Australia’s net physical energy use increased by 1.6% in 2023-24 to 23,693 petajoules (PJ).
- Energy exports increased by 3.1% to 17,927 PJ
- Industry energy (net) use decreased by 0.1% to 4,711 PJ
- Household energy use decreased by 3.4% to 980 PJ
- Renewable energy extraction (hydro, solar, and wind energy) increased by 4.9% to 341 PJ.
The monetary value of the main energy products used by industry (which includes purchased energy products and energy produced for own use) decreased by 0.5% in 2023-24 to $158.9b. This followed significant increases in 2021-22 (27%) and 2022-23 (18%).