World Potential (AUSTRALIA)

Though the country experiences great variation in moisture levels and streamflow conditions, hydropower development in Australia has been an important factor in the country’s social and economic development. The Australian hydropower industry operates with a total installed capacity of 7261MW, with an average of 14 568GWh generated annually. Each region of the country has very different levels of production and potential of hydropower, each with individual regulations and power demands. Through a series of reforms intended to privatize the industry, the current trend in Australia’s power industry is a shift from state sponsored projects to private development. Privatization has been supported in an effort to reduce the demand on central governments financial resources and to foster competition. Energy assets, including power plants, are among the largest of the state-owned assets moving into the private sector. As a result, private power companies are finding increased investment opportunities in Australia’s growing power market.

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