Economist

We’re seeking an Economist to lead rigorous economic analysis for energy infrastructure programs—particularly hydropower. You’ll deliver end-to-end economic assessments aligned with ADB/World Bank practices, inform government policy on sustainable energy, and translate complex evidence into clear decisions for boards, lenders, and regulators.

Key Responsibilities

• Project economic analysis: Lead cost–benefit analyses for energy investments; calculate EIRR, ENPV, benefit–cost ratios, switching values, and carry out sensitivity and quantitative risk analyses (e.g., Monte Carlo). Ensure alignment with ADB’s Guidelines for the Economic Analysis of Projects and relevant World Bank guidance.

• Market & tariff studies: Analyze demand, supply, and price dynamics; assess tariff structures, affordability, and welfare impacts; evaluate grid integration and dispatch effects for hydropower.

• Policy & regulatory advisory: Provide evidence-based recommendations on energy policy, planning, and regulatory design (PPAs, auctions, incentive schemes, carbon pricing, RE integration).

• Portfolio & macro context: Assess wider economic impacts (jobs, local content, resilience, externalities, climate co-benefits); contribute to country/sector diagnostics.

• Project design support: Collaborate with engineering, finance, and procurement teams to optimize options (capacity, sequencing, storage, hybridization), reflecting economic efficiency and distributional impacts.

• Data & modeling: Build transparent, audit-ready models; develop reproducible workflows and documentation; maintain data pipelines and visual dashboards.

• Stakeholder engagement: Present findings to sponsors, IFIs, government counterparts, communities, and investors; manage consultations and incorporate feedback into final recommendations.

• Knowledge products: Produce policy briefs, technical notes, and lessons learned to enhance institutional knowledge.

Required Qualifications

• Master’s degree in Economics, Energy Economics, Finance, or closely related field from a recognized university;
  OR a Bachelor’s degree in the above fields plus three (3) additional years of relevant experience (in lieu of Master’s).

Experience & Technical Expertise

• 7+ years in energy economics, infrastructure development, and energy market analysis.

• Proven track record conducting economic analyses of power infrastructure (preferably hydropower) at the project level.

• Significant asset: Experience delivering project economic analysis for multilateral financial institutions (e.g., ADB, World Bank) and in line with their methodologies.

• Experience in design, evaluation, and implementation of infrastructure and development projects, especially in the energy sector.

• Demonstrated research output in energy economics and policy advisory to governments on sustainable energy planning.

• Proficiency with R, Stata, or Python and data visualization tools (e.g., Power BI, ggplot2, matplotlib); comfort with version control and reproducible analysis.

• Excellent written and verbal communication, able to convey complex analyses clearly to non-technical audiences.

• Ability to work effectively in multidisciplinary, multicultural, and geographically dispersed teams.

• Preferred: Experience with international organizations, investment banks, or think tanks on comparable assignments.

Competencies

• Welfare economics & externalities (including climate)

• Demand forecasting, dispatch, and system planning interfaces

• Tariff design, affordability, and distributional analysis

• Quantitative risk, uncertainty, and scenario design

• Clear storytelling, visualization, and executive briefing

• Stakeholder facilitation and consensus-building

• Rigor, transparency, and auditability of models

Nice to Have

• Experience with hydrology–generation linkage and energy yield uncertainty

• Familiarity with carbon markets, shadow carbon pricing, and resilience economics

• Knowledge of SIDS contexts and small/isolated grid economics

• Understanding of FIDIC/EPC commercial levers’ economic implications

How to Apply

Send your CV/resume and a concise cover letter (1–2 pages) highlighting two relevant project economic analyses (EIRR/ENPV, risk analysis, policy impact) to multilaterales@ingenieros-im3.com  with the subject line: Economist – Energy & Infrastructure. Please include availability/notice period.