Regulatory Affairs Analyst

Role type: Permanent | Location: Milan | Model: Hybrid | Level of travels: 10%

Alpiq is one of Switzerland’s leading electricity producers and a key energy services provider across Europe. Headquartered in Lausanne and powered by a strong portfolio of hydropower, nuclear, and renewable energy sources, we’re all about impact, for the climate, for people, and for the security of supply. More than 1,300 colleagues from nearly 60 nationalities bring their energy to a shared purpose: Together for a better climate and an improved security of supply. We work in a values-driven culture shaped by trust, curiosity, and respect. Our 4 company values have been co-created with our employees and are embedded in everything we do as a company:

“We are ALP1Q “- reflects our team spirit

“We learn and grow together” - we have courage

“We share the steering wheel” - we take ownership

“We focus on the outcome” - your impact matters

At Alpiq, your energy matters!

Mission: The role sits within the Regulatory Affairs function and supports the business in developing a clear and structured understanding of the Italian regulatory framework relevant to Alpiq’s business activities in Italy. Its purpose is to help identify and assess regulatory impacts, risks and opportunities for internal stakeholders, supporting informed business decisions, while also contributing to the company’s advocacy efforts by supporting relationships with industry associations and institutions and the development of a consistent regulatory positioning.

Your Impact: The role is designed to strengthen Alpiq’s ability to understand and factor Italian regulatory developments into business decisions, through clearer and more structured regulatory insights. Internal stakeholders will benefit from more consistent assessments of regulatory impacts, risks and opportunities, including quantitative support, while the company’s regulatory positioning and advocacy will be reinforced through more coordinated and informed interactions with associations and institutions. 

Your main responsibilities 

- Monitor and assess developments in the Italian regulatory landscape, ensuring their implications for Alpiq’s business activities are clearly identified and understood.

- Support the interpretation and translation of regulatory developments into structured insights on impacts, risks and opportunities for internal stakeholders across different business lines, including appropriate internal tracking and communication.

- Perform quantitative and strategic impact analyses of regulatory developments, supporting the assessment of regulatory effects on business performance, asset economics and strategic positioning.

- Support the preparation of internal regulatory positions and messages, ensuring alignment between regulatory developments and business priorities.

- Support the company’s advocacy efforts by participating in interactions with industry associations and institutions and supporting the development of a consistent regulatory positioning.

Your Profile 

Must haves

Education 

o University degree in Economics, Engineering, Political Science or similar disciplines, with a focus on energy markets, regulation and/or quantitative analysis. 

Skills

o Analytical capabilities Strong analytical skills to assess and structure the impacts of regulatory developments, including the ability to support quantitative impact assessments on business performance, assets and market activities.

o Regulatory and market understanding Solid understanding of the functioning of electricity and/or gas markets and of the role of regulation in shaping business models and economic outcomes.

o Communication skills Ability to translate complex regulatory topics into clear, structured and business-oriented insights for internal stakeholders.

o Languages Fluent Italian and English (written and spoken).

Valued 

• Previous professional experience (1y) in:
  • regulatory affairs or market analysis within the energy sector, or
  • other functions within the energy sector (e.g. market analysis, trading support, strategy, asset-related roles), provided that the experience involved a solid understanding of electricity and/or gas market functioning and regulated mechanisms, or
  • consulting firms providing regulatory, economic or market impact assessments in the energy sector.
• Exposure to regulatory impact assessments, quantitative analysis or scenario analysis in a professional or academic context.
• Initial experience in interactions with institutions or industry associations, even in a supporting role. 

Scope & Interfaces

Thematic scope (types of business and functions covered)

• Existing thermal and renewable assets, with reference to the regulatory framework applicable to operational management and participation in markets and regulated mechanisms.

• New projects and development, with reference to relevant regulatory and permitting frameworks and support mechanisms.

• Electricity & gas trading and origination activities, limited to regulatory aspects relevant to market functioning, products and regulated mechanisms.

• Sales to end customers, limited to large industrial customers with reference to regulatory aspects affecting the offering, contract structuring and other applicable obligations.

Geographical scope

• Italy, with reference to all Alpiq activities and business lines in the country. Internal stakeholders

• Asset Management and Asset Development

• Trading

• Origination

• Sales

• Strategy, Market Analysis and technical functions

• Legal and Compliance

External stakeholders

• Competent authorities

• Industry associations and working groups

• Other relevant operators and stakeholders within the energy system