Key Market Indicators
Indonesia's electricity generation is projected to surge to approximately 414 terawatt-hours by 2028, up from around 346 terawatt-hours in 2023. This marks an average annual growth rate of 2.9%. Since 1990, the nation's electricity supply has seen a consistent increase of about 4% annually. In the global rankings for 2023, Indonesia held the 14th position, with Mexico narrowly leading at 346 terawatt-hours. The top spots were occupied by the United States, India, and Russia, which ranked second, third, and fourth, respectively.