Key Market Indicators
Australian electricity generation is projected to rise to approximately 285 terawatt-hours (TWh) by 2028, up from around 276 TWh in 2023. This marks an average annual growth rate of 0.5%. Since 1990, Australia's electricity supply has increased by an average of 1% per year. In 2023, Australia ranked 19th globally in electricity generation, with Italy narrowly surpassing it at the same 276 TWh mark. Leading the global rankings, the United States, India, and Russia secured the second, third, and fourth positions, respectively.