Forecast: Coal Consumption in Australia

Australia's coal consumption decreased from 2013 to 2023, dropping from 1.89 to 1.5 Exajoules. The annual year-on-year variations ranged from a high of 3.51% growth in 2015 to a decline of -5.11% in 2013. The average annual decrease over the last five years is 3.93%. The annual consumption declined from 2013 to 2018, with minor fluctuations, followed by a steep decline from 2019 onwards. Looking at the forecast from 2024 to 2028, Australia's coal consumption is anticipated to continue its downward trend.

Future trends to watch for:

  • Continuous focus on renewable energy
  • Policy shifts towards reducing carbon emissions
  • Technological advancements in alternative energy sources
  • Potential impacts of global coal demand and export policies

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