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Australia's Electricity Market Sees Sea Change in Electricity Demand in Past Four Years

Australia

PERTH, AUSTRALIA--June 24, 2014--Researched by Industrial Info Resources India (Perth, Australia)--The electricity market in Australia has seen a drop in demand and consumption over the last four years. In the last three years, consumption by Australian households fell 12% when compared with 2011. The major factors that contributed to this decrease are an increase in household rooftop photovoltaic (PV) installations, energy-efficiency initiatives, and increasing electricity prices.