Power & Gas Bonus
Does anybody know how the bonus structure differs in a Utility vs a Supermajor (BP/Shell) on an energy trading desk?
Does anybody know how the bonus structure differs in a Utility vs a Supermajor (BP/Shell) on an energy trading desk?
Career Resources
Utilities pay well less is all I know. They are more forgiving if you mess up though
A lot depending on what you mean by utility vs. supermajor. There's guys at COMED (fully regulated owned by Exelon), Constellation (marketer owned by Exelon), NRG (competitive retailer/marketer), FPL (regulated owned by NextEra), NextEra Energy (competitive arm). Not to mentioned the bp/shell/Vitol/Trafi/Freepoint/etc. guys. I suppose the most generic answer to your question comes down to level a risk allowed: more risk -> more pay. Risk levels are roughly (though can vary widely by shop): regulated utility un-regulated arm of utility competitive retailer competitive wholesale marketer/trader. Somewhere on that spectrum is also IPPs but that varies widely mostly based upon ownership structure, size, asset type, asset financing arrangements.
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