Indonesia Renewable Energy Market Size, Growth, Demand, and Forecast 2025-2033

Indonesia Renewable Energy Market 2025-2033

As indicated in the latest market research report published by IMARC Group, titled “Indonesia Renewable Energy Market Report by Source (Solar, Wind, Hydro, Bioenergy, and Others), and Region 2025-2033,” this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

How Big is Indonesia Renewable Energy Market ?

The Indonesia renewable energy market size reached 52.33 TWh in 2024. Looking forward, IMARC Group expects the market to reach 112.99 TWh by 2033, exhibiting a growth rate (CAGR) of 8.93% during 2025-2033.

Indonesia Renewable Energy Market Trends:

Indonesia renewable energy market is seeing massive growth due to the government efforts of reducing the use and dependence on fossil energy and combating climate change. The country has plenty of natural resources including solar power, wind, hydro, and geothermal energy, and it is turning more attention to a sustainable form of energy in order to satisfy its growing demand of electricity. Specifically, geothermal energy has proved to become the major actor on the basis of the huge volcanic activities of Indonesia, making Indonesia at the forefront of this energy marketplace.

The solar energy is also gaining momentum and this has been encouraged with the lowering costs of technology and supportive policies of the government including incentives on the rooftop solar plants. Also, rural areas are developing their small hydro-projects to enhance access to energy and help decentralized energy systems. The international cooperation and investment in renewables are also increasing the push towards renewables, giving a boost to clean energy technology introduction in the archipelago.

Indonesia Renewable Energy Market Scope and Growth Analysis:

In spite of the above, there are still some issues to the full development of renewable energy potential in Indonesia. The speed of the implementation of a project is usually hindered by the grid infrastructure restrictions, regulatory issues, and limitations of financing especially in those areas where the realization of energy access is most significant. Nevertheless, the government is exploring these challenges actively by undertaking policy change and the formation of partnership between the government and the private sector. Bio energy and biomass are also taking a strong direction where the agricultural wasted produced by the country is going to be used to produce energy.

In parallel, projects on offshore wind are under discussion to use the strong winds along the coastline, but technical and environmental studies are currently in progress. Communities and community-related engagements as well as enlightenment on the issue of renewable energy is an aspect that is now highly regarded as key to the successful adaptation of renewable energy and also to make sure that the local people benefit in the process. Altogether, Indonesia renewable power market is in the positive growth path with innovation and sustainability as its key, which sets the horizon of green future.

Indonesia Renewable Energy Market Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the Indonesia renewable energy market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Download sample copy of the Report: https://www.imarcgroup.com/indonesia-renewable-energy-market/requestsample

Source Insights:

• Solar
• Wind
• Hydro
• Bioenergy
• Others

Regional Insights:

• Java
• Sumatra
• Kalimantan
• Sulawesi
• Others

Other Key Points Covered in the Report:

• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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