2013-12-27 06:32:48 - New Energy research report from Business Monitor International is now available from Fast Market Research
We are forecasting electricity generation in Indonesia to grow by 6.3% in 2014. This is lower than the 5-year historical average growth rate, which we attribute to slower economic growth and higher electricity prices. Our long-term growth forecasts for total electricity generation in Indonesia remain relatively unchanged, but we have significantly revised our long-term outlook for each of the different sources of electricity, based on a comprehensive review of the country's existing feedstock position and progress on the country's two Fast Track Programmes.
We are forecasting electricity generation in Indonesia to grow by 6.3% in 2014. This is lower than the 5-year historical average growth rate of 7.0%, which we attribute to slower economic growth and higher electricity prices. The slowing
economy has also prompted us to revise down our 2013 electricity generation growth estimate from 7.2% to 7.1%.
Full Report Details at
Our long-term growth forecasts for total electricity generation in Indonesia remain relatively unchanged, with generation expected to grow an average of 6.5% per annum between 2014 and 2022. However, we have significantly revised our long-term outlook for each of the different sources of electricity, based on a comprehensive review of the country's existing feedstock position and progress on the country's two Fast Track Programmes (FTPs). We expect the share of oil-fired generation to decrease significantly over our long-term forecast period (from 2014 to 2022), and see coal-fired generation and non-hydropower renewables replacing it.
Key trends and developments in the Indonesian electricity market:
* The Indonesian government has raised the price of electricity by 15% since the start of 2013. All four increments of 4.3% were implemented successfully in January, April, July, and October.
* Perusahaan Listrik Negara (PLN) has announced its intention to acquire coal mines, due to the strong historical and forecasted growth in coal consumption. Its subsidiary, PLN Batubara, will perform acquisitions with an expected budget of INR10trn (US$1.05bn) to finance acquisitions of entire mines or strategic stakes.
* The feed-in tariff for geothermal energy was raised for a second time in June 2013. As a result, we believe that private producers will be more interested in the sector, but that there is still room for further tariff increases.
* Industry reports suggest that Indonesia holds up to 76GW of hydropower potential, but the country has yet to embark on the large hydroelectric programmes seen elsewhere in the Asia Pacific region. The capital costs involved have most likely deterred investors that prefer to stick with conventional thermal schemes or embrace geothermal supply.
Report Table of Contents:
BMI Industry View
- Indonesia Snapshot
- Table: Country Snapshot: Economic and Demographic Data
- Table: Country Snapshot: Power Sector
- Indonesia Power Forecast Scenario
- Electricity Generation and Power Generating Capacity
- Table: Indonesia Total Electricity Generation Data And Forecasts, 2011 - 2016
- Table: Indonesia Total Electricity Generation Long Term Forecasts, 2017 - 2022
- Table: Indonesia Electricity Generating Capacity Data And Forecasts, 2011 - 2016
- Table: Indonesia Electricity Generating Capacity Long Term Forecasts, 2017 - 2022
- Electricity Consumption
- Table: Indonesia Total Electricity Consumption Data And Forecasts, 2011 - 2016
- Table: Indonesia Total Electricity Consumption Long Term Forecasts, 2017 - 2022
- Transmission & Distribution, Imports & Exports
- Table: Indonesia Electric Power Transmission And Distribution Losses Data And Forecasts, 2011 - 2016
- Table: Indonesia Electric Power Transmission And Distribution Losses Long Term Forecasts, 2017 - 2022
- Table: Indonesia Trade Data And Forecasts, 2011 - 2016
- Table: Indonesia Trade Long Term Forecasts, 2017 - 2022
Industry Risk/Reward Ratings
- Asia Pacific Power Risk/Reward Ratings
- Table: Factbox - Shortlisted Bidders For Project 3b
- Table: Asia Power Risk/Reward Ratings
- Indonesia Power Risk/Reward Rating
- Key Policies And Market Structure
- Regulation and Competition
- Sustainable Energy Policies
- Indonesia Power Projects Database
- Table: Key Projects Database
- Perusahaan Listrik Negara (PLN)
- Central Java Power
- Pertamina Geothermal Energy (PGE)
- Asia Pacific Regional Overview
- Table: Regional Real Gdp Growth, % CHG Y-O-Y
- Table: Glossary Of Terms
- Industry Forecast Methodology
- Risk Reward Rating Methodology
- Table: Power Risk Reward Rating Indicators
- Table: Weighting Of Indicators
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.