Definition of Energy-weighted industrial output

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Energy-weighted industrial output

The term 'Energy-weighted industrial output' as it applies to the area of energy can be defined as ' The weighted sum of real output for all two-digit Standard Industrial Classification(SIC) manufacturing industries plus agriculture, construction, and mining. The weight for each industry is the ratio between the quantity of end-use energy consumption to the value of real output'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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