Sample interview questions: Can you provide an example of a situation where you had to conduct a cost-effectiveness analysis for regulatory interventions in the energy sector?
Sample answer:
- Conducted a cost-effectiveness analysis to evaluate the impact of a proposed energy efficiency regulation on the commercial building sector.
- Developed a detailed model to estimate the incremental costs and benefits of the regulation, including the cost of compliance for businesses, the energy savings resulting from the regulation, and the environmental benefits of reduced energy consumption.
- Conducted extensive stakeholder engagement to gather data and insights from industry experts, policymakers, and consumer groups.
- Presented the findings of the analysis to decision-makers, including regulators, lawmakers, and industry leaders, to inform their decision-making process.
- Recommendations from the cost-effectiveness analysis were incorporated into the final version of the regulation, which was implemented and … Read full answer
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