Albany, New York, December 23, 2016: Market Research Hub has added a new report, titled “Hydropower in Indonesia, Market Outlook to 2030, Update 2016- Capacity, Levelized Cost of Energy (LCOE), Generation, Investment Trends, Regulations and Company Profiles” to its offerings. This report presents a comprehensive understanding of the Hydropower market in Indonesia which includes conventional thermal, nuclear, large hydro and renewable energy sources. It also provides future outlook with forecasts up to 2030.
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This report has been prepared to provide an overview on Indonesia renewable power market by highlighting installed capacity trends with its major active and upcoming hydro projects from the time period of 2006-2030, generation trends (2006-2030) and installed capacity split by various renewable power sources in 2015. These renewable power sources include wind (offshore and onshore), solar photovoltaic (PV), concentrated solar power (CSP), small hydropower, biomass, geothermal and biogas.
In Indonesia, energy needs are expected to keep increasing in line with the continued growth of the nation’s economy. With the escalating demand for energy, various companies and government authorities are keen to bind renewable energy from the country’s many rivers. According to the report, through the government support in conjunction with technology development is currently driving the global renewable power installations. Also, the Indonesians government’s is planning to emphasize coal and gas in the energy supply mix to focus on reducing both the cost of electricity production and the country’s current reliance on subsidized oil.
Like other forms of electricity generation, hydropower uses a turbine to help generate electricity; using the energy of falling or flowing water to turn the blades. It has been observed that, the opportunities for the development of hydropower itself are significant. These opportunities arise from the increased consumption of electrical power and the government’s efforts to boost the use of renewable energy, especially hydropower. The need for Indonesia to diversify its energy sources from using fossil energy is another a key factor.
The government is also supporting the operation of small-scale hydropower plants with capacities of less than 10 MW (mini/micro hydro). For the development of mini/micro hydro, the government has established an additional regulation in the form of feed-in tariff for IPP (independent power producers).
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Furthermore, company snapshots along with overview, business description, major products and services and SWOT analysis of the key participants in this market are also provided in the report. Key participants are:
- PT Pembangkitan Jawa-Bali
- PT PLN (Persoro)
- Perum Jasa Tirta
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