Market Analyst, Energy Trading Salary

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.

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. (Copyright 2017 PayScale.com)

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.