The Feed-In Tariff (FIT) for Small Hydro Energy in Indonesia shows significant fluctuations over the last decade. The FIT value was $0.079 in 2013 and decreased until it reached a low of $0.062 in 2016. In 2017, it saw a sharp increase of 55.13%, picking up momentum into 2018. Since 2019, the value has stabilized around $0.091 to $0.1, standing at $0.11 in 2023.
Year-on-year variations have also been varied, with significant drops in the earlier years followed by more moderate increases since 2017. The Compound Annual Growth Rate (CAGR) over the last 5 years is 3.15%.
From 2024 onwards, forecasted data show a steady increase, reaching $0.12 by 2028, with a forecasted 5-year CAGR of 2.17%.
Future trends to watch for include potential policy changes, technological advancements in hydro energy, and market dynamics which may impact the overall stability and growth trajectory of the FIT for Small Hydro Energy in Indonesia.
