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オーストラリア水力発電市場 2025 | 2034年までに34.7GWに達する

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Market overview

The Australian hydropower market is forecast to reach 31.0 GW in 2025 and expand to 34.7 GW in 2034, growing at a compound annual growth rate (CAGR) of 1.25% during the forecast period 2026-2034. This growth is driven by increasing focus on power system stability and sustainable energy goals. Community-led projects and smart grid integration are supporting the growing demand for clean and decentralized energy solutions, further fueling market expansion.

For more information, visit the Australian Hydroelectric Power Market: https://www.imarcgroup.com/australia-hydroelectric-power-market

How AI will change the future of Australia's hydropower market

  • AI will increase the efficiency of pumped hydro projects such as the Capricornia Energy Hub, optimizing energy storage and supply management for a 750MW capacity with 16 hours of storage.
  • AI-powered automated control systems and digital monitoring have improved the performance of power plants such as Cleanco's 570 MW Wivenhoe power station, which generated 199 GWh of electricity using pumped hydro technology.
  • AI-powered predictive maintenance reduces downtime and operational costs by monitoring asset health in real time and detecting faults.
  • Integrating AI into hybrid renewable energy projects can efficiently manage the various inputs from solar, wind, and hydropower to stabilize energy output.
  • AI will optimize reservoir use and promote better water resource management amid climate change that affects river flows and water availability.
  • AI-powered data analytics and smart grid technologies will facilitate decentralized energy distribution and community-led hydropower initiatives, enhancing rural electrification.

Get a sample PDF of this report: https://www.imarcgroup.com/australia-hydroelectric-power-market/requestsample

Growth drivers for Australia's hydropower market

Government incentives play a key role in accelerating the growth of Australia's hydropower market. The government supports the hydropower sector through renewable energy targets, subsidies, and tax incentives, lowering the barrier to financing for both public and private investors. These incentives often favor environmentally sustainable projects and encourage the adoption of advanced technologies that maximize energy output while minimizing ecological damage. Funding programs encourage research and innovation, as well as feasibility analysis, and foster long-term investment. This stable policy environment not only attracts domestic and international investment, but also contributes to achieving Australia's renewable energy targets, promoting a low-carbon and reliable energy supply, and stimulating economic development.

Technological advances are a major driver, with innovations in turbine design, automated control systems, and digital monitoring contributing to improved operational efficiency. Modern turbines can generate more power despite fluctuations in water flow, and AI-powered real-time monitoring and predictive maintenance reduce costly downtime. Advanced water management systems enable sustainable power generation while minimizing environmental impact. These improvements extend the life of existing infrastructure, reduce energy losses, and assist with compliance with sustainability standards. Collectively, these technologies optimize production costs and reliability, playing a key role in Australia's transition to a cleaner energy grid.

Rural electrification and community-based energy initiatives offer a significant growth avenue by expanding hydropower access to off-grid and rural areas of Australia. Small-scale, community-led hydropower projects provide a sustainable and reliable source of energy, promoting economic development and contributing to society by powering local institutions and businesses. Community participation in planning and operation builds skills and promotes energy resource stewardship. These projects reduce reliance on fossil fuels and contribute to achieving carbon reduction targets. By integrating hydropower into its rural energy strategy, Australia is improving energy equity, building a resilient rural electricity grid, and ensuring remote residents have continuous access to clean energy.

Segmentation of the Australian Hydropower Market

Insights into types of hydroelectric power plants:

  • Large-scale hydroelectric power plants (over 25MW)
  • Small hydroelectric power plants (1-25MW)
  • Micro hydroelectric power plant (maximum 1MW)

Component Insights:

  • turbine
  • generator
  • Transformers
  • Control System

End-use insights:

  • Residential
  • commercial
  • industry

Regional Insights:

  • Australian Capital Territory and New South Wales
  • Victoria and Tasmania
  • Queensland
  • Northern Territory and South Australia
  • Western Australia

Key Players

  • Gamuda
  • Ferrovial
  • Cleanco
  • Evolutionary Mining
  • Stanwell Corporation

Recent Trends and News

  • May 2025: Evolution Mining will proceed with the A$7 billion Mount Rawdon Pumped Storage Project in Queensland, delivering 2GW/20GWh of storage capacity. The facility will support Queensland's renewable energy transition and positively impact the hydropower market by providing reliable generating capacity and reducing electricity costs.
  • October 2025: Stanwell Corporation, in collaboration with a global hydropower operator, progressed the acquisition of the 400MW Cressbrook Pumped Hydro Energy Storage Project, due to be operational by 2033, strengthening Queensland's energy storage capacity and facilitating the integration of renewable energy.
  • January 2025: Gamuda and Ferrovial sign an agreement to build a 750MW pumped hydro energy storage project as part of the 1.4GW Capricornia Energy Hub near Mackay, Queensland. The project will provide 16 hours of energy storage, enhancing grid stability and clean energy targets.

If you require specific information that is not currently within the scope of the report, we can provide it as part of the customization.

https://www.imarcgroup.com/request?type=report&id=36300&flag=F

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