Product Code: ETC308195 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia extensive coastline and strong tidal currents offer significant potential for tidal energy generation. The market for tidal energy technologies is nascent but holds promise as a renewable energy source to complement Australia existing energy mix.
The Australia Tidal Energy Market is driven by the country`s vast coastline and abundant tidal resources, offering significant potential for renewable energy generation. Tidal energy technologies harness the kinetic energy of ocean tides to produce electricity, providing a predictable and sustainable energy source with minimal environmental impact. Government incentives, technological advancements, and the need to reduce dependence on fossil fuels contribute to the growth of the tidal energy market in Australia.
The tidal energy market in Australia confronts challenges related to high upfront costs, environmental impact assessments, and regulatory approvals. Addressing concerns about marine ecosystem disruption and stakeholder opposition requires extensive research and stakeholder engagement.
In the renewable energy sector, government policies may focus on incentivizing tidal energy projects through grants, subsidies, and feed-in tariffs. Environmental impact assessments, marine spatial planning, and regulatory frameworks for marine renewable energy deployment may also be implemented to ensure sustainable development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Tidal Energy Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Tidal Energy Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Tidal Energy Market - Industry Life Cycle |
3.4 Australia Tidal Energy Market - Porter's Five Forces |
3.5 Australia Tidal Energy Market Revenues & Volume Share, By Foundation Type, 2021 & 2031F |
3.6 Australia Tidal Energy Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Australia Tidal Energy Market Revenues & Volume Share, By Depth of installation, 2021 & 2031F |
4 Australia Tidal Energy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on renewable energy sources and sustainability initiatives in Australia |
4.2.2 Government support and incentives for the development of tidal energy projects |
4.2.3 Growing awareness about the environmental benefits of tidal energy over traditional fossil fuels |
4.3 Market Restraints |
4.3.1 High initial investment and development costs associated with tidal energy projects |
4.3.2 Technological challenges and uncertainties in the efficiency and reliability of tidal energy systems |
4.3.3 Limited availability of suitable sites for tidal energy installations in Australia |
5 Australia Tidal Energy Market Trends |
6 Australia Tidal Energy Market, By Types |
6.1 Australia Tidal Energy Market, By Foundation Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Tidal Energy Market Revenues & Volume, By Foundation Type, 2021-2031F |
6.1.3 Australia Tidal Energy Market Revenues & Volume, By Barrage, 2021-2031F |
6.1.4 Australia Tidal Energy Market Revenues & Volume, By Gravity Base, 2021-2031F |
6.1.5 Australia Tidal Energy Market Revenues & Volume, By Monopile, 2021-2031F |
6.1.6 Australia Tidal Energy Market Revenues & Volume, By Semi Submersible, 2021-2031F |
6.1.7 Australia Tidal Energy Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Tidal Energy Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Australia Tidal Energy Market Revenues & Volume, By Up To 100 K W, 2021-2031F |
6.2.3 Australia Tidal Energy Market Revenues & Volume, By 100 K W To 500 K W, 2021-2031F |
6.2.4 Australia Tidal Energy Market Revenues & Volume, By Above, 2021-2031F |
6.3 Australia Tidal Energy Market, By Depth of installation |
6.3.1 Overview and Analysis |
6.3.2 Australia Tidal Energy Market Revenues & Volume, By Shallow Water, 2021-2031F |
6.3.3 Australia Tidal Energy Market Revenues & Volume, By Transitional Water, 2021-2031F |
6.3.4 Australia Tidal Energy Market Revenues & Volume, By Deep Water, 2021-2031F |
7 Australia Tidal Energy Market Import-Export Trade Statistics |
7.1 Australia Tidal Energy Market Export to Major Countries |
7.2 Australia Tidal Energy Market Imports from Major Countries |
8 Australia Tidal Energy Market Key Performance Indicators |
8.1 Capacity factor of tidal energy projects |
8.2 Levelized cost of electricity (LCOE) for tidal energy generation |
8.3 Number of new tidal energy project developments |
8.4 Efficiency improvements in tidal energy technologies |
8.5 Environmental impact assessments for tidal energy projects |
9 Australia Tidal Energy Market - Opportunity Assessment |
9.1 Australia Tidal Energy Market Opportunity Assessment, By Foundation Type, 2021 & 2031F |
9.2 Australia Tidal Energy Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Australia Tidal Energy Market Opportunity Assessment, By Depth of installation, 2021 & 2031F |
10 Australia Tidal Energy Market - Competitive Landscape |
10.1 Australia Tidal Energy Market Revenue Share, By Companies, 2024 |
10.2 Australia Tidal Energy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |