$2.6bn
$XXX.Xm
3,508
168
$XXX.Xm
Australia is facing a fundamental rewiring of its electricity markets. As consumers, investors and government clamour for more renewable generation, large-scale wind power is receiving an influx of capacity investment. Windy states, like South Australia, New South Wales and Victoria, are producing more of their electricity from renewable sources. Other smaller forms of renewable generation, like biomass, tidal and geothermal generation, have taken a back seat.
Industry revenue has grown at a CAGR of 3.3 % over the past five years, to reach an estimated $2.6bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 |
---|---|---|
AGL | 401.1 | |
Iberdrola Australia | 317.8 | |
Pacific Blue | 181.0 |
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Industry revenue is measured across several distinct product and services lines, including Electricity generation and Renewable energy certificates. Electricity generation is the largest segment of the Wind and Other Electricity Generation in Australia.
Electricity generation revenue spikes, buoyed by inflated wholesale prices
Industry firms generate electricity using wind, geothermal, tidal, biomass and other renewable energy sources. The industry excludes the use of photovoltaic systems, also known as solar panels.
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ANZSIC 2619 - Wind and Other Electricity Generation in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Investment in wind assets is flying as capacity expands. Government schemes and solid consumer and investor demand for renewables in recent years have boosted industry perfor...
Learn about an industry's products and services, markets and trends in international trade.
Large-scale Generation Certificate prices face an uncertain future as an oversupply of renewable generation shrinks this secondary source of income. Nonetheless, businesses a...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Victoria is leading the way in wind powered electricity generation as investment in new wind farms stays strong.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition is heating up with more investment in large-scale wind power assets.
Learn about the performance of the top companies in the industry.
International firms are investing in Australia’s wind generation as the transition to renewable sources picks up pace.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Generators need to walk a regulatory tight-rope as electricity is an essential service for households and businesses. The AEMC is responsible for developing and implementing ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
More employment is pushing up wage costs. Construction of new wind farms and maintenance works are boosting demand for skilled workers.
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Wind and Other Electricity Generation industry in Australia is $2.6bn in 2024.
There are 168 businesses in the Wind and Other Electricity Generation industry in Australia, which has grown at a CAGR of 5.6 % between 2018 and 2023.
The market size of the Wind and Other Electricity Generation industry in Australia has been growing at a CAGR of 3.3 % between 2018 and 2023.
Over the next five years, the Wind and Other Electricity Generation industry in Australia is expected to grow.
The biggest companies operating in the Wind and Other Electricity Generation market in Australia are AGL, Iberdrola Australia and Pacific Blue
Wind electricity generation and Tidal electricity generation are part of the Wind and Other Electricity Generation industry.
The company holding the most market share in Australia is AGL.
The level of competition is high and increasing in the Wind and Other Electricity Generation industry in Australia.