The Indonesia power generation market is expected to reach US$63.6 bn
by the end of 2022. This market was recorded at US$14.1 bn in 2013
and is projected to expand at an 18.70% CAGR within a forecast period
from 2014 to 2022, as stated in a research report released by
Transparency Market Research. The report, titled “Power
Generation Market - Indonesia Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2022,” provides a clear picture of
this market’s future in terms of opportunities for expansion and
investment, as well as a map of drivers and restraints that can be
negotiated with.
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According to the report, the Indonesia power generation market is
expanding at a CAGR of 8.50% within the given forecast period, in
terms of generation capacity. The power generation totaled 44.4 GW in
2013 and is expected to reach 90.1 GW by 2022.
The report states that the primary driver of the Indonesia power
generation market is the constantly increasing demand for power in
the region. As per findings, the demand for electricity in Indonesia
is expected to grow from 206.5 TWh in 2013 to a projected 2022 value
of 442.5 TWh, exhibiting a CAGR of 9.10% in the given forecast
period.
The Indonesia power generation market has been segmented to improve
user perspective. It is segmented on the basis of the technology used
into combined cycle power generation, hydro power generation,
geothermal power generation, oil-fired power generation, natural
gas-fired power generation, and coal-fired power generation. Of
these, the Indonesia power generation market was led by coal-fired
power generation technology in 2013, when it was used to generate
nearly 54% of the overall electricity in the region. The report’s
authors expect this segment to retain its leading position throughout
the forecast period.
The report also provides details on the initiatives taken by the
government of Indonesia for cutting down greenhouse gas emissions and
to use renewable energy sources, especially geothermal power.
Indonesia has kept a target of 5.0 GW of geothermal energy to be
added to its overall capacity by 2025. 1.6 GW of geothermal energy
was harnessed in 2013, while the region currently houses a total
potential of 28.0 GW from geothermal sources.
The report also provides a detailed view of the competitive landscape
of the Indonesia power generation market. The country had stated a
target of doubling its power generation by the end of 2020. This has
caused a significant rise in generation and consumption rates in the
recent years. The government has also modified its investment
structure to suit its energy generation target. This has also given
rise to a large number of private players entering the Indonesia
power generation market.
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The Full Research Report
At:http://www.transparencymarketresearch.com/indonesia-power-generation-market.html
The key players in the Indonesia power generation market include PT
Indonesia Power, United Coal Indonesia, PT Jawa Power, Siemens AG, PT
Wartsila Indonesia, PT Geo Dipa Energi, PT Harum Energy Tbk., Chevron
Indonesia, PT Bumi Resources Tbk., PT Cirebon Electric Power, Hyundai
Engineering Co. Ltd., PT Pembangkitan Jawa-Bali, PT Pertamina
Geothermal Energy, PT Adaro Energy Tbk., Mitsubishi Heavy Industries
Ltd., PT Arutmin Indonesia, Asia Resource Minerals plc., and Medco
Power Indonesia.
Key
segments of the Indonesia Power Generation Market
Indonesia
Power Generation Market: Technology Analysis
Coal-fired
Power Generation
- Natural Gas-fired Power Generation
- Oil-fired Power Generation
- Geothermal Power Generation
- Hydro Power Generation
- Combined Cycle Power Generation
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