Enlit Asia : Strengthening ASEAN Readiness in Energy Transition

Background

The energy transition has different characteristics in every region, yet the overarching story is the same: how we harness, trade, deploy and use energy is changing radically and rapidly.​ As the largest country in ASEAN, Indonesia accounts for around two fifths of the region’s energy consumption. Energy demand across the country’s more than 17,000 islands could increase by four fifths and electricity demand couple triple between 2015 and 2030. To meet this demand, Indonesia is not only shifting reliance on domestic coal and imported petroleum, but also adding more renewables to its energy mix.

The country has set out to achieve 23% renewable energy use by 2025, and 31% by 2050.​ Harnessing its renewables potential is expected to require over USD 16 billion of investment per year over the period to 2030.

The Institute for Essential Services Reform (IESR) is participating as a supporting association in the Enlit Asia 2023 event in Indonesia.

Objectives

• Meeting growing electricity demand by capturing renewable energy resource​
• Developing renewables for industry, buildings and transport​.
• An integrated and comprehensive bioenergy programme and ensuring sustainable development and use of this vital energy source.