The Indonesian power generation market is expected to more than quadruple in size within a 10-year period, according to a new report by Transparency Market Research.
The report looks at the Indonesian market, both in retrospect and future, up to 2022. Power generation in that nation is expected to reach $63.6 billion U.S. by the end of 2022, expanding at a projected 18.7 percent per year.
Indonesia’s power generation market totaled about $14 billion in 2013. The Transparency market report can be found at transparencymarketresearch.com.
Several international power generation companies have completed or begun major projects in the southeast Asian nation. Among those was Mitsubishi Hitachi Power Systems, which installed two M701F gas turbines to the Jawa-2 gas-fired combined-cycle Tanjung Priok Power Plant on Java Island. The Jawa-2 project is building out 880 MW of GTCC capacity.
Meanwhile, Indonesia’s PT Pertamina Persero has a sale and purchase agreement for liquified natural gas produced in the U.S. and transported from Chernier Energy’s Corpus Christi, Texas, LNG terminal. First commercial delivery is expected by summer, according to reports.
Two years ago, MAN Energy Solutions (then Man Diesel & Turbo) announced it would deliver and install four MAN 18V32/40 gensets for Indonesian energy company PT Sumberdaya Sewatama. The power plant, with a capacity of 24 MW, will be installed at the Martabe gold mine.
(Rod Walton is content director for Power Engineering and POWERGEN International, which will be Nov. 19-21 in New Orleans. POWERGEN will feature content and exhibitors in all facets of power generation, including coal, natural gas, renewables, nuclear and energy storage.