Commodity Market Report
Indonesia power market and long-term outlook 2020
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Report summary
Key report themes: 1) Demand growth slowed to 0.6% year-on-year through the first three quarters of 2020 due to the coronavirus. 2) Indonesia is projected to be the second fastest growing market in Southeast Asia behind Vietnam. 3) Indonesia will fall short of its renewable energy mix targets of 23% by 2025. 4) Unlike in most countries in the Asia Pacific region that have coal capacities declining by the 2030s, Indonesia’s coal capacity will rise by 2050.
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