ERP (Energy Risk Professional)
The only globally recognized energy-risk credential; relevant at trading firms (Vitol, Trafigura, Glencore), integrated majors (Shell, BP trading desks), and US ISOs/RTOs.
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Visit Official Site →Founded
2009
HQ
Jersey City, NJ, USA
Target Audience
Risk professionals at energy commodity trading firms, integrated energy majors, utilities, and regulators focused on power, oil, gas, and renewables markets.
Key Features
- Two parts: Part I (80 MCQ, 4 hours) — physical energy markets, fundamentals; Part II (60 MCQ, 4 hours) — financial trading, risk management, modeling
- Exam offered twice per year (May, November)
- Curriculum covers oil, natural gas, coal, electric power, renewables, carbon markets, derivatives, risk management
- Pass rates: Part I ~55-60%, Part II ~50-55%
- Required 2 years of qualifying energy or risk work experience for designation
- ~3,500+ active ERP holders globally
How to Get This Certification
Prerequisites
No degree required to sit for exams. 2 years of qualifying energy-industry or risk-management work experience for ERP designation.
Why Get Certified — ROI
Salary Impact
Energy-trading desk roles in the US typically pay $150,000-$350,000+ total compensation; ERP designation is one of several signals at junior-to-mid levels but rarely a primary hiring filter.
Career Benefits
- What makes this stand out
- The only globally recognized energy-risk credential; relevant at trading firms (Vitol, Trafigura, Glencore), integrated majors (Shell, BP trading desks), and US ISOs/RTOs.
- Industry recognition
- GARP proprietary.
Who Should Get This Certification
Ideal for:
- Risk professionals at energy commodity trading firms
- integrated energy majors
- utilities
- and regulators focused on power
- oil
- gas
- and renewables markets.
Consider alternatives if:
- Very niche — irrelevant outside energy/commodity sectors
- Energy trading is a relatively small employment market in the US (concentrated in Houston, Calgary, NYC)
Pricing
Pricing varies.
Weaknesses
- Very niche — irrelevant outside energy/commodity sectors
- Energy trading is a relatively small employment market in the US (concentrated in Houston, Calgary, NYC)
- GARP has signaled diminishing investment in ERP relative to flagship FRM; long-term institutional support is uncertain
- Limited US-specific salary data
Markets Served
Global
Disclosure: This page contains affiliate links.
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