Energy Risk Professional™

The Energy Risk Professional (ERP®) Exam is the first and only professional designation for energy risk. It is designed to measure a candidate's knowledge of the major energy markets and gauge their ability to manage the physical and financial risks inherent in the complex world of energy. It provides a comprehensive overview of all major energy markets, including the upstream and downstream processes associated with each, the trading and structuring of diverse energy commodities and the identification, measurement and management of key physical and financial risks.

Exam Details

Time Limit: 8 hours in two 4-hour sessions
Cost: Varies
Number of Questions: 160
Format: Multiple Choice
Prerequisites: None
Corequisites: None
Exam Date(s): May and November
Exam Results: Usually provided within 60 days
Official Exam Website: http://www.garp.org/erp/


Exam Topic Weights

The ERP curriculum covers the following:

Physical Energy Markets - Total weight 40%
  • Petroleum - 15%
  • Gas - 10%
  • Electricity Production and Distribution - 10%
  • Renewables and Carbon Emissions - 5%
Financial Markets - Total weight - 50%
  • Financial Products and Valuation - 20%
  • Modeling and Valuing Energy Transactions - 15%
  • Risk Management Techniques - 15%
Current Issues in Energy - Total weight - 10%

ERP Exam Topic Weights By Section


Financial Professionals
  1. Career / Compensation

    Top 7 Non-Financial Skills Required in Finance

  2. Budgeting & Savings

    The Psychology Behind Why People Buy Luxury Goods

  3. Retirement Savings

    Securing Your Future

  4. Bonds / Fixed Income

    An Introduction to Convertible Bonds

  5. Insights

    Fears of Another Recession are Unfounded

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