Despite the global trend, in Indonesia, renewables are still cited as expensive sources of electricity. This perspective affects how Indonesia’s future electricity system is projected, the direction and the making of the energy policy, as well as attractiveness of the country to the investors.
We use the Technology Data for the Indonesian Power Sector report by Dewan Energi Nasional (DEN) as the primary reference and refines with most recent data from other related market studies (BNEF, IRENA, etc) as well as surveys with the association, project developers, and PLN to calculate the LCOE in Indonesia