1st
worldwide for coal exports, uranium reserves, and LNG capacity
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This analysis includes a comprehensive Australia energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
1st
worldwide for coal exports, uranium reserves, and LNG capacity
X4
LNG exports since 2015
5 GW
of renewables under construction
Abstract
Institutions & Energy Policy
Australia is a constitutional monarchy with a federal division of powers. The country is made up of six states and two territories. The three major states are New South Wales, Victoria, and Queensland, which account for around ¾ of the GDP.
Energy Supply
Resources:
Australia possesses vast energy resources, including 73 Gt of proven economic coal reserves, and 77Gt of lignite (end of 2020).
Energy Prices
Gas:
In 2020, average natural gas prices for industry and households decreased by 2% and 3% to reach US$2.3c/kWh and US$7.95c/kWh, respectively. Industry customers are benefitting from relatively low prices, which are 20% below the OECD average, while household prices stand 20% above the OECD average.
Graph: GAS PRICES FOR INDUSTRY AND HOUSEHOLDS (US$c/kWh GCV)
Energy Consumption
Per capita energy consumption is around 25% higher than the average of OECD countries, amounting to 4.9 toe in 2020, while per capita electricity consumption was 9.2 MWh.
Total energy consumption has remained relatively stable since 2010, with a slight decrease of 1.5% in 2020 to 127 Mtoe.
Issues & Prospects
According to the September 2021 Resources and Energy Quarterly forecast from the Department of Industry, Science, Energy, and Resources, coal exports are expected to increase by 9% in FY2022-2023, while exports of LNG and crude oil could increase by 6% and 2%, respectively, over the same period.
Below is a list of the Australia energy market report graphs:
In the Australia energy market report you will find the following tables:
The Australia energy market data since 1990 and up to 2020 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:
The Australia country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Projections Data (Excel Sheet)
The Australia country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
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