- Update
-
- Format
- 4 files (PDF report, 3 Excel files)
- Pages
-
72 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- ENERGY AND CLIMATE POLICY FRAMEWORK
- ENERGY COMPANIES
- ENERGY SUPPLY AND DEMAND
- ENERGY USE AND PRICE BY SECTOR
- ISSUES AND PROSPECTS
- STATISTICS
- ABBREVIATIONS
- GLOSSARY
Buy Australia energy report
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After validation, you will immediately receive 4 files by email (one pdf report and 3 excel files containing the datasets).
Overview
Australia’s energy and climate policy framework aims for an 82% renewable electricity share by 2030, supported by federal-state cooperation and ambitious state-level targets. Key bodies like the Clean Energy Regulator and Australian Energy Market Operator oversee transition efforts, balancing coal phase-outs with gas security and green hydrogen expansion.
Get more details on the table of contents and data files, as well as the list of graphs and tables by browsing the tabs below.
Highlights
- Australia targets for 2030 an 82% share of renewables in the power mix and a 43% reduction in its carbon emissions compared to 2005 levels.
- Around half of the oil and gas production is controlled by large international companies, without any dominant actor. The three largest coal companies only contribute 1/3 of the total output.
- The rapid decrease of coal in the power mix (-25 pp since 2010) was offset by solar and wind (+27 pp).
- Gas production and exports are since 2022 after very rapid growth from 2010 to 2020 (threefold increase for production and fivefold for exports).
- Final consumption has increased by 2.5%/year since 2022, after remaining stable since 2010.
- More than 21 GW of solar, wind, battery storage, and hydro are under construction or subject to an FID. Amid concerns regarding the country's gas supply, its first LNG import terminal commissioning was delayed by two years.
Energy & Climate Policy Framework
Australia is a constitutional monarchy with a federal division of powers. The country is made up of six states and two territories: New South Wales (NSW), Queensland (QLD), Victoria (VIC), South Australia (SA), Tasmania (TAS) and Western Australia (WA), and the Australian Capital Territory (ACT) and the Northern Territory (NT). The first three account for around ¾ of the GDP.
Energy Companies
Oil:
WoodsideEnergy is the largest oil company, with a production of 3.5 Mt in 2024 of oil and NGL (i.e. 23% of total output); its overseas production reached 6 Mt in 2024 (+45%). In 2019, Woodside commissioned the Greater Enfield Project (Woodside operator with 60% and Mitsui with 40%), with an estimated capacity of 41 kb/d.
Energy Supply & Demand
Oil:
Australia's production of liquid hydrocarbons (crude oil, condensates, and NGLs) decreased by 7%/year from 2020 to 15 Mt in 2024, after an increase of over 40% between 2018 and 2020, reaching 20 Mt. Oil production halved between its peak at 32 Mt in 2000 and 2024, due to the decline in production from mature basins.
Energy Use and Price by Sector
Energy Prices in Residential:
During the second quarter of 2023, Australia introduced a temporary cap on gas prices at US$3c/kWh and on coal prices at US$84.6/t in 2023 to help households and businesses cope with soaring energy prices. The government provided electricity bill assistance up to US$1bn to households and small businesses.
Issues & Prospects
Electricity:
AEMO released its 2024 Integrated System Plan, outlining a 30-year roadmap of investments for the NEM. To deliver the lowest cost pathway by 2050, this plan calls for a sixfold increase of utility-scale renewables to 127 GW, a fourfold rise in distributed solar to 86 GW, and for 75 GW of firm dispatchable generation.
- Graph 1: Final Intensity to GDP
- Graph 2: Primary Consumption Trends by Energy Source
- Graph 3: Total Consumption Market Share by Energy (2024)
- Graph 4: Installed Electric Capacity by Source
- Graph 5: Installed Electric Capacity by Source (2024)
- Graph 6: Gross Power Production by Source & Consumption
- Graph 7: Power Generation by Source (2024)
- Graph 8: CO2 Intensity of Electricity Generation
- Graph 9: Crude Oil Production & Consumption
- Graph 10: Petroleum Products Production & Consumption
- Graph 11: Gas Production & Consumption
- Graph 12: Coal Production & Consumption
- Graph 13: Emissions of GHG and CO₂ from Fuel Combustion
- Graph 14: CO₂-Emissions per Capita
- Graph 15: CO2 Intensity to GDP
- Graph 16: Final Demand Trends by Energy Source
- Graph 17: Final Consumption by Sector
- Graph 18: Final Consumption Market Share by Sector (2024)
- Graph 19: Share of Electricity in Total Final Energy Consumption
- Graph 20: Final Consumption in Industry by Energy Source
- Graph 21: Final Consumption in Transport by Energy Source
- Graph 22: Energy Prices in Transport (Taxes Included)
- Graph 23: Final Consumption in Residential, Services, Agriculture by Energy Source
- Graph 24: Energy Prices in Residential (Taxes Included)
- Graph 25: Upcoming New Capacity by Energy Source
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Australia energy market data since 1990 and up to
is included in the Excel file accompanying the Australia country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Australia Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Australia energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Australia country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
- Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
- Power: Electricity generation & capacities, by technology.
- CO2: Total CO2 emissions.
- Macro-economy: Main macro-economic assumptions.
- Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.