Production of electricity

NACE code 35.11 covers the production of electricity, a critical component of modern society and a key driver of economic activity. Electricity is essential for powering homes, businesses, and industries, enabling the functioning of a wide range of technologies and devices that have become integral to our daily lives. The electricity generation industry plays a vital role in supporting economic growth and development across numerous 10.00 Manufacture of food products, 20.00 Manufacture of chemicals and chemical products, and 28.00 Manufacture of machinery and equipment n.e.c. sectors.

Electricity is primarily generated through the conversion of various energy sources, such as fossil fuels (coal, natural gas, and oil), nuclear energy, and renewable sources (hydropower, wind, solar, and geothermal). The specific production techniques used depend on the type of power plant, with thermal power plants, nuclear power plants, and renewable energy facilities employing different methods to generate electricity. Regardless of the source, the general process involves converting the primary energy into mechanical energy, which is then used to drive generators that produce electricity.

The electricity generation industry requires a range of inputs, including fuel sources (e.g., coal, natural gas, uranium), water for cooling and steam generation, and various materials for the construction and maintenance of power plants and transmission infrastructure. Additionally, the industry relies on specialized equipment, such as turbines, generators, transformers, and control systems, as well as a skilled workforce to operate and maintain the production facilities.

The primary output of the electricity generation industry is, of course, electricity. This electricity is then distributed through transmission and distribution networks to end-users, including households, commercial establishments, and industrial facilities. The electricity generated by this industry is a critical input for a wide range of other economic activities, such as 25.00 Manufacture of fabricated metal products, except machinery and equipment, 27.00 Manufacture of electrical equipment, and 49.00 Land transport and transport via pipelines.