Indonesia Renewables Forecast Scenario
Fitch Solutions Sector Intelligence
THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Indonesia Renewables Forecast Scenario 25 May 2022 Indonesia Renewables Key View: We forecast non-hydropower renewables capacity in Indonesia to grow by an annual average rate of 5.0% between 2022 and 2031, to reach 7.4GW by 2031, with increasing upside risk particularly for the solar sector. This stems from a greater focus in the latest RUPTL 2021-2030, rising investor interests and developments in the solar sector over recent months, which could kickstart the industry in Indonesia. Maintaining Upward Trend Non-Hydropower Renewables Capacity, By Type, MW (2021-2031) e/f = Fitch Solutions estimate/forecast. Source: EIA, IRENA, national sources, Fitch Solutions Geothermal Dominates Non-Hydropower Renewables Generation, By Type, TWh (2021-2031) TOP Copyright © 1996-2022 by CyberTech, Inc. All rights reserved. Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.