State of the energy market 2023 is the AER’s annual summary of ‘the year that has been’ across electricity and gas supply chains, including wholesale markets, transportation and retail.
Australia’s energy systems are undergoing rapid technological and economic transition alongside national efforts to decarbonise the economy. To put annual analysis in context of the fundamental transformation taking place, Chapter 1 summarises major developments and challenges in progress towards the energy transition.
Chapter 2, the market overview, sets out a short summary of key outcomes. Chapters 3 through 7 set out analysis of each supply chain component. In combination, they give a broad and relatively comprehensive picture of market outcomes since publication of the last State of the energy market report, released in September 2022.