Energy Account, Australia

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Estimates of energy supply and use, including renewable energy use, end use, and energy stocks

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Reference period
2022-23 financial year

Key statistics

Australia’s net energy use increased by 2% in 2022-23 to 23,294 Petajoules (PJ).

  • Energy exports decreased by 2% to 17,434 PJ
  • Household energy end use increased by 3% to 1,009 PJ
  • Industry energy end use increased by 4% to 3,140 PJ
  • Renewable energy extraction (hydro, solar, and wind energy) increased by 12% to 325 PJ.

Supply

Australia's energy was supplied from: 

  • Domestic production, i.e. commodities extracted from the environment (20,997 PJ)
  • Imported products (2,298 PJ).

The main sources of domestic energy production from natural sources were:

  • Black coal (10,793 PJ of which 88% was exported)
  • Natural gas (5,738 PJ of which 79% was exported as LNG)
  • Uranium (2,563 PJ of which 100% was exported)
  • Crude oil, condensates and other petroleum products (830 PJ of which 80% was exported)
  • Brown coal (398 PJ which was mostly used for domestic production of electricity).

Renewable energy use

The production of renewable energy continued to increase (up 12% to 325 PJ) and it supplied 33% of domestic electricity use. The main sources of renewable energy in 2022-23 were:

  • Solar energy up 21% to 151 PJ
  • Wind energy up 9% to 114 PJ
  • Hydro energy down 2% to 60 PJ.

Energy end use

Energy end use by industry was up 4% to 3,140 PJ and energy end use by households was up 3% to 1,009 PJ.

  • Mining energy end use up 4% to 766 PJ
  • Transport, postal and warehousing energy end use up 19% to 569 PJ
  • Commercial and services energy end use up 2% to 553 PJ
  • Agriculture, forestry and fishing energy end use up 12% to 183 PJ

  • Construction energy end use up 8% to 178 PJ.

    This was offset by: 

  • Manufacturing energy end use down 4% to 718 PJ
  • Electricity, gas, water and waste services energy end use down 4% to 174 PJ.

Industry energy intensity

Energy intensity is the ratio of energy consumed (GJ) per unit of economic output (GVA). This ratio has increased from an average of 1,295 GJ/$M GVA output in 2021-22 to 1,304 GJ/$M GVA output in 2022-23. 

Industry energy intensity of selected industries:

  • Manufacturing down 4% to 5,214 GJ/$M GVA
  • Agriculture up 7% to 2,771 GJ/$M GVA 
  • Transport, postal and warehousing up 8% to 5,165 GJ/$M GVA. 

Energy stocks

The total stocks of economically demonstrated energy resources fell by 2.4% in 2023-24. 

  • Black coal stocks down by 3.8% to 1,860,300 PJ
  • Uranium stocks down 0.9% to 683,816 PJ
  • Brown coal stocks remained unchanged at 725,200 PJ
  • Natural gas stocks down 3.9% to 160,399 PJ.

Defining economically demonstrated energy resources

Economically demonstrated energy resources consist of known deposits of coal, oil, gas or other fuels and metallic ores, and non-metallic minerals, etc., that are economically exploitable given current technology and relative commodity prices.

Changes in this issue

Users should note that the data in this release may vary from earlier data published due to the use of new or revised data. Affected estimates include, but may not be limited to, household and industry use of electricity, petrol and diesel; hydrogen supply and use; crude oil, condensates and other petroleum products; and kerosene use and exports. Household electricity use has been updated to include improved estimates of electricity generated and used by the household. Information relating to these changes is included in the methodology section.

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Energy Account, Australia, 2022-23

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Methodology

Scope

The Energy Account, Australia (EAA) includes:

  • The total supply and use of energy, including imports and exports, within the Australian economy.
  • Energy assets
  • Data compiled in physical terms only (Petajoule (PJ)).

Geography

Data available for:

  • Australia only

Source

Information relating to supply and use of energy and energy products are sourced from a range of administrative and survey sources.

Collection method

The energy account is produced by balancing the supply and use of energy and energy products in the economy.

Concepts, sources and methods

The EAA is intended to show how energy products are supplied and used within the economy (i.e. how they are produced, imported, exported and used domestically) using the System of Environmental and Economic Accounting (SEEA) as its conceptual basis.

History of changes

These are the second estimates produced using an updated method introduced in the 2021-22 accounts. Some data has been revised back to 2010-11 due to the availability of new or revised data or further process improvements.

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