4604.0 - Energy Account, Australia, 2014-15 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 23/02/2017   
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ENERGY HYBRID ACCOUNTS

OVERVIEW

Hybrid supply-use tables combine EAA gross physical supply-use information with monetary information from National Accounts Input-Output tables. These sets of information fit together because they both measure supply and use on a transactional basis with sufficient product detail to allow direct comparison. Hybrid energy tables allow for simultaneous analysis of physical and monetary energy flows.


ENERGY SUPPLY

In physical terms, the supply of black coal increased by 9% (1,017 PJ) in 2013-14. However, the value of this supply only increased by 2% ($642 million) due to continued weakness in the price of black coal.

Imports of crude oil and petroleum products (petrol, diesel and other refined fuels) were valued at $18 billion and $20 billion respectively in 2013-14. Together these two products comprised 96% ($38 billion) of the value of all energy products imported into Australia in 2013-14.


ENERGY USE

Between 2012-13 and 2013-14, the value of electricity consumed by households increased by 5% ($831 million), while the volume of electricity consumed by households decreased by 2% (4 PJ) over this same period. Between 2008-09 and 2013-14, the value of electricity consumed by households increased by 69% ($6,603 million), while the volume of electricity consumed by households decreased by 6% (12 PJ) over this same period. Between 2012-13 and 2013-14, the value of electricity consumed by households increased by 5% ($831 million), while the volume of electricity consumed by households decreased by 2% (4 PJ) over this same period.

In 2013-14, black coal use (including exports) was valued at $43 billion, making it the most valuable contributor (19%) to total use of selected energy products. Exports of black coal contributed $40 billion to this figure, representing 55% of the total value of Australian exports of energy products. Between 2012-13 and 2013-14, the volume of black coal exported increased by 12% (1,111 PJ) while the value of these exports only increased by 3% ($1.2 billion).