Trade of electricity

NACE code 35.14 covers the trade of electricity, a critical component of modern economies and societies. This industry is responsible for the distribution and sale of electricity generated from various sources, including fossil fuels, nuclear power, and renewable energy. The trade of electricity is essential for powering homes, businesses, and industrial facilities, enabling the functioning of essential services and supporting economic growth across diverse sectors.

The trade of electricity involves the purchase of electricity from 35.11 Electricity generation and 35.12 Transmission of electricity providers, and the subsequent distribution and sale of this electricity to end-users. This process typically involves the use of transmission and distribution networks, as well as various trading platforms and market mechanisms to facilitate the efficient exchange of electricity.

The main inputs required for the trade of electricity include the electricity itself, which is sourced from electricity generation and transmission providers. Additionally, this industry relies on infrastructure such as power lines, transformers, and substations to facilitate the distribution of electricity. Specialized software and trading platforms are also essential for managing the complex logistics and pricing of electricity transactions.

The primary output of the trade of electricity industry is the delivery of electricity to end-users, including households, businesses, and industrial facilities. The electricity traded in this industry is then consumed by a wide range of other NACE codes, such as 41.10 Development of building projects, 43.21 Electrical installation, and 46.51 Wholesale of computers, computer peripheral equipment and software.