Forecast: Renewable Electricity Generation Excluding Hydroelectricity in Indonesia

In 2023, Indonesia's renewable electricity generation excluding hydroelectricity stood at 10.36% of the total electricity production. Based on forecasted data, it is anticipated to increase steadily with values of 10.7% in 2024, 11.04% in 2025, 11.37% in 2026, 11.69% in 2027, and 12.01% in 2028. This consistent rise indicates a positive growth trajectory. Year-on-year variations show percentages of approximately 3.19%, 3.02%, 2.99%, and 2.74% for the years 2025, 2026, 2027, and 2028 respectively. Over the forecast period, the CAGR reveals an average annual increase of about 2.91%.

Future trends to watch for include policy shifts towards green energy, technological advancements in renewable energy, and increased investments in renewable infrastructure. Monitoring these factors will provide insight into the sustainability and growth of Indonesia's renewable energy sector excluding hydroelectricity.