Applications close - 4th January 2026
Start Date - 14th September 2026
Our Cost Assessment Analyst Graduate Programme offers a fantastic opportunity to develop your expertise in financial planning, cost control, and investment analysis within the electricity power sector. You’ll gain hands-on experience in key areas such as cost estimation, investment appraisal, budget planning and supporting the evolution of both Transmission and Distribution projects throughout the Price Control period.
You’ll be involved in the full lifecycle of project delivery—from early-stage feasibility and budgeting to post-project evaluation—across both the Distribution and Transmission networks.
This comprehensive exposure will equip you with the commercial awareness, analytical skills, and sector-specific knowledge needed to thrive in the dynamic world of cost and investment management in energy.
What you’ll be doing
Estimate costs and assess investments for Transmission and Distribution projects
Support budgeting, benchmarking, and post-project reviews
Help prepare regulatory submissions and respond to Ofgem queries
Use tools like Excel, Power BI, and SAP to analyse data and build cost models
Collaborate with teams across engineering, finance, and strategy
What you’ll bring
A 2:2 or above in Maths, Economics, Finance, Data Science, Engineering or similar
Strong analytical and numerical skills
Interest in energy, infrastructure, and commercial strategy
Good communication and teamwork skills
A driving licence (or working towards it)
What’s in it for you
Learn how financial performance links to regulatory outcomes
Work on real projects that support the UK’s Net Zero goals
Develop skills in cost modelling, investment planning, and strategic analysis
Build a career in commercial strategy, finance, or project controls
Get support for professional development and chartership
Gain hands-on experience across both our office and site environments. While training is primarily office or site-based, you’ll enjoy increasing flexibility as you move beyond the programme and into your career.
Why SP Energy Networks?
We’re powering the journey to Net Zero. As one of the UK’s key electricity network operators, we’re upgrading infrastructure, embracing innovation, and helping communities transition to clean energy.
You’ll be part of a company that values diversity, inclusion, and sustainability—and supports your growth every step of the way.
How to apply
Click Apply Now and submit your application online. Need adjustments or support during the process? Email: scottishpowergraduates@ambertrack.co.uk
You must have the right to work in the UK by September 2026. Check out our FAQs for more info.
Closing date: 4th January 2026*
*We encourage candidates to submit their applications as early as possible as we reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
We’re committed to inclusion
At SP Energy Networks, we welcome people of all backgrounds. We believe diverse perspectives lead to better ideas and stronger teams. Join us in building a more inclusive and sustainable future.