Industry Analysis & Industry Trends
Fossil fuel-fired power stations supply the majority of Australia's electricity. They run on black coal, brown coal and increasingly on natural gas, with only limited use of other fuels such as petroleum products. As these fuel sources indicate, the industry is emissions intensive and its performance is sensitive to carbon pricing policies. Industry assets represent large capital investments that are operated for the long term. The lack of operational flexibility leaves the industry exposed to change. This has been clear in the past five years, as the industry has been buffeted by shifting patterns of demand and regulation.
In the five years through 2013-14, industry revenue has increased at a compound annual rate of 2.5%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry's product is well established, having been supplied to markets for more than a century. Output is growing more slowly than the economy as a whole, but the industry's product is still essential to the functioning of the entire economy. Over the 10 years through 2018-19, the value of the industry's contribution to the economy, as measured industry value added, is expected to decline at a compound annual rate of 1.5%. This compares unfavourably with GDP growth at a compound annual rate of 2.5% over the same period.
The industry is undergoing substantial change due to competition between generators, the privatisation of government-owned businesses and pressure to cut greenhouse gas emissions... purchase to read more