Indonesia energy report

• The country targets a share of renewables of 23% in the total primary energy supply in 2025 and of 28% in the power capacity in 2038.
• PLN dominates the electricity supply.
• IOCs provide most of the oil and gas production.
• A number of private players are active in the coal sector, which is fragmented.
• Coal dominates the power mix (62% in 2020) with a fast-growing market share (+ 22 points since 2010).
• Gas exports have been divided by 2 since 2010.
• Several measures have been taken to decrease the burden of energy prices subsidy on the economy.
• Energy consumption has increased by 3%/year on average from 2013 to 2019, and declined by around 5% in 2020.
• The share of coal in the energy mix has increased by 10 points since 2012 to 28%.
• According to the National Energy Outlook, energy demand is expected to increase by 5% per year by 2050.
• Indonesia will become a net importer of gas in the next decade.

• Institutions & Energy Policy

  The Ministry of Energy and Mineral Resources (ESDM or MEMR) is in charge of developing national resources and regulating state monopolies.

• Energy Companies

  Gas:

  Pertamina produced around 487 Mboe per day in 2019, -7% compared with 2018 and representing 40% of the country's production.

• Energy Supply

  Resources:

  The country's proven gas reserves are 2 605 bcm (end of 2019). Proven oil reserves are estimated at 427 Mt. The country also has large recoverable coal reserves of 26 Gt, mainly located in Kalimantan and in the south of Sumatra.

  Indonesia's potential geothermal reserves are estimated at around 17 GW.

• Energy Prices

  Oil:

  Since 2005, the price of oil products is fixed by the Ministry of Energy and the Ministry of Finance according to the market price ("MOPS" +5%, Mid Oil Platts Singapore) and a variable subsidy rate. In 2015, the Government announced the capping of subsidies for premium gasoline and diesel.

• Energy Consumption

  Total consumption per capita is 0.8 toe, while electricity consumption per capita is 970 kWh (2020).

  Total energy consumption has increased by 3.1%/year from 2013 to 2019, and declined by around 5% in 2020.

• Issues & Prospects

  The Energy Outlook 2019 by the National Energy Council projects the energy mix to 2050 as follows in the BAU scenario: oil 27%, gas 15%, coal 14%, primary electricity 34%, and other renewables 10%. The final energy consumption would reach 549 Mtoe in 2050.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

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Below is a list of the Indonesia energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2020, %)
• GRAPH 9: Final consumption market share by sector (2020, %)
• GRAPH 10: Oil consumption (Mt)
• GRAPH 11: Oil consumption breakdown by sector (2020, %)
• GRAPH 12: Electricity consumption (TWh)
• GRAPH 13: Electricity consumption breakdown by sector (2020, %)
• GRAPH 14: Natural gas consumption (bcm)
• GRAPH 15: Gas consumption breakdown by sector (2020, %)
• GRAPH 16: Coal consumption (Mt)
• GRAPH 17: Coal consumption breakdown by sector (2020, %)

In the Indonesia energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The Indonesia country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.