CATEGORY
Electricity
Beroe LiVE.Ai™
AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Electricity.
Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.
Category Alerts
Asia to face PE shortage in Q1 2023 due to maintenance activities.
January 30, 2023Dow Chemical’s globally reduced operating rates by 15%
September 12, 2022Capacity Addition for R- HDPE
July 25, 2022Become a Beroe LiVE.Ai™ Subscriber to receive proactive alerts on Electricity
Electricity Market Monitoring Dashboard
Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™
Electricity Industry Benchmarks
Savings Achieved
(in %)
The average annual savings achieved in Electricity category is 1.80%
Payment Terms
(in days)
The industry average payment terms in Electricity category for the current quarter is 85.0 days
Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™
Category Strategy and Flexibility
Engagement Model
Supply Assurance
Sourcing Process
Supplier Type
Pricing Model
Contract Length
SLAs/KPIs
Lead Time
Supplier Diversity
Targeted Savings
Risk Mitigation
Financial Risk
Sanctions
AMEs
Geopolitical Risk
Cost Optimization
Price per Unit Competitiveness
Specification Leanness
Minimum Order Quality
Payment Terms
Inventory Control
The World’s first Digital Market Analyst
Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions
Electricity Suppliers

Find the right-fit electricity supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.



Use the Electricity market, supplier and price information for category strategy creation and Quaterly Business Reviews (QRBs)
Electricity market frequently asked questions
China’s national demand is poised to surge at around 2-3% CAGR during 2019–2024. In addition, China is among the chief producers of renewable energy. In 2019, the country produced nearly 600 TWh of electricity from wind and solar power plants.
With the significant demand dip due to the COVID-19 pandemic, several electricity generators in Brazil have witnessed a decline in revenues. As such, the government raised a bail-out package of BR$ 14.8 Bn to help the electricity suppliers for contract settlement and utilization of the transmission system.
Australia’s electricity price decreased by around 14.6% and averaged about $43/MWh in August 2020. The key factors driving this trend were the notable rise in relatively low-cost offers, with a 2% decline in the operational demand.
Major end-users in Australia’s electricity market include automotive, residential, industrial, commercial, and healthcare sectors. While the electricity demand slumped considerably in the industrial and commercial domains, the residential load surged due to nationwide lockdowns. Further, the gradual resumption of automobile operations and constant demand from healthcare institutes will bring Australia’s electricity market back on track.
Brazil’s electricity consumption dropped during Q2 2020, amidst COVID-19-induced stressors, hitting suppliers’ bottom lines. However, the explosive usage of cooling appliances during the summer season is expected to keep the electricity demand intact.
The subsequent plant shutdowns during Q1 2020 amidst the COVID-19 crisis have drastically affected China’s electricity demand. However, Beroe’s analysis has highlighted demand recovery since Q2 2020.
Electricity market report transcript
China Electricity Market Overview
- The national demand is expected to grow at approx. 2–3 percent CAGR through 2019–2024
- The electricity market in China is a regulated market with the government controlling the majority of the assets in generation, transmission, and distribution of electricity
- The market currently has begun in phases, the transition distribution from regulated government entities to exploration of deregulation tools, like the whole sale power market
- China is one of the largest generators of renewable energy, In 2019, the country has generated about 600 TWh of electricity from solar and wind power plants in 2019
Demand Trends
- China is a largely industrial economy, which depend on the global exports. The country has faces some significant demand shocks, due to plant closured in Q1 2020. However, since Q2 2020, the demand has recovered
- Also, with the new concession in power, prices for small and medium enterprises will support power demand significantly
- The generation fuels, such as coal and natural gas, prices have significantly decreased during Q1 and Q2 period, when there were lockdowns in most of the countries that has affected consumption. However, the same has been recovering from Q2 and near pre-COVID levels in Q3 2020
Impact of COVID-19 on Electricity: China
- The electricity sector has recovered from a significant impact, as the industrial demand has recovered. Cost of generation also will recover, as the generation fuels, such as coal and natural gas, are expected to resume in exports
- The demand for electricity has recovered from mid Q2 in May–June as many industrial and export demand increased
- Prices are not hiked by the government as a measure to support and boost economic recovery
- Industrial power demand has crossed over an uncertain period, as the pandemic has been under control in China with low new infections
Brazil Electricity Market Overview
- The global power generation is expected to grow at approx. 2-2.5 percent CAGR through 2019-2024
- The APAC region, the largest consumers of electricity, would be the pivotal point for this growth amid covid induced pandemic
- Brazil is the largest electricity market in South America. The country is expected to increase its power generation by 1–3 percent in the next couple of years
Demand Trends
- Electricity demand declined in Q2 2020, affecting revenue generation by suppliers. Cooling demand during summer season in Brazil could contribute to the rise in electricity consumption
- Latin America- Electricity demand declined withrestrictions amid the pandemic. Demand is recovering with relaxation in lockdowns
COVID-19 Impact – Electricity (Brazil)
- About 65 percent of the electricity generation in Brazil comes from hydro sources, which is expected to have low impact from COVID-19 outbreak. Suppliers faced lower demand and decline in revenue. In the long term, investment in the sector could get affected with economic slow down.
- Government had to raise a bail out package of BR$ 14.8 billion to support electricity distributors for contract payment and usage of transmission network
Australia Electricity Market Overview
- As of August 2020, the electricity prices in Australia experienced a significant reduction compared to July 2020. Australia’s electricity price reduced by 14.59 percent and averaged at $43.22/MWh
- The key drivers of the low prices in Australia in 2020, especially in Q2 2020, was the significant increase in comparatively low-priced offers, along with a 2 percent reduction in operational demand
- Between Q2 2019 and Q2 2020, there was a progressive reduction in the price of marginal offers: in Q2 2020, 69 percent of marginal offers were priced below $45/MWh compared to just 33 percent of offers below $45/MWh in Q2 2019
- Overall, there was a 2,257 MW increase in low-priced offers (below $35/MWh) on average compared to Q2 2019, with increases occurring across every major fuel type
Demand Trends
- The large industrial load demand was broadly flat, also the commercial load was also significantly down (around 10–20 percent), however, the residential load increased owing to the lockdown, which almost offset the commercial load reductions, thereby indicating the lower prices from the Q3 2020.
- Market participants expect the prices to witness gradual upward variations, as the automobile companies have restarted their downstream activities. The gradual resumption in auto demand, continuing demand from medical sector.