The mean feed-in tariff for biomass energy in Indonesia saw significant fluctuations over the years, starting at $0.11 in 2013 and declining to $0.086 by 2015. The value then stabilized between $0.086 and $0.1 from 2016 to 2023. In 2023, it stood at $0.1. Year-on-year variations show substantial changes, with a notable decrease of 11.83% in 2014 and a growth of 12.04% in 2017. More recent trends reflect smaller year-on-year variations, around 2.29% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) was 2.38%. Forecast data suggests a stable mean feed-in tariff around $0.11 through 2028, with an expected 5-year CAGR of 1.58% and an overall growth rate of 8.16%.
Future trends to watch for include potential policy shifts and technological advancements in biomass energy that could impact tariff rates. Additionally, global energy market dynamics and Indonesia's regulatory environment may play crucial roles in influencing future tariff trends.
