Developing an electricity satellite account (EISA): an application to Scotland, UK

Grant Allan, Kevin Connolly () and Stuart McIntyre
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Kevin Connolly: Department of Economics, University of Strathclyde

No 1909, Working Papers from University of Strathclyde Business School, Department of Economics

Abstract: Within the system of national accounts the electricity sector is typically reported as a single entry representing generation, transmission, distribution and trade. The way in which these components interact with the economy differs greatly, a feature lost within the standard accounting framework. In this paper we propose an Electricity Satellite Account (ElSA) approach to better understand the linkages between the economy and the electricity sector, with a particularly focus on generation technologies. To develop this framework, we draw parallels to Tourism Satellite Accounts (TSAs). To illustrate the practical steps in constructing ElSAs, we develop an ElSA for Scotland for 2012. We show how the ELSA framework gives an improved understanding of the electricity sector, which is critical in improving the usefulness of such accounts future climate and energy, as well as economic, policy.

JEL-codes: Q22 Q31 Q56 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2019-08
New Economics Papers: this item is included in nep-ene
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Citations: View citations in EconPapers (1)

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Journal Article: Developing an electricity satellite account (ELSA): an application to Scotland, UK (2021)
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