Australia Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The Australian renewable energy market had total revenues of $5.1 billion in 2022, representing a compound annual growth rate (CAGR) of 12.4% between 2017 and 2022.
- Market production volume increased with a CAGR of 14.5% between 2017 and 2022, to reach a total of 81,495.6 GWh in 2022.
- Due to mounting environmental concerns and pressure to lessen the adverse impacts of Greenhouse Gases (GHG), the energy generation market has seen growth in terms of installed capacity of renewable sources in recent years.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Australia
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia renewable energy market with five year forecasts by both value and volume
- What was the size of the Australia renewable energy market by value in 2022?
- What will be the size of the Australia renewable energy market in 2027?
- What factors are affecting the strength of competition in the Australia renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's renewable energy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What have been the most significant mergers and acquisitions over the last year?
- 7.3. Which companies are responsible for the most significant renewable projects under development?
- 8 Company Profiles
- 8.1. Origin Energy Limited
- 8.2. AGL Energy Limited
- 8.3. Snowy Hydro Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia renewable energy market value: $ million, 2017–22
- Table 2: Australia renewable energy market volume: GWh, 2017–22
- Table 3: Australia renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Australia renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Australia renewable energy market geography segmentation: $ million, 2022
- Table 6: Australia renewable energy market value forecast: $ million, 2022–27
- Table 7: Australia renewable energy market volume forecast: GWh, 2022–27
- Table 8: Origin Energy Limited: key facts
- Table 9: Origin Energy Limited: Annual Financial Ratios
- Table 10: Origin Energy Limited: Key Employees
- Table 11: AGL Energy Limited: key facts
- Table 12: AGL Energy Limited: Annual Financial Ratios
- Table 13: AGL Energy Limited: Key Employees
- Table 14: Snowy Hydro Ltd: key facts
- Table 15: Snowy Hydro Ltd: Key Employees
- Table 16: CWP Renewables Pty Ltd: key facts
- Table 17: Australia size of population (million), 2018–22
- Table 18: Australia gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Australia gdp (current prices, $ billion), 2018–22
- Table 20: Australia inflation, 2018–22
- Table 21: Australia consumer price index (absolute), 2018–22
- Table 22: Australia exchange rate, 2018–22
- List of Figures
- Figure 1: Australia renewable energy market value: $ million, 2017–22
- Figure 2: Australia renewable energy market volume: GWh, 2017–22
- Figure 3: Australia renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Australia renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Australia renewable energy market value forecast: $ million, 2022–27
- Figure 6: Australia renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Australia, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Australia, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Australia, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Australia, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Australia, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Australia, 2022
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