Two (Senior) Engineers in innovative low carbon energy – based in Luxembourg/

Posting title:  These positions are based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment.  We also offer relocation support.

The EIB, the European Union’s bank, is seeking to recruit for its Projects Directorate (PJ), Energy Department (ENERGY), Renewable Energy Division (RENEW), Innovation Fund Unit (IFU), at its headquarters in Luxembourg, two (Senior) Engineers in innovative low carbon energy*.

*Internal benchmark role: (Senior) Sector Engineer.

These are full-time positions at grade 5/6 for which the EIB offers a permanent** contract.

The existence of this position is linked to the Innovation Fund partnership which is foreseen until 31/12/2031.

Panel interviews are anticipated for beginning of May.

PROPOSE

Provide technical advisory services to projects and programmes and capacity building to project proponents within a wide range of technologically advanced sectors to ensure compliance with the relevant EU requirements under the Innovation Fund Project Development Assistance (IF PDA), in order to enable the Bank to deliver the IF PDA mandate.

OPERATING NETWORK

The successful candidates will report to the Head of the Innovation Fund Unit. The candidates cooperate closely with colleagues in PJ/ENERGY, PJ/INCO, PJ/MOBILITY and other PJ Departments. Close collaboration with the Operations Directorate and with the Legal Directorate (JU) to ensure that all duties are performed in line with the Contribution Agreement, and with the Finance Directorate (FI) on disbursement matters.

The successful candidates will need to work with a high degree of autonomy, maintaining contacts with the European Commission and the Climate, Innovation and Networks Executive Agency (CINEA) on Innovation Fund implementation and representing the EIB at high-level meetings and/or at external events.

The Innovation Fund was set up under the revised EU Emissions Trading System (ETS) Directive. The objective of the Innovation Fund is to support innovative, low carbon technology demonstration projects in energy intensive industries, renewable energy, energy storage, transport, buildings, carbon capture and use (CCU) or carbon capture and storage (CCS) (the “Innovation Fund Sectors”). More information on EIB involvement in IF is available at the dedicated IFPDA website: Innovation Fund – Project Development Assistance (eib.org)

ACCOUNTABILITIES

• Ensure techno-economic assessment, individually or within multidisciplinary teams, of investment projects and programmes under the IF PDA including compliance with the relevant EU and EIB policies, to the required quality standards and timetables set.
• Assess the feasibility and maturity of the submitted PDA projects, in order to screen them in or out for future PDA activities.
• Analyse, improve and/or develop project documentation, including technical and economic studies to define in detail the scope of the PDA activities.
• Advise on the financial and legal structure of the projects that are submitted for PDA in order to improve projects bankability.
• Provide plans to improve the capacity of the PDA project proponents.
• Prepare specifications for the procurement of consultants and supervise the quality of their intermediate and final deliverables in the context of the management of the IF PDA and ensuring compliance with procurement procedures.
• In line with the Contribution Agreement with the EC and the applicable procedures manual prepare final PDA reports to be provided to the promoters.
• Implement reporting and document management per IF PDA requirements.
• Propose improvements and updates of internal PDA procedures in order to increase the efficiency of the PDA activities.
• Track the evolution of the legal and regulatory framework for the projects as well as the applicable eligibility requirements, including active representation at selected sectorial events and ensure application of the most up to date EU requirements during due diligence.
• Undertake market/sector studies and carry out gap analysis in order to complete IF PDA due diligence.
• Produce sector and policy papers related to IF PDA matters when required.
• Contribute to any European Commission or ECA audits of the IF PDA by providing information and implementing any audit action points.
• Track the evolution within the sector and anticipate its impact on the Bank’s activities.
• Represent the EIB for the Innovation Fund in workshops with Member States and Promoters or other events which may include sharing of good practice guides and methodologies.

QUALIFICATIONS

• University degree, Master level or above, in a relevant field such as engineering (typically in energy engineering or equivalent) or an undergraduate degree (Bachelor level) in engineering (in energy engineering or equivalent) complemented by a graduate degree (Master level or above) in economics, business, finance or another related field.
• At least 5 years of professional experience, with a focus on energy aspects, in one or more of the Innovation Fund sectors i.e.:
  • Energy-intensive industry:
    • Manufacture of coke and refined petroleum products
    • Manufacture of basic ferrous and non-ferrous metals
    • Cement and concrete product manufacturing
    • Lime and gypsum product
    • Glass and glass product manufacturing
    • Manufacture of paper and paper products
    • Manufacture of chemicals and chemical products
    • Other sectors covered by Annex I to Directive 2003/87/EC)
  • Renewable energy:
    • Wind energy
    • Solar energy
    • Geothermal energy
    • Bioenergy
    • Ocean energy
  • Energy storage
  • Production of low carbon hydrogen
  • Production of green methanol and e-fuels
  • Carbon capture and use or
  • Carbon capture and storage
  • Buildings
    • Energy efficiency and innovative technologies
  • Transport in particular maritime and aviation sectors
    • sustainable alternative fuel
    • electrification
    • zero-emission propulsion technologies
    • innovative infrastructure in the maritime sector, notably for EU container transshipment ports
• Experience in the technical advisory services, project appraisal and implementation including cost benchmarking of investment projects.
• Good knowledge of the regulatory EU policies linked to the Innovation Fund Sectors would be considered as an advantage.
• Good knowledge of environmental and procurement aspects would be considered as an advantage.
• Experience in the management of technical assistance projects or programmes would be considered as an advantage.
• Demonstrated experience in developing client and stakeholder relationships would be an advantage, in particular with other EU institutions or government entities.
• Knowledge and experience in the use of standard IT tools.
• Excellent knowledge of English and/or French (***) and a good command of the other; knowledge of other languages, will be an advantage.