Indonesia Renewables Report

Published 26 August 2015

  • 38 pages
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  • Includes 3 free updated quarterly reports
Indonesia Renewables Report

BMI View: Indonesia's renewables industry expansion will be driven by growth in the geothermal segment, resulting in Indonesia emerging as Asia's largest geothermal market by the end of our forecast period in 2024. Although there is significant potential for other renewables technologies, the regulatory environment is less conducive for investment when compared to geothermal; however, we highlight that there is scope for off-grid decentralised solar energy.

There are a number of strong fundamentals driving growth in Indonesia's renewables industry, including the pressing need to meet growing electricity demand across the country, the government's strong commitment to diversifying the power mix through the adoption of renewable energy, and Indonesia's geographic characteristics which favour renewable electricity generation. This is reflected in our constructive 10-year growth forecasts for both non-hydro renewables generation and capacity. We expect annual average growth rates in non-hydro renewables generation to be 12.1%, resulting in a doubling of non-hydro renewables generation in the country by 2024; similarly we expect non-hydro renewables capacity to surge from a current level of just under 2GW to 4.4GW by 2024.

Key T rends And Developments

  • In June 2015, Japan-based Inpex Corporation purchased a minority stake in the 330MW Sarulla geothermal power project in Indonesia. The Japanese firm acquired a 49% interest in a subsidiary of Medco Power Indonesia, which in turn owns a 37.25% stake in the project's developer Sarulla Operations. The USD1.6bn Sarulla project is currently under construction and is expected to start operating in 2016 and achieve full capacity by 2018.

  • It has been reported that in May 2015, Jokowi launched the first major wind power project in Indonesia, which will be constructed in Bantul, Yogyakarta. It will be built by a JV company of PT Binatek Energi Terbarukan and UPC Renewables Indonesia. The plant will have a capacity of 50MW...

BMI Industry View
Industry Forecast
Indonesia Renewables Forecast Scenario
Table: Total Electricity Generation Data And Forecasts (Indonesia 2013-2018)
Table: Total Electricity Generation Data And Forecasts (Indonesia 2019-2024)
Table: Electricity Generating Capacity Data And Forecasts (Indonesia 2013-2018)
Table: Electricity Generating Capacity Data And Forecasts (Indonesia 2019-2024)
Indonesia Renewables Projects Database
Table: Indonesia Renewables Key Projects
Industry Risk Reward Index
Indonesia Renewables Risk/Reward Index
Market Overview
Sustainable Energy Policy And Infrastructure
Targets (Renewables And Emissions)
Competitive Landscape
Perusahaan Listrik Negara (PLN)
Origin Energy
Tata Power
Table: Glossary Of Terms
Methodology And Sources
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Renewables Risk/Reward Index Indicators
Table: Weighting Indicators

The Indonesia Renewables Report researched at source contains BMI Research's assessment of the current renewables market in Indonesia. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).

The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Indonesia, their capacity, the timeframe of construction and their current status.

The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Indonesia, together with a detailed summary of the main utilities and manufacturers present and their business operations.

BMI's Indonesia Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Indonesia renewables industry.

Key Benefits

  • Benchmark BMI's independent renewables industry forecasts for Indonesia to test other views - a key input for successful budgeting and planning in the renewables market.
  • Target business opportunities and risks in the Indonesia renewables sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in the country.


BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Indonesia, regulatory changes, major investments and projects and significant multinational and national company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the renewables sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.

These in turn are broken down into:

Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.

Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.

These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.

Business Environment Rankings

BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.

The rankings methodology makes sophisticated use of various industry, economic and demographic data point.

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