In 2023, the energy consumption in ethanol production in Indonesia was recorded at 105.5 Thousand Tonnes Of Oil Equivalent. Based on forecasted data, the consumption is expected to rise steadily over the next five years, reaching 115.68 Thousand Tonnes Of Oil Equivalent by 2028. Year-on-year percentage variations indicate a consistent increase: 1.89% in 2024, 1.97% in 2025, 1.87% in 2026, 1.81% in 2027, and 1.74% in 2028. The compound annual growth rate (CAGR) for the period from 2023 to 2028 stands at approximately 1.86%.
Future trends to watch for include advancements in ethanol production technology, potential changes in government policies promoting renewable energy, and fluctuations in the global oil market which could impact the overall energy consumption in ethanol production. Monitoring these variables will be essential for accurate future forecasting and strategic planning.
