The Australian Energy Regulator’s (AER) State of the energy market 2025 provides a detailed review of Australia’s electricity and gas markets.
It highlights key trends, price movements, and major changes in the National Electricity Market and east coast gas markets, offering insights into how these shifts affect consumers.
This year’s edition covers developments across the whole energy sector such as Australia's energy transition and the growth of renewable generation, changes in demand patterns, and evolving market conditions in both electricity and gas.
The report draws on data, analysis and market performance indicators to give a clear picture of what happened in 2024, helping industry, government and consumers understand the drivers shaping today’s energy market.
State of the energy market 2025 is designed for anyone who wants a clear, data-driven view of Australia’s energy markets, from new readers to industry professionals.
Supporting data and charts for this report are available as downloadable Excel files.
To inform future reporting, we welcome your feedback on how you use the report, which aspects are most useful to you, and how it could be improved. Please email marketperformance
aer [dot] gov [dot] au. We may also correct any errors brought to our attention.