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. Further detail on hybrid supply-use tables is contained in the Explanatory Notes.
ENERGY SUPPLY
In physical terms, the supply of black coal increased by 4% (481 PJ) in 2014-15. However, the value of this supply actually decreased by 5% ($2 billion) 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 $12 billion and $19 billion respectively in 2014-15. Together these two products comprised 95% ($31 billion) of the value of all energy products imported into Australia during the year.
ENERGY USE
Between 2013-14 and 2014-15, the value of electricity consumed by households decreased by 3% ($527 million), while the volume of electricity consumed by households increased by 2% (5 PJ) over this same period.
In 2014-15, black coal use (including exports) was valued at $40 billion, making it the most valuable contributor (20%) to total use of selected energy products. Exports of black coal contributed $38 billion to this figure, representing 59% of the total value of Australian exports of energy products. Between 2013-14 and 2014-15, the volume of black coal exported increased by 5% (485 PJ) while the value of these exports decreased by 5% ($2 billion).
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