Luisa Ryan, ABS head of environment statistics, said, ‘Household use of energy fell by 3.4% to 980 PJ in the 2023-24 financial year, driven by a 15.1% fall in natural gas usage. Electricity usage remained flat, with most other energy products recording small decreases.’
Energy net use by industry fell by 0.1% to 4,711 PJ. This reflected lower energy use in the manufacturing industry, which fell 6.1%. This fall was offset by rises in the transport industry (up 10.6 %) and the commercial and services sector (up 3.2%).
“Renewable energy production in Australia continued to grow in the 2023-24 financial year, with solar energy production rising by 15.9% and now accounting for 51% of renewable energy,” Ryan said.
There were small falls in the production of other renewables, including wind energy (down 1.8%) and hydro energy (down 10%).
Energy exports rose by 3.1% to 17,927 PJ in 2023-24, driven by black coal exports.
Black coal remained Australia’s largest energy export, growing by 4.8% to 9,906 PJ.
Liquefied natural gas (LNG) remained our second biggest energy export despite falling for the second year after a decade of strong growth, down 0.8% to 4,481 PJ.
Further information on national estimates of energy assets, physical supply and use of energy products, and the monetary use of energy products by industry can be found in Energy Account, Australia 2023-24.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.