Senior Energy Sector Specialist

Job Description

The (Senior) Energy Sector Specialist (internally referred to as (Senior) Sector Engineer/Economist) assesses, within multi-disciplinary teams, the technical and economic viability and environmental sustainability of projects and programmes in all countries where the Bank operates and in accordance with the Bank’s procedures. S/he also prepares studies related to energy matters and contributes to the development of EIB energy objectives.

The activities will focus in particular on renewable energy and energy efficiency projects, through Bank intermediated operations or equity funds.

The Project Directorate’s mission is to assess the quality and risk of projects proposed for financing and to provide independent advice to the Bank’s decision makers on sector issues. It also plays an important role in advising promoters on the development and implementation of projects. It is involved in policy formulation for the Bank to respond to EU policies. To accomplish its role, PJ is mainly staffed with sector experts (Engineers, Economists, Environmental and Social experts).

The successful candidate will report to the respective Head of Energy Transition Programmes Division (ENERPRO) and work in close contact with the other professional staff of the Energy Department, other PJ departments and Bank staff, notably those participating in lending operations. S/he will need to work with a high degree of autonomy, maintaining external contacts with firms, organisations, public authorities and EU institutions, as appropriate and representing the EIB at high level meetings with promoters and EU counterparts and/or at external events. Participation in horizontal tasks within the Energy Department may also be envisaged.

• Assess the technical and economic viability and environmental sustainability of energy projects and programmes within multidisciplinary teams, both in the EU Member States and in the other countries where the Bank operates. This will also entail looking into equity funds, bank intermediated operations as well as broader climate action related products with an important energy component. In function of the workload and other considerations, the sector engineer will also be available to support operations led by other divisions in PJ.
• Assess the market conditions supporting the above-referred economic and financial viability, and in particular the demand and, when applicable, the tariffs and associated support schemes
• Cooperate closely with the Lending Directorates and provide assistance to the early screening as well as monitoring of operations. Prepare incisive appraisal and monitoring reports of projects and programmes in order to determine if they can be financed by the Bank

• Monitor on-going projects in order to verify their alignment with the agreed objectives, EIB safeguards and prepare the corresponding monitoring reports
• Provide expert advice to internal and external stakeholders in formulating and shaping new mandates and initiatives, and represent the Bank at external events and during missions

• Prepare technical specifications for the procurement of consultants and supervise the intermediate and final deliverables of those consultants in the context of the management of project development assistance funds received from donors (and namely the European Commission)
• Track the evolution of the legal and regulatory framework for the projects as well as the applicable EIB lending policy, including active representation at selected sectorial events, and liaise closely with EU institutions and international organisations on energy policy/sector questions
• Produce sector, policy and other papers related to energy matters when required.

• University degree in economics and/or engineering
• A Master’s degree would be an advantage and a multidisciplinary background an asset
• Specialisation in an energy related field as part of studies would be an asset
• Minimum of 5 years of relevant professional experience in the energy sector covering the main aspects of the project cycle (feasibility, design, development, management and operation) and in particular in relation to RE&EE, including innovative technologies
• An understanding of intermediated financing products would be an advantage, including implementation of associated technical assistance
• Good knowledge of environmental and procurement aspects would be considered as an advantage.
• Experience in the set-up and management of mandates and technical assistance projects or programmes would also be considered as an advantage
• Good knowledge of the energy sector including the relevant EU policies and regulatory aspects
• Good knowledge of economic and financial modelling including risk analysis would be an advantage
• Excellent knowledge of English and/or French(*) with a good command of the other. Working knowledge of other EU languages would be an advantage.

Deadline for applications: 25^th May 2022