Wholesale trade services on a fee or contract basis, of electricity
CPC v2.1 Code: 61297
About wholesale trade services on a fee or contract basis, of electricity
cpc code 61297 covers the wholesale trade services on a fee or contract basis for electricity. This industry plays a crucial role in the broader energy sector, facilitating the distribution and supply of electricity to various end-users, including commercial, industrial, and residential consumers. As a key intermediary, the wholesale electricity trade industry enables the efficient flow of this essential commodity, contributing to the overall functioning of the economy.
Production process
The wholesale trade of electricity on a fee or contract basis involves the negotiation of contracts between electricity generators, transmission system operators, and wholesale buyers. This process typically includes the management of electricity supply and demand, the coordination of grid operations, and the facilitation of price discovery through market mechanisms such as spot markets and forward contracts.
Production inputs
The main inputs required for the wholesale trade of electricity include access to electricity generation sources, transmission and distribution infrastructure, market data and analysis tools, and a skilled workforce capable of navigating the complex regulatory and commercial landscape of the energy industry. Wholesale traders also rely on advanced information and communication technologies to facilitate real-time trading and risk management.
Production outputs
The primary output of the wholesale electricity trade industry is the delivery of electricity to various consumers, including 22111 Electric power generation, 22112 Electric power transmission and distribution, and 22113 Electric power distribution. The industry also generates revenue through the fees and commissions charged for its brokerage and intermediary services.
Family tree for wholesale trade services on a fee or contract basis, of electricity
graph LR
A["<a href='/classifications/cpc/v2-1/6'>6: Distributive trade services; accommodation, food and beverage serving services; transport services; and electricity, gas and water distribution services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/61'>61: Wholesale trade services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/612'>612: Wholesale trade services on a fee or contract basis</a>"]
C --> D["<a href='/classifications/cpc/v2-1/6129'>6129: Wholesale trade services on a fee or contract basis, of other products</a>"]
D --> E["<a href='/classifications/cpc/v2-1/61297'>61297: Wholesale trade services on a fee or contract basis, of electricity</a>"]
D --> F["<a href='/classifications/cpc/v2-1/61291'>61291: Wholesale trade services on a fee or contract basis, of solid, liquid and gaseous fuels and related products</a>"]
D --> G["<a href='/classifications/cpc/v2-1/61292'>61292: Wholesale trade services on a fee or contract basis, of metal ores and metal in primary forms</a>"]
D --> H["<a href='/classifications/cpc/v2-1/61293'>61293: Wholesale trade services on a fee or contract basis, of wood in the rough</a>"]
D --> I["<a href='/classifications/cpc/v2-1/61294'>61294: Wholesale trade services on a fee or contract basis, of paper and paperboard</a>"]
D --> J["<a href='/classifications/cpc/v2-1/61295'>61295: Wholesale trade services on a fee or contract basis, of waste and scrap and materials for recycling</a>"]
D --> K["<a href='/classifications/cpc/v2-1/61298'>61298: Wholesale trade services on a fee or contract basis, of water</a>"]
D --> L["<a href='/classifications/cpc/v2-1/61299'>61299: Wholesale trade services on a fee or contract basis, of non-metallic minerals and other products n.e.c.</a>"]
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