18
REFERENCE CODE GDPE0723ICR | PUBLICATION DATE JULY 2014 INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

REFERENCE CODE GDPE0723ICR | PUBLICATION DATE JULY 2014

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS

AND COMPETITIVE LANDSCAPE

Page 2: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Executive Summary

Coal- and Gas-Based Thermal Capacity Dominates Power Mix

Coal-based thermal capacity dominated the

Indonesian power mix in 2013, with a share of

XX% of total installed capacity, followed by gas-

based thermal capacity, with XX%. Indonesia is a

leading country in terms of fossil fuel reserves of

coal and natural gas, hence the dominance of

fossil fuels in the power mix. Significant

contributions were also made by hydropower, with

a share of XX%, and oil-based thermal capacity,

with a share of XX%. Other renewable sources,

which include onshore wind, solar Photovoltaic

(PV), biomass, and biogas, together accounted for

XX% of the power mix.

Power Market, Indonesia, Breakdown of Cumulative Installed Capacity by Fuel Type (%), 2013

Coal (thermal)

Gas (thermal)

Hydropower

Oil (thermal)

Renewables (biomass, biogas,onshore wind, and

solar PV)

Source: GlobalData, Power Database [Accessed on June 27, 2014]

Continuous Increase in Annual Power Consumption and Generation

Annual electricity consumption continued to

increase, owing to rising demand from the

industrial, residential and commercial sectors. In

2000, annual electricity consumption was XX

Terawatt hours (TWh). It increased to XX TWh in

2013 at a Compound Annual Growth Rate (CAGR)

of XX%. Annual power generation also increased

between 2000 and 2013, from XX TWh to XX TWh,

at a CAGR of XX%. Most of the additional power

generated came from coal and gas.

Power Market, Indonesia, Annual Power Consumption and Generation (TWh), 2000–2013

2000 2007 2013

Annu

al p

ower

con

sum

ptio

n an

d ge

nera

tion

(TW

h)

Annual power consumption Annual power generation Source: GlobalData, Power Database [Accessed on June 27, 2014]

Page 3: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 4 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

1 Table of Contents

1 Table of Contents ....................................................................................................................... 4

1.1 List of Tables ...................................................................................................................... 7

1.2 List of Figures ..................................................................................................................... 8

2 Introduction ................................................................................................................................. 9

2.1 GlobalData Report Guidance ............................................................................................ 10

3 Indonesia, Power Market, Snapshot ......................................................................................... 11

3.1 Indonesia, Power Market, Macro-economic Factors .......................................................... 11

3.2 Indonesia, Power Market, Supply Security ........................................................................ 14

3.3 Indonesia, Power Market, Generation Infrastructure ......................................................... 15

3.4 Indonesia, Power Market, Transmission Infrastructure ...................................................... 16

3.5 Indonesia, Power Market, Opportunities............................................................................ 16

3.6 Indonesia, Power Market, Challenges ............................................................................... 17

4 Indonesia, Power Market, Market Analysis ............................................................................... 18

4.1 Indonesia, Power Market, Supply Structure ...................................................................... 18

4.2 Indonesia, Power Market, Key Market Players .................................................................. 18

4.3 Indonesia, Power Market, Financial Deals ........................................................................ 19

4.3.1 Deal Volume and Value Analysis, 2004–2013 ............................................................... 19

4.3.2 Deals by Type, 2013 ..................................................................................................... 20

4.4 Indonesia, Power Market, Demand Structure .................................................................... 21

4.4.1 Electricity Consumption by Sector, 2013 ....................................................................... 23

5 Indonesia, Power Market, Regulatory Scenario ........................................................................ 24

Page 4: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 5 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

5.1 Indonesia, Power Market, Key Electricity Policies ............................................................. 24

5.1.1 The Electricity Law ........................................................................................................ 24

5.1.2 The Energy Law No. 30/2009 ........................................................................................ 25

