Business Monitor International

Indonesia Renewables Report

Published 28 November 2014

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

BMI View :   Non-hydropower renewables generation in Indonesia will grow by 5.8% in 2015, with growth occurring across the spectrum of renewable energy technologies. Our long-term outlook for the sector is also rosy as there are solid fundamentals for growth, particularly for geothermal. We expect a surge of geothermal capacity in the next three years.

Growth will occur across the spectrum of renewable energy technologies in 2015, with opportunities for project developers and equipment manufacturers in solar, geothermal, wind and biomass energy. Our long-term outlook for the Indonesian renewable energy sector remains bullish as we continue to see solid fundamentals for growth. We forecast non-hydropower renewable generation to grow by an average of 8.7% per annum between 2015 and 2023, which is significantly higher than our growth forecasts for conventional generation sources.

Key T rends And Developments

  • The government extended its feed-in tariff (FiT) scheme to include hydropower and biomass applications through Ministerial Regulation 04/2012. The scheme applies to projects with capacities below 10MW and offers differentiated rates based on location and technology.

  • On June 12 2013 the country's Energy and Mineral Resources Minister Jero Wacik announced that the geothermal FiT would be determined on a project-by-project basis via a reverse auction. The maximum tariff was to be increased to USD0.30 per kilowatt hour (kWh), and the minimum would be raised to USD0.12, up from the previous rate of USD0.10.

  • On July 5 2013 the government announced it was planning to use auctions to award solar energy projects. In the auctions, developers would bid based on the discount offered on the base tariff of USD0.25/kWh set by the government in early 2013.

Table of Contents

BMI Industry View
Industry Forecast
Indonesia Renewables Forecast Scenario
Table: Indonesia's Total Electricity Generation, Data And Forecasts, 2012-2017
Table: Indonesia's Total Electricity Generation, Long-Term Forecasts, 2018-2023
Table: Indonesia's Electricity Generating Capacity, Data And Forecasts, 2012-2017
Table: Indonesia's Electricity Generating Capacity, Long-Term Forecasts, 2018-2023
Indonesia Renewables Projects Database
Table: Indonesia Major Projects - Renewables
Industry Risk Reward Ratings
Indonesia Renewables Risk/Reward Ratings
Market Overview
Sustainable Energy Policy And Infrastructure
Targets (Renewables And Emissions)
Table: Renewable Feed-In Tariffs In Indonesia, 2013
Competitive Landscape
Perusahaan Listrik Negara (PLN)
Origin Energy
Tata Power
Table: Glossary Of Terms
Methodology And Sources
Industry Forecast Methodology
Risk/Reward Ratings Methodology
Table: Renewables Risk/Reward Rating Indicators
Table: Weighting Indicators

The Indonesia Renewables Report researched at source contains Business Monitor International (BMI)'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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'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc