefits that may be available depending on the role include:
The Low Carbon Contracts Company (LCCC) exists to help decarbonise the generation of electricity and make it more affordable for the future. Our work is central to the delivery of the Government’s objective to achieve Net Zero target by 2050.
LCCC’s main responsibility, amongst many, is managing the Contracts for Difference (CfDs) scheme which are agreements LCCC has made with renewable generators. These agreements are private law contracts to provide investors with confidence when investing in low carbon technology. CfDs are also designed to help and manage price increases for consumers, when electricity prices are high. See here for more information on how CfDs work: LCCC CfD Video on Vimeo .
LCCC’s other responsibilities include management of money flows across energy suppliers to fund the CfD portfolio, settlement of the capacity market and develop new schemes. Find out more about all that we do by visiting our main page.
Want to know what’s important to us and what’s expected? See here: Values | Low Carbon Contracts Company Careers (pinpointhq.com) .Please take the time to answer the optional diversity questionsAt LCCC, we are dedicated to fostering a diverse and inclusive workplace where everyone can be their authentic selves and contribute to our mission of advancing a flexible energy future. Our aim is to be reflective of the environments where we operate and truly benefit from a rich tapestry of backgrounds and experiences where everyone thrives which of course make us stronger together. Your diversity data is valuable to us, it helps us understand whether we are effectively connecting with underrepresented groups and realising our diversity aims. Please note that your diversity data will remain anonymised to us as it only feeds into high-level reports not connected to the candidates.