Energy Specialist

The EIB, the European Union's bank, is seeking to recruit for its Projects Directorate (PJ), Energy Department (ENERGY), Energy Security Division (ENSEC), Modernisation Fund Unit (MFU) at its headquarters in Luxembourg, a (Senior) Energy Specialist*.

*internal benchmark (Senior) Sector Engineer

This is a full-time position at grade 5/6 for which the EIB offers a permanent** contract.

The existence of this position is linked to the Modernisation Fund partnership which is foreseen until 31/12/2032.

Panel interviews are anticipated from February 2024 onwards.

As (Senior) Energy Specialist you will work within a multi-disciplinary team, assessing eligibilities and investment costs for priority investment proposals, and undertaking detailed due diligence (technical, financial and greenhouse gas etc.) for non-priority investment proposals in order to support the fulfilment of EIB's obligations and activities as set out in the ETS Directive, the Implementing Regulation and the Cooperation Agreement between the EIB and the EU Commission with respect to the Modernisation Fund*.

In addition to the Modernisation Fund activities, the (Senior) Energy Specialist may also be required to undertake similar activities to those required for the MF for the Greece Islands Electricity Decarbonisation Fund (GIEDF)**.

Join our team, and be part of the EU's energy transition

You can learn more about the Modernisation Fund here: Homepage – Modernisation Fund.

*The MF was established under the 2018 revision of EU Emissions Trading System (ETS) Directive. The objective of the MF is to support lower income Member States to modernise their energy systems more effectively into "greener" alternatives in an economically and socially just way. EIB is expected, in addition to monetization of allowances and asset management of revenues, to perform eligibility checks, confirm if a proposed investment falls under one of the priority areas, and to carry out detailed due diligence on project proposals that comply with the Fund's general objectives but do not fall under priority areas. The MF Mandate will run from 2021 to 31/12/2032.

**The GIEDF was established under the 2018 revision of the EU Emissions Trading System (ETS) Directive. The objective of the GIEDF is to help decarbonisation of the electricity supply of islands within Greece's territory. EIB is required to confirm the financial viability and socio-economic benefits of submitted investment components. The GIEDF is expected to run from 2024 to 2026.

You will be part of the MF Unit within the ENSEC Division of the ENERGY Department. You will report to the respective Head of Unit and work in close contact with the other professional staff of the unit, other Projects' Departments and other Bank Directorates, notably those involved in the MF/GIEDF. You will need to work with a high degree of autonomy representing the EIB at high-level meetings with EU institutions and Member State counterparts and/or at external events.

• Undertake eligibility assessments for priority projects and schemes, including verification of the investment costs.
• Undertake detailed technical and financial due diligence of non-priority projects and schemes including greenhouse gas assessments.
• Undertake work activities as set out in the Cooperation Agreement between the EIB and the EU Commission.
• Liaise closely with the Beneficiary Member States (BMS) and DG Competition colleagues to verify that BMS have obtained state aid clearance based on documentation provided and that they are in compliance with the applicable EU requirements and national law.
• Hire and manage consultants, prepare specifications/terms of reference, prepare procurement notices, undertake tender evaluations, supervise the quality of their intermediate and final deliverables.
• Implement reporting and document management per MF requirements and ensure timely publication on the MF website.
• Represent the EIB in the MF Investment Committee meetings and other external meetings/activities and working groups when required.
• Contribute to any audits of the MF by providing information and implementing any audit action points.
• Deal with the EIB complaints and transparency mechanism.
• Undertake similar activities as above for the GIEDF.

• University degree (minimum an equivalent to a Bachelor) preferably in a relevant field (e.g. engineering, economics, urban planning, architecture). A post-graduate degree at Master's level or equivalent would be an advantage and a multidisciplinary background an asset.
• At least 5 years experience in designing, developing, implementing and/or operating projects in one or more of the following energy domains: Energy Efficiency, Renewable Energy, Electricity Networks and Storage, District Heating/Cooling networks.
• Good up-to-date knowledge of cost benchmarks in the sector.
• Excellent knowledge EU policies, directives and regulations related to the energy sector.
• Good knowledge of environmental and greenhouse gas assessment principles and methodologies.
• Experience in the procurement and management of consultants would be an advantage.
• Experience of working in the region covered by the MF would be an advantage.
• Excellent knowledge of English and/or French (***), with a good command of the other. Knowledge of other EU languages would be an advantage.

Find out more about EIB core competencies here

(***) Unless stated explicitly as a required qualification, a good command of French is not a pre-requisite for hire. As both English and French are however official working languages of the EIB, proficiency in both languages is a pre-requisite for your future career development. Any language clause in your contract must be fulfilled in order for you to be eligible for a promotion (either via the annual appraisal cycle or via an internal selection process). Proficiency is understood to mean the attainment of level 5 of the Inter Institutional language courses, corresponding to B1.2 of the Common European Framework of Reference for Languages (CEFRL). The Bank offers appropriate training support.

(**) The existence of this position is linked to the Modernisation Fund partnership which is foreseen until 31/12/2032. The Bank may terminate any employment contract in case the Modernisation Fund Partnership ceases to exist.

We are an equal opportunities employer, who believes that diversity is good for our people and our business. We encourage all suitably qualified and eligible candidates to apply regardless of their gender identity/expression, age, racial, ethnic and cultural background, religion and beliefs, sexual orientation/identity, disability or neurodiversity.

Applicants with specific needs are encouraged to request reasonable accommodations at any stage during the recruitment process. Please contact the EIB Recruitment team who will ensure that your request is handled."

By applying for this position, you acknowledge the importance of maintaining the security and integrity of the Information of the EIB Group. In case of selection for the position you agree to comply with all measures (policies, controls, document classification and management) implemented by the EIB Group to prevent unauthorised disclosure of any information or any damage to the EIB Group reputation.

Deadline for applications: 15th January 2024

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