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Companies that buy and sell wholesale electricity, natural gas, and other energy commodities in deregulated markets.
Full Wholesale Energy Trading & Marketing Industry Description
The largest investor-owned utilities (IOUs) have gained significant market share over the past 15 years, mainly due to consolidation. The 10 largest IOUs own more than 50 percent of total IOU generation capacity. The application of "best practices" encourages consolidation, as does the need for large financial resources to fund more efficient generating capacity.
Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Wholesale Energy Trading & Marketing maps to a number of NAICS codes including:
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Wholesale Energy Trading & Marketing industry.
Full Wholesale Energy Trading & Marketing Industry Financials
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