Utilities Specialist Job Listing at Saudi Aramco in Saudi Arabia

Energy/Utilities

Description Saudi Aramco is seeking a Utility Industry Specialist whose responsibilities will include comprehensive economic, technical and regulatory analysis of Saudi Aramco's own power generation facilities and those of our major power generation and water desalination fuel customers.

As different Saudi Aramco business units and outside customers develop their utility investment plans, the Utility Industry Specialist will evaluate the general configuration of each project, economic attractiveness, energy conversion efficiency, fuel type compliance and fit with the Kingdom's utility plans. Based on this evaluation, the Specialist would advise management regarding the appropriateness of the investment for internal projects and the acceptability of the proposed configuration and fuel efficiency for outside plants.
Requirements Bachelor's degree in electrical or mechanical engineering and 10+ years, or advanced degree and 5+ years of working experience in a utility company with responsibilities in the following: the economics and planning of new fossil fuel, renewable and unconventional investments; business structure; and rate making.

Experience in utility regulatory systems in Saudi Arabia and other countries, including an understanding of tariff structures and rate making methodologies.

Sound knowledge of techniques used in evaluating investment decisions, including such new areas as Clean Development Mechanism (CDM) and the acquisition of carbon credits.

Proven ability to interface and effectively communicate with technical and nontechnical personnel at all levels within the organization and with outside experts.

Current knowledge of topics that affect the utility industry, including: restructuring of the electricity and water sectors, changes in economic regulatory practices, regulations to support alternative energy and evolving global environmental issues.

Able to work effectively with minimum supervision and on relatively unstructured tasks.

Responsibilities The Utility Industry Specialist will be responsible to assist Corporate Management and other company organizations in the following areas:

Overall economic and regulatory factors affecting the electricity and water markets in the Kingdom.

Prioritization and optimization of Saudi Aramco's investment in electric and cogeneration facilities.

Advising the Ministry of Petroleum and Mineral Resources about ways to optimize new electricity generation and water desalination capacity additions in terms of optimal fuel and energy efficiency.

Economic analysis of proposed SEC and SWCC investments in new plants and replacement of low efficiency capacity.

Financing issues covering the electricity and desalination sectors.

Negotiating agreements with the SEC regarding wheeling, backup and standby services.

Interacting with the regulator to articulate Saudi Aramco's position on key regulations, including: terms of the powers of the new independent system operator, grid code, cogeneration license requirements, wheeling conditions, etc.