Gearing up for a major grid transition, investment in Indonesia

In Indonesia, electricity consumption has increased rapidly, averaging about 4% annually over the past decade. — The Jakarta Post

JAKARTA: The International Energy Agency (IEA) projects that US$25 trillion of investment in grid upgrades will be required by 2050 to achieve our net-zero goals, equivalent to about one-quarter of the world’s annual total economic output today.

This need is even more pronounced in South-East Asia, where legacy grid infrastructure is struggling to keep pace with regional demand growth.