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Enerdata contributes to the review of the Standard International Energy Product Classification (SIEC V2.0)

Enerdata is actively participating in the consultation on the draft revision of the Standard International Energy Product Classification (SIEC, version 2.0.) led by the United Nations Statistics Division (UNSD).

In this context, Enerdata welcomes two major proposed developments for this update:

  • The inclusion of new energy products, with dedicated sections for cold/cooling, hydrogen, and synthetic or derived fuels;
  • An increased level of detail for solid and liquid biofuels, gas, electricity, and heat.

The introduction of these new energy vectors and products into national energy trends will facilitate the monitoring of global energy system transformations—a major challenge for the energy transition.

In its response to the consultation, Enerdata emphasised the importance of finer reporting granularity to better monitor the global development of electrification at national level. To achieve this, the classification would benefit from including a breakdown of electricity production:

  • By energy source (oil, gas, coal, or biomass), distinguishing between the different fossil fuels;
  • By plant type (public generation or auto-production) and by technology (Combined Heat and Power - CHP - or non-CHP).

This granularity will enable companies to meet the CSRD requirements regarding their emissions (Scope 2 and 3) and will offer more precise monitoring of greenhouse gas emissions, thereby supporting global efforts to combat climate change.

Committed to the development of robust and comprehensive energy classifications, Enerdata looks forward to the forthcoming finalisation of SIEC V2.0. Its implementation will represent a significant step forward for the international monitoring and analysis of energy data, and will address the sector’s current and future needs.