5.1.3 Regulation for Permitting Electricity Export and Import by PLN ..................................... 25

5.2 Indonesia, Power Market, Renewable Energy Development ............................................. 26

5.3 Indonesia, Power Market, National Coal Policy ................................................................. 26

5.4 Indonesia, Power Market, Nuclear Development Scenario ................................................ 27

5.5 Indonesia, Power Market, Foreign Investment Scenario ................................................... 28

6 Indonesia, Power Market, Capacity and Generation Overview .................................................. 29

6.1 Indonesia, Power Market, Cumulative Installed Capacity, Breakdown by Fuel Type, 201329

6.2 Indonesia, Power Market, Cumulative Installed Capacity and Annual Power Generation,

2000–2030 ........................................................................................................................ 30

6.2.1 Cumulative Installed Thermal Power Capacity and Annual Thermal Power Generation,

2000–2030 ................................................................................................................... 33

6.2.2 Cumulative Installed Hydropower Capacity and Annual Hydropower Generation, 2000–

2030 ............................................................................................................................. 37

6.2.3 Cumulative Installed Renewable Power Capacity and Annual Renewable Power

Generation, 2000–2030 ................................................................................................ 41

7 Indonesia, Power Market, Transmission and Distribution Overview .......................................... 46

7.1 Indonesia, Power Market, Transmission Overview ............................................................ 46

7.2 Indonesia, Power Market, Distribution Overview ............................................................... 47

7.3 Indonesia, Power Market, Grid Interconnection ................................................................. 49

8 Indonesia, Power Market, Competitive Landscape: Snapshot of Leading Power-generating

Companies ............................................................................................................................... 50

Page 5: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 6 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

8.1 Key Company in the Indonesia Power Generation Market, PLN ....................................... 50

8.1.1 PLN, Company Overview .............................................................................................. 50

8.1.2 PLN, Business Description ............................................................................................ 50

8.1.3 PLN, SWOT Analysis .................................................................................................... 52

8.1.4 PLN Strengths ............................................................................................................... 53

8.1.5 PLN Weaknesses .......................................................................................................... 54

8.1.6 PLN Opportunities ......................................................................................................... 55

8.1.7 PLN Threats .................................................................................................................. 56

9 Appendix................................................................................................................................... 58

9.1 Market Definitions ............................................................................................................. 58

9.1.1 Power ............................................................................................................................ 58

9.1.2 Installed Capacity .......................................................................................................... 58

9.1.3 Electricity Generation .................................................................................................... 58

9.1.4 Electricity Consumption ................................................................................................. 58

9.1.5 Coal-Fired Power Plant ................................................................................................. 58

9.1.6 Hydropower Plant .......................................................................................................... 58

9.1.7 Nuclear Power............................................................................................................... 58

9.1.8 Renewable Energy Resources ...................................................................................... 59

9.2 Abbreviations .................................................................................................................... 59

9.3 Bibliography ...................................................................................................................... 60

9.4 GlobalData’s Methodology ................................................................................................ 61

9.4.1 Coverage ...................................................................................................................... 61

9.4.2 Secondary Research and Analysis ................................................................................ 62

Page 6: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 7 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

9.4.3 Primary Research and Analysis..................................................................................... 62

9.5 Disclaimer ......................................................................................................................... 63

1.1 List of Tables

Table 1: Power Market, Indonesia, Gross Domestic Product ($bn), Population (million), and Annual Power

Consumption (TWh), 2000–2019 .................................................................................................... 14

Table 2: Power Market, Indonesia, Market Share of Power Generation Companies (%), 2013 ...................... 19

Table 3: Power Market, Indonesia, Deal Value ($bn) and Number of Deals, 2004–2013 ............................... 20

Table 4: Power Market, Indonesia, Share of Deals by Type (%), 2013 .......................................................... 21

Table 5: Power Market, Indonesia, Annual Power Consumption (TWh), 2000–2030 ..................................... 22

Table 6: Power Market, Indonesia, Power Consumption by Sector (%), 2013 ............................................... 23

Table 7: Power Market, Indonesia, Foreign Direct Investment ($bn), 2008–2013 .......................................... 28

Table 8: Power Market, Indonesia, Cumulative Installed Capacity Breakdown by Fuel Type (%), 2013 ......... 29

Table 9: Power Market, Indonesia, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),

2000–2030 ..................................................................................................................................... 32

Table 10: Power Market, Indonesia, Leading Active Thermal Power Plants, 2014 ........................................... 33

