Description
Analyse data influencing the movement of the energy market, and liaise with the important stakeholders in the energy field in order to make accurate predictions and perform the most beneficial actions.
Alternative labels
energy market data analysing
energy market trends analysing
energy market trend analysing
analysing energy market data
analysing energy market trends
Skill type
skill/competence
Skill reusability level
cross-sector
Relationships with occupations
Essential skill
Analyse energy market trends is an essential skill of the following occupations:
Energy trader: Energy traders sell or buy shares of energy, sometimes from different sources. They analyse the energy market and investigate trends in prices to decide when to buy or sell shares and ensure the most profit. They make calculations, and write reports on energy trades procedures, and make predictions on the development of the market.
Commodity broker:
Commodity brokers act as intermediary between buyers and sellers of movable and immovable property such as raw materials, livestock or real estate. They negotiate prices and receive a commission from the transactions. They research market conditions for specific commodities in order to inform their clients. They make bid offers and calculate the cost of transactions.
Power plant manager: Power plant managers supervise operations in power plants which produce and transport energy. They coordinate the production of energy in the plant, and supervise the construction, operation and maintenance of energy transmission and distribution networks and systems.
Energy analyst: Energy analysts evaluate the consumption of energy in buidings owned by consumers and businesses. By analysing existing energy systems, they recommend cost-effective alternatives. Energy analysts suggest efficiency improvements, make business analyses and participate in the development of policies concerning the use of traditional fuels, transportation, and other factors relating to energy consumption.
Optional skill
Analyse energy market trends is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Gas transmission system operator: Gas transmission system operators transport energy in the form of natural gas. They receive natural gas from the production station, transport it through pipelines, ensuring delivery to gas distribution stations.
Electric power generation engineer: Electric power generation engineers design and develop systems which generate electrical power, and develop strategies for the improvement of existing electricity generation systems. They strive to conciliate sustainable solutions with efficient and affordable solutions. They engage in projects where supply of electrical energy is required.
Manufacturing manager: Manufacturing managers plan, oversee and direct the manufacturing process in an organisation. They ensure products and services are efficiently produced within the timeframe and budget given.
Electrical power distributor: Electrical power distributors operate and maintain equipment which deliver the energy from the transmission system to the consumer. They supervise power line maintenance and repairs, and ensure the distribution needs are met. They also react to faults in the distribution system which cause problems such as outages.
Electrical transmission system operator: Electrical transmission system operators transport energy in the form of electrical power. They transmit electrical power from generation plants over an interconnected network, an electrical grid, to electricity distribution stations.
Energy manager: Energy managers coordinate the energy use in an organisation, and aim to implement policies for increased sustainability, and minimisation of cost and environmental impact. They monitor the energy demands
and use, and develop improvement strategies, as well as researching the most beneficial source of energy for the organisation’s needs.
Energy engineer: Energy engineers design new, efficient and clean ways to produce, transform, and distribute energy to improve environmental sustainability and energy efficiency. They extract energy through natural resources, such as oil or gas, or renewable and sustainable sources, such as wind or solar power.Â
Operations manager: Operations managers plan, oversee and coordinate the daily operations of production of goods and provision of services. They also formulate and implement company policies and plan the use of human resources and materials.
References
- Analyse energy market trends – ESCO