Electricity Market Analyst (Electricity Regulation) at MECS (Pty) Ltd

• Reporting to the Executive Manager: Electricity Regulation: the incumbent will work closely with Electricity Market Specialists, Compliance Officers, and the broader Electricity Regulation Division.
• The incumbent will provide specialised analytical and data-driven support to the company in the regulation and oversight of the South African Wholesale Electricity Market (SAWEM).
• The incumbent will analyse electricity market data, identify trends and anomalies, support market surveillance activities, and produce high-quality analytical reports to inform regulatory decision-making, compliance enforcement, and policy development in line with the amended Electricity Regulation Act.

Requirements:

• Bachelor’s Degree / B Tech Degree / Advanced Diploma (NQF 7) in Economics, Engineering, Energy Studies, Statistics, Data Science, or a related field as recognized by SAQA
• A postgraduate qualification in Energy Economics, Power Systems, or Applied Economics will be an advantage
• Minimum of Five (5) years’ experience in electricity markets, energy analytics, economic analysis, or regulatory analysis
• Experience working with large datasets and analytical tools
• Exposure to electricity market operations, pricing mechanisms, or system dispatch is desirable

The candidate must be competent in the following:

• Strong Analytical and Quantitative Skills
• Ability to interpret complex market data and translate insights into regulatory recommendations
• Proficiency in data analysis and reporting tools
• Strong Report Writing and Presentation Skills
• Ability to work independently and under pressure

Key responsibilities: The successful incumbent will be responsible for:
Market Data Analysis and Surveillance Support:

• Analyse wholesale electricity market data, including bids, offers, dispatch outcomes, prices, and volumes
• Identify trends, patterns, and anomalies that may indicate market inefficiencies, manipulation, or abuse of market power
• Support the development and application of market surveillance indicators and analytical models

Regulatory Intelligence and Reporting:

• Prepare regular market monitoring reports, dashboards, and briefing notes for the HOD, Executive Manager, and Regulator
• Provide analytical input into market investigations, compliance assessments, and enforcement actions
• Maintain market performance databases and analytical tools

 Support to Market Regulation and Policy Development:

• Provide analytical support in the development and review of market rules, codes, and regulatory frameworks
• Benchmark South Africa’s electricity market performance against international best practice
• Support impact assessments for proposed regulatory interventions

 Stakeholder and Inter-Departmental Support:

• Work with the Market Operator to ensure accurate, timely, and reliable market data flows
• Support engagement with internal teams (Licensing, Tariffs, Compliance, Legal)
• Assist in responding to stakeholder queries requiring analytical input

Systems, Tools, and Continuous Improvement:

• Contribute to the design, testing, and implementation of market surveillance and analytics systems
• Continuously improve analytical methodologies and reporting processes
• Ensure data integrity, accuracy, and confidentiality