Creating electricity satellite accounts

Research output: Contribution to conferencePaper

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.
LanguageEnglish
Number of pages21
Publication statusPublished - 13 Apr 2017
Event40th IAEE International Conference - Singapore, Singapore
Duration: 18 Jun 201721 Jun 2017

Conference

Conference40th IAEE International Conference
CountrySingapore
CitySingapore
Period18/06/1721/06/17

Fingerprint

Electricity
Electricity sector
System of national accounts
Economics
Grid
Interregional trade
Statistics
Economic systems
Scotland

Keywords

  • electricity
  • economy
  • SNA
  • electricity satellite accounts

Cite this

Connolly, K., Allan, G. J., & McIntyre, S. G. (2017). Creating electricity satellite accounts. Paper presented at 40th IAEE International Conference, Singapore, Singapore.
Connolly, Kevin ; Allan, Grant J. ; McIntyre, Stuart G. / Creating electricity satellite accounts. Paper presented at 40th IAEE International Conference, Singapore, Singapore.21 p.
@conference{eb145c5f5363456dabacbc2a6b81b1bf,
title = "Creating electricity satellite accounts",
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.",
keywords = "electricity, economy, SNA, electricity satellite accounts",
author = "Kevin Connolly and Allan, {Grant J.} and McIntyre, {Stuart G.}",
year = "2017",
month = "4",
day = "13",
language = "English",
note = "40th IAEE International Conference ; Conference date: 18-06-2017 Through 21-06-2017",

}

Connolly, K, Allan, GJ & McIntyre, SG 2017, 'Creating electricity satellite accounts' Paper presented at 40th IAEE International Conference, Singapore, Singapore, 18/06/17 - 21/06/17, .

Creating electricity satellite accounts. / Connolly, Kevin; Allan, Grant J.; McIntyre, Stuart G.

2017. Paper presented at 40th IAEE International Conference, Singapore, Singapore.

Research output: Contribution to conferencePaper

TY - CONF

T1 - Creating electricity satellite accounts

AU - Connolly, Kevin

AU - Allan, Grant J.

AU - McIntyre, Stuart G.

PY - 2017/4/13

Y1 - 2017/4/13

N2 - 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.

AB - 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.

KW - electricity

KW - economy

KW - SNA

KW - electricity satellite accounts

M3 - Paper

ER -

Connolly K, Allan GJ, McIntyre SG. Creating electricity satellite accounts. 2017. Paper presented at 40th IAEE International Conference, Singapore, Singapore.