Energy
From Open Risk Manual
Definition
In physics, Energy is a quantity that characterises a physical system composed of material particles or fields which measures the capacity to perform work.
In economic context energy is of core interest in various economic activities involving Energy Production and Energy Consumption. It is the main concept in Energy Accounting and the management of Energy Risk.
Energy Consumption is a vital component of economic activity today, replacing and/or augmenting human labor and helping perform tasks that could not be carried out in earlier technological periods.
Examples
- Electricity
- Fuels such as Natural Gas, Oil and Biomass
- Steam
- Heat
- Compressed Air
