Senior Consultant - Economic Studies & Regulation

About the role

Veolia's Engineering & Consulting activity advises public and private clients on environmental challenges such as water, waste, circularity and energy decarbonisation. Its Madrid subsidiary, MRC Consultants and Transaction Advisers, covers the full project cycle with a focus on decarbonisation, renewable energy, energy storage and climate-resilient infrastructure. It is looking for a Senior Consultant for its Economic Studies & Regulation team to advise international clients, including major IFIs, on energy markets and regulation, and to support financial modelling and green finance for energy projects and PPAs.

Key responsibilities

• Conduct energy market assessments, economic analyses and valuations for due diligence and project development.
• Design and implement tariff frameworks and cost-of-service studies for regulated utilities.
• Deliver IFI-funded regulatory and market reform assignments (World Bank, AFD, AfDB, EU).
• Build financial models for IFIs and investors on international investment projects and PPAs, to international standards.
• Analyse wholesale, balancing and ancillary power markets and their platforms and mechanisms.
• Provide strategic advice on energy sector business models and investment decisions.
• Support green and sustainable finance advisory and present complex analyses to diverse audiences in English and other languages.
• Identify market opportunities and contribute to business development.

Required profile

• MSc in Economics, Finance or a related quantitative field.
• 5 to 10 years of experience in energy market analysis and regulation, with work experience within Europe.
• Deep understanding of wholesale energy markets, regulatory frameworks and market design.
• Proven knowledge of power market platforms and their operations (wholesale, balancing, ancillary markets, day-ahead and intraday mechanisms).
• Strong quantitative and qualitative analytical skills with experience in economic and financial modelling.
• Excellent written and verbal communication in English, and fluency in at least one other language (Spanish or French preferred).
• Willingness to travel occasionally, worldwide.

Required skills

• Desirable: experience in green and sustainable finance and PPA structuring.
• Desirable: experience with IFIs and development banks (World Bank, AFD, AfDB, ADB, EU).
• Desirable: knowledge of energy transition topics, renewable integration, decarbonisation and digitalisation.
• Data analytics tools (Excel); Python/R are a plus.

What we offer

• Hybrid working (2 days telework per week) at the Madrid headquarters.
• Competitive salary based on experience, plus performance bonus.
• Employee share-ownership plan participation.
• 23 days holiday allowance, medical and dental insurance, staff canteen and group benefits.
• Dynamic, multinational team and exposure to high-impact projects with international clients.