New monetary use estimates
Monetary use of selected energy products by households have been re-introduced with this release.
Energy Account, Australia
Latest release
Estimates of energy supply and use by industry and households
Reference period
2024-25 financial year
Released
29/10/2026
Release date and time
29/10/2026 11:30am AEDT
Key statistics
Australia’s net physical energy use decreased by 2.8% in 2024-25 to 23,037 petajoules (PJ).
- Energy exports decreased by 3.1% to 17,363 PJ
- Industry energy (net) use decreased by 1.2% to 4,642 PJ
- Household energy use increased by 0.3% to 998 PJ.
Physical energy net supply
Australia's energy was supplied from:
- Domestic production, i.e. commodities extracted from the environment (20,728 PJ)
- Imported products (2,309 PJ).
The main sources of domestic energy production from natural sources were:
- Black coal (10,607 PJ of which 92% was exported)
- Natural gas (5,669 PJ of which 77% was exported as LNG)
- Uranium (2,669 PJ of which 89% was exported and 11% added to inventories)
- Crude oil, condensates and other petroleum products (680 PJ of which 83% was exported)
- Brown coal (392 PJ of which 100% was used for domestic production of electricity).
Renewable energy supply
The production of renewable electricity continued to increase (up 9.7% to 372 PJ) due to growth in wind and solar energy production. Wind energy output increased after recording its first decline in the previous year, whereas hydro output decreased for the third consecutive year.
Renewable energy sources supplied 37% of domestic electricity use in 2024-25, up from 34% in the previous year. The main renewable sources in 2024-25 were:
- Solar energy up 11% to 191 PJ
- Wind energy up 15% to 130 PJ
- Hydro energy down 5.6% to 51 PJ.
Physical energy net use
Energy net use by industry was down 1.2% to 4,642 PJ:
- Manufacturing energy net use down 5.6% to 992 PJ
- Electricity, gas, water and waste energy net use down 3.0% to 1,207 PJ.
This was offset by:
- Construction energy net use up 13.9% to 188 PJ
- Transport, postal and warehousing energy net use up 4.1% to 656 PJ.
Energy net use by households was up 0.3% to 998 PJ.
Monetary use of energy products by industry & households
Reintroduction of monetary estimates
Monetary use of selected energy products by households have been re-introduced with this release. Monetary use of main energy products by industry was re-introduced in the previous account. Household monetary use estimates are presented in nominal values, with estimates for the main products, excluding liquefied petroleum gas, available back to 2010-11.
These estimates are broadly comparable with data supplied in the ABS national accounts supply use tables, although differences may exist where product and industry classifications are not the same.
Note: Average prices can be calculated from the physical and monetary energy data. Users should be aware that average unit prices may not provide accurate estimates of price change, as an average unit value will reflect both price change and changes in the product mix. ABS produces a range of consumer and producer price indexes that measure price change over time. These can be sourced in:
Valuing energy products used by industry and households
The value of energy products used by industry and households is defined as the total quantity of products used (which includes purchased energy plus energy produced for own use) multiplied by the average cost of that product i.e. purchase price (excluding GST). Products produced for own use e.g. own account production, are valued using the average cost reported by businesses purchasing these products and using the feed in tariff for households use of own produced electricity. Average unit values will reflect both price change and changes in the product mix.
Monetary value of energy products used by industry
The monetary value of the main energy products used by industry fell by 4.8% in 2024-25 to $150.9b. This was the second fall after reaching a peak of $159.2b in 2022-23.
- The value of diesel and fuel oil used by industry decreased by 12.5% to $42.5b
- The value of natural gas used by industry decreased by 2.2% to $41.3b
This was offset by:
- The value of electricity used by industry increased by 3.7% to $33.6b.
Monetary value of energy products used by households
The monetary value of the main energy products used by households fell by 7.4% in 2024-25 to $56.2b.
- The value of petrol used by households decreased by 8.6% to $23.3b
- The value of electricity used by households (net of Government rebates) decreased by 10.4% to $18.9b
- The value of diesel and fuel oil used by households decreased by 7.9% to $5.0b.
This was offset by:
- The value of natural gas used by households increased by 3.5% to $8.9b.
The value of electricity used by households is net of Government rebates
Industry energy intensity
Energy intensity is the ratio of energy consumed (GJ) per unit of economic output (GVA). This ratio has decreased from an average of 1,835 GJ/GVA ($m) in 2023-24 to 1,779 GJ/GVA ($m) in 2024-25.
Energy intensity of selected industries:
- Electricity, gas, water and waste services down 5.1% to 19,730 GJ/GVA ($m)
- Manufacturing down 5.0% to 6,763 GJ/GVA ($m).
This was offset by:
- Mining up 0.6% to 3,421 GJ/GVA ($m)
- Transport, postal and warehousing up 0.5% to 5,239 GJ/GVA ($m).
Energy stocks
The total stocks of economically demonstrated energy resources fell by 0.6% in 2024-25.
- Black coal stocks down 1.5% to 1,933,200 PJ
- Natural gas stocks down 4.4% to 153,336 PJ.
This was offset by:
- Uranium stocks up 2.1% to 726,768 PJ.
Defining economically demonstrated energy resources
Economically demonstrated energy resources consist of known deposits of coal, oil, gas or other fuels and metallic ores, and non-metallic minerals, etc., that are economically exploitable given current technology and relative commodity prices.
Changes in this issue
This publication includes new information on the monetary value of the main energy products used by households, and this is included in the data downloads in table 5.
Users should note that data in this release may differ from previously published results due to the incorporation of new and revised source data. Revisions include, but are not limited to, some estimates of household and industry use of diesel and petrol, as well as broader business use of energy products within the commercial and services industries for 2022-23 and 2023-24, where updated data became available.
Data downloads
Energy Account, Australia, 2024-25
Data files
Table 1. Australian energy indicators
Table 2. Australian energy stocks
Table 3. Australian physical supply and use of energy
Table 4. Australian physical total use of main energy products by industry and households
Table 5. Australian monetary total use of main energy products
Methodology
Scope
The Energy Account, Australia (EAA) includes:
- The supply and use of energy, including imports and exports, within the Australian economy.
- Energy assets
- Data compiled in physical terms for supply and use (PJ) and monetary terms for use ($).
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 accounts include the first set of household monetary estimates produced since the release of the 2021-22 accounts. Some physical data has been revised due to the availability of new or revised data or further process improvements.