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Electricity Market Australia

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    Electricity Market Australia Suppliers


    Electricity Market Australia Supplier

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

    Sample Supplier
    Company
    Air Products and Chemicals Inc.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

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    Up to 3 months

    1 9
    2
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    56

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    53
    Social
    55
    Governance
    65
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    58
    Community Environment
    46
    Corporate governance
    66
    Human resources
    51
    Security Scorecard
    89

    Threat indicators
    A
    91
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    B
    87
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    B
    88
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    100
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    airproducts.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    5
    Human Rights Issues
    0
    Production Supply Chain Issues
    1
    Environmental Non Compliance Flags
    6
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    0
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    0
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    48
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Electricity Market Australia market report transcript


    Regional Market Outlook on Energy Market in Australia

    The average electricity prices in Australia have increased over the last decade but some relief can be expected in the years 2018-2019 and 2019-2020. The wholesale prices have risen, since not enough was invested in new power generation capacities. This put strain on the existing plant to meet the increasing needs, thereby pushing the prices further.

    costmodel-energy-market-in-australia-market

    Electricity Prices Forecast

    • The cost of generation of electricity constitutes to about 25% of the electricity bill. This generation cost is the wholesale  price.
    • Electricity prices have increased firstly because increase in costs of production  from gas .
    • The state of Victoria and  Southern Australia saw closure of many old and inefficient power plants.
    • It is forecasted that the prices will reduce by at least 1-2% in the year 2019- 20

     Industry Structure and Outlook

    • Synergy, which is a government- owned generator/retailer, owns 38 percent of the capacity in the SWIS
    • The T&D sectors are highly regulated. A consumer, with more than 50 MWh annual consumption, has an option to get into a non-standard contract with any electricity retailer
    • Once the contract is signed between the consumer and retailer, electricity is supplied to the consumer through the available T&D network

    Porter's Five Forces Analysis 

    • The Australian electricity market is divided into generation, T&D sector, where the generation sector has both private and public players.
    • T&D sectors are operated by Western Power and Horizon Power
    • Large buyers have an option to avail the services from any of the supplier for procuring electricity

    Supplier Power

    • Synergy, a government utility, is a major supplier, with an average generation capacity of 48 percent of SWIS
    • The T&D sector is a monopoly of Western Power and Horizon Power, both regulated by the Australian government
    • Australia has abundant coal and natural gas resources, which is a major fuel used in electricity generation
    • Due to the monopoly of suppliers and abundant availability of resources, supplier power is high

    Barriers to New Entrants

    • High capital expenditure for establishing an utility company
    • West Australia has enough generation, T&D capacity than its current consumption. So, the existing players can easily satisfy any growing demand
    • Any new entrant needs to acquire customers of other companies

    Intensity of Rivalry

    • 65 percent of the total electricity consumed is generated by top two retailers in West Australia, with Synergy supplying ~50 percent of electricity consumed
    • The market is concentrated in nature, hence rivalry among the market players is less

    Threat of Substitutes

    • West Australia is heavily dependent on coal for its electricity generation
    • It has enough natural gas capacity to gradually substitute coal-based generation to meet clean energy requirements
    • The threat, due to unavailability of raw material, in case of regulatory change, is low

    Buyer Power

    • A large consumer of electricity can choose an electricity retailer, the choice is limited to seven retailers
    • This limits the buyer power in the market

    Energy Market Australia Overview

    • According to Australian energy market intelligence, electricity generation from wind and rooftop photovoltaic continues to increase causing an increase in power generation, whereas thermal synchronous generation, such as coal and gas-fired generation, is declining.
    • Consumption met by grid-supplied electricity is forecasted to remain relatively flat for the next 20 years, despite a projected 30 percent growth in population and projected growth in the Australian economy.
    • Despite an anticipated growth in population and economy in Australia, grid-supplied electricity consumption in the National Electricity Market is expected to grow below 1 percent for the next five years.
    • The increase in usage of the household appliances is likely to offset the improvement in the energy efficiency of the equipment, similarly, the growth of rooftop PV is also a major factor in keeping the consumption of grid-electricity flat around 15.4 TWh.
    • New South Wales, Queensland, and Victoria are the top three electricity consuming regions in the NEM with a share of 37 percent, 27 percent, and 24 percent, respectively.
    • Australian energy market analysis shows that for Australia, the renewable energy generation share is the highest from hydropower at 35.16 percent of the total renewable energy generation, followed by wind at 33.47 percent, solar at 24.28 percent, and so on
    • The energy market Australia met 21 percent of its total electricity generation from renewable sources in 2018.

    Why You Should Buy This Report

    • Information on the energy market Australia, structure, outlook, value chain, supply-demand, energy market analysis, key regulations, and policies, and other energy market intelligence.
    • Porter’s five forces analysis of the energy market Australia
    • Supplier landscape, profiles and SWOT analysis of key players like Alinta, etc.
    • Cost structure analysis, cost breakup, contract models, pricing analysis, etc.
    • Price trend and forecast, price drivers, cost comparison, etc.
    • Sourcing practices, supplier switching, etc.