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Renewable energy broker vs energy trader

The differences between renewable energy brokers and energy traders can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a renewable energy broker and an energy trader. Additionally, an energy trader has an average salary of $114,844, which is higher than the $78,017 average annual salary of a renewable energy broker.

The top three skills for a renewable energy broker include renewable energy, salesforce and hedge funds. The most important skills for an energy trader are algorithmic trading, renewable energy, and financial instruments.

Renewable energy broker vs energy trader overview

Renewable Energy BrokerEnergy Trader
Yearly salary$78,017$114,844
Hourly rate$37.51$55.21
Growth rate10%10%
Number of jobs4,91112,923
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 79%
Average age4444
Years of experience22

Renewable energy broker vs energy trader salary

Renewable energy brokers and energy traders have different pay scales, as shown below.

Renewable Energy BrokerEnergy Trader
Average salary$78,017$114,844
Salary rangeBetween $46,000 And $130,000Between $66,000 And $198,000
Highest paying City-New York, NY
Highest paying state-Maine
Best paying company-NRG Energy
Best paying industry-Manufacturing

Differences between renewable energy broker and energy trader education

There are a few differences between a renewable energy broker and an energy trader in terms of educational background:

Renewable Energy BrokerEnergy Trader
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 79%
Most common majorBusinessFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Renewable energy broker vs energy trader demographics

Here are the differences between renewable energy brokers' and energy traders' demographics:

Renewable Energy BrokerEnergy Trader
Average age4444
Gender ratioMale, 74.9% Female, 25.1%Male, 89.6% Female, 10.4%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 16.1% Asian, 5.5% White, 67.2% American Indian and Alaska Native, 0.4%Black or African American, 7.1% Unknown, 4.1% Hispanic or Latino, 15.2% Asian, 5.7% White, 67.4% American Indian and Alaska Native, 0.4%
LGBT Percentage5%5%

Differences between renewable energy broker and energy trader duties and responsibilities

Renewable energy broker example responsibilities.

  • Design retrofit, manage project and conduct pre-and post-utility analysis.
  • Develop extensive models using MATLAB and LIM to predict NEPOOL, NYISO, and PJM loads and energy prices.
  • Experience in SalesForce and SketchUp.
  • Specialize in trading the Brent-WTI arbitrage as a speculative outright futures position as well as a hedge against options.
  • Analyze plant and transmission outages to make speculative trading decisions in PJM, MISO, NEISO and ERCOT cash markets.
  • Research and analysis of existing opportunities for market arbitrage.
  • Show more

Energy trader example responsibilities.

  • Manage business, sales, marketing, international negotiation and communication for a commodities business.
  • Automate the trade allocation and reconciliation procedures using VBA programming which is leveraged to systematically detect any trade breaks or discrepancies.
  • Integrate into an existing trading pit on the CBOE, illustrating success in new, challenging work environments.

Renewable energy broker vs energy trader skills

Common renewable energy broker skills
  • Renewable Energy, 40%
  • Salesforce, 6%
  • Hedge Funds, 6%
  • Financial Institutions, 5%
  • Product Packages, 5%
  • Partnerships, 3%
Common energy trader skills
  • Algorithmic Trading, 14%
  • Renewable Energy, 12%
  • Financial Instruments, 11%
  • NERC, 8%
  • ISO, 6%
  • Risk Management System, 6%