Energy balance (energy economics)

In energy economics, an energy balance accounts for all of an organization's processes that involve energy, drawing on life cycle assessment methods to analyze and verify how energy resources arise, are transformed and are used in detail. Energy balances serve as a major statistical basis for energy policy and energy management decisions, showing the amount and composition of energy consumption and how it changes or is converted from one form to another; countries and non-governmental organizations publish such data, with the International Energy Agency's World Energy Balances a prominent example. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/