Energy trading is becoming more complex, more technology-enabled and more interconnected.
As the market changes, so do the capabilities firms need from their people.
The 2026 Energy Trading Annual Industry Report, recently published by Commodities People, points to several forces reshaping the sector:
- Geopolitical disruption
- More complex portfolios
- Evolving regulation
- Real-time markets
- Rapid investment in AI, automation and data
Taken together, these shifts have clear implications for energy trading talent. They are changing which capabilities are most valuable, where skills shortages are likely to emerge, and the types of people trading organisations will need to hire and develop.
Complexity is changing what good looks like
Energy trading professionals are having to navigate geopolitical risk, policy uncertainty, volatility and structural market change at the same time. Meanwhile, portfolios themselves are becoming more complicated, with greater exposure to renewables, storage, PPAs and increasingly granular power markets.
That places greater value on people who can see beyond their immediate area of expertise. A development in the physical market may quickly have consequences for risk, regulation, technology or wider business performance, so understanding those connections is becoming increasingly important.
For employers, experience in a particular market or technical specialism may not be enough on its own. Firms are also looking for people who can apply judgement, challenge assumptions, make decisions with incomplete information and adapt as market structures and operating models change.
AI is changing where human value sits
AI and automation are already taking on more routine analysis, documentation and workflow activity. This is changing the role people play within those processes, rather than removing the need for them.
Commercial decisions still need oversight. Outputs need to be challenged, exceptions understood and results considered in the context of what is happening in the market. As a result, roles centred mainly on processing information may become less important, while demand grows for people who can interpret outputs, question them and decide what action to take.
AI capability will therefore involve more than familiarity with the latest tools, and energy trading firms will increasingly value people who can combine technology fluency with market knowledge, critical thinking and sound commercial judgement.
Greater use of AI and quantitative tools is also increasing the need for effective governance. That can require a combination of skills that has traditionally been spread across different teams: an understanding of model development and validation, an appreciation of risk and compliance, and enough commercial knowledge to understand how a tool is being used within the business.
This could create stronger demand for a relatively small pool of:
- AI model-risk specialists
- Quantitative validators
- Data-governance experts
- Commercially fluent technology leaders
These are not straightforward profiles to find. The strongest candidates often have experience spanning several functions rather than following a conventional path within one discipline. For organisations building these capabilities, the challenge will be identifying people with genuine cross-functional experience rather than simply matching a list of technical requirements.
Specialist search can be particularly useful here. Many of the relevant candidates may not be actively looking, and assessing them properly requires an understanding of both the technical brief and the commercial environment in which the role will operate.
Data literacy is becoming a commercial capability
The quality and accessibility of data is becoming increasingly important to commercial teams, particularly as decision-making becomes faster and more technology-led.
Fragmented ownership, inconsistent quality or limitations in underlying systems can affect how quickly and confidently teams are able to act. That becomes more significant as trading moves closer to real time and AI is used more extensively across commercial processes.
Traders, risk professionals and operations leaders will therefore need a better understanding of where their data comes from, how reliable it is and how it is being translated into an output or decision.
At the same time, data professionals with a strong understanding of commodity markets are likely to become more valuable. Firms will increasingly need people who can move comfortably between technical detail and commercial context.
As a result, the distinction between technical and commercial talent is likely to become less clear-cut.
Cross-functional experience will carry a premium in energy trading
Modern energy trading businesses rely on close interaction between commercial, risk, operations, finance and technology teams. As those functions become more interdependent, people who understand how their decisions affect other parts of the organisation become increasingly valuable.
This is likely to increase demand for so-called “T-shaped” professionals: people with genuine depth in one area, but enough knowledge of adjacent functions to work effectively across organisational boundaries.
Some of that capability can be developed internally. Rotations between trading, risk, operations, analytics and technology can give high-potential employees a broader understanding of how the commercial organisation fits together.
In other cases, firms will need to hire that experience from outside. Candidates who have worked across functions, markets or major transformation programmes can bring a perspective that would otherwise take years to build internally.
Adaptability may matter most
The pace of change across energy trading means technical expertise alone is unlikely to be enough.
Firms cannot assume that the skills they need today will look exactly the same in three or five years. Hiring decisions therefore need to take into account how people learn, adapt and respond to change, as well as what they already know.
Curiosity, judgement, ownership and the ability to work across disciplines are becoming increasingly important alongside technical competence.
Much of the discussion around the energy transition focuses on assets, infrastructure and technology, but these changes are also reshaping the workforce behind them.
The firms best positioned for the next phase of energy trading will be those that can attract and develop people who understand markets, technology and data, can make sound commercial decisions, and can continue adapting as the sector evolves.
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For a conversation about your organisation’s talent requirements, please don’t hesitate to get in touch.