Table 11: Power Market, Indonesia, Leading Upcoming Thermal Power Plants, 2014–2020 ........................... 34

Table 12: Power Market, Indonesia, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal

Power Generation (TWh), 2000–2030 ............................................................................................. 36

Table 13: Power Market, Indonesia, Leading Active Hydropower Plants, 2014 ............................................... 37

Table 14: Power Market, Indonesia, Leading Upcoming Hydropower Plants (MW), 2014–2020 ...................... 38

Table 15: Power Market, Indonesia, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower

Generation (TWh), 2000–2030 ....................................................................................................... 40

Table 16: Power Market, Indonesia, Leading Active Renewable Power Plants, 2014 ...................................... 42

Table 17: Power Market, Indonesia, Leading Upcoming Renewable Power Plants, 2014–2020 ...................... 43

Page 7: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 8 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Table 18: Power Market, Indonesia, Cumulative Installed Renewable Power Capacity (GW) and Annual

Renewable Power Generation (TWh), 2000–2030 .......................................................................... 45

Table 19: Power Market, Indonesia, Growth in Transmission Line Length (Ckm), 2000–2020 ......................... 47

Table 20: Power Market, Indonesia, Growth in Distribution Line Network (Ckm), 2000–2020 .......................... 48

Table 21: PLN, SWOT Analysis...................................................................................................................... 52

Table 22: Abbreviations.................................................................................................................................. 59

1.2 List of Figures

Figure 1: Power Market, Indonesia, Gross Domestic Product ($bn) and Population (million), 2000–2019 ....... 12

Figure 2: Power Market, Indonesia, Annual Power Consumption (TWh), 2000–2019 ..................................... 13

Figure 3: Power Market, Indonesia, Market Share of Power Generation Companies (%), 2013 ...................... 18

Figure 4: Power Market, Indonesia, Deal Value ($bn) and Number of Deals, 2004–2013 ............................... 19

Figure 5: Power Market, Indonesia, Share of Deals by Type (%), 2013 .......................................................... 20

Figure 6: Power Market, Indonesia, Annual Power Consumption (TWh), 2000–2030 ..................................... 21

Figure 7: Power Market, Indonesia, Power Consumption by Sector (%), 2013 ............................................... 23

Figure 8: Power Market, Indonesia, Cumulative Installed Capacity Breakdown by Fuel Type (%), 2013 ......... 29

Figure 9: Power Market, Indonesia, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),

2000–2030 ..................................................................................................................................... 31

Figure 10:Power Market, Indonesia, Cumulative Installed Thermal Power Capacity (GW) and Annual Thermal

Power Generation (TWh), 2000–2030 ............................................................................................. 35

Figure 11:Power Market, Indonesia, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower

Generation (TWh), 2000–2030 ....................................................................................................... 39

Figure 12:Power Market, Indonesia, Cumulative Installed Renewable Power Capacity (GW) and Annual

Renewable Power Generation (TWh), 2000–2030 .......................................................................... 44

Page 8: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 9 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Introduction

2 Introduction

Indonesia is the largest economy in Southeast Asia. It is the fourth-most populous country and has

the 17th largest economy in the world. Post-independence, it has seen tremendous economic

development, partly as a result of government changes to its regulatory framework, which have

increased investment from both the foreign and domestic private sector. Despite this, Indonesia

struggles with poverty, unemployment, corruption, poor infrastructure, a complex regulatory

environment and unequal resource distribution among regions.

With an estimated Gross Domestic Product (GDP) (at current prices) of $XX billion in 2013,

Indonesia registered growth of XX% in the same year (CIA, 2014). The industry sector was

estimated to account for XX% of Indonesia’s GDP in 2013, followed by the service sector (XX%)

and the agriculture sector (XX%). Indonesia has substantial natural resources, including crude oil,

natural gas, tin, copper and gold. It is a major importer of chemicals, fuels, food items, machinery,

equipment, and crude oil. Indonesia exports gas, coal, electrical appliances, rubber, textiles and

plywood. Its major trading partners are China, Japan, Singapore and the US. Since 1998,

Indonesia’s oil production has declined, owing to its largest oil fields’ reached maturity and its

inability to develop new comparable resources. Despite being a net importer of crude oil, since

2004 it has been the world’s sixth-largest net exporter of natural gas and second-largest net

exporter of coal.

