Indonesia

With a power score of 2.20, Indonesia ranks number 35 among Emerging markets and number 15 in the Asia-Pacific region.

Power score
2.20/5

Fundamentals3.10/5

Opportunities1.62/5

Experience1.00/5

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Ranking over time2.20/5

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Indonesia has a power score of 2.20, which puts it at rank 35 in the Emerging Markets power ranking. The power score of Indonesia is higher than the average of 2.17 in the Asia-Pacific region.

Regional comparison chart

In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.

Power

Power policy

Indonesia implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Tax incentives, REC'S - Renewable Energy Certificates, and Priority generation dispatch

Renewable energy target

Auctions/tenders (utility-scale)

Feed-in tariff/premium (utility-scale)

Support for customer-sited generation (rooftop and self-consumption)

Tax incentives

Renewables mandate/RPS/Supplier Obligation

REC'S - Renewable Energy Certificates

Priority generation dispatch

Power prices and costs

The average electricity price in Indonesia has decreased from ~$76/MWh in 2023 to ~$73/MWh in 2024. Since 2019, the average electricity price in Indonesia has fluctuated between ~$73/MWh in 2024 and ~$82/MWh in 2019.

Electricity prices in Indonesia (2019-2024)

Power market

The top amount of capacity installed in Indonesia in 2024 was in Coal at 54.79GW, up from 50.01GW in 2023.

Installed capacity (2019-2024)

Electricity generation (2019-2024)

The technology with the largest share of electricity generated in Indonesia in 2024 was Coal at 228.43TWh, up from 216.78TWh in 2023.

Investment in Indonesia (2019-2024)

Investment in clean energy in Indonesia was around $480.57M in 2024. This amounts to a decrease of around 2% from $489.60M in 2023.

Utility privatisation

Which segments of the power sector are open to private participation?

generation

transmission

retail

Doing business and barriers

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Currency of Corporate PPAs

Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

Fossil fuel price distortions - Taxes and carbon prices

Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?

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