Forecast: Share of Renewable Electricity Generation in Indonesia

The data reveals a fluctuating yet generally upward trend in the share of renewable electricity generation in Indonesia from 2013 to 2023. Notably, the value reached 17.27% of total electricity output in 2023. From 2016 onwards, we observe positive growth despite occasional minor declines, with particularly strong gains in 2018. Over the last two years, the year-on-year variation was 1.7% and 1.63%, while the last five years’ CAGR stands at 6.23%.

Looking ahead, forecast data suggests continued steady growth with a forecasted five-year CAGR of 1.15% and a cumulative growth rate of 5.9% by 2028. Noteworthy future trends include the potential impacts of evolving regulatory frameworks, technological advancements, and investment flows in the renewable energy sector.