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Renewable energy

 Issue Description

Renewable energy has become increasingly important. The SEEA-2003 did not include renewable energy. Because of the high policy relevance, it is important that a classification of renewable energy is developed. Furthermore, the recording of renewable energy in the physical and monetary flow accounts should be addressed. Some have also argued that renewable energy should also be included in the asset accounts, whereby the stock is represented by the potential of renewable energy that is expected to be extracted depending on the technology. Should the asset classification and asset accounts be expanded to include renewable energy? Should the stock of renewable energy be valued? If yes, how?

 Issue Papers and Corresponding Minutes of Meetings
Issue Papers: Minutes of Corresponding Meetings:
2/19/2010Discussion paper on the valuation of renewable energy resources 2/19/2010Report of the 15th meeting of the London Group on Environmental Accounting
2/19/2010Renewable energy resources in the SEEA 2/19/2010Report of the 14th meeting of the London Group on Environmental Accounting

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