Industry Analysis & Industry Trends
Fossil fuel-powered power stations supply the majority of Australia's electricity. They run on black coal, brown coal and increasingly gas, with 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. As these have been implemented over the past five years industry revenue has increased. Revenue is estimated to rise at a compound annual rate of 7.1% over the five years through 2013-14. Underlying growth in industry revenue is estimated to have been much lower, projected at a compound annual rate of 1.6%, reflecting the combination of slightly lower output and declining wholesale electricity prices over most of the period. A spike in revenue of 34.6%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry's product is well established, having been supplied to markets for several centuries. 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 decade ending in 2018-19, the value of the industry's contribution to the economy, as measured by wages, depreciation and profit, is expected to grow at a compound annual rate of 1.1%. 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