GlobalData’s report on Indonesia’s power market trends and analysis projects a significant growth in renewable energy capacity, reaching 38.1GW by 2035, with solar PV, onshore wind, and geothermal energy leading the transition. The country aims for 44% renewable electricity by 2030, supported by updated frameworks and regulations.

Solar PV capacity in Indonesia is expected to surge to 23.2GW by 2035, driven by various projects and programmes. Onshore wind capacity will rise to 2.6GW, while geothermal capacity will steadily expand to 5.5GW by leveraging Indonesia’s resources and fiscal support. The country is accelerating its clean energy shift with supportive frameworks and regulations.

Despite rapid renewable growth, Indonesia’s power mix in 2035 will still be dominated by thermal sources to maintain stability and reliability. Coal-fired capacity is projected to increase to 61.4GW, with gas-fired capacity also expanding. The country aims to balance renewables with thermal sources to ensure consistent power supply across its diverse island grids.

Indonesia’s power system is evolving towards a more diversified and secure energy mix by 2035, focusing on scaling up renewables while maintaining thermal stability. With a dual-track approach of renewable expansion and thermal support, the country is on track to meet its renewable energy goals and enhance grid reliability for the future.

Read more at Yahoo Finance: Indonesia’s renewable power capacity to reach 38.1GW in 2035