Asia-Pacific
With a power score of 2.01, Indonesia ranks number 45 among Emerging Markets and number 12 in the Asia-Pacific region
Power score
2.01/5
Score over time
2021 - 2024
Indonesia has a power score of 2.01, which puts it at rank 45 in the Emerging Markets power ranking. In comparison to 2023, Indonesia has improved in the power rankings by 22 places, from rank 67, to rank 45.
At 2.01, the power score of Indonesia is better than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 12 in the region.
Indonesia implements policies in 8/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in tariff, Net metering, Import tax incentives, VAT incentives, Priority grid access, and Renewable Energy Certificates.
The average electricity price in Indonesia has dropped from 77.74 USD/MWh in 2022 to 76.47 USD/MWh in 2023. Since 2017, the average electricity price in Indonesia has fluctuated between 76.22 USD/MWh (2020) and 84.38 USD/MWh (2017).
The top amount of capacity installed in Indonesia in 2023 was in Coal at 50.42%, down from 51.82% in 2022. The technology with the biggest increase in capacity installed in 2023 was Natural Gas at 27.91%, up from 26.33% in 2022.
The top amount of electricity generated in Indonesia in 2023 was in Coal at 62.31%, down from 63.27% in 2022. The technology with the biggest increase in electricity generated in 2023 was Natural Gas at 16.8%, up from 15.02% in 2022.
Investment in clean energy in Indonesia was around $497.99 million in 2023, an increase of 77.9% from 2022 ($279.93 million). Between 2018 and 2023, the highest investment in clean energy was in 2020 at $946.88 million, while the lowest was in 2022 with $279.93 million.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly�increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.