Hydroelectricity consumption in Indonesia has shown noteworthy variations over the past years. After a decline period in 2014 and 2015, consumption picked up in 2016, reaching 0.26 Exajoules in 2023. The YoY growth from 2022 to 2023 is 2.34%, while the 5-year CAGR leading up to 2023 stands at 4.93%. Projections from 2024 to 2028 indicate steady growth, with a forecasted 5-year CAGR of 3.58% and an overall anticipated increase of 19.2% in this period. Higher consumption targets are expected to be met by infrastructure expansion and efficient energy policies.
Future trends to watch for:
- Implementation of renewable energy policies could further boost hydroelectricity consumption.
- Technological advancements in hydroelectric power generation.
- Increased investments in hydroelectric infrastructure by government and private sectors.