Sustainability in the Industry

Energy Production and Trade

Impacts, Risks and Opportunities

Sustainability in Energy Production and Trade

The energy transition is changing the energy system: In addition to central producers and traders, decentralized energy producers and individual prosumers are entering the system. For example, you can generate, store and sell energy independently through citizen energy cooperatives. By ensuring that large energy supply companies, municipal utilities and energy cooperatives all provide green energy, the decarbonization of energy production is being promoted together.

The increasingly extensive interconnections in energy supply are giving rise to new business models, e.g. long-term electricity purchase agreements (PPA) between producers and industrial customers. Systems that are not or no longer subsidized can continue to be operated profitably while the customer purchases the electricity at fixed prices agreed in advance.
The major challenges include standardization in the development of green energy products (e.g. in the combination of electricity and gas combined with proof of origin from renewable sources) and the transformation of one’s own actions. Other topics include species and environmental protection when planning the location of new wind turbines, open-field solar parks or hydroelectric power plants. Future-oriented concepts for citizen participation, e.g. the participation of tenants in generation systems in city districts, can make the industry more sustainable.

The industry includes, for example, electricity generation, heating and cooling supply via heat pumps, steam supply and electricity and gas trading via specialized or integrated companies.

Industry Materiality

Key Fields and Topics in the Industry 

 

Sustainability is different by industry. Learn key material filed and topics in Energy Production and Trade.

 

Climate

Climate protection

Climate

Climate adaptation

Resources

Water

Society

End-consumers

EU NACE Classification 

Industry NACE Classes

Unsure if the industry is the right one? A comparison with the EU’s granular NACE classification Rev. 2.1 provides clarity.

Included NACE classes in the industry

D 35.1 Electric power generation, transmission and distribution
D 35.11 Production of electricity from non-renewable sources
D 35.12 Production of electricity from renewable sources
D 35.15 Trade of electricity
D 35.2 Manufacture of gas, and distribution of gaseous fuels through mains
D 35.21 Manufacture of gas
D 35.3 Steam and air conditioning supply
D 35.30 Steam and air conditioning supply
D 35.4 Activities of brokers and agents for electric power and natural gas
D 35.40 Activities of brokers and agents for electric power and natural gas

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