ASEAN Energy Transition Index 2024: Indonesia Ranks 3rd

Indonesia's energy transition readiness is considered quite strong on a Southeast Asian scale. This is evident from the *Fostering Effective Energy Transition 2024* report released by the World Economic Forum (WEF).

The WEF assessed the energy transition readiness of 120 countries based on dozens of indicators, including the level of clean energy use, diversification of power generation types, carbon emissions, and the readiness of regulations, finance, and infrastructure for the energy transition.

The results of the assessment were then formulated into an Energy Transition Index (ETI) with a score system of 0-100. An ETI score of 0 indicates very poor readiness or performance, while an ETI of 100 is excellent.

Using this method, Indonesia achieved an ETI score of 56.7 in 2024, ranking 3rd in Southeast Asia or 54th globally.

Southeast Asian countries with better energy transition readiness than Indonesia are Vietnam and Malaysia, with scores as shown in the graph.

According to the WEF, energy transitions in developing countries, such as those in Southeast Asia, are generally hampered by financial issues.

"Many developing countries face financial constraints that hinder their ability to invest in cleaner energy technologies and infrastructure," the WEF report states.

"International support and investment are crucial to facilitating their energy transitions," it continues.