Energy broker

What does an energy broker do? – Tasks and work environment

An energy broker acts as an independent intermediary between companies, organizations, and energy companies in the purchase and sale of electricity, gas, or other energy types. Tasks include analyzing the energy market, negotiating contracts, providing advice on energy prices and risk management, and monitoring current prices and trends. The role often involves close customer contact, advanced use of digital analysis tools, and ongoing communication with both buyers and suppliers. The work environment is typically office-based, characterized by a fast pace where rapid market changes and complex contracts require accuracy and quick decision-making.

Salary development over time

Over the past three years, salaries for energy brokers have increased in line with the market's growing complexity and demand for specialized skills. In 2022, the average salary was 39,400 SEK per month, rising to 42 800 SEK in 2023 – an increase of about 8.6%. In 2024, the average salary is 42 200 SEK, which is a slight decrease from the previous year but still a clear increase compared to 2022. This development reflects ongoing strong demand for the profession, but also a stabilization of salary levels after a year of unusually high raises. The market is influenced by factors such as energy price volatility, the need for qualified advice, and increased competition for expertise.

Energy broker salary – comprehensive overview

• Average salary: 42 200 SEK/month
• Lowest salary: 41,600 SEK/month
• Highest salary: 54,400 SEK/month
• Hourly wage (average): 254 SEK
• Women (average): 42,900 SEK/month
• Men (average): 41,600 SEK/month
• Women earn: 103% of what men do
• Regional differences: Vary depending on demand and the structure of the energy market

Education and qualifications

The role of an energy broker generally requires post-secondary education in economics, energy, or engineering, often at college or university level. Practical experience in the energy industry, negotiation, and advising is highly meritorious. Many employers also value certifications or specialized courses in energy markets and contract law. Self-study, networking, and industry-specific trainee programs can also be pathways into the profession.

• Post-secondary education: 3 years or more in energy, economics, or engineering
• Certifications: Courses in energy markets, contract law, or risk management
• Internships: Recommended within energy companies or brokerage firms
• Prerequisites: Strong analytical skills and negotiation experience
• Online courses: Available in energy trading and market analysis

Common benefits and compensations

Typical benefits for energy brokers include performance-based bonuses, national cards or wellness allowances, occupational pension, and opportunities for skills development. Flexible working hours and remote work are often available, especially in larger organizations. Company cars and additional vacation days may be offered depending on the employer and role responsibilities.

Competition and challenges

Competition for roles as an energy broker is significant, especially in metropolitan areas where the energy market is more complex and demand for expertise is high. Challenges mainly involve staying updated on rapid price changes, shifting regulations, and increasing sustainability requirements from clients and authorities. At the same time, the role carries a large responsibility to negotiate favorable terms and minimize risks for clients. The industry’s digitalization and automation are changing the tasks, requiring constant skills development and flexibility.

Tips for those who want to become an energy broker

To succeed as an energy broker, it’s good to have initiative and analytical sharpness, as the market changes quickly and requires fast decisions. Being communicative facilitates negotiations and client meetings, while a strong service mindset helps build long-term relationships. Precision and the ability to handle large data sets are important qualities, as well as an interest in both economics and technology. Actively seeking internships or trainee positions provides valuable industry experience, and ongoing education in energy markets and contracts enhances competitiveness. Networking, both internally and externally, can open doors to new opportunities and collaborations.

Key facts about Energy Brokers

• Education level: Post-secondary education (3 years or more)
• Work environment: Office-based, often with flexible hours
• Typical employment: Permanent employment in the private sector
• Demand: 550 available jobs within the profession according to latest data
• Gender distribution: Women earn on average more than men in the profession

Career paths and future prospects

After three to five years as an energy broker, opportunities open for more specialized roles, such as senior advisor, portfolio manager, or energy analyst within larger companies. Some choose to further their education and move into management positions or start their own consultancy. Forecasts from the Employment Service indicate that the job market for energy brokers is stable, with continued demand for qualified energy sector professionals. Digitalization, sustainability requirements, and increasing market complexity are expected to further increase the need for skilled brokers in the coming years.

Frequently asked questions about Energy Brokers

• What does an energy broker earn?
  - An energy broker has an average salary of 42 200 SEK per month, but salaries vary between 41,600 SEK and 54,400 SEK depending on experience, education, and employer.
• Are there gender differences in salary?
  - Yes, women earn on average 103% of what men do, which corresponds to 42,900 SEK compared to 41,600 SEK for men.
• What education is required to become an energy broker?
  - Post-secondary education in economics, energy, or engineering is recommended, often at college or university level.
• What are the future prospects for energy brokers?
  - The outlook is good with 550 available jobs in the profession and a growing demand for expertise.
• What does an energy broker do in their daily work?
  - Duties include analyzing the energy market, negotiating contracts, providing advice, and monitoring prices and trends.
• What are common benefits for an energy broker?
  - Benefits include bonuses, occupational pension, wellness allowances, and opportunities for remote work.
• What are career options within the profession?
  - After some years, energy brokers can advance to senior roles, become portfolio managers, or take on management positions.