The Ministry of Energy and Mineral Resources (Kementerian Energi dan Sumber daya Mineral,

MEMR) is the chief regulator of the electricity sector and is responsible for the legislation,

implementation, co-ordination, enforcement and compliance of the electricity sector. Perusahaan

Listrik Negara (PLN), a state-owned utility, is the dominant company in the power sector. It owns

XX% of Indonesia's power-generating capacity through its subsidiaries and maintains a monopoly

over Transmission and Distribution (T&D) activities. The remaining XX% is owned by the private

sector through Independent Power Producers (IPP). This contribution of IPPs is likely to increase,

as new private power projects are expected to come online in the next few years. The electrification

ratio in Indonesia is currently XX% but is expected to increase owing to increasing private

investments in the electricity infrastructure.

Page 9: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 10 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Introduction

2.1 GlobalData Report Guidance

The executive summary captures the key growth trends in the power market.

Chapter three provides a snapshot of the key parameters that impact the power sector, as well

as key points about the power market.

Chapter four provides an analysis of the power market.

Chapter five details the regulatory control of the power market and the inward foreign

investment scenario.

Chapter six provides information on the cumulative installed capacity and annual generation

trends, by individual generation source.

Chapter seven describes the power T&D infrastructure and provides information on

interconnectors with neighboring countries. The section also covers electricity imports and

exports and upcoming grid-related projects.

Chapter eight provides complete descriptions and SWOT analyses of the leading power

generating companies.

Note: All 2013 market numbers provided in the report are estimates, except where actual data were

available.

Page 10: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 11 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Snapshot

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

3 Indonesia, Power Market, Snapshot

3.1 Indonesia, Power Market, Macro-economic Factors

Indonesia’s GDP (at constant prices) grew from $XX billion in 2000 to $XX billion in 2013 at a

Compound Annual Growth Rate (CAGR) of XX%. The economy enjoyed steady growth from 2000

to 2007 but declined in 2008 in the wake of the global economic crisis. The annual growth rate

declined by XX% in 2008, compared with an average annual growth rate of XX% between 2000

and 2007. The economy picked up in 2009 and continued to grow until 2012, at an average growth

rate of XX%. However, it fell again in 2013 to a negative rate of XX% due to severe global

economic uncertainty, a high current-account deficit, high inflation due to a rise in fuel prices, and

sharp domestic currency depreciation. The economy is expected to continue declining in 2014 at a

negative rate of XX%. To tackle the situation, the central bank raised bank interest rates

significantly to bring the economy back on the path of growth. Indonesia also has major

infrastructure development plans to drive economic growth. With contingency measures made by

the government to attract increased investments, GDP (at constant prices) is expected to grow at a

CAGR of XX% between 2014 and 2019 (IMF, 2014).

The population has shown a very flat trend during the period under analysis, growing at a CAGR of

XX% from XX million in 2000 to 277 million in 2013. This trend is expected to continue between

2014 and 2019, with the population expected to increase to XX million, at a CAGR of XX%.

Electricity consumption increased from XX Terawatt hours (TWh) in 2000 to XX TWh in 2013, at a

CAGR of XX%. This was due to an increase in demand from the industrial and services sectors.

Consumption is expected to increase at a CAGR of XX% between 2014 and 2019, to reach XX

TWh.

Page 11: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 12 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Snapshot

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Figure 1: Power Market, Indonesia, Gross Domestic Product ($bn) and Population (million), 2000–2019

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

Popu

latio

n (m

illio

n)

GD

P ($

bn)

GDP (constant prices) Population Source: GlobalData; IMF, 2014

Page 12: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 23 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Market Analysis

4.4.1 Electricity Consumption by Sector, 2013

The industrial sector was the single largest consumer of electricity in the power sector in 2013,

accounting for an estimated XX% of electricity consumption. The residential and commercial

sectors contributed an estimated XX% and XX%, respectively, to consumption, while all other

sectors cumulatively contributed the remaining XX%.

