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Jakarta Post

[ANALYSIS] Unlocking the value of RI's substantial renewable energy potential

Green energy target: A worker inspects solar panels on top of the Energy and Mineral Resources Ministry Electricity Directorate General’s office, in Jakarta, on Monday. The government is drafting a presidential regulation on renewable energy and energy conservation that will set a 23 percent renewable energy target for the country’s energy mix.(JP/Dhoni Setiawan)
Alex Dolya and Marko Lackovic
PREMIUM
Jakarta   ●   Sat, April 10 2021

Asia-Pacific’s (APAC) renewable energy capacity will grow substantially over the next decade, projected to expand 7 percent annually, adding 2 terawatts of capacity by 2030. This growth will be driven by rising populations, strong economic prospects and lucrative potential in a market with relatively low renewable penetration.

Southeast Asia will itself be a vital part of this growth journey, with electricity demand expected to grow at twice the global average over the coming years. The region’s overall electricity demand is expected to double by 2040. As Southeast Asia’s largest economy and most populous nation, Indonesia will be pivotal in dictating the direction of that growth. Total installed renewable capacity in Indonesia is expected to triple from 8 gigawatts (GW) to 24 GW by 2030, revealing the potential for green energy to drive electricity supply ...

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