Market Research Report Australia Renewable Energy Market Demand,Australia | Page 2

volumes, reducing spending on electric equipment. Australia has shifted its
electricity utilities to wind and solar power generation and is aiming to
improve the growth in the electricity distribution and control apparatus
market.
Traditional fossil fuel power stations in Australia have been seen gradually
falling off due to the global climate changes and increased market pressure for
renewable energies. There has been a downfall in the demand for electricity
due to electrical industry restructuring, greater public awareness of energy
conservation, use of renewable energy, energy efficiency products and
consumer behaviour. These factors are also responsible for growth in
electricity distribution and control apparatus over the next 20 years.
Australia’s power stations are responsible for greenhouse gas emissions and
they are required to be replaced with low-emissions generation in an orderly
way. The country has large reserves of oil, gas and coal energy resources and
considers a wider array of options for electricity generation.
Australia believes that electricity generated should be plentiful, affordable,
reliable and quality electricity supply for industrial and social objectives. With a
combination of new technologies and lower emissions procedures, electricity is
generated with a secured successful energy approach. The electricity
distribution and control apparatus in Australia are electricity boards, consoles,
cabinets and other bases, other electrical components, switching and circuit
protection devices.
Nuclear energy is suggested as it has the potential to provide long-term energy
security with reduced emissions but it is not cost effective and satisfies existing
community concerns about safety and proliferation. Solar PV and wind
generation are the renewable electricity generation options influencing the
electricity market. Solar-thermal, hydro, geothermal, bio-mass, waste gas and
wave and tidal energy are other resources still under development.
The technological advancements in the manufacture of various distribution
and control apparatus are foreseen to direct a steady growth of the industry in