Renewable Energy in Australia - Market Summary, Competitive Analysis and Forecast to 2025

Renewable Energy in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). 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 four 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 and the market value has been calculated according to an average of annual non-household power price, or equivalent, excluding taxes and levies. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The Australian renewable energy market had total revenues of $11.4bn in 2020, representing a compound annual growth rate (CAGR) of 17.1% between 2016 and 2020.
Market production volume increased with a CAGR of 11.3% between 2016 and 2020, to reach a total of 60,081.5 GWh in 2020.
Wind had the highest volume in the Australian renewable energy market in 2020, with a total of 20,895.9 GWh, equivalent to 34.8% of the market's overall volume.

Scope

Save time carrying out entry-level research by identifying the size, growth, 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

Reasons to Buy

What was the size of the Australia renewable energy market by value in 2020?
What will be the size of the Australia renewable energy market in 2025?
What factors are affecting the strength of competition in the Australia renewable energy market?
How has the market performed over the last five years?
How large is Australia’s renewable energy market in relation to its regional counterparts?

Frequently Asked Questions about the Renewable Energy Market in Australia

What is the estimated value of the Renewable Energy Market in Australia?

The Renewable Energy Market in Australia was estimated to be valued at $11.44 Billion in 2020.

What is the growth rate of the Renewable Energy Market in Australia?

The growth rate of the Renewable Energy Market in Australia is 16.6%, with an estimated value of $24.72 Billion by 2025.

What is the forecasted size of the Renewable Energy Market in Australia?

The Renewable Energy Market in Australia is estimated to be worth $24.72 Billion by 2025.

Who are the key companies in the Renewable Energy Market in Australia?

Key companies in the Renewable Energy Market in Australia include Origin Energy Limited, AGL Energy Limited and Snowy Hydro Ltd.

Report Attribute	Details
No. of Pages	45
Published	June 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 11.44 Billion
Forecasted Market Value ( USD ) by 2025	$ 24.72 Billion
Compound Annual Growth Rate	16.6%
Regions Covered	Australia

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 strengths and weaknesses to leading players have?
7.3. What have been the most significant mergers/acquisitions over the last year?
7.4. 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 Research
10.4. About the Author

List of Tables

Table 1: Australia renewable energy market value: $ million, 2016-20
Table 2: Australia renewable energy market volume: GWh, 2016-20
Table 3: Australia renewable energy market category segmentation: GWh, 2020
Table 4: Australia renewable energy market geography segmentation: $ million, 2020
Table 5: Australia renewable energy market value forecast: $ million, 2020-25
Table 6: Australia renewable energy market volume forecast: GWh, 2020-25
Table 7: Origin Energy Limited: key facts
Table 8: Origin Energy Limited: Annual Financial Ratios
Table 9: Origin Energy Limited: Annual Financial Ratios (Continued)
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: Australia size of population (million), 2016-20
Table 17: Australia gdp (constant 2005 prices, $ billion), 2016-20
Table 18: Australia gdp (current prices, $ billion), 2016-20
Table 19: Australia inflation, 2016-20
Table 20: Australia consumer price index (absolute), 2016-20
Table 21: Australia exchange rate, 2016-20

List of Figures

Figure 1: Australia renewable energy market value: $ million, 2016-20
Figure 2: Australia renewable energy market volume: GWh, 2016-20
Figure 3: Australia renewable energy market category segmentation: % share, by volume, 2020
Figure 4: Australia renewable energy market geography segmentation: % share, by value, 2020
Figure 5: Australia renewable energy market value forecast: $ million, 2020-25
Figure 6: Australia renewable energy market volume forecast: GWh, 2020-25
Figure 7: Forces driving competition in the renewable energy market in Australia, 2020
Figure 8: Drivers of buyer power in the renewable energy market in Australia, 2020
Figure 9: Drivers of supplier power in the renewable energy market in Australia, 2020
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Australia, 2020
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Australia, 2020
Figure 12: Drivers of degree of rivalry in the renewable energy market in Australia, 2020