Energy productivity

The Australian economy grew by 1.9% in 2018–19 to reach $1.9 trillion. Australia’s energy consumption rose by 0.6% per cent in 2018–19 to reach 6,196 petajoules.

Energy productivity (gross domestic product (GDP) divided by energy consumption) improved by 1.3% in 2018–19, and by 19% over the past 10 years. Australia now creates $304 million in GDP for every petajoule of energy consumed, almost $50 million more than a decade ago.

This improvement reflects cumulative improvements in energy efficiency as well as a shift in the economy away from highly energy-intensive industries like manufacturing, towards less energy-intensive industries such as services. Increased use of renewable energy instead of combustion-based generation sources for electricity generation has also had a positive impact on energy productivity.

Australian energy intensity and energy productivity

There are 4 lines showing GDP, energy consumption, energy intensity and energy productivity. With an index scale on the y axis and years on the x axis. GDP is dark blue. It is increasing. Energy consumption is light blue it is flattening in recent years. Energy productivity is grey. It is increasing slightly. Energy intensity is teal it is decreasing.