$1.9bn
$XXX.Xm
1,712
24
$XXX.Xm
Hydro generators are dealing with volatile global and domestic energy markets, which has compelled regulators and governments to step in and stabilise the National Electricity Market (NEM) to ensure a stable electricity supply. In 2021-22 and 2022-23, global energy markets underwent significant turmoil as coal and gas prices soared. This flowed through to wholesale market prices, bolstering hydro generators' profit since they don't face the fossil fuel input costs that plague other generators. Following the COVID-19 outbreak, electricity wholesale prices plummeted amid weak domestic demand for electricity, which drove steep declines in annual revenue in 2019-20 and 2020-21. Prices have seen further volatility, which has led to sharp revenue fluctuations. Revenue is expected to increase at an annualised 10.0% over five years through 2024-25, to $1.9 billion. This includes an anticipated surge of 33.9% in 2024-25 as hydro generators are expected to garner stronger prices on the spot market.
Industry revenue has grown at a CAGR of 10.0 % over the past five years, to reach an estimated $1.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Hydro Tasmania | 752.0 | |
Snowy Hydro | 299.5 | |
AGL | 83.1 |
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Industry revenue is measured across several distinct product and services lines, including Electricity. Electricity is the largest segment of the Hydro-Electricity Generation in Australia.
Hydro-electricity is a stable source of renewable electricity
Industry firms generate electricity using hydro-electric generation processes. Firms that use pumped-storage generation processes are also included in the industry.
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ANZSIC 2612 - Hydro-Electricity Generation in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Investment is flowing to pumped hydro projects. Private and public sector investment is being channelled to pumped hydro schemes to firm up existing renewable energy sources.
Learn about an industry's products and services, markets and trends in international trade.
Hydro-electricity is a stable renewable technology. Using well-established techniques, hydropower leverages natural water resources to produce electricity in large-scale faci...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Tasmania relies on hydro-electricity generation. Tasmania’s extensive hydropower output contrasts with other states and territories, which use more coal, gas, solar and wind ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Geographic realities limit large-scale hydro generation. The distribution of viable hydro sites, coupled with the steep capital costs needed to establish new facilities, limi...
Learn about the performance of the top companies in the industry.
Hydro generators are expanding capacity to meet growing demand for renewable technologies. Pumped hydro schemes are growing in stature as firms commit to new projects to sati...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
A raft of regulatory bodies oversees the electricity supply chain. The Australian Energy Market Operator, Australian Energy Market Commission and the Australian Energy Regula...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Hydro generators capitalised on rising wholesale prices amid soaring coal and gas prices in 2021-22 and 2022-23. Profit spiked because hydro generators garnered high prices o...
Including values and annual change:
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Key data sources in Australia include:
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The market size of the Hydro-Electricity Generation industry in Australia is $1.9bn in 2024.
There are 24 businesses in the Hydro-Electricity Generation industry in Australia, which has declined at a CAGR of 1.6 % between 2019 and 2024.
The market size of the Hydro-Electricity Generation industry in Australia has been growing at a CAGR of 10.0 % between 2019 and 2024.
Over the next five years, the Hydro-Electricity Generation industry in Australia is expected to grow.
The biggest companies operating in the Hydro-Electricity Generation market in Australia are Hydro Tasmania, Snowy Hydro and AGL
Hydro-electricity generation and are part of the Hydro-Electricity Generation industry.
The company holding the most market share in Australia is Hydro Tasmania.
The level of competition is high and steady in the Hydro-Electricity Generation industry in Australia.