Key Market Indicators
Australian electricity generation is on track to reach approximately 285 terawatt-hours by 2028, up from around 276 terawatt-hours in 2023. This marks an average annual growth rate of 0.5%. Historically, Australia's electricity supply has seen a steady increase, growing at an average rate of 1% per year since 1990. In the global rankings for 2023, Australia holds the 19th position. Notably, Italy has surpassed Australia, matching its output at roughly 276 terawatt-hours. Leading the rankings are the United States, India, and Russia, occupying the second, third, and fourth spots respectively.
