In 2022, the electricity price index was calculated at around ***** points. While this marked a significant increase compared to the base year of 2005, it was still the lowest electricity index value since 2012.
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Get the latest insights on price movement and trend analysis of Electricity in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.
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This dataset provides values for ELECTRICITY PRICE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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Australia Electricity Average Spot Price: Queensland: Manimum data was reported at -15.750 AUD/MWh in 17 May 2025. This records a decrease from the previous number of 67.320 AUD/MWh for 16 May 2025. Australia Electricity Average Spot Price: Queensland: Manimum data is updated daily, averaging 21.270 AUD/MWh from Jan 1999 (Median) to 17 May 2025, with 9634 observations. The data reached an all-time high of 291.890 AUD/MWh in 03 Jun 2022 and a record low of -1,000.000 AUD/MWh in 21 Sep 2022. Australia Electricity Average Spot Price: Queensland: Manimum data remains active status in CEIC and is reported by Australian Energy Market Operator. The data is categorized under Global Database’s Australia – Table AU.P003: Electricity Prices.
As of the second quarter of 2025, Australia had the highest average electricity price for households in the Asia-Pacific region, at about **** U.S. dollars per kilowatt-hour. Singapore had the second-highest average electricity price, with households paying around **** U.S. dollars per kilowatt-hour.
In the financial year 2024, electricity usage in the National Electricity Market (NEM) across Australia amounted to ***** terawatt hours. This was a slight increase in electricity usage across the country compared to the previous year. Electricity generation in Australia Renewable and non-renewable sources of energy are prevalent in Australia, with coal the leading fuel source for electricity generation. Nevertheless, electricity generation from renewable sources has seen a steady increase. Wind, solar, and hydropower sources are the most common renewable energy sources in Australia. Consumer behavior Among the many energy retailers available for Australians, Origin Energy was the most prominent in the residential electricity market, followed by AGL. In a survey, it was revealed that the average consumer electricity bill in Australia had increased in 2023 compared to the previous year. Over half of Australians believed excessive profit margins of electricity companies were the cause of rising electricity prices in the country.
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Australia Household Final Consumption Expenditure: Trend: Electricity, Gas & Other Fuel data was reported at 6,636.000 AUD mn in Mar 2019. This records a decrease from the previous number of 6,665.000 AUD mn for Dec 2018. Australia Household Final Consumption Expenditure: Trend: Electricity, Gas & Other Fuel data is updated quarterly, averaging 1,054.000 AUD mn from Sep 1959 (Median) to Mar 2019, with 239 observations. The data reached an all-time high of 6,688.000 AUD mn in Sep 2018 and a record low of 54.000 AUD mn in Sep 1959. Australia Household Final Consumption Expenditure: Trend: Electricity, Gas & Other Fuel data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A291: SNA08: Household Final Consumption Expenditure: by Industry: Current Price: Trend.
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This repository provides data from the GenCost project. The GenCost project is a collaboration between CSIRO and AEMO, together with stakeholder input, to deliver an annual process of updating electricity generation and storage costs. Each report incorporates updated current and future cost estimates and global electricity scenarios.
Lineage: Current costs are updated by external engineering consulting firms and form the basis of CSIRO projections. The projection methodology is grounded in a global electricity generation and capital cost projection model recognising that cost reductions experienced in Australia are largely a function of global technology deployment. The potential for local learning is also recognised.
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Australia GVA: 2022-23p: Trend: Electricity, Gas, Water & Waste Services data was reported at 11,813.000 AUD mn in Mar 2019. This records a decrease from the previous number of 11,879.000 AUD mn for Dec 2018. Australia GVA: 2022-23p: Trend: Electricity, Gas, Water & Waste Services data is updated quarterly, averaging 8,703.000 AUD mn from Sep 1974 (Median) to Mar 2019, with 179 observations. The data reached an all-time high of 11,885.000 AUD mn in Sep 2018 and a record low of 4,000.000 AUD mn in Sep 1974. Australia GVA: 2022-23p: Trend: Electricity, Gas, Water & Waste Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A190: SNA08: Gross Value Added: by Industry: Chain Linked: 2022-23 Price: Trend.
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The Australian electricity supply meter market rose sharply to $207M in 2024, growing by 8.4% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2024 and is likely to see gradual growth in the immediate term.
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This scatter chart displays access to electricity (% of population) against birth rate (per 1,000 people) in Australia. The data is filtered where the date is 2021. The data is about countries per year.
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This scatter chart displays access to electricity (% of population) against death rate (per 1,000 people) in Australia. The data is filtered where the date is 2021. The data is about countries per year.
