VP, US Policy & Regulatory Strategy

National Grid•Waltham, MA

2d•Hybrid

About The Position

National Grid is seeking a VP US Policy & Regulatory Strategy to develop and implement the regulatory strategy and policies for its US operations. This role reports to the SVP-US External Affairs and is responsible for driving change in the company's regulatory approach. The position leads a team of six direct reports and a total team of 21, with a budget of approximately $3 million. The VP will focus on major policy initiatives, comment filings, and policy proceedings across New England, New York, and the Federal Energy Regulatory Commission (FERC). Key responsibilities include providing regulatory, policy, business, and legislative guidance, trend analysis, customer affordability analysis, and pricing and policy analysis to inform corporate strategy and business planning. The role also involves overseeing policy and regulatory components related to customer needs, sustainability, future energy strategies, carbon policy, resource adequacy, infrastructure development, and large load issues. The individual will be expected to think 3-4 years ahead, anticipate changes, and translate strategic concepts into practical business deliverables.

Requirements

Strong understanding of regulatory strategy, with the ability to see how decisions made affect future outcomes.
Significant regulatory and stakeholder management / engagement experience, able to build relationships and connections across the whole industry and with regulators.
A track record of operating in leadership roles within regulated utilities.
Credibility and gravitas to lead at senior levels in this area, and the ability to speak publicly as a face of the company.
Experience serving as a policy witness in government and regulatory proceedings on various subject matters.
Demonstrated ability to understand, analyze, and set priorities on a broad range of issues.
Bachelor’s degree in Economics / Finance / Business / Accounting / Mathematics / Engineering / Public Policy / Planning / History / Political Science, or a comparable skillset with progressive relevant work experience.

Nice To Haves

Master's or Juris Doctor degree preferred.

Responsibilities

Develop and implement a regulatory work plan that enables US operations to achieve their business and financial goals.
Lead on major policy initiatives, comment filings, and policy proceedings across New England, New York, and at the Federal Energy Regulatory Commission (FERC).
Provide regulatory, policy, business, and legislative guidance and trend analysis.
Conduct customer affordability analysis, and pricing and policy analysis to inform corporate strategy and business planning.
Act as a strategic partner to company teams working on regulatory proceedings.
Lead a team that develops new regulatory options for implementation.
Oversee key policy and regulatory components of balancing customer needs in a sustainability-focussed company, future of electric and heat strategies, carbon policy initiatives, resource adequacy, infrastructure development, and large load issues.
Execute all strategic policies.
Develop insights into current and emerging customer needs and expectations to shape business and regulatory strategy.
Develop strategies to address customer needs and create value for customers from a regulatory point of view.
Integrate business and regulatory strategy, policy, and technology trends to set strategy for specific new customer offerings.
Develop strategies in response to business and regulatory strategic questions.
Craft overarching regulatory strategy, integrated into operating companies’ rate cases and FERC filings.
Serve as regulatory strategy liaison to major initiatives.
Develop new business models and policy in response to the changing landscape.
Shape regulatory framework on issues such as performance-based ratemaking (PBR) and incentives, rate design, and utility growth areas (e.g., storage, heat electrification, geothermal, transmission, large loads, resource adequacy, and distribution interconnection).
Engage externally for insights on business and regulatory strategy and on relevant topics.
Lead on key regulatory matters in major policy proceedings, comments, and related filings across multiple states (core New England, New York), FERC, and different ISO/RTO jurisdictions.
Work closely with Group Strategy, US Policy, and Legislative Affairs teams, driving a coherent approach to energy / climate policy across all areas of Strategy and providing detailed policy analysis and positions.
Develop and own internal analysis and insights on regulatory and policy pathways to achieve net zero.
Develop and own external messaging / presence on National Grid regulatory strategy.
Develop and build partnerships to augment learning and perspectives and support two-way stakeholder engagement.
Facilitate academic partnerships in line with core policy priorities.
Develop and execute on plans that translate the regulatory strategy into regulatory proposals in regulatory and policy proceedings related to operating companies in NE and NY, and at FERC and other regulatory jurisdictions across North America.
Work closely with NE, NY, and FERC pricing teams to develop and file innovative rate designs that align with rate design strategy.
Support the wider organization to implement / execute on approved programs.
Provide regulatory strategy input into development of new programs, pilots, etc. to ensure alignment with business and regulatory strategy.
Build and maintain close relationships with external stakeholders who are critical to the success of regulatory strategy execution, including peers and organizations (e.g. NARUC).