The report summarises the 20-year electricity forecast for the National Energy Market. The forecasts examine weak, neutral and strong growth scenarios, based on a range of economic and sectoral factors, including economic growth, consumer confidence, population growth, oil and gas prices, technology and energy efficiency uptake (and impact), and climate policy impacts. Forecasts include forward-estimates for annual operational consumption, minimum demand and peak demand (noting that operational consumption refers only to electricity supplied by scheduled, semi-scheduled and significant non-scheduled generators).

The report explores key trends and drivers for the provided forecasts, including a review of rooftop PV and battery storage, energy efficiency, new customer connections, the uptake and use of electric appliances, customer fuel-switching behaviours, residential electricity price trends, and climate. For the business sector specifically, the impact of Queensland's LNG export industry is considered and a brief review of key industry sectors is provided (including aluminium, steel, automotive, coal, manufacturing and water desalination).

Please review the important notice in the front section of the report, which describes appropriate uses of the report and related data.

Note that AEMO published an update to this report (available from the same website). The update revises down the Queensland forecasts based on new information about the Boyne Island Smelter and the Queensland LNG sector.