Wholesale Energy Trading & Marketing Industry Overview

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Industry Description

Companies that buy and sell wholesale electricity, natural gas, and other energy commodities in deregulated markets.

Industry Trends

Consolidation

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.

Industry Competitors

Industry Codes

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:

NAICS
NAICS Title
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Commodity Contracts Dealing
Commodity Contracts Brokerage

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Wholesale Energy Trading & Marketing industry.

Indicator
Total
NAICS Codes
4
Establishments
5,645
Sales, receipts or shipments ($1,000)
$118,960,953
Annual Payroll ($1,000)
$3,381,334
Paid Employees
57,333

Industry People



Industry Jobs

Growing Energy company - Baltimore.MD
From TheLadders.com
Global Firm - Houston.TX
From TheLadders.com
Confidential - .MA
From EnergyCentralJobs.com