Industry Analysis & Industry Trends
The Fossil Fuel Electricity Generation industry is expected to earn revenue of $17.1 billion in 2012-13, compared with $14 billion in 2007-08, yielding annualised growth of 4.1%. The growth reflects the combination of slightly lower output and substantially higher prices over that period. Industry revenue is expected to expand by 10.3% in 2012-13, as higher prices (due to the introduction of carbon pricing) more than offset a fall in the amount of electricity generated from fossil fuels.
Electricity generation from fossil fuel produces about 0.4% of Australia's GDP and the industry's net profit in 2012-13 is forecast to be about $2.88 billion. As Australia does not export or import electricity, the size of the local market matches output... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry's product is well established, having been supplied to markets for many decades. Output is growing more slowly than the economy as a whole. Over the decade ending in 2017-18, the value of industry output is expected to grow by 1.6% per year, compared with GDP growth of 2.4% per year.
The industry's is undergoing substantial change, due to competition between generators, the privatisation of government-owned businesses and pressure to cut greenhouse gas emissions. The importance of lower emission power plants based on natural gas (rather than black or brown coal) is growing, and the industry also faces increased competition from power generation based on renewables, such as hydroelectricity and wind... purchase to read more