Electric power generation, transmission and distribution

NACE code 35.1 covers the generation, transmission, and distribution of electric power, a critical component of modern infrastructure and economic activity. This industry is responsible for ensuring a reliable and sustainable supply of electricity, powering homes, businesses, and essential services across the country. As a key enabler of economic growth and development, the electric power industry plays a vital role in supporting a wide range of other industries and activities described by various 01.1 Crop and animal production, hunting and related service activities, 10.1 Processing and preserving of meat and production of meat products, and 20.1 Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms NACE codes, among others.

The electric power generation, transmission, and distribution industry utilizes a range of production techniques and technologies to convert various energy sources, such as fossil fuels, nuclear power, or renewable sources like wind, solar, and hydropower, into usable electricity. This process typically involves the use of turbines, generators, transformers, and other specialized equipment to generate, transmit, and distribute the electricity through a complex network of power lines and substations to end-users.

The main inputs required for this industry include fuel sources (e.g., coal, natural gas, uranium, or renewable energy sources), power generation equipment (e.g., turbines, generators, transformers), transmission and distribution infrastructure (e.g., power lines, substations), and skilled labor (e.g., engineers, technicians, operators). Additionally, the industry relies on various raw materials, such as metals and other materials, for the construction and maintenance of its infrastructure.

The primary output of the electric power generation, transmission, and distribution industry is the supply of electricity to residential, commercial, and industrial consumers. This electricity is then used as an input for a wide range of other industries, including 10.1 Processing and preserving of meat and production of meat products, 20.1 Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms, and 41.2 Construction of residential and non-residential buildings, among others. The industry also generates revenue through the sale of electricity to its customers.