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Construction and industrial trends and household spending influence the installation and maintenance activities of the Electrical Services industry. Technological advancements in electrical, electronic and communications products and power generation are crucial for driving long-term demand for electrical services. Widely divergent trends have influenced the industry's performance in its core building and infrastructure markets through 2024-25. The surge in new house construction to a peak in 2021-22 underpinned robust appliance installation and wiring activity for many small-scale electrical contractors. However, subsequent mortgage interest rate hikes and the winding down of the HomeBuilder stimulus have choked off electrical contracting in the new house construction market, pushing domestic electricians to chase work in home renovations and emergency repairs. In contrast, several prominent and specialist electrical contractors have generated solid revenue from installation activity in the non-residential building and core infrastructure markets. Work in the commercial and institutional building markets has included the installation of sophisticated data processing systems, building controls and energy-efficiency solutions. Work in infrastructure markets has included the NBN rollout, renewable energy projects and high-voltage power installations. Over the five years through 2024-25, industry revenue is expected to have climbed marginally at an annualised 0.8% to $36.2 billion. This trend includes an anticipated contraction of 5.0% in 2024-25. Profit margins have narrowed for most electrical contractors in response to intense competition in the residential building market and rising input prices. Looking ahead, electrical contractors are set to benefit from greater installation and wiring work in the apartment and non-residential building markets. Conditions will gradually strengthen in the single-unit housing market as population pressures mount and interest rates stabilise. Specialist electrical contractors working on renewable energy projects will continue to derive installation and maintenance work from investment in new wind farms, solar plants and lithium-ion battery storage systems. Growth in these infrastructure markets will help offset the drying up of installation services on transport infrastructure projects upon the imminent completion of several significant road and rail developments. Ongoing maintenance activity will continue to provide a solid platform for the industry's performance, and increased private capital expenditure on machinery and equipment points to ongoing demand for electrical installation and maintenance for industrial clients. Industry revenue is forecast to climb at an annualised 2.7% over the five years through 2029-30 to $41.4 billion.
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Australia GVA: Trend: Electricity, Gas, Water & Waste Services data was reported at 12,436.000 AUD mn in Sep 2018. This records an increase from the previous number of 12,111.000 AUD mn for Jun 2018. Australia GVA: Trend: Electricity, Gas, Water & Waste Services data is updated quarterly, averaging 8,463.000 AUD mn from Sep 2002 (Median) to Sep 2018, with 65 observations. The data reached an all-time high of 12,436.000 AUD mn in Sep 2018 and a record low of 4,813.000 AUD mn in Sep 2002. Australia GVA: Trend: Electricity, Gas, Water & Waste Services data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A077: SNA08: Gross Value Added: by Industry: Current Price.
The global coal price index reached 140.02 index points in June 2025. This was an increase compared to the previous month, which also reflected a rise in the overall fuel energy price index. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtailing gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, China, and India are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.
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Australia GVA: 2008-09p: Trend: Electricity, Gas, Water & Waste Services: Electricity data was reported at 3,631.000 AUD mn in Jun 2011. This records an increase from the previous number of 3,627.000 AUD mn for Mar 2011. Australia GVA: 2008-09p: Trend: Electricity, Gas, Water & Waste Services: Electricity data is updated quarterly, averaging 2,591.000 AUD mn from Sep 1974 (Median) to Jun 2011, with 148 observations. The data reached an all-time high of 3,631.000 AUD mn in Jun 2011 and a record low of 1,116.000 AUD mn in Mar 1975. Australia GVA: 2008-09p: Trend: Electricity, Gas, Water & Waste Services: Electricity data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A204: SNA08: Gross Value Added: by Industry: Chain Linked: 2008-09 Price: Trend.
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The Coal Industry Australia size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 1.40">> 1.40 % during the forecasts periods.The coal sector in Australia plays a crucial role in the worldwide energy market, making a significant contribution to the nation's economy through both exports and local energy generation. Australia stands as one of the leading coal exporters globally, with key markets in Asia, notably China, Japan, and India. The industry capitalizes on Australia's abundant coal reserves, strategically situated in areas like New South Wales and Queensland. Despite the growing trend towards renewable energy on a global scale, coal continues to be a vital element in Australia's energy portfolio, offering a dependable and cost-efficient source of power. Nevertheless, the Australian coal industry is under increasing pressure due to environmental worries and the international drive for cleaner energy alternatives. Policies related to climate change and global agreements, such as the Paris Agreement, are propelling a shift towards more sustainable energy sources, posing a challenge to the long-term viability of the coal sector. On a domestic level, there is a rising call for reducing greenhouse gas emissions and investing in renewable energy technologies. In response, the industry is exploring methods to lessen its environmental impact through technological innovations like carbon capture and storage (CCS). Furthermore, there is an ongoing discussion about striking a balance between economic advantages and environmental obligations. In essence, while the coal industry remains economically significant for Australia, its future is increasingly influenced by the worldwide move towards sustainability and cleaner energy solutions. Recent developments include: September 2022: AGL Energy announced the company's coal-fired Loy Yang A power station in Victoria will close in 2035., October 2022: New South Wales (NSW ) Electricity Infrastructure awarded the contracts to design and replace four of NSW's remaining five coal power stations in the next 11 years.. Key drivers for this market are: 4., Increase in Prices of Electricity Procured from Conventional Mechanisms 4.; Decline in Cost of Solar Energy Infrastructure. Potential restraints include: 4., Competition from Other Alternative Energy Sources. Notable trends are: Demand for Bituminous Coal to Drive the Market.
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In 2024, the Australian power tool market was finally on the rise to reach $336M after two years of decline. Over the period under review, the total consumption indicated a slight increase from 2012 to 2024: its value increased at an average annual rate of +1.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -24.7% against 2021 indices.
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In 2022, the electricity price index was calculated at around ***** points. While this marked a significant increase compared to the base year of 2005, it was still the lowest electricity index value since 2012.