Market Analyst, Energy Trading Salary
The average salary for a Market Analyst, Energy Trading is $81,801 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay.
|Salary||$44,385 - $139,520|
|Bonus||$1,957 - $79,463|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$49,665 - $193,288|
Job Description for Market Analyst, Energy Trading
Market analysts in the energy trade field work in the "power trade," which involves the buying, selling, and moving of energy sources from points of origin to where they are needed; this includes hydro-electricity, natural gas, and renewable resources such as wind and solar. These market analysts must be highly knowledgeable of power flow and have a clear understanding of its relation to the power trade. They must also be detail-oriented and have the knowledge and capability to research and gather information, create graphs, and report on the current status of the market, such as prices and specific events.Read More...
A bachelor's degree, proficiency in Excel and related programs, and some prior experience in the energy field are generally required for this position. Attention to detail and the ability to multitask are also important to work in stressful situations and under time-constraints. Candidates for this position should have excellent time-management skills in order to work well with minimal supervision, and good communication skills are also helpful. The ability to interact in a positive and knowledgeable way with customers, whether by phone, e-mail, or in-person, is essential.
Market Analyst, Energy Trading Tasks
- Assist in the development of marketing plans.
- Track and analyze marketing and sales trends, forecasts and prepare reports in order to measure the effectiveness of programs.
- Conduct research market conditions in specific areas, and analyze customer preferences to determine potential sales of a product or service.
- Gather data on competitors and past sales to analyze prices and methods of marketing and distribution.
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