Graduate Regulatory Analyst, Electricity Distribution, Bristol

National Grid Electricity Distribution (NGED) is responsible for the electricity distribution systems for the Midlands, the Southwest of England and South Wales, serving over 8 million people. We are committed to building an inclusive workplace.

As a Graduate Regulatory Analyst, you will join the Distribution System Operator (DSO) team within NGED. You will help shape the future of the electricity network by gaining hands-on experience in the regulatory, commercial, and policy landscape that influences DSO operations. Through structured training, project work, and stakeholder engagement, you will develop the skills needed to support strategic decision-making in a regulated environment.

What You'll Do

• Understand the regulatory, commercial, and policy environment of the DSO.
• Research and analyse industry developments, identifying emerging risks, opportunities, and regulatory changes.
• Collaborate with colleagues across the DSO, NGED, and National Grid Group to identify value from the regulatory framework.
• Support the DSO's position on key industry reform programmes and regulatory initiatives.
• Contribute to responses to regulatory consultations by coordinating input from internal stakeholders.
• Prepare briefing materials, presentations, and key messages for engagement with Ofgem and other external stakeholders.
• Support regulatory reporting and governance activities, building strong business relationships.

What You'll Need to Apply

• A minimum 2:2 degree in Economics, Maths, or a Business/Regulatory related discipline. The graduation date does not matter.
• Interest in the energy sector and its regulatory environment.
• Curiosity for understanding the bigger picture and identifying risks and opportunities.
• Enjoyment of analysing information, developing insights from data, and working with stakeholders.
• A full, valid UK driving licence by 27th September 2027 (your start date).
• Flexibility to travel within the role and throughout placements.

Note: If you progress to the assessment centre, you must have passed your driving theory test and be able to provide evidence.

Location

Castle Donnington OR Avonbank, Bristol. Occasional travel to National Grid sites and depots is required.

What You'll Get In Return

• Starting salary of £38,289 with annual increases.
• 18-month graduate programme with a tailored development pathway.
• 26 days' annual leave plus statutory holidays.
• Competitive pension scheme.
• Access to flexible benefits (cycle-to-work, holiday buy/sell).
• Opportunity to participate in Sharesave and Share Incentive Plans.
• £2,000 joining bonus.
• £2,400 payment upon successful completion.
• Up to £200 per month accommodation allowance during placements.
• Additional annual leave and relocation support when moving between placements.
• Dedicated mentoring, 1:1 coaching, and networking opportunities.
• A permanent role with National Grid upon successful completion.

About the Graduate Programme

This 18-month programme offers a tailored development pathway focusing on leadership, business, and technical skills through in-person and virtual sessions. You will receive support from your line manager, 1:1 coaching, and a mentor. The programme includes core development sessions and a Commercial pathway. You will complete three 6-month placements across the UK to deepen your understanding of your speciality and the wider business.

About National Grid

National Grid is the UK's critical energy infrastructure company, operating the electricity network and infrastructure that connects millions of people to the energy they use. We are investing in the next generation of talent to shape the future of energy.

More Information

• You can apply for only one opportunity across all Early Careers and Career Changer programmes.
• We recruit on a rolling basis and may close vacancies early. Apply as early as possible.
• Applicants must have the legal right to work in the UK without requiring sponsorship now or in the future.
• National Grid is generally unable to offer sponsorship.