• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Tuesday, June 17, 2025
Newsletter
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
Home

State of the energy market report outlines energy challenges

by Utility Journalist
May 31, 2017
in Electricity, Features, Gas, News
Reading Time: 3 mins read
A A
Share on FacebookShare on Twitter

The Australian Energy Regulator (AER) has published its tenth annual State of the energy market report, highlighting the increasing interdependence of the wholesale gas and electricity markets and the tightening supply and demand in the market.

“For ten years, the AER has reported to policy-makers, industry and the Australian community on the state of the energy market,” AER Chair Paula Conboy said.

“Our report draws together data and analysis to illustrate key trends and drivers of change in the energy industry, as well as current challenges and how stakeholders are responding.”

The report provides independent and reliable information on what’s happening in Australia’s wholesale electricity and gas markets, the transmission and distribution networks and the rapidly evolving retail sector where customers, now more than ever before, can take greater control of their energy usage and bills.

“The last eighteen months have been some of the most challenging Australia’s energy sector has experienced since the National Electricity Market was established almost 20 years ago,” Ms Conboy said.

The 2017 report shows wholesale gas and electricity markets are becoming increasingly interdependent, with high gas fuel costs contributing to higher electricity prices. Supply and demand in the market is tightening, with the retirement of some coal generators. Changes in the eastern gas market are highlighted along with the range of market, government and regulatory responses prompted by concerns of possible supply shortfalls.

“Our monitoring role means we are well placed to report on the sector. New functions to monitor and report on the competitiveness of the National Electricity Market will provide additional oversight,” Ms Conboy said.

“Growing investment in renewable generation is requiring a greater understanding of the services needed to support power system security, the focus of much work across the sector.”

“It is vitally important market arrangements continue to evolve and adapt as the energy sector transitions.”

The report also shows the impact rising wholesale gas and electricity costs are having on retail prices.

Although these are being partially offset by lower network costs, electricity retail prices trended higher in 2016, except in Victoria, with the sharpest rises in NSW and South Australia.

“Consumers now have access to an increasing range of choices, including smart meters, to better understand and manage their energy usage,” Ms Conboy said.

“Concerns about retail energy markets are being examined. But we already know around half of Australian energy customers have not switched providers in the last five years, and we also know that shopping around is one of the best ways to save money on your bill.

“We encourage consumers to visit our independent price comparator website, Energy Made Easy, to help find a better energy deal.”

Related Posts

Image: Department of Energy, Environment and Climate Action

Victoria powers up landmark hydrogen project

by Katie Livingston
June 16, 2025

The Victorian and Federal governments have officially launched Australia’s largest hydrogen refuelling project.  The new $61.2 million Viva Energy New...

Image: Mark Hunter/stock.adobe.com 

WA Budget to boost water assessment capacity

by Katie Livingston
June 16, 2025

The Western Australian Government will invest $16.7 million to support key environmental and water resource assessments throughout the state.  $16.7...

Image: Vane Nunes/stock.adobe.com 

WA to set community guidelines for renewable energy projects

by Katie Livingston
June 16, 2025

The Western Australian Government has released draft guidelines on community benefits from renewable energy projects, which aims to ensure that...

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Utility is the title of choice for decision makers at all levels of water and energy utilities, as well as other major players like consulting engineers and first-tier contractors. Utility is integrated across print and online, and explores the biggest news and issues across the utility industry. It is Australia’s only dedicated utility magazine, and covers all areas of the utility sector, including water and sewer, gas, electricity, communications and the NBN.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Utility

  • About
  • Advertise
  • Subscribe
  • Contact
  • Digital magazine
  • Events
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Water
  • Electricity
  • Projects
  • Water and Wastewater Treatment
  • Spotlight
  • Civil Construction
  • Renewable Energy

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
  • About
  • Advertise
  • Subscribe
  • Contact

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited