Forecast: Total Renewable Energy in Indonesia

The forecast for total renewable energy in Indonesia shows a steady decline from 2024 to 2028. Starting at 47.69 Million Tonnes Of Oil Equivalent in 2024, it decreases each year, reaching 44.96 by 2028. This represents a year-on-year decline of about 1.5% to 2% on average. When comparing the actual data of 2023 with the forecasted data for 2028, this indicates a consistent negative trend, with a 5-year CAGR showing an average annual decrease in renewable energy capacity.

Future trends to watch for include the potential impact of government policy changes, technological advancements in renewable energy, and investments in infrastructure to support a more sustainable energy mix. Monitoring these factors can provide insights into whether the declining trend can be reversed or mitigated.