Head of Policy - Nuclear Funding
This is an exciting opportunity to shape the future of nuclear power in the United Kingdom. You will help this Government Department deliver on its promises for clean, reliable and diverse electricity generation. We are looking to appoint someone to help design and assess a new policy framework for financing new nuclear.
This is a new department at the heart of the Government’s agenda, with a vision of an economy that works for everyone. Our role is vital to lead the Government’s vision in a context of momentous change, responding to both the short-term domestic impact of the UK’s withdrawal from the European Union and working to define the next stage.
To apply for this role, as well as having designed and delivered policy:
- You have strong interpersonal and influencing skills and you can act authoritatively and gain the confidence of senior figures;
- You can communicate complex scenarios with clarity, conviction and enthusiasm to non-specialists;
- You appreciate the political context and have ideas about strategies for ensuring best value for Government and UK electricity consumers;
- You have sound judgement and can analyse and present evidence and knowledge to provide accurate, expert and professional advice;
- You can create and maintain positive, professional and trusting working relationships with a wide range of people. You work collaboratively, share information and build supportive, responsive relationships with colleagues. You act honestly and with integrity; and
- You are focused on achieving goals in a timely and energetic manner. You take responsibility for quality outcomes. You are keen to build a strong performance culture in the team around you.
- Considering the deliverability of options under consideration, and their ability to offer value for money to UK electricity consumers and taxpayers;
- Preparing a consultation, conducting an impact assessment and preparing legislation; and
- Interacting with ministers and senior civil servants through briefings, submissions and comms.
Nuclear is an important part of the energy mix in this country as we work towards achieving our 2050 decarbonisation targets. However, financing nuclear projects is challenging due to the scale and risk involved. The Government will therefore have a key role to play in devising an approach to secure the delivery of new nuclear projects in the UK. With the Secretary of State’s recent statement in Parliament announcing both the commencement of formal negotiations with Hitachi in relation to the Wylfa project and a fresh look at our approach to financing the nuclear pipeline beyond Wylfa, specifically assessing the potential of a Regulated Asset Base (RAB) funding model, our work in this area is at a critical and exciting juncture.
The work is expansive, varied and multi-disciplinary. You will be working closely with our external advisors (financial, legal, technical). You will interact with many parts of the Department as well as with HMT, IPA, UKGI, Cabinet Office and No.10. This is high profile work, and a ministerial priority. The team will be newly created to work on the RAB funding model and you will be at the heart of shaping the formation of the team. You will have regular contact with the relevant senior civil servants.