Indonesia is the fourth most populous country in the world, and its population is expected to continue to grow in the coming decades. As the country's population and economy grow, demand for power also expected to increase. The national electricity supply business plan of Indonesia, projects that the country's electricity demand will grow at a rate of approximately 4.4% - 6.5% per year over the next decade. By 2030, the total electricity demand in Indonesia might be expected to reach 442 TWh.
The Indonesian government has set ambitious sustainability targets to meet the growing demand for energy while addressing climate change and reducing greenhouse gas emissions. One of the key targets is to achieve net zero emissions by 2060 or earlier. On its path to net zero the government also aims to increase the share of renewable energy in the national energy mix to 23% by 2025 and 31% by 2050, as well as improve energy efficiency and reduce carbon intensity in key sectors such as transport and industry.
As the largest emitter of greenhouse gases in Indonesia, accounting for 40% of emissions from fuel combustion in 2021, decarbonisation is essential in the power sector for Indonesia's efforts towards a more sustainable and low-carbon future.
The report examines the potential for renewable power production from various sources including:
- Hydropower
- Geothermal
- Solar
- Bioenergy
- Wind
It also looks in-depth at the key drivers in each sector, the challenges, investments and market opportunities. It concludes with recommendations for Swiss companies looking to enter the market and information about existing companies and projects
