Australian Power Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Australian Power Market Size & Share and It is Segmented by Power Generation Source (Coal, Natural Gas, Oil, Renewables, and Other Power Generation Sources), and Power Transmission and Distribution. The Report Offers Market Size and Forecasts in Installed Capacity for all the Above Segments.

Australian Power Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Australian Power Market Size

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Australia Power Market- Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 67.58 gigawatt
Market Volume (2030) 88.96 gigawatt
CAGR 5.65 %
Market Concentration Medium

Major Players

Australia Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Australian Power Market Analysis

The Australia Power Market size in terms of installed base is expected to grow from 67.58 gigawatt in 2025 to 88.96 gigawatt by 2030, at a CAGR of 5.65% during the forecast period (2025-2030).

  • Over the medium term, the Australian power market is likely to grow in the coming years due to the increasing electricity demand from the manufacturing and mining industries and the availability of a broad range of fuel sources for electricity generation.
  • On the other hand, the phasing out of coal-based power plants is expected to hinder the growth of the Australian power market.
  • Nevertheless, the increasing penetration of wind, solar, small hydro, and other renewables-based power generation, rising electric vehicle and heat pump demand, and increasing export requirements via interconnectors have resulted in increased requirements for the installation of Transmission and Distribution (T&D) lines, creating several opportunities for the major companies.

Australian Power Industry Overview

The Australian power market is semi-fragmented. Some of the major players include (in no particular order) Energy Australia, AGL Energy Ltd, Origin Energy Ltd., Iberdrola SA, and Goldwind Australia.

Australian Power Market Leaders

  1. Energy Australia

  2. Iberdrola SA

  3. Goldwind Australia

  4. AGL Energy Ltd

  5. Origin Energy Ltd

  6. *Disclaimer: Major Players sorted in no particular order
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Australian Power Market News

  • April 2023: Australia announced plans to shut down most aged coal-fired power plants. The Liddell power station, a three-hour drive north of Sydney, was one in a series of aging coal-fired plants slated to close in the coming years. The Liddell power plant is set to be substituted by clean energy projects, including a hydrogen power plant.
  • August 2022: Neoen Australia announced that its 400 MW solar farm, which forms part of its USD 414.6 million Western Downs Green Power Hub, began exporting electricity to the grid.
  • June 2022: Construction started on the 1,026-megawatt (MW) MacIntyre Wind Precinct, the largest wind farm to ever be built in Australia. Acciona Energía and CleanCo Queensland are co-owners of the USD 1.45 billion project in Queensland, southwest of Warwick. Queensland-based Ark Energy is a co-investor.

Australian Power Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Capacity and Forecast, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Electricity Demand from Manufacturing, Construction, and Mining Industries
    • 4.5.1.2 The Availability of a Broad Range of Fuel Sources for Electricity Generation
    • 4.5.2 Restraints
    • 4.5.2.1 Phasing Out of Coal-based Power Plants
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Power Generation Source
    • 5.1.1 Coal
    • 5.1.2 Natural Gas
    • 5.1.3 Oil
    • 5.1.4 Renewables
    • 5.1.5 Other Power Generation Sources
  • 5.2 Power Transmission and Distribution

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Energy Australia
    • 6.3.2 AGL Energy Ltd.
    • 6.3.3 Origin Energy Ltd.
    • 6.3.4 Iberdrola SA
    • 6.3.5 Goldwind Australia
    • 6.3.6 Momentum Energy Pty Ltd.
    • 6.3.7 Alinta Energy Pty Ltd.
    • 6.3.8 Next Business Energy
    • 6.3.9 Smartest Energy Australia Pty Ltd.
    • 6.3.10 Simply Energy Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Penetration of Renewable Energy
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Australian Power Industry Segmentation

Generally, electricity generation is the process of generating electric power from primary energy sources. For utilities in the electricity industry, electricity generation is the process of delivering (transmission, distribution, etc.) electricity to end users or storing it.

The Australian power market is segmented by power generation sources, and power transmission & distribution. By power generation, the market is segmented into conventional thermal, hydro, nuclear, and non-hydro renewable. The market size and forecasts for each segment have been based on installed capacity, except power transmission and distribution.

Power Generation Source Coal
Natural Gas
Oil
Renewables
Other Power Generation Sources
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Australian Power Market Research FAQs

How big is the Australia Power Market?

The Australia Power Market size is expected to reach 67.58 gigawatt in 2025 and grow at a CAGR of 5.65% to reach 88.96 gigawatt by 2030.

What is the current Australia Power Market size?

In 2025, the Australia Power Market size is expected to reach 67.58 gigawatt.

Who are the key players in Australia Power Market?

Energy Australia, Iberdrola SA, Goldwind Australia, AGL Energy Ltd and Origin Energy Ltd are the major companies operating in the Australia Power Market.

What years does this Australia Power Market cover, and what was the market size in 2024?

In 2024, the Australia Power Market size was estimated at 63.76 gigawatt. The report covers the Australia Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Australia Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Australian Power Industry Report

The Australia power market is experiencing steady growth, driven by a diverse mix of energy sources and significant investments in renewable energy. The market is segmented by type, including oil and natural gas, renewables, coal, hydroelectricity, and others, as well as by region, covering areas such as New South Wales, Victoria, Queensland, and others. The primary energy sources include coal, oil, and natural gas, with renewables like solar, wind, and hydro gaining a substantial share in electricity generation. The australian energy market market's expansion is supported by the dependability and adaptability of oil and natural gas, alongside the environmental and economic benefits of renewable energy. The industrial, commercial, residential, and transport sectors are key consumers of power, with the industrial sector leading in consumption. The transition from coal-based power to renewable energy is a significant trend. An australian energy market overview reveals that australian electric companies are actively participating in this transition, further driving the market's evolution. Statistics for the Australia Power market share, size, and revenue growth rate, created by Mordor Intelligence™ Industry Reports, include a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.

Australian Power Market Report Snapshots