Industry Analysis & Industry Trends
Fossil fuel-fired power stations supply the majority of Australia's electricity. These power plants run on black coal, brown coal and natural gas, while other fuels such as petroleum are used less frequently. Industry assets represent large capital investments that are operated in the long term. The lack of operational flexibility exposes the industry to structural and regulatory changes, and industry participants have grappled with government intervention and weaker demand for centrally-generated electricity over the past five years. The outcome has been limited production volumes and fluctuating wholesale electricity prices. Industry revenue is estimated to grow at a compound annual rate of 5.2% over the five years through 2016-17, to reach $13.9 billion... purchase to read more
Industry Report - Industry Analysis Chapter
Operators in the Fossil Fuel Electricity Generation industry produce electricity using black coal, brown coal, gas and petroleum. This electricity is then sold in wholesale markets throughout Australia. The industry's plants provide base-load power, which is used to meet the bulk of ongoing demand for energy. They also provide fast-dispatch peak power, to meet demand during sudden spikes. The industry's role in generation markets was stable for decades. However, both regulation and demand fundamentals have changed over the past five years, creating a challenging operating environment.
Industry revenue is expected to increase at an annualised 5.2% over the five years through 2016-17, to reach $13.9 billion... purchase to read more