Figure 7: Power Market, Indonesia, Power Consumption by Sector (%), 2013

Industrial

Residential

Commercial

Other

Source: GlobalData

Table 6: Power Market, Indonesia, Power Consumption by Sector (%), 2013 Sector Consumption

Industrial

Residential

Commercial

Other sectors

Source: GlobalData

Page 13: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 58 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

9 Appendix

9.1 Market Definitions

9.1.1 Power

Power refers to the rate of production, transfer or energy use, usually related to electricity. It is

measured in Watts (W) and often expressed in kilowatts (kW) or Megawatts (MW). It is also known

as real power or active power.

9.1.2 Installed Capacity

Installed capacity refers to the generator’s nameplate capacity as stated by the manufacturer, or

the maximum rated output of a generator under given conditions. It is given in Megawatts (MW) on

a nameplate affixed to the generator.

9.1.3 Electricity Generation

Electricity generation refers to the process of generating electricity from other forms of energy. It

also refers to the amount of electricity produced, expressed in Gigawatt hours (GWh).

9.1.4 Electricity Consumption

Electricity consumption is the sum of electricity generated, plus imports, minus exports and

transmission and distribution losses. It is measured in Gigawatt hours (GWh).

9.1.5 Coal-Fired Power Plant

A coal-fired power plant produced electricity from the combustion of coal.

9.1.6 Hydropower Plant

A hydropower plant is a plant in which the turbine generators are driven by falling or flowing water.

9.1.7 Nuclear Power

Nuclear power is the energy released from the fission of nuclear fuel in a reactor.

Page 14: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 59 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

9.1.8 Renewable Energy Resources

Renewable energy resources are those that provide energy that is naturally replenished but limited

in the amount of energy available per unit of time. Biomass, geothermal, solar, small hydro and

wind are examples of renewable resources.

9.2 Abbreviations

Table 22: Abbreviations BATAN National Atomic Energy Agency (Badan Tenaga Atom Nasional)

CAGR Compound Annual Growth Rate

CCGT Combined Cycle Gas Turbine

Ckm Circuit kilometer

FDI Foreign Direct Investment

GDP Gross Domestic Product

HVDC High Voltage Direct Current

IPPs Independent Power Producers

kV kilovolt

MEMR Ministry of Energy and Mineral Resources (Kementerian Energi dan Sumber daya Mineral)

MW Megawatt

NCP National Coal Policy

NGL

PPA Power Purchase Agreement

PLN Perusahaan Listrik Negara

PV Photovoltaic

RUKN National Electricity Generation (Rencana Umum Ketenagalistrikan Nasional)

T&D Transmission and Distribution

TWh Terawatt hours

Source: GlobalData

Page 15: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 60 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

9.3 Bibliography

Arnold W (2012). Coal slide poses broader risks for Indonesia. Reuters, September 11, 2012.

Available from: http://blogs.reuters.com/breakingviews/2012/09/11/coals-slide-poses-broader-

risks-for-indonesia/ [Accessed on June 25, 2014]

BP (2013). BP Statistical Review of World Energy June 2013. BP. Available from:

http://www.bp.com/content/dam/bp/pdf/statistical-

reviewstatistical_review_of_world_energy_2013.pdf

CIA (2013). Indonesia: the World Factbook. Central Intelligence Agency. Available from:

https://www.cia.gov/library/publications/the-world-factbook/geos/sp.html [Accessed on June 25,

2014]

GBG Indonesia (2013). Indonesia’s Electricity and Power Generation Sector. Global Business

Guide Indonesia. Available from:

http://www.gbgindonesia.com/en/energy/article/2012/indonesia_s_electricity_and_power_gene

ration_sector.php [Accessed on June 25, 2014]

HRW (2012). PLN report shows hydro growth potential in Indonesia. Hydro Review Worldwide.

Available from: http://www.hydroworld.com/articles/print/volume-20/issue-2/departments/hrw-

briefings.html [Accessed on June 25, 2014]

IESR (2012). Catalyzing Indonesian Civil Society Action to Deliver Sustainable Energy for All.

Institute for Essential Services Reforms. Available from:

http://www.iesr.or.id/english/2012/12/civil-society-workshop-catalyzing-indonesian-civil-society-

action-to-deliver-sustainable-energy-for-all/ [Accessed on June 25, 2014]

IMF (2014). World Economic Outlook Database, April 2013. International Monetary Fund.

Available at: http://www.imf.org/external/pubs/ft/weo/2014/01/weodata/index.aspx [Accessed

on June 25, 2014]

Indonesia-Investments (2014a). Coal in Indonesia, Indonesia's Coal Production and Export.

Indonesia-Investments. Available from: http://www.indonesia-investments.com/doing-

business/commodities/coal/item236 [Accessed on June 25, 2014]

Page 16: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 61 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

Indonesia-Investments (2014b). Profile of Perusahaan Listrik Negara (PLN): Indonesia's

Electricity Provider. Indonesia-Investments. Available from: http://www.indonesia-

investments.com/news/todays-headlines/profile-of-perusahaan-listrik-negara-pln-indonesias-

electricity-provider/item1198 [Accessed on June 25, 2014]

OECD (2014). International investment stumbles into 2014 after ending 2013 flat. Organization

for Economic Cooperation and Development. Available from: http://www.oecd.org/daf/inv/FDI-

in-Figures-April-2014.pdf

PI (2012). Indonesia and China Development Bank continue financial Corporation. Power

Insider. Available from: http://www.pimagazine-asia.com/news/power-generation/indonesia-

and-china-development-bank-continue-financial-co-operation/ [Accessed on June 24, 2014]

PLN (2012) via China Securities Journal. Indonesia needs to solve power shortage for

sustainable development. Perusahaan Listrik Negara. Available from:

http://www.cs.com.cn/english/opinion/201212/t20121207_3768330.html [Accessed on June 25,

2014]

9.4 GlobalData’s Methodology

GlobalData’s dedicated research and analysis teams consist of experienced professionals with

advanced statistical expertise and marketing, market research and consulting backgrounds in the

energy industry.

GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and

Strategic and Competitive Intelligence Professionals (www.scip.org).

All of GlobalData’s databases are continuously updated and revised. The following methodology

has been followed for the collection and analysis of data presented in this report.

9.4.1 Coverage

This report covers Indonesia’s power market, examining the market structure and providing

historical generation, capacity and consumption forecasts until 2030. It also looks at the market’s

regulatory structure, import and export trends, competitive landscape and leading active and

upcoming power projects.

Page 17: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 62 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

9.4.2 Secondary Research and Analysis

The capacity, generation and consumption data are collected and validated using a number of

secondary resources including, but not limited to:

Government agencies, ministry websites, industry associations, the World Bank, IMF, and

statistical databases

Company websites, annual reports, financial reports, analyst reports and investor

presentations

Industry trade journals, market reports and other literature

GlobalData’s proprietary databases such as the Capacity and Generation Database, Power

Plant Database and Transmission and Distribution Database

Further to this, the following secondary information is collected and analyzed to project Indonesia’s

power market scenario to 2030, analyzing factors such as:

Macro-economic scenario

Government regulations, policies and targets

Government and private sector investment

Contract and deal announcements

Utility expansion plans

The sector’s historic track record

Other qualitative insights built through secondary research and analysis of company websites,

annual reports, investor presentations, industry and trade journals, and data from industry

associations

9.4.3 Primary Research and Analysis

Secondary research is further complemented through primary interviews with industry participants

to verify the market numbers obtained through secondary research and obtain first-hand

information on industry trends.

Page 18: GDPE0723ICR Indonesia Power Market Outlook to 2030 sample · reference code gdpe0723icr | publication date july 2014 indonesia power market outlook to 2030, update 2014 – market

Indonesia Power Market Outlook to 2030, Update 2014 – Market Trends, Regulations and Competitive Landscape 63 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Appendix

INDONESIA POWER MARKET OUTLOOK TO 2030, UPDATE 2014 – MARKET TRENDS, REGULATIONS AND COMPETITIVE LANDSCAPE

The participants are drawn from a diverse set of backgrounds, including power producers,

equipment manufacturers, industry associations, government bodies, utilities, distributors, and

academia. The participants include but are not limited to C-level executives, industry consultants,

academic experts, business development and sales managers, purchasing managers, plant

managers, government officials and industry spokespersons.

9.5 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any

form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior

permission of the publisher, GlobalData.