Position Title: Market Economics Analyst
Location: New Delhi, India
Title: Senior Research Associate/Research Lead
No. of Openings: 1 (One)
About FSR Global:
FSR Global is a not-for profit independent regulatory hub of excellence focused on energy transitions in the Global South. Using a system thinking approach we aim at improving the quality of energy regulation by collaborating and co-creating knowledge with multi-stakeholders from the energy sector and beyond. We develop and disseminate knowledge through our 3-pillars of activities – training, policy dialogues and research, through Global North-South and Global South- South partnerships.
The Role
Market Economics Analyst – an economic and policy design expert driving India’s energy transition.
- Primary focus: Evaluating market structures, consumer behavior, technology adoption pathways, and financing mechanisms to enable a low-carbon, resilient energy system.
- Key mandate: Analyze electricity and energy market design, assess behavioral and policy impacts, evaluate emerging technologies and financing models, and quantify the economic trade-offs of alternative transition strategies.
Key Responsibilities
1. Market Structure & Design
- Research and assess the effectiveness of wholesale, retail, capacity, and ancillary service markets.
- Evaluate regulatory frameworks, tariff mechanisms, and incentive structures for efficiency, equity, and investment outcomes.
- Model and simulate alternative market design scenarios, drawing insights from global best practices.
2. Behavioral Economics & Consumer Insights
- Analyze consumer and prosumer participation in markets (e.g., demand response, distributed generation, EV adoption).
- Design and evaluate behavioral interventions (nudges, dynamic pricing, participation incentives) to accelerate clean energy adoption.
- Integrate socio-economic factors into market models for inclusive policy design.
3. Technology Assessment & Economic Viability
- Evaluate emerging technologies (energy storage, hydrogen, distributed solar, digital platforms) for cost, scalability, and integration challenges.
- Quantify system-wide economic impacts of technology adoption under different policy and market scenarios.
- Support regulatory sandboxing, pilot programs, and innovation pathway assessments.
4. Funding & Investment Models
- Analyze financing mechanisms for new technologies and market reforms, including green bonds, blended finance, and public–private partnerships.
- Develop models to assess bankability and investor confidence for energy transition projects.
- Contribute to the design of market-based instruments (carbon pricing, RECs, capacity markets) to mobilize capital at scale.
5. Policy Engagement & Knowledge Sharing
- Co-create market design proposals and policy reforms with regulators, utilities, and stakeholders.
- Prepare economic modelling, behavioral analysis, and financing inputs for reports, briefs, and regulatory filings.
- Engage with policymakers, financing institutions, and industry partners to align research with implementation.
Qualifications
- PhD or Master’s degree in Economics, Energy Economics, Public Policy, Operations Research, or a related quantitative/analytical field.
- 3–7 years of experience in electricity market design, behavioral analysis, or energy technology economics in research, consulting, or policy roles.
- Proficiency in market modelling platforms (e.g., GAMS, PLEXOS, or custom economic models) and scenario analysis.
- Strong quantitative skills with expertise in Python, R, STATA, or similar data/behavioral modelling tools.
- Deep understanding of electricity market economics, regulatory frameworks, and technology cost assessments.
- Ability to translate complex market and behavioral research into clear, actionable policy insights.
Remuneration: As per market standards in India.
Perquisites*:
We believe in having work life balance; hence we break for holidays once in summer (2 weeks) and once in winter (2 weeks) – Yes the entire team takes a break!
- We have 5-day hybrid working week- 3 days in office and 2 days work from home.
- We believe in a diverse and inclusive working environment to help stimulate and inspire us.
- We are a flat organisation which encourages collaboration, innovation and problem solving to work towards our common goal as a cohesive team with collective responsibilities.
- We are a dynamic team where ideas and contributions matter more than titles.
- Get mentored by working closely with high- level senior experts from across the world.
*Subject to company policy and guidelines