Do you care about issues like climate change, environmental stability, and indigenous rights? These are exactly the types of issues you'll be dealing with if you choose to become an energy economist. These economists frequently work for government agencies, research institutions, and academic organizations.

If you work for a government agency, you'll be expected to look at how the use of energy, including its production and transport, impacts the environment. You'll also calculate the cost of environmental impacts to determine which policy proposals should be undertaken to address energy needs.

Many energy economists also work for private companies and help them by advising about which energy investments to pursue. Energy economists can also use their expertise to work as energy loan specialists, energy project financial analysts, or energy business analysts. If you're hoping to get into this line of work, you'll need to get Bachelor's degree with an environmental focus.

What Does an Energy Economist Do

There are certain skills that many energy economists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, speaking skills and writing skills.

How To Become an Energy Economist

If you're interested in becoming an energy economist, one of the first things to consider is how much education you need. We've determined that 45.8% of energy economists have a bachelor's degree. In terms of higher education levels, we found that 41.7% of energy economists have master's degrees. Even though most energy economists have a college degree, it's impossible to become one with only a high school degree or GED.

Average Salary for an Energy Economist

Energy Economists in America make an average salary of $58,368 per year or $28 per hour. The top 10 percent makes over $133,000 per year, while the bottom 10 percent under $25,000 per year.
Average Energy Economist Salary
$58,368 Yearly
$28.06 hourly
$25,000
10 %
$58,000
Median
$133,000
90 %

What Am I Worth?

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Energy Economist Education

Energy Economist Majors

39.3 %
14.3 %

Energy Economist Degrees

Bachelors

45.8 %

Masters

41.7 %

Doctorate

12.5 %

Top Colleges for Energy Economists

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-State Tuition
$15,262
Enrollment
30,079

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

5. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

6. Washington University in St Louis

Saint Louis, MO • Private

In-State Tuition
$53,399
Enrollment
7,356

7. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

8. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

9. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

10. Cornell University

Ithaca, NY • Private

In-State Tuition
$55,188
Enrollment
15,105

Top Skills For an Energy Economist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 61.6% of energy economists listed economic analysis on their resume, but soft skills such as analytical skills and speaking skills are important as well.

Energy Economist Demographics

Energy Economist Gender Distribution

Male
Male
70%
Female
Female
30%

After extensive research and analysis, Zippia's data science team found that:

  • Among energy economists, 30.4% of them are women, while 69.6% are men.

  • The most common race/ethnicity among energy economists is White, which makes up 69.2% of all energy economists.

  • The most common foreign language among energy economists is German at 50.0%.

Online Courses For Energy Economist That You May Like

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Energy Economics and Policy
edX (Global)

With renewable sources playing an increasing role in meeting global energy demand and mitigating climate change, electric power systems and the related markets are changing. To prepare for a career in the future energy landscape, industry professionals, policymakers, and academics must understand these changes and develop specific, relevant skills to drive this energy transition within the necessary timeframe. In this course, you will learn to apply economic and socio-political analysis to...

Energy Subsidy Reform
edX (Global)

In the first part of the course, economists from the IMF will introduce the definition and measurement of subsidies, and then describe the economic, social, and environmental implications of subsidies. The second part of the course has two principal purposes: first, to review what works best in energy subsidy reform, in light of country experiences globally; and second, to illustrate successes and failures in particular country contexts by summarizing some case studies. Whether you are a civil...

Global Energy and Climate Policy
coursera

The Global Energy and Climate Policy course offers an introduction to the theoretical and practical understanding of how energy and climate change policies are designed, shaped, advocated and implemented. As energy markets go truly global, domestic energy policies are becoming more and more entangled with wider issues of international governance. Concurrently, the urgent need to mitigate and adapt to climate change and transition to a low-carbon future is adding a further layer of complexity. Th...

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Top Energy Economist Employers

Most Common Employers For Energy Economist

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Texaco$160,697$77.261
2CME Group$116,937$56.221
3Federal Energy Regulatory Commission$113,241$54.441
4World Bank$112,638$54.153
5NW Natural$103,680$49.851
6Abt Associates$101,880$48.981
7Deloitte$100,484$48.311
8Argonne National Laboratory$95,307$45.821
9California Institute of Technology$91,921$44.191
10U.S. Department of State$85,662$41.181