Creating electricity satellite accounts

Connolly, Kevin and Allan, Grant J. and McIntyre, Stuart G. (2017) Creating electricity satellite accounts. In: 40th IAEE International Conference, 2017-06-18 - 2017-06-21, Singapore.

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Abstract

Currently there is a significant amount of work being put into reconciling models of the economy with models of the physical generation and transmission of electricity. Yet, there is a fundamental challenge which has not been addressed to date, and that is better capturing the electricity sector within the economic system of national accounts (SNAs). Generally in the SNA framework the electricity sector has been represented by a single aggregate sector representing generation, distribution, transmission and supply. In this paper, we set out the principals and construction of an electricity satellite account (ElSA) in which we improve the resolution of the electricity sector. We implement our suggested approach using data for Scotland, a good case study given that it has a diverse mix of generation technologies, detailed electricity statistics and formal set of economic accounts. Additionally, it is also part of a larger (Great Britain) electricity grid which has interesting aspects for the (interregional) trade in electricity. These accounts could be created for almost any nation or region in a standardised manner, given the availability of similar data.

ORCID iDs

Connolly, Kevin ORCID logoORCID: https://orcid.org/0000-0003-2333-2211, Allan, Grant J. ORCID logoORCID: https://orcid.org/0000-0002-1404-2768 and McIntyre, Stuart G. ORCID logoORCID: https://orcid.org/0000-0002-0640-7544;
  • Item type:Conference or Workshop Item(Paper)
    ID code:68624
    Dates:
    Date
    Event
    13 April 2017
    Published
    Subjects:Social Sciences
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:27 Jun 2019 11:51
    Last modified:11 Nov 2024 16:58
    URI:https://strathprints.strath.ac.uk/id/eprint/68624
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