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Australia Thermal Power Market Size, Share, Growth, Trends: By Fuel Type: Nuclear, Coal, Natural Gas, Oil; By Application: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Australia Thermal Power Market Outlook
The Australia thermal power market size is estimated to be valued at 5,193.93 PJ in 2023.
Key Takeaways:
- Geoscience Australia highlights coal as Australia's primary energy source. In 2020, 74,147 Mt of black coal and 74,039 Mt of brown coal supported Australia thermal power market.
- According to DCCEEW, coal and gas collectively comprised roughly 70% of electricity generation in Australia during 2021.
- According to the IEA, Australia's overall natural gas supply reached 1,463,944 terajoules in 2022, contributing significantly of the Australia thermal power industry.
Due to its cost-effectiveness compared to alternative fuels, coal drives the Australia thermal power market growth
Coal power plants remain economically competitive, particularly in regions with accessible coal deposits. Coal power in Australia ensures reliability and security through its abundant supply, cost-effectiveness, established infrastructure, efficient technologies, flexible output, and employment opportunities in mining areas.
Australian government contemplated extending the lifespan of Origin Energy's Eraring coal-fired power plant, the nation's largest. Concerns over surging power prices and delays in renewable energy adoption amid retiring fossil fuel plants prompted the New South Wales (NSW) state minister for climate change to consider this move.
Nuclear power presents advantages like reduced greenhouse gas emissions for climate mitigation, dependable baseload supply, efficient energy density for lowered transportation expenses, enduring operational life for stable electricity, energy security, and economic stability.
Market Segmentation
Australia Thermal Power Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Fuel Type
- Nuclear
- Coal
- Natural Gas
- Oil
Market Breakup by Application
- Residential
- Commercial
- Industrial
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia thermal power market key players are AGL Energy Limited (AGL), Zenith Energy Pty Ltd., Hybrid Systems Australia, and ATCO Australia Pty Ltd. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Fuel Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Thermal Power Market Overview
8.1 Key Industry Highlights
8.2 Australia Thermal Power Historical Market (2018-2023)
8.3 Australia Thermal Power Market Forecast (2024-2032)
9 Australia Thermal Power Market by Fuel Type
9.1 Nuclear
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Coal
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Natural Gas
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Oil
10 Australia Thermal Power Market by Application
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Industrial
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Thermal Power Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 AGL Energy Limited (AGL)
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Zenith Energy Pty Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Hybrid Systems Australia
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 ATCO Australia Pty Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Thermal Power Market: Key Industry Highlights, 2018 and 2032
2. Australia Thermal Power Historical Market: Breakup by Fuel Type (PJ), 2018-2023
3. Australia Thermal Power Market Forecast: Breakup by Fuel Type (PJ), 2024-2032
4. Australia Thermal Power Historical Market: Breakup by Application (PJ), 2018-2023
5. Australia Thermal Power Market Forecast: Breakup by Application (PJ), 2024-2032
6. Australia Thermal Power Historical Market: Breakup by Region (PJ), 2018-2023
7. Australia Thermal Power Market Forecast: Breakup by Region (PJ), 2024-2032
8. Australia Thermal Power Market Structure
Key Questions Answered in the Report
The market was valued at USD 5,193.93 PJ in 2023.
The thermal power market is categorised according to fuel type, which includes nuclear, coal, natural gas, and oil.
The thermal power market key players are AGL Energy Limited (AGL), Zenith Energy Pty Ltd., Hybrid Systems Australia, and ATCO Australia Pty Ltd. among others.
Based on the application, the market is divided into residential, commercial, and industrial.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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