Forecast: Electric Power Transmission and Distribution Losses in Australia

In 2023, the electric power transmission and distribution losses in Australia were at 3.73% of the total electricity production. The data from the past decade shows a consistent downward trend, where losses have decreased from 5.34% in 2013. This represents a compound annual growth rate (CAGR) of -3.2% over the last five years. Year-on-year reduction rates typically range around -3%, indicating increased efficiency in the power grid.

Key points:

• 2013-2023 losses decreased at a steady CAGR of -3.2%.
• Year-on-year variations have typically been approximately -3% in recent years.

Looking forward, forecasts predict the trend of reducing transmission and distribution losses will continue with an expected CAGR of -3.09% over the next five years, resulting in a decrease to 3.07% by 2028. Future trends to watch for include technological advancements in grid infrastructure, increased use of smart grid technologies, and ongoing improvements in energy transmission efficiency.