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SEEA - energy – some general remarks

SEEA - energy – some general remarks. Intended audience : Compilers at statistical offices , etc. F or new- comers – not only for experts in national accounts end energy statistics

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SEEA - energy – some general remarks

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  1. SEEA-energy – some general remarks Intendedaudience: • Compilers at statisticaloffices, etc. • For new-comers– not only for experts in national accounts end energystatistics • Shouldstand on itsownfeets, i.e. not necessary to know SEEA, SNA or IRES to understand and use the text • The individualchaptersshould to someextentbeindependent of the otherchapters (i.e. some repetition is involved) • Style is different from SEEA

  2. General remarks • ElaborateSEEA with regard to energy and gather from SEEA and SEEA all issuesrelated to energy • Aims at beingconsistent with SNA2008, SEEA and Ires to the extentpossible • However air emissions and otherresiduals from energyproduction and useare not included • Assets and flows - Physical and monetary • Describe, accounts, concepts and methods in energyaccounting

  3. General remarks • Existingdraft is verybroad with a large number of accounts/tables – so far norecommendedtables/minimum requirements • Chapter 3-6 focus on the fullaccounts/tables – not on individualaggregates and indicators • SEEA-E is not intended to be a compilers manual - but for someissues it is close to being it (e.g. the net present valuemethod, NPV)

  4. Not yetfullyelaborated • Should give an introduction to SEEA-E and an overview of the publication • Give background and explain the relevance and valueadded of accounting for energy • Explain the role of SEEA-E within the suite of publications (SNA, SEEA, IRES, ESCM, SEEA-water, etc.) Chapter1 - Introduction to SEEA-E

  5. Chapter 2 – The SEEA-E Framework • Not yetfullyelaborated • Description of overall links and flows of energyinto, trough and out of the economy • General concepts, boundaries, definitions, classifications, terminologyusedthroughout SEEA-E • Sometextcanprobablybemoved from otherchapters to chapter 2 (wouldin some cases help to avoidrepetitions)

  6. Chapter3 Physical asset accounts • Definesthe scope of physical asset accounts • Includes in principle all energyresources • But - althoughrenewableenergyresourcesare assets, theyare not included for practical reasons • Classifications– by type and by characteristics • Asset accounts for energyresources and for energy products (inventories) • Expanationof what the eachitem of the accountsmeans

  7. Chapter 3

  8. Chapter 4 Monetaryasset accounts • The items of the monetary asset accountsare in principlealreadyincluded in the SNA 2008 – howeverseldom/never in practice • This chaptershouldbeusefulalso for national accountants • The chapteraims at givingpreciseadvice on what the accountsshould look like, and howtheyshouldbe set up • Puts a marketvalue on the physicalaccounts in chapter 3 • Detaileddescription of the NPV method for valuingbothstocks and the changes in stocks • Gives a detaileddescription of the link to the SNA 2008

  9. Chapter 4

  10. Main principle: Physical flow accounts = PSUT for energy So far simplified PSUT have beenused – nofull balance of inputs and outputs shown Explicitcorrespondence to the monetaryaccounts –corresponding flows + additional flows (naturalresources, waste, losses) SEEA conceptsexplained: Resources, products, residuals, - however, more ”common”/pragmatic terms and subdivisions areused in the tables (e.g.lossesinstead of residuals) Chapter 5 Physicalflow accounts

  11. Three sets of tables • 1) Standard PSUTs – bothnatural units (tonnes, etc. and Joules) • 2) Energy use by purpose (Transport, heating, others (processes), and non-energyuse) • 3) From primary products and imports throughconversion to end use • + Bridge tables for supply and use

  12. National accountsSUTs for energy Full correspondence to part of the physicalSUTs Supply and usetables at basic and purchasersprices The chapterincludesexplanation of the SNA 2008 concepts (priceconcepts, taxes, transfers, etc.) SNA 2008 accounts for production, income generation and distribution for activitiesrelated to energy Chapter 6 Monetary and hybrid flow accounts

  13. DepletionadjustedaccountsfollowingSEEA • Transfers (taxes, subsidies, royalties, etc.) related to energy • Accounts for environmentalexpentures and ressource management expendituresrelatedto energy

  14. Aims to show howselected information from the accountscanbepresented in order to communicate the information to users Categorised under headlines, whichshouldbe policy relevant, but the text is deliberately not focusing on specific policy issues as such. Focus on presentation by figures and as time series with short comments on what the figures show It is in thischapterthatthe mainfocus on aggergates and indicators is presented All figuresarebased on the data shown in the accounts in the precedingchapters in order to ensurefullconsistencythroughout the document and facilitate an understanding of the links. All figuresinclude a reference to the accountswere data comes from. However, in some cases the examplesincluderesults from IO-modeling, which is by now more or less standard uses of the accountscarried out by the statisticaloffices Chapter 7 Presentation and use of the accounts

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