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Australia electricity production market doubled revenues during the period 2000 to 2010

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Production, Collection and Distribution of Electricity in Australia: ISIC 401 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-02 05:24:03
Over the review period of 2000-2010, the Australian market for the production, collection and distribution of electricity more than doubled sales to reach A$44.1 billion. With the exception of 2004, the market grew year-on-year, with 10% overall average annual growth.

The main customer group is B2B clients, with these accounting for 69% of demand in 2010, two percentage points up on 2000. Households accounted for almost all the remaining 31% share of consumption, while the government´s share was negligible. Electricity and gas account for nearly all of the running costs of Australian homes.

Air conditioning is a necessity in much of the country for a large part of the year and this pushes up demand for electricity. Throughout the review period, electricity production measured in kWh increased by only 3% annually. Therefore, higher revenue growth was supported by price increases. However, Australian electricity prices are still among the lowest in the world.

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