The energy cost of goods and services

Abstract

First developed for economic analysis, static linear input-output analysis has been adapted to deal with energy. This paper uses as a data-base the 1967 results of the input-output analysis of the US economy carried out every five years by the US Department of Commerce. In the 357 sector breakdown of the US economy there are five energy sectors, coal, crude oil and gas wells, refined petroleum, electricity and gas utilities. The model is used to determine the primary energy inputs to all sectors, taking account of the fact that energy is sold at different prices to different customers. Possible uncertainties in the model and updating methods are discussed.