Indonesia Significantly Lags Behind in ASEAN Solar and Wind Energy Adoption

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Erlina Fury Santika 25/04/2024 15:06 WIB

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Bain & Company's collaborative research shows that Indonesia significantly lags behind several ASEAN countries in the adoption of solar and wind energy for electricity generation.

Percentage of Solar and Wind Energy Use in Electricity Generation in 5 ASEAN Countries (2019-2022)

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Indonesia Significantly Lags Behind in ASEAN Solar and Wind Energy Adoption

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Percentage of Solar and Wind Energy Use in Electricity Generation in 5 ASEAN Countries (2019-2022)

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Collaborative research by Bain & Company, GenZero, Standard Chartered Bank, and Temasek mapped the use of solar and wind energy for electricity generation in several ASEAN countries.

The research shows that Indonesia made zero progress (0%) in implementing solar and wind energy as sources of electricity generation from 2019-2022. The installed capacity proportion was only 1%.

Indonesia significantly lagged behind Vietnam, which was the most progressive in implementing renewable energy sources for electricity generation. Specifically, Vietnam achieved 3% in 2019; 5% in 2020; 12% in 2021; and 13% in 2022. The installed capacity proportion reached 29%.

The research team acknowledged that most countries were slow to increase the proportion of renewable energy, except for Vietnam. Other countries in the region were relatively low, at only 1-4%.

"Only Vietnam showed significant growth due to high feed-in tariffs and a supportive climate, characterized by abundant sunshine and strong winds," the research team wrote in the report *Southeast Asia’s Green Economy 2024 Report: Moving the needle*, quoted on Thursday (April 25, 2024).

Thailand ranked second, although its progress was fluctuating. The usage proportion was 5% in 2019, decreased to 4% in 2020, increased to 5% in 2021, and decreased again to 4% in 2022. The installed capacity proportion reached 8%.

The Philippines had a usage proportion of 2% during 2019-2020 and 3% during 2021-2022. The installed capacity proportion was 7%.

Malaysia had a 1% usage percentage of solar and wind power from 2019-2021. This increased to 2% in 2022. The installed capacity proportion reached 5%.

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."