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Energy Accounts for Denmark

The energy accounts show how energy enters and is used within the Danish economy. They present flows of energy products according to the divisions and scope of national accounts. Flows include supply from production, extraction or imports and use in the form of consumption, exports and stock changes. Energy consumption in the the energy accounts is fully comparable with the description of the economic activity as described in the national accounts. In 1974, the first energy accounts for Denmark were made for the years back to 1966.

Statistical presentation

The energy accounts account for 46 different energy commodities. The energy accounts are made up in specific physical quantities (tonnes, m3, GWh), energy units (joule) and gross energy consumption. The energy account is published in newsletters (Nyt) and in the statistical database.

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Statistical processing

Energy accounts are compiled using a method of product balancing. Supply and use of each energy product are compiled in a way to ensure their equality and are balanced by utilizing all the relevant information from the available sources.

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Relevance

The energy accounts are used by ministries, governmental agencies and organizations as a part of the surveillance of measures in the field of energy policy. Within Statistics Denmark, the energy accounts are used as basis for the supply use tables of the national accounts and as basis for the compilation of the air emissions accounts. The energy accounts are furthermore used as basis for input-output model based analyses.

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Accuracy and reliability

Precision and reliability are estimated to be great for the overall energy consumption thanks to energy statistics from the Danish Energy Agency as well as statistics on production and foreign trade with energy products. The precision of the distribution of energy use by industry is estimated to be less accurate.

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Timeliness and punctuality

The statistics is published anually approx. 6 months after the reference period. However, on the most detailed level the energy accounts are published approx. 18 months after the reference period. The first publication 6 months after the reference period includes only data aggregated on 36 industry groups. The statistics is normally published without delays on the announced date.

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Comparability

The energy accounts are available in a comparable form back to 1966, which allows for consistent time series analysis. The energy accounts were revised for all year with the publication on 20 November 2013. The main focus of the revision was to ensure comparability and consistency over time. The statistics follow international standards and are thus largely comparable with similar statistics from other countries.

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Accessibility and clarity

Statistics are published in a Danish press release Nyt fra Danmarks Statistik. In StatBank Denmark under the theme Energi- og emissionsregnskaber. More information is found at the theme page for energy and emission accounts.

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