Trader Real Time Power salary in Latvia

Average Yearly Salary of Trader Real Time Power in Latvia is approximately 31,281 EUR (31,371 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Trader Real Time Power do?

A real-time power trader is responsible for buying and selling electricity in the energy markets. They analyze market conditions, monitor supply and demand dynamics, and make quick decisions to maximize profits. These professionals work closely with power generation companies, utilities, and other market participants to ensure an efficient and reliable supply of electricity. Real-time power traders use sophisticated trading platforms and tools to execute trades and manage risk. They closely follow market trends, weather patterns, and regulatory changes that can impact power prices. They utilize mathematical models and statistical analysis to forecast price movements and optimize trading strategies. Key skills for a real-time power trader include strong analytical abilities, decision-making skills, and the ability to work well under pressure. They must have a deep understanding of energy markets, risk management techniques, and financial instruments used in electricity trading.

Skills: real-time power trader, electricity trading, energy markets, risk management, market analysis, decision-making.
Job industry: Energy

How much does Trader Real Time Power make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Trader Real Time Power a well paid job?

Yes, our data shows that Trader Real Time Power is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Trader Real Time Power?

High salary for Trader Real Time Power would be somewhere between 34,409 EUR and 45,357 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Trader Real Time Power in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 31,281 EUR
Estimated Monthly Salary: 2,607 EUR
Estimated Weekly Salary: 602 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Trader Real Time Power a person can save up to 1,754 USD per month or 21,051 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Trader Real Time